Riskon in the News


March 14, 2002
PRESS RELEASE

RISKON LAUNCHES TWO NEW DIVISIONS: BOARD LEVEL SEARCH / CORPORATE GOVERNANCE CONSULTING AND OPERATIONS BACK OFFICE SEARCH - Appoints Barton Hill to head up both divisions

Tenafly, New Jersey - March 14, 2002 ( Riskon, Inc., an international executive search and consulting firm specializing in the financial services and technology sectors, announced today that it has launched two new divisions: board level search / corporate governance consulting and operations back office search.  Heading up these new divisions is Barton Hill, who is recognized as a premier authority in the fields of securities processing operations, investor communications, and corporate governance.

“With President Bush's call to bring forth a new level of corporate governance and accounting standards, Riskon is drawing on its expertise in the financial services industry to offer clients a new level of services,” said Barry Honig, President of Riskon.  We are now positioned to staff Boards of Directors with individuals that have the ability to analyze and to oversee a corporation's intricate financial structures.  We will employ our unique screening process to evaluate board candidates and back office professionals to ensure that they have the hands on experience needed to discharge their fiduciary responsibilities in compliance with the new complex corporate governance and accounting disclosure requirements.”

Riskon further differentiates itself from other firms in that it focuses exclusively on executive search and consulting services.  As a result, there is no potential overlap between an audit division and a consulting practice.   The firm is comprised of four divisions: 1) technology search; 2) sales trading and portfolio management search; 3) operations and back office search; and 4) board level search and corporate governance consulting services.

Barton Hill has twenty years of experience in prime brokerage, custody and back office operations.  He also has a deep understanding of strategic planning, global business development, investor communications and global corporate governance.

“This expertise will be invaluable in addressing our clients' needs to be in compliance with new corporate governance regulations,” Honig said.  “We are looking forward to Mr. Hill's contributions to our firm.”

Prior to joining Riskon, Mr. Hill was the General Manager of a global business unit at ADP, where he directed the delivery of investor communications and global corporate governance services.  Mr. Hill's knowledge of the securities and international investor services arena, both from the bank and broker dealer perspectives, stems from the senior positions he held at Bankers Trust's Private Advisory Services unit, Citibank's North American Investor Services unit, and Shearson Lehman Brothers' Regional Institutional Sales Group.