TMP Worldwide Announces New Senior Management Structure

Michael T. Kelly Appointed Global CEO of Executive Search and member of newly-created Executive Search Board of DirectorsTMP Worldwide Inc.


(NASDAQ: TMPW), has announced the appointment of Michael T. Kelly as the new Global CEO of Executive Search, and as a member of the newly created Executive Search Board of Directors.

Formerly President of Executive Search, North America, Mr. Kelly was responsible for driving revenues by developing sales across all sectors in North America.

Mike has displayed outstanding leadership to the North American Executive Search group in the last year, said Jon Chait, Chairman and CEO, Executive Search and eResourcing. I have been truly impressed with his leadership, team attitude, recruiting skills, and his integrity, and I can think of no better person to lead the new global search entity than Mike.

Michael Kelly commented, I am sincerely honored at the opportunity to serve as Global CEO, and am truly excited about our prospects as we evolve into a global search organization. We have taken this year to focus on the strength of our sectors, and have made strategic additions to our team. We are ready for the market turnaround and will have the advantage when it does.

In addition to Mr. Chait, Mr. Kelly will be joined on the new Executive Search Board of Directors by three newly-appointed regional CEOs who will report in to him: John Wallace, CEO-North America; Andrew Simpson, CEO-Europe; and Dan Dumitrescu, CEO-Asia Pacific.

I also could not have asked for a more experienced management team, continued Kelly. I have worked with John, Andrew and Dan for more than a year now, and their leadership skills and the depth of their experience continually impress me.


Mr. Kelly joined TMP Worldwide Executive Search in March of 2001 as the Global Sector Leader of the firm's Healthcare Practice, and was appointed President, North America in December of the same year. His previous experience includes senior executive positions with Korn/Ferry, St Jude Medical Inc., and Recognition Equipment, Inc. He is a graduate of the United States Naval Academy and a former Marine Captain. Additionally, he received an MA from Pepperdine University in Los Angeles.


John Wallace John Wallace previously served as Chief Operating Officer of Executive Search, North America, responsible for driving the region's profitability and managing the day-to-day operations. Before that, he served as Managing Partner of TMP Worldwide Executive Search's Toronto office, responsible for operations and strategic initiatives in the Canadian region. Mr. Wallace joined TMP Worldwide upon the acquisition of the Toronto Practice of Illsley Bourbonnais in March 2000. Prior to his association with Illsley Bourbonnais, he held progressively senior sales and marketing positions, the most recent being Vice President of Sales and Service with a national subsidiary of Nortel. He holds an Honours Bachelor of Science degree from the University of Waterloo.


Andrew Simpson has more than 15 years of senior level executive search experience focusing on corporate and divisional board positions and top specialist executives for a broad spectrum of clients. He was previously President of Executive Search, Europe, and prior to that was the Managing Partner of TMP Worldwide Executive Search's London office. Mr. Simpson graduated from Edinburgh University with an MA in History.


Dan Dumitrescu has more than eight years of search experience, and most recently worked with Korn/Ferry International, where he established the Australian Technology Practice and subsequently led the Advanced Technology Practice across Asia Pacific. He has successfully developed strategic regional relationships with clients and is a respected confidante to boards across a variety of sectors. Prior to commencing his career in search, Dan spent 14 years with Wang Australia, serving his last three years as Managing Director, successfully overseeing extensive change. He holds a Masters of Computer Science from the University of Grenoble, France and worked through the dissertation level for a PhD whilst lecturing at the same University.




TMP Worldwide Founded in 1967, TMP Worldwide Inc., with more than 8,500 employees in 33 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search & Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the parent company of Monster, the leading global careers website, the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The Company's clients include more than 90 of the Fortune 100 and more than 490 of the Fortune 500 companies. TMP Worldwide is a member of the S&P 500 Index. More information about TMP Worldwide is available at