2/4/04: This week, Sprint reported that it will outsource almost 6,000 jobs to IBM in a cost-cutting measure. While this is a terrific effort to save jobs and improve the bottom line for both companies, it's not quite a boon for the US labor market. In reality, these 6,000 jobs are in the customer-service and information-technology areas. And you know what that means, don't you? These jobs will most likely go overseas. At this point, this story is getting beaten to death. However, as each corporation is taking important measures to ensure long-term prosperity and health, the short-term approach may actually do more harm than good. At some point, the exodus of well-paying jobs overseas will leave fewer people at home to buy these company's products and services.

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HORIZON REAL ESTATE ADVANTAGE LLC
(NEW YORK CITY) Theresa Odessa has been tapped as partner at Horizon, in which she will lead development and expansion of its sales team while maintaining her former sales responsibilities. Odessa has been at the firm for six years.

NAI STONELEIGH HUFF BROUS MCDOWELL
(DALLAS) Paul Stockard has been promoted to principal, in which he will continue to work mainly with law firms and insurance companies on their tenant representation needs. Stockard has been at the firm since 2000.

THE PROCACCIANTI GROUP
(PROVIDENCE , RI) The company has tapped Scot Hamilton as vice president, sales and marketing. Hamilton was most recently vice president for sales at Interstate Hotels & Resorts.

MURRAY HILL PROPERTIES
(NEW YORK CITY) Arnold Gamberg has become senior executive managing director at the company, leaving his own firm, Arnold Gamberg & Associates. In his new capacity, Gamberg will lead real estate consulting and brokerage services.

GRUBB & ELLIS
(ROSEMONT, IL) Randall A. Koch has joined the company as senior vice president. Koch will lead the company's sales efforts in the southern Cook County submarket. He was most recently first vice president of industrial properties at CB Richard Ellis.

LEHMAN BROTHERS

Senior Associate, Real Estate and Mortgage Control

(NEW YORK)

For more information, click here.

Successful candidate will perform monthly price verification and risk analysis of commercial real estate and mortgage whole loans, daily P&L calculation and verification, and aged inventory analysis. He or she must also oversee monthly accounting close, develop pricing models, reporting tools and procedures, and produce monthly exposure reports.

JOSEPH FREED & ASSOCIATES LLC

Development Manager

(ILLINOIS)

For more information, click here.

This position requires a team-oriented individual with strong project management skills, financial modeling capabilities and previous experience working on residential or mixed-use property developments. Ideally, this individual will also possess experience working on multiple developments from inception through construction and delivery.

EQUITY OFFICE

Vice Presdent – Leasing

(ILLINOIS)

For more information, click here.

In this role, the vice president for leasing will hold direct responsibility for effective marketing and leasing of all office properties within an assigned region. These tasks will be executed by all leasing personnel and, if necessary, third-party leasing agents or brokers. Achieving these goals may involve direct oversight over day-to-day leasing activities. This position also requires collaboration with the vice president of property management to develop and meet regional goals.

CIM GROUP

Project Director/Project Managers

(CALIFORNIA)

For more information, click here.

In these positions, the successful applicants must obtain project entitlements, conduct community project presentations, prepare and monitor project budgets and schedules, interact with financial analyst on the project's financial status, and select and direct project teams, including design and engineering. These personnel must also consider the project's adequacy and operational requirements, negotiate agency development agreements and prepare reports to owners and investors.

SELECTLEADERS

Chief Operating Officer

(VIRGINIA)

For more information, click here.

The successful applicant will maintain overall responsibility for operations and property management, including handling properties and staff, financial statements, property taxes, insurance, capital and operating expenditures, investor relations and information systems. In addition, he or she must possess a strong financial orientation and a firm grasp of accounting principles. Experience running multifamily properties is ideal.

To receive the weekly Executive Postings email, register for our free daily NewsBlast in the upper righthand corner of this page. To unsubscribe click here. To post executive news, email a photo (JPEG) and brief employee biography to our site manager. This section of the page is updated daily. To announce an opening please click on Post-A-Job. Past issues of this newsletter can be found here.

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