The Language Industry’s Biggest Hires in 2017
Who got hired, who stepped down, who moved over to the next challenge and why? Here's a roundup of senior appointments and career moves of top executives in the language services industry in 2017.
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Who got hired, who stepped down, who moved over to the next challenge and why? Here's a roundup of senior appointments and career moves of top executives in the language services industry in 2017.
When Slator stopped by in New York in mid-October 2017, nearly 80 senior executives were treated to presentations by some of the biggest names in the language industry.
At SlatorCon New York, leading language industry leaders gathered to discuss what’s driving this fast-growing space. Participants were treated to insightful and authentic presentations by Lionbridge’s Rory Cowan, TransPerfect’s Phil Shawe, Qordoba’s May Habib, NYU’s Kyunghyun Cho, as well as D&B’s Kevin Giblin and Frontenac’s Ron Kuehl.
Joining a stacked speaker line-up and representing the buyer-side, Dun & Bradstreet’s Chief Global Procurement Officer, Kevin Giblin, will discuss what language service providers need to know about today’s increasingly sophisticated procurement landscape.
Lionbridge founder Rory Cowan steps down as CEO, remains Chairman. Former Hire Right CEO and Thomson Reuters executive John Fennelly to take over as CEO. Cowan hints at accelerated M&A strategy as new private equity owners want to put their money to work.
It all started when two strategic buyers approached Lionbridge in late 2015 about a potential merger. In the year that followed, six financial investors joined the fray. As the process slowed in the fall of 2016, the board forced the hand of the remaining bidders.
The sale of Lionbridge and the battle for TransPerfect. The rise of neural machine translation and the death of a startup. The average translation rate in Germany and the United States. Here are Slator's most popular stories of 2016.
Lionbridge CEO Rory Cowan talks to Slator about how the USD 360m deal with private equity fund H.I.G Capital came about and how he plans to leverage the company’s balance sheet to play a very active role in industry consolidation.
Mixed quarter for Lionbridge, as new wins from clients in regulated industries, manufacturing, and government are offset by a decline in enterprise IT. CEO sees new opportunities in over-the-phone interpretation and crowdsourcing for NLP and speech.
With an activist hedge fund continuing to increase its stake in the company, Lionbridge decided organizing along functional lines hindered growth; reorganizes global workforce of 6,000 into nine strategic business units, each with its own General Manager.
Lionbridge posts flat sales for the first quarter 2016, citing weakness among its industrial clients. In marketing translation, it announces a USD 7m deal win, while latest acquisition Geotext lands a legal translation deal in Germany.
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