The Chairman of Cook Islands Tourism, Ewan Smith, announced Mr Halatoa Fua as Chief Executive Officer of the Corporation during last week’s Kia Orana Cook Islands forum.

Mr Fua has served the Corporation since 31 March 2010 as Director of Finance and, during the past three months, as Acting CEO following the departure of former CEO Carmel Beattie.

In announcing the appointment, the Chairman made the following comments:

“This vacancy attracted considerable overseas interest and a number of very experienced and well qualified applicants. Halatoa has solid credentials for the position and demonstrated his ability to lead the management team during the recent period during which he acted in the CEO position.

“The Board is delighted to be able to fill the position through an internal promotion and continue the process of building depth and capacity within the management structure of the Corporation. Halatoa’s strong financial management skills and discipline played a large part with the Corporation recently receiving an unqualified audit report – the first in 7 years.

“We know Halatoa also has the confidence of the senior management and staff at the Corporation, and the Board is certain the local industry will join with us in congratulating him on his appointment.”

TORONTO – Ontario taxpayers may have to wait until next year to know how much Ornge’s newest executive is earning.

Former Air Canada executive Rob Giguere has been hired as chief operating officer of the publicly funded air ambulance service, but Ornge hasn’t disclosed his salary.

The government says Ornge must reveal the salaries of any employee who makes $100,000 or more, which includes Giguere.

But the next Sunshine List won’t be available until next spring.

Auditor general Jim McCarter says he’s surprised that Ornge hasn’t revealed how much its new COO is making, given that hidden salaries was a major problem at the troubled organization.

He says Ornge’s refusal to disclose the salaries of some of its executives spurred him to accelerate his investigation of the organization.

Ornge, which is currently under a criminal probe for financial irregularities, has been rocked by scandal over the last year.

A legislative committee has heard that former CEO’s Chris Mazza’s salary increased exponentially during his time at Ornge, eventually reaching at least $1.4 million.

Ornge managers decided that they didn’t have to disclose their salaries because they worked for the organization’s for-profit spinoffs and wouldn’t let McCarter look at their payroll records.

Read it on Global News: Global Toronto | Taxpayers have to wait to know salary of Ornge’s COO.

A person injured in the Via Rail passenger train
derailment is airlifted via Ornge helicopter to
hospital in Burlington;Ont. on Sunday;February
26;2012. Ontario’s governing Liberals failed to
sufficiently monitor the province’s air ambulance
service;despite giving Ornge hundreds of millions
of dollars that it used to make questionable
business deals;auditor general Jim McCarter
said Wednesday.

    “As we execute beyond initial FDA approval, the work to prepare for commercialization has increased dramatically. Doris can hit the ground running and is a great fit with our team.”

MINNEAPOLIS–(BUSINESS WIRE)–ProUroCare Medical Inc. (OCTQB: PUMD), developer of the FDA-approved ProUroScan™ prostate imaging system, announced that life sciences veteran Doris Engibous has entered into a contract to act as its interim Chief Operating Officer. Ms. Engibous’ primary assignment during this interim period is to direct activities leading to a 510(k) submission for a reusable probe for the ProUroScan system, the placements of systems at key opinion leader sites, and the production of systems in advance of market launch. Chairman of the Board, Dr. Michael Chambers, commented, “We are delighted to have someone with Doris’ track record of focus on product development and market adoption with financial and operational experience in both emerging and established businesses.”

ProUroCare Board member Larry Getlin added, “I have known Doris for many years. Not only is she a fabulous addition to the company’s bench strength as we move towards commercialization, but she has considerable experience in navigating partnership opportunities with both corporate and institutional players.” Rick Carlson, ProUroCare’s President and CEO, explained, “As we execute beyond initial FDA approval, the work to prepare for commercialization has increased dramatically. Doris can hit the ground running and is a great fit with our team.”

Ms. Engibous commented, “I am excited about my new responsibilities. My mission is clear. We have identified our short term critical milestones towards commercialization and my job is to ensure that we accomplish all tasks necessary to meet every one of them.” Ms. Engibous is past President and CEO of Hemosphere, Inc., former President of Nellcor (a business of Tyco Healthcare, now Covidien) and serves on the board of Natus Medical (NASDAQ: BABY).

About ProUroCare Medical Inc.

ProUroCare Medical Inc. is a publicly traded company engaged in the business of creating innovative medical imaging products. The company’s ProUroScan system, an elasticity imaging technology used to document abnormalities of the prostate previously detected by a digital rectal examination, received commercial clearance from the FDA in April 2012. Based in Minneapolis, the company’s stock trades on the OTCQB market (www.otcmarkets.com).

This news release contains certain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are typically preceded by words such as “believes,” “expects,” “anticipates,” “intends,” “will,” “may,” “should,” or similar expressions. These forward-looking statements are not guarantees of ProUroCare’s future performance and involve a number of risks and uncertainties that may cause actual results to differ materially from the results discussed in these statements. Factors that might cause ProUroCare’s results to differ materially from those expressed or implied by such forward looking statements include, but are not limited to, the ability of ProUroCare to find adequate financing to complete the development of its products; the high level of secured and unsecured debt incurred by ProUroCare; the impact and timing of actions taken by the FDA and other regulatory agencies with respect to ProUroCare’s products and business; the dependence by ProUroCare on third parties for the development and manufacture of its products; and other risks and uncertainties detailed from time to time in ProUroCare’s filings with the Securities and Exchange Commission including its most recently filed Form 10-K and Form 10-Q. ProUroCare undertakes no duty to update any of these forward-looking statements.

Contacts

ProUroCare Medical Inc.
Rick Carlson, 952-476-9093
Chief Executive Officer
rcarlson@prourocare.com

Canadian Solar Inc. has appointed Guangchun Zhang chief operating officer (COO). In this role, he will oversee all aspects of the company’s production operations, including manufacturing, quality control, research and development, as well as environmental and safety management.

Zhang has more than 18 years of experience in the photovoltaic industry. Before joining Canadian Solar, he worked for Suntech Power Holdings Co. Ltd., most recently as vice president for research and development and industrialization of manufacturing technology.

Prior to joining Suntech, he worked at the Centre for Photovoltaic Engineering at the University of New South Wales in Australia and Pacific Solar Pty. Ltd.

Ornge reveals salary of new executive

TORONTO — Ontario’s air ambulance service revealed the $240,000 salary of its newest executive Thursday after opposition critics slammed Ornge for refusing to disclose it for days.

It appeared that taxpayers would have had to wait more than year to know how much Ornge’s new chief operating officer was earning, until Ornge posted his salary on their website after a report by The Canadian Press.

The webpage also includes salary ranges for other top executives, with the chief executive officer’s capped at $418,000. A chief financial officer could make between $200,000 to $225,000. But that doesn’t include bonuses.

The disclosure came three days after former Air Canada executive Rob Giguere took over the position at the publicly funded air ambulance service.

The former Air Canada and Skyservice executive, who ended up near the top end of the COO pay scale, could receive a bonus of up to 25 per cent of his salary if he meets his targets.

Ornge is obliged by law to reveal the salaries of any employee who makes $100,000 or more. But Giguere’s salary likely wouldn’t have appeared on the annual Sunshine List until 2014, because he was hired on as COO on Dec. 10.

Health Minister Deb Matthews praised Ornge for disclosing Giguere’s salary, even though it took a few days.

“The fact that they’ve now listed everyone up on their website — so everyone at the organization knows what the salary range is for every position — demonstrates their commitment to transparency,” she said in an interview.

Matthews said Ornge can be trusted to be transparent, even though it took some prodding by critics to get the information.

“They’ve gone above and beyond the request,” she said.

“They’ve put more information up on their website than any other organization I know of. And I think that that demonstrates their commitment to be completely transparent with the public.”

The issue of executive salaries has been a sensitive one for Ornge, which is trying to rebuild the public’s trust after a year of scandals that included ex-CEO Chris Mazza’s $1.4-million compensation package.

Ornge, which is operating with a new board and a new CEO, is still under the cloud of a criminal probe over financial irregularities.

Progressive Conservative Frank Klees said Ornge’s interim CEO, Ron McKerlie, refused to tell him how much Giguere would be paid when he called him earlier this week, saying he’d have to wait until the Sunshine List was released.

He said McKerlie also told him that no job search was done for the COO position because a job search had been done before Giguere was hired as an adviser months ago.

The root of the problems at Ornge was a lack of transparency and accountability, Klees said, and it doesn’t appear that things have changed.

“What I conclude from that is that very little has been learned at Ornge,” he said.

“If they should have learned anything — the new board, the interim CEO — is that the people of this province expect, especially at that agency, to have full disclosure about what’s going on.”

NDP health critic France Gelinas said Ornge should have revealed Giguere’s salary immediately after he was hired.

“They may not want to open up all their books all the time, but the least they could do is to share salaries to show us — to prove to us — that what was going on before was unacceptable and they have learned their lesson,” she said.

The lack of disclosure surprised even auditor general Jim McCarter, who released a scathing report on Ornge last March.

“I’d have to say I’m a little bit surprised to hear that,” McCarter said Wednesday after releasing his annual report at the legislature.

When he started investigation Ornge more than a year ago, their refusal to disclose the salaries of some of their executives set off an alarm, the auditor said.

“When we started saying we’d like to see the payroll records, it was like, ‘Oh auditor, you’re not seeing the payroll records.’ But that’s like waving a red flag in front of a bull,” McCarter said.

His report and subsequent legislative committee hearings have revealed that Mazza’s salary — which disappeared from the Sunshine List — increased exponentially during his time at Ornge.

Ornge managers decided that they didn’t have to disclose their salaries because they worked for the organization’s for-profit spinoffs.

McCarter said he is willing to go back to Ornge and see if they’ve fixed their problems before his term ends in April. However, he’d need a motion from the legislative committee that was looking into the scandal.

But the committee, which was disbanded in August, can’t meet again because Premier Dalton McGuinty prorogued the legislature in October, which also killed a Liberal bill that would have made changes at Ornge.

As a result of prorogation, the committee’s draft report on Ornge may never see the light of day, said Gelinas.

Nothing can move forward until the legislature comes back, said Klees.

“Look, the government’s trying to hide, to cover up,” he said.

“They still haven’t learned that the best way to deal with these things is to fess up, and to start over and to say let’s get it right.”

Harish Manwani is a business entrepreneur and Unilever’s first global chief operating officer

‘Mr Manwani was appointed the global COO of Unilever in June 2011′

Harish Manwani is a business entrepreneur and Unilever’s first global chief operating officer. He is Unilever’s geographical president of Asia, Africa and Central and Eastern Europe. Being a devouring and devoted golfer, he also loves playing bridge occasionally. Harish Manwani is a go-getter and is known for his consistent performance. He is a man who believes in relentless execution. Visiting customers is one of the must-dos in Harish Manwani’s list every time he visits a country. “This is the only way to stay connected; churning out papers in air-conditioned offices doesn’t help,” he had said in an interview with a business daily.

Education: Mr Manwani holds a bachelor degree in statistics and economics and a master degree in management studies from Jamnalal Bajaj Institute of Management Studies in Mumbai. He completed his MBA in 1976. Mr Manwani also attended the advanced management program at Harvard Business School.

Career: Mr Harish Manwani (58) assumed charge as the non-executive chairman of Hindustan Unilever with effect from July 1, 2005. He is also the chief operating officer of Unilever and a member of Unilever Leadership Executive. Mr. Manwani joined the company in 1976. He joined the board of the company in 1995 as a director responsible for the personal products business. In addition, he held regional responsibility as the category leader for personal products for the then Central Asia & Middle East (CAME) Group.

In 2000, Mr Manwani moved to the UK as a senior vice-president for the global hair care and oral care categories and in early 2001, he was appointed president – home & personal care (HPC), Latin America Business Group. He has also served as the chairman of Unilever’s Latin America Advisory Council. In 2004, he was appointed president and CEO of the HPC North America Business Group. In April 2005, Mr Manwani was elevated to the post of the president – Asia & Africa. Mr Manwani was appointed the global COO of Unilever in June 2011. He is a member of the compensation committee of the company.

Professional affiliations: As a noted corporate leader and business entrepreneur, Harish Manwani is and has been on the boards of various companies. He has been a director of Whirlpool Corp since August 15, 2011, and serves as a director of Kimberly Clark Lever Ltd. Mr Manwani served as a member of the supervisory board of ING Verzekeringen NV and ING Bank NV. He served as a member of the supervisory board at ING Groep NV from 2008 to April 2010. Mr Manwni was a member of the board of governors at the Advertising Standards Council of India and a member of the executive council of the Indian Society of Advertisers. In 2008, he received the CNBC Asia’s ‘Business Leader of the Year’ award.

Beliefs: A proclaimed workaholic, Mr Harish Manwani always believes in two things – first, leadership is all about having the right people around and respecting them. That’s why the attrition rate in HUL’s management positions is just six per cent compared with 10-12 per cent in the industry. Secondly, he strongly believes “there will be rivals who are always doing something smart, but all of us at Unilever know we will have to keep doing things smarter. That’s what we are paid for”. Somebody is free to describe it as a quotable quote, but for the Unilever global COO, it is the mantra that he has been following throughout his professional life.

SALT LAKE CITY (AP) — Nutritional supplement maker USANA Health Sciences Inc. said Friday it reorganized its management as its chief operating officer resigned and its chief financial officer will take a smaller role because of family health concerns.

Its stock tumbled more than 10 percent.

USANA said Roy Truett has resigned as COO, and said Chief Production Officer Jim Brown will be in charge of its operations. Truett had worked for the company since April 2003. A company statement announcing the move did not provide a reason for Truett’s departure.

The company said Chief Financial Officer Doug Hekking is taking a more limited position so he can attend to family health matters, and said Paul Jones will become its interim CFO. Jones is in charge of human resources for USANA and has worked for the company since 2005. The company also named Rick Stambaugh as its chief information officer.

Truett and Hekking both took their former positions in May 2011 as part of an earlier management shake-up. At the time, USANA said President and COO Fred Cooper, CFO Jeffrey Tayes, and sales head Mark Wilson had all stepped down.

Shares of USANA Health Sciences lost $4.42 to $37.45 in afternoon trading.

Rémy Cointreau chief financial officer Frederic Pflanz has been given the additional title of chief operating officer, a move that analysts see as a first step toward Pflanz succeeding Jean-Marie Laborde as the company’s CEO in the near future. The 64-year-old Laborde was named Rémy’s CEO in 2004 and was reappointed for a three-year term in 2010 that expires in July 2013. Pflanz, 44, has been Rémy’s CFO since 2010 and will retain that post along with his new COO duties. Prior to joining Rémy, he was finance director at the consumer products unit of cosmetics giant L’Oreal.

Rung named as Shaw Media COO

John Rung, senior vice president of Shaw Media and publisher of the Northwest Herald, has been named Shaw’s Chief Operating Officer. The move is effective Jan. 1. In making the announcement, Tom Shaw, president and CEO of Shaw Media, said that Rung continues to distinguish himself as a capable leader of a growing and complex organization. “Our solid performances in these difficult times, and the recent acquisition of the 22 Suburban Life Media publications, have been…

CapWealth Advisors, a Franklin investment advisory firm, has named a new president and chief operating officer.

The nod goes to Phoebe Venable, who joined the company in March 2011.

The following are excerpts from today’s announcement:

“I’m excited to name Phoebe to this leadership position of our company,” Pagliara said. “She has quickly proven her managerial and investment skills and has worked tirelessly and effectively to help our clients succeed.”

Venable joined the organization in March of 2011 as managing principal, working alongside Tim Pagliara and a staff of twelve professionals that has been steadily building a growing number of wealth management clients throughout the region.