Reading between the lines it is an awesome exit plan. Execs at UCS get the cash. R&R gets to go private and avoid the huge expense of SARBOX. R&R CEO stays CEO. Keeps the R&R Brand. The shareholders get a fair price. The UCS employees have got to be a bit “nervous” but stuff happens. Fin O’Neil, R&R’s CEO gains another 5% market share in the US. Everyone rides into the sunset.
Anyone else think it’s time to take another look at the expense of SARBOX and why the only tech exit strategy these days is to be bought? Can we please bring back innovation even if it means dorky IPOs?
The company also announced that Fin O’Neill, Reynolds’ president and CEO, will be Vice Chairman, Office of the CEO, for the merged company. He will be responsible for helping lead the integration of the two companies and helping ensure that customer voices are heard and reflected in Reynolds’ policies and procedures, as well as in products and services.
Robert Brockman will serve as Chairman, Office of the CEO, for the new company.
Just posted a new article on Schipul.com here. It has been a few months since I wrote a full article although the team has been charging forward. The beginning of the article is below followed by a link out to the full article. I’d love to hear your feedback here or through comments on the site below the original article.
NOTE: For disclosure purposes, it’s important to point out that our company has a software product called Tendenci ®
that includes a first responder module and emergency response
capabilities. Whether an organization uses Tendenci or not, I believe
the key to effective emergency response is to use familiar tools that
are widely deployed and accessible.
It will be through
extensive training, experimentation, practice and repetition, with
lessons learned properly applied, that assumptions will be validated or
found faulty, concepts proven or rejected, and the theoretical molded
into the practical ““ that process alone will yield the best practices,
policies, and procedures required for the effective employment of new
technology (for emergency response).
Lt.Col. Mark Stanovich, USMCR, Emergency Readiness and Response Research Center “Network-Centric“ Emergency Response
As a resident and a corporate citizen of
Houston, I have kept a close eye on the progression of hurricane
season. Despite dire predictions, we’ve had only three named storms so
far. At this time last year, we were already up to our 12th named storm. So we are cautiously optimistic.
Unfortunately, I am less optimistic about
the ability of communities throughout the Gulf Coast to leverage
technology investments in their response to the storms that will
inevitably come. Too many are relying on technology tools that sit
dormant until an emergency is imminent rather than deploying
multi-functional technologies that integrate emergency response into
I believe there is a significant danger
with emergency response tools that sit on the shelf until they are
needed. Primarily the danger lies in three areas: training, reach and
Smirnoff has a new viral video
out on YouTube, but that’s not so unusual. However, a creative director
from Smirnoff’s ad agency, Kevin Roddy, said something really
interesting. He says that brands need to stop being advertisers and
um… emphasis added. Visit the post for more meaningful quotes or just watch the video.