Something in the Water?

Companies everywhere seem to be catching CEO-switching fever

January 17, 2001 -- Maybe it can be blamed on the Florida Election Frenzy, since there's no way a nation can stay simultaneously glued to Fox News, CNN and a dozen news Web sites without absorbing some of the hoopla, but the B2B world seems to be taking a cue from the political world. As the nation gets set to observe the changing of the guard in Washington, with everything from the staid and solemn official ceremony to the Black Tie and Boots Texas-sized bash (featuring 3,500 pounds of barbecue and 800 pounds of peach cobbler, which is my kind of party) taking place in D.C. , the B2B world is experiencing more than a little guard-changing itself.

At direct material enabler MaterialNet, it's actually more of a shuffling than a wholesale changing. Cofounder Richard Chusid has been named president, Joseph Pecoraro has moved from senior vice president of business development to COO, and cofounder David Centner has been appointed chairman and CSO. Cofounder Rob Heller will continue as CFO.

In other moves, Atlas Commerce has named Robert F. Bernstock CEO. Bernstock moved to Atlas from crunchy pickle producer Vlasic Foods International, where he was director, president and chief executive officer.

And rounding out the C-level shuffling, consulting firm iXL has named Christopher M. Formant as its president and CEO, effective February 1, 2001. iXL founder and current chairman and CEO U. Bertram Ellis Jr. will remain the chairman of the board of iXL and will continue to focus on business development efforts for the company.