McKelvey, as you may know, is the CEO of TMP, the parent of Monster.com. He's the entrepreneur who had the sense, timing and leadership to purchase Monster and grow it into the dominating force that it is today. An entrepreneur by birth, McKelvey is a shrewd investor and a logical candidate for "father of the industry". It was a little more than interesting to see him aligned with two other great figures from the 90s.

We've quietly been chiding Monster executives about the need for the company to assume the leadership responsibilities associated with market dominance. The sort of charitable giving and leadership provided by McKelvey is an extraordinary start. We certainly don't see other industry leaders working to align the industry with broader social issues. By focusing on college and scholarships, McKelvey demonstrates the sort of concern for Human Capital that we all need to be associated with.

Hearing Bill Clinton mention Monster.com several times during the short interview was worth more to the industry than it was to McKelvey and his firm. You can sense this when you consider that the powerful TMP media machine didn't even put out a press release about this remarkable moment.

It's worth noting that McKelvey put a fair amount of his fortune at risk to deliver the financial reports to Wall Street in August. We saw that conference as yet another indicator of the sort of entrepreneurial leadership we should be expecting from the TMP team.

Nice going.

 -John Sumser

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