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Global Shares announces the appointment of Carine Schneider as Chief Executive Officer
West Cork, Ireland - Global Shares, Plc (Global Shares) announced today the appointment of Carine Schneider, as Chief Executive Officer effective 5th October 2006. Although Global Shares opened its corporate headquarters and administration center in West Cork, Ireland in July 2006, Ms. Schneider will be located in the Palo Alto Global Shares office. "We are growing rapidly, and there is no one in the industry more qualified to lead our company forward in the years ahead," said Maoiliosa O'Culachain, COO of Global Shares. “It's an addition that will do big things to spur our growth and leadership in the industry." New to the industry in 2006, Global Shares, a provider of global stock plan administration and consulting services, promises to bring a fresh, seamless, pro-active and regulatory compliant approach to global share plan administration. Global Shares officials cited Ms. Schneider's company management experience, recognized leadership qualities and extensive industry knowledge as critical assets for Global Shares to launch itself into the market with aspirations to change the way companies administer their global share schemes. "In our global economy and the increasing complexities to offering equity compensation to employees around the world, we feel the key to change the industry is through example, " said Maoiliosa. Prior to accepting the position at Global Shares, Ms. Schneider served as Director of GSPS Strategic Planning and Development at Citigroup and was a partner with PricewaterhouseCoopers in San Francisco. She is currently the Chair of the Global Equity Organization and the Chair of the Santa Clara University CEP Advisory Board. Ms. Schneider says, "I am very excited about the opportunities at Global Shares and working with the hand picked team of market leaders. Our industry needs a strong, independent provider of stock plan administration. I look forward to being part of an organization that will be proactive in addressing the ever increasing regulatory requirements through flexibility in administrative software. We will work hard to provide unparalleled service, seamless administration and quality to our clients. We will have a strong focus on hiring and retaining talented market leaders who possess enthusiasm, integrity, and loyalty and who have a passion and sense of urgency to do things right for our customers." For further information, please contact:
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