McCurdy to Become CEO of GLM; Steel, Little, Withiam to Leave
November 2, 2011,
WHITE PLAINS, N.Y.-Charles McCurdy, CEO of GLM Holdings, the unit of Providence Equity Partners that acquired GLM in September, will become GLM's CEO at the operating level, the company said today. The current management team of Alan Steel, GLM's president, Jeff Little and Jack Withiam, senior vice president, will be leaving the company.
Steel, Little and Withiam will remain through a transition period of a length of time not specified. Doug Smith, formerly chief financial officer of Education Dynamics, will become GLM's chief financial officer.
Steel said, "Jeff, Jack and I are proud of the great company we have created in GLM. Now that we have successfully guided the company through the recession and managed the successful sale to Providence Equity, we are handing off the stewardship of the company to new leadership."