Olivier Corneloup has been named Business Wire's regional manager,
France and Southern Europe, assuming responsibility for the commercial
newswire's Paris office and planned future expansion into neighboring
markets such as Italy and Spain, Gregg Castano, co-chief operating
officer, announced today.
Corneloup is a charter member of the Paris office, which opened in
October 2005. Business Wire is the only global service provider that
maintains a full-service office in France, which serves as the
operations hub for the Euronext markets. Business Wire is anticipating
the January 20 launch of the Transparency Obligations Directive (TOD),
having set up its own dedicated regulatory disclosure networks in
France, Belgium, and The Netherlands, among other EU markets.
Corneloup's impressive credentials include an MBA degree from the
prestigious William E. Simon Graduate School of Business
Administration (University of Rochester in New York), and extensive
experience in the financial services and biotech sectors: Lazard in
London, JP Morgan in New York and London, and Group Rhone Poulenc in
Paris.
"We are confident that Olivier will help Business Wire take full
advantage of the enormous opportunities created by the Transparency
Obligations Directive, as well as the growing demand by European
companies to leverage newswires to reach global financial and consumer
markets," Castano said. "Olivier has the skill set, leadership
ability, and educational and employment background to deliver the
strong results we are anticipating."
About Business Wire
Business Wire, a Berkshire Hathaway company, is utilized by
thousands of member companies and organizations to transmit their
full-text news releases, regulatory filings, photos and other
multimedia content to journalists, news media, trade publications,
institutional and individual investors, financial
information services, regulatory authorities, Internet portals,
information web sites, business-to-business decision-makers and
consumers worldwide. With a news distribution network spanning 150
countries and 45 languages, Business Wire's multi-channel delivery
network, has access to some 60 international and national news agency
networks throughout the Americas, Europe, Asia, the Middle East and
Africa.
The Business Wire news network is powered by its patented
NX high-speed data platform and supports XML, XHTML and XBRL code to
deliver the most sophisticated news file to enhance news release
interactivity, customization and search engine optimization. Business
Wire has 30 bureaus in cities including New York, San Francisco, Los
Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels,
Tokyo and Sydney with reciprocal offices throughout the world.
Business Wire was founded in 1961 by Chairman Lorry I. Lokey, veteran
journalist and public relations executive. Cathy Baron Tamraz is
president and CEO.
