CEDU Closing: Pete Talbott's Background

TeleSpectrum Worldwide Inc. in 2000 named Pete Talbott Chairman of the Board.  It is privately held so I am guessing that MCD had a position in TSW.

KING OF PRUSSIA, Pa., Aug. 14  [2000] /PRNewswire/ -- TeleSpectrum Worldwide Inc.

(Nasdaq: TLSP), a leading provider of multi-channel customer relationship management services, today announced that its Board of Directors has elected Fenton R. (Pete) Talbott as Chairman of the Board.  Mr. Talbott succeeds Keith E. Alessi who has resigned as Chairman and member of the Board of Directors to pursue an opportunity in higher education.

Mr. Talbott, 58, is an operating affiliate at McCown DeLeeuw & Co. (MDC), a private equity investment firm.  Prior to joining MDC in 1999, he was Executive Vice President, Community Banking at Comerica Bank. Previously, he was Senior Vice President, Financial Products and Services at American Express Corporation and President/Chief Executive Officer of ACUMA Ltd., a subsidiary of American Express.  Mr. Talbott has also held various executive positions, both domestically and internationally, at The First Boston Corporation, Bank of America, and Citibank.

"Pete's broad financial services background, his global expertise, and extensive network of contacts are invaluable to our continuing efforts to accelerate TeleSpectrum's growth," said Vince Ciavardini, President and CEO of TeleSpectrum Worldwide Inc.

Mr. Talbott said, "Keith has a well-known, keen interest in higher education.  On behalf of the Board, we wish him well in these endeavors."

CEDU Posts

• Former CEDU Schools Reborn January 5 2007
• Update on CEDU Schools October 28 2005
• CEDU Properties Sold August 18 2005
• The Business of Troubled Teens August 18 2005
•  CEDU Closing: Buildings and Contents to be Sold May 8 2005
• CEDU Closing: On Edison Schools April 30 2005
• CEDU Closing: Pete Talbott's Resume April 27 2005
• CEDU Closing: McCown DeLeeuw Sued ByEmployees April 14 2005
• CEDU Closing: George Locker's Criticism of the CEDU Enterprise April 14 2005
• CEDU Closing: 1990 Snapshot of McCown DeLeeuw April 12 2005
• CEDU Closing: A Timeline of the CEDU Enterprise April 2005
• CEDU Closing: Letter from a Former Faculty Member April 2005
• CEDU Closing: Parents of CEDU Students Helping Economically Distressed Faculty April 7 2001
• CEDU Closing: Economic Impact on CEDU Employees Devastating April 7 2005
• CEDU Closing: 310 Employees Stiffed on Wages April  6 2005
• CEDU Closing: Who is To Blame? April 6 2005
• CEDU Closing: Running Springs Area Also Suffers Financial Impact April 6 2005
• CEDU Closing: An Alumnus Pleads, "Save CEDU!" April 4 2005
• CEDU Closing:  A Parent's Response to CEDU's Closing April 3 2005
• CEDU Closing: Bankruptcy Trustee Slams Door Shut, Then Open April 3 2005
• CEDU Closing: Parents Out Prepaid Tuition, Employees Lose Retirement. McCown Deleeuw Still Solvent April 3 2005
• CEDU Closing: King George Stays Open as Head Thinks on Feet April 3 2005
• CEDU Closing Shocks Industry Reporter April 3 2005
• CEDU Closing: Parent Company, Brown, Negotiating in Bad Faith?  April 1 2005
• CEDU Closing: More Details March 29 2005
• CEDU Closing: Brown Schools, CEDU's Parent, Files for Bankruptcy March 29 2005
• CEDU Closing: Margurite Sallee, The Brown Schools, and McCown DeLeeuw March 27 2005
• CEDU Closing: All CEDU Schools Closing Immediately March 25 2005
• CEDU Closing: Rocky Mountain Academy Folds Abruptly February 12 2005

Related Posts:

• Debunking "Tough Love" Programs April 11 2006
• Advice for Parents Seeking a Therapeutic Program for Their Children January 21, 2006
• Why The "Troubled Teen" Industry is Booming January 2, 2006
• The Road To Whatever August 25 2005
• Nonpublic School Governance April 23 2005
• Why Parents Seek and Pay for Therapeutic Boarding Schools April 14 2005
• NYT Article on the Therapeutic School Industry April 13 2005
• Therapeutic Schools: What Happens to Poor Kids April 10 2005
• Thinking of Sending Your Kid to A "Tough Love" Program?  March 30 2005

Questions Parents Should Consider Before Placing A Child

• NonPublic Schools: Part I--Overview
• NonPublic Schools--Part II Evaluating Mission, Values, & Goodness of Fit for Your Child
• NonPublic Schools--Part III Faculty and Staff Qualifications
• NonPublic Schools--Part IV: Evaluating Academic Program
• NonPublic Schools:Part V--On Accreditation
• NonPublic Schools:Part VI--More Detail on Financial Issues: IRS Status