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While some believe that Adams kept campaigningt after his 2004election -- he's an odds-onh favorite to win the mayoral spot outrightt in this spring's primary -- Cogenh seems to be seeking more subtle But on a commission doggef by controversy and with two lame-duck board members, his influence coulsd be significant. For the 300 employees of , all eyes will be on Brucer Colemanin 2008. As the interimm CEO of the Portland Webanalyticxs firm, he's been charged with turning the company arounx -- and quickly.
His stint is expecterd to last only six tonine months, after whicy a permanent CEO will be nameds or the company will perhaps be put up for WebTrends owner Francisco Partners brought Coleman into the fold in Novembet after abruptly ousting CEO Greg Drew and three othetr top executives. The San Francisco-based private equitt firm bought the company in 2005for $94 million. Privately held WebTrends has annual revenueof $80 million, but has been losingg market share to rivals. Coleman is expectef to turn that around, a task he's quite familiar with. He's made a careere of being an interim CEO, workinh at 15 companies in the past 18 beforejoining WebTrends.
In his first weeks on the job, Colemanb cut 40 accounting andmarketing jobs. He'e also been meeting with WebTrends employees and delving intocompany It's part of his effort to refocud WebTrends on its products, marketzs and business processes. Nautilus Inc. Roberf Falcone could achieve more next year than any member ofthis year' list. Then again, he coulxd be the biggest bust. Nautilus shareholders voted Tuesdayy on a proposal to give control ofthe Vancouver-based fitness equipment company to the activist group .
Sherborne subsequentlh claimed victory, but Falcone said it's too close to If Sherborne wins, Falcone is out as CEO, even thoughu he'll retain a seat on the board. If shareholders ultimately side with Falcone will be faced with the daunting challenge of rebuilding Wall Street's faith in the struggling company. Nautilue shares traded for morethan $20 two year ago, but crashed in the wake of slow sales, fallingf to around $6 recently after the compan recorded a $13.4 million loss in the thirx quarter.
Falcone, who took the CEO job in has made several moves to improvethe company' performance, including laying off 9 percent of work force and cutting expenses by more than $10 millio annually. He's also implemented an inventory reduction plan that shouldpump $20 millio n into the company's coffer s and put the company's Pearl Izumi fitness apparel business on the Official results of the proxy vote won't be knownm for at least two weeks. Oregon's burgeoning green economy couldreach $2.
5 billion within the next 20 years, and the statr is in position to become a leader in clean First, the various projects in the works are going to need seriouas cash infusion to get off the Many will be clamoring for fundzs from Nancy Floyd. Floyd is founder and managingg director ofSan Francisco-base Nth Power, a VC firm that managew over $425 million and has invested in 45 energy companies sinc its founding in the mid-'90s. Nth Poweer was one of the earliest firms investing in the alternativeenergyy sector. Investor interest in clean energhy and other sustainability business spurred a new angelkinvestment group, the Oregon Sustainability Angels Network, and fund earliedr this year.
Floyd, alongv with Dave Chen, have alreadyy said they'll be involved with the as yet unnamed which they hope will growto $1 million to inves t in three companies, with some left over for follow-onh investments.
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