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Lawrence Traynor named STELLAR President |
STELLAR Anticipates a Record Year in 2008; Rapid Growth Necessitates Management Reorganization
STELLAR has concluded another successful year of growth in 2007, serving clients throughout the U.S. with designing, testing and funding bold new comprehensive multi-year programs we refer to as Strategic Action Plans (SAP’s). An SAP is designed to: increase your funding, strengthen and broaden your volunteer leadership base, while elevating both public and private sector support of your organization and making your organization and community more competitive globally. “Our many past successes for clients have generated a cadre of new STELLAR clients that have already signed on for 2008, making what will be our highest grossing year in the history of the firm, and it’s only January!” said STELLAR Founder and CEO, Terry J. Cusack.
"This rapid growth has caused STELLAR to evolve from an entrepreneurial company, to a Stage II company" “Our growth requires that our management team have an entirely different set of business and operational skills, processes and mindset” Cusack added.
To assist the company in this transition, Cusack recently announced that Lawrence “Laurie” Traynor has been promoted from Vice-president of Business Development to President of the company. Brian Smith, currently serving as a Vice-President and Senior Consultant, has been promoted to the position of Chief Operating Officer.
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Brian Smith |
“In STELLAR’s quest for continuous improvement, we needed to move the company to the next level,” said Cusack, “I am thrilled that I could reach into the depth and breadth of the STELLAR Team to promote people who have been implementing our proprietary STELLAR systems and processes for years. Not only can they step in and not miss a beat in terms of client services, their experience in running companies large and small will assist STELLAR in its growth transition and in developing new product offerings. With these changes, STELLAR will function even more smoothly than before, and we can sharpen our focus as experts on helping communities prosper and grow through increased funding for chambers, economic development organizations and other nonprofits.”
“These changes also allow me to resume a more active and visible role in working with our valued clients and trade groups,” Cusack continued. “In the future, my role as Founder and CEO will be to personally attend to meeting the varied needs and expectations of our clients. Please feel free to call me on my direct line at 770-380-7707 for assistance." As Founder and CEO, I’ll assume personal responsibility for anything you need, and hopefully, our working together will result in STELLAR doubling or tripling your budget within the next 12 months!”
