Timera, Inc.
Union Pacific Railroad (NYSE - UNP)
www.timera.com
Timera
is a wholly owned subsidiary of the Union Pacific Corporation (NYSE
- UNP) a $11 billion provider of rail and trucking transportation
services and owner of a broad array of technology assets that have
been traditionally focused on enhancing UP's core transportation businesses.
Retained
CEO Search (2000)
In June 2000, Union Pacific Corporation (UPN - NYSE) announced the
formation of FENIX, a new subsidiary formed to capitalize on UP's
extensive portfolio of technology assets (enterprise workforce management
software, global messaging exchanges, telecom/wireless rights-of-way,
etc.) for spin-off and eventual IPO to increase shareholder value.
They retained us to design and execute a CEO search strategy intended
to trigger the rationalization, packaging and liquidity event/IPO
of a wholly owned subsidiary located in Irving, Texas which at that
time was called PS Technology.
The company was renamed TIMERA, and is now 3-year-old technology company
with a 20-year legacy of technology deployment in the workforce management
domain sold across a variety of vertical markets which include the
transportation, retail and food industries.
We developed the executive profile, provided quantifiable compensation
metrics (cash, equity, etc.) which reflected current, unpublished
data in a number of software & eCommerce technology sectors including
both public & private companies, and rapidly built a comprehensive
database of companies from which to recruit comprising:
- Workforce
Management Software & Time & Attendance vendors (pure play)
- ERP vendors
with strong Workforce offerings
- eLogistics
/ Global Exchange eCommerce companies
We delivered several
key, domain-specific executives as candidates within a (2) two month
period, and our client hired the a key executive from the SABRE's
eCommerce division.
