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Private equity giant The Carlyle Group announced Tuesday that Louis Gerstner will retire as chairman and become senior adviser to the firm’s Asia, Europe, Japan and U.S. buyout funds.

Gerstner has held the chairman post since January 2003. He will step down Sept. 30. A successor has not been named.

“We are grateful that he will move into a senior advisor position focusing on our major buyout funds. Lou’s decades of operational experience at the pinnacle of the corporate world have been critical to our buyout decision making these past five years,” said Daniel D’Aniello, co-founder of Carlyle, in a statement.

“At this point in my life, I have a number of goals and interests yet to fulfill, requiring me to step back at Carlyle,” Gerstner said in a statement.

Prior to joining District-based Carlyle, Gerstner was chairman of IBM from 1993 to December 2002 and Chief Executive Officer of IBM from 1993 to March 2002.



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Tuesday, 07 August 2007

United States of America  (Press Release)  September 25, 2007 -- FOR IMMEDIATE RELEASE
MARTINSBURG, WV / September 25, 2007 – Global Technology Solutions, Inc (GTSIINC) continues to offer a place to post free mini advertisement for Small Businesses on their OnBlass.com (http://www.OnBlass.com)web site.

OnBlass.com which is a national repository for consumers to report complaints and/or value of consumer products and services is continuing their free advertisement service for Small Business who is just getting off the ground or if you haven't been put OnBlass in a negative way. This is an additional public and private service, OnBlass.com (http://www.OnBlass.com) allows free advertisement for 30 days for all businesses that register with the site.

“We understand the difficulties involved in getting a Small Business off the ground and want to make a difference,” said GTSIINC President and CEO Joseph Menefee.

 
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“We believe in consumer and we want to invite consumers to post as their grievances with us”. OnBlass.com has identified a wide-range of consumer issues which need further investigation. Consumer demands have enabled GTSIINC to expand with a new division called OnBlassID. The website OnBlass.com (http://www.OnBlass.com) was launched on April 18, 2007.

"We believe in consumers and want to stay in touch with them as much as possible. Posting complaints on our site isn’t enough and it’s not getting the job done. We enjoy our site and know that we are embarking on a more consumer relations side of the consumer complaints. We believe are the new step in resolving consumer issues. We feel real close to the issues and we want to help consumers,” said Joseph Menefee, President and CEO of GTSIINC. “We still believe in the principle that the customer is always right when if comes to customer service”, said Joe Menefee.

About OnBlass.com
OnBlass is a multi-functional website used to identify consumer product issues, concerns, and now offers professional investigative services (OnBlassID).

About Global Technology Solutions, Inc.
Global Technology Solutions, Inc. (GTSIINC) is a Veteran Owned Service Disabled Small Business that provides information technology support, technical solutions, services, procurement, and related services to commercial and government organizations via contracts.


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Last Updated ( Friday, 23 May 2008 )
 
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