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Download: Integrated Employment Branding Presentation Tony Lee (March 17, 2006) At the bottom of this page, you'll find the full press release detailing Tony Lee's move from the Wall Street Journal to Adicio. It's a watershed moment in the industry. We lose a godfather and gain a potent biz-dev guy. Tony is moving on to shepherd relationship development at Adicio. He managed the Dow Jones investment in Adicio which gives him an interesting leg up. We got in touch with Tony as soon as we heard the news. Lee has been our patron for the vast majority of our time in business. A voice of reason, an industry shaper and the sort of gentle visionary who really changes the world, Tony has made the employment industry interesting. He leveraged every bit of his resource base to make the industry as a whole a better place. If we were to hold a testimonial dinner, nearly everyone in the business would be there. Tony is moving away from operations at the Journal's Online operations and into the push and pull of vendor politics. He'll be working the opposite side of the beat like a Colonel who joins a defense contractor. The shift in focus and scope will be fascinating to watch. Tony is a player and we're sure he'll be successful. The announcement portends a shift for our industry. Losing "the" godfather with no observable replacement is no small thing. Tony's hand is all over a range of things from Peter Weddle's prominence to CareerXRoads success to the recent emergence of OnRec as a global news source. As the manager of a suite of Wall Street Journal brands, he was able to lend credibility and influence to a wide range of projects and personalities. interbiznet's survival was guaranteed more than once by a contract from Lee's operation. The position, per se, won't need a replacement. The Wall Street Journal is (we hear on the streets) consolidating things into one brand. It's that famous "get a new CEO and the pendulum swings" stuff. The new CEO, Richard Zanino, represents a real break with Dow Jones tradition. His first moves involve corralling the various sub brand outbreaks into one giant traffic machine. While Dow Jones has the most successful subscription site, they could use the additional traffic to boost numbers and targeting. We're betting that the end of the CareerJournal brand is in sight. That's not to say that the online Wall Street Journal won't continue to sell and deliver job ads. The largest player in its niche, the Journal is the 900 pound gorilla in the executive recruitment space. We just expect that the branding will change and that the focus will shift to larger revenue advertising campaigns. This is good news for Marc Cendella of the Ladders. Any shift in focus by the journal will send customers his way. Without a guiding hand like Tony Lee's, the various content distribution and acquisition deals will begin to drift. The credibility built by Lee's hard work will start to disintegrate. That's the basic idea of brand consolidation. In the process, our industry loses a valuable center. Any change like this creates enormous opportunity. It's no surprise that Adicio looks like the initial winner. Recent growth coupled with Lee's network make an awesome combination. The game will be a little dicier with the Adicio branding. Dow Jones is a door opener. Adicio is a naming decison that ranks with Recruitmax's choice to change its name to Vurv (turn down your speakers). With the middle rankings in the top 10 job boards up for grabs and the shift of a key player from one side to another, the industry's politics just got a little more interesting. Good luck, Tony.
ADICIO APPOINTS TONY LEE TO SENIOR-LEVEL POSITIONS Don't forget to check out the blogs on bert.
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