RealTime IT News

HotJobs Forgotten, Monster Parent Moves On

Say this for Monster.com parent TMP Worldwide -- it doesn't dwell on failure.

Last week, just hours after eschewing a bidding war with Yahoo for job board HotJobs , TMP trumpeted a new, big-budget ad campaign. The package, highlighting Maynard, Mass., career site Monster, includes a Super Bowl spot.

And today, TMP, of New York, announced the hiring of former USA Networks executive Michael Sileck as CFO. He replaces Bart Catalane who resigned in November in a company-wide shakeup.

"His ability to manage the finances of USA Networks' multi-faceted media and commerce operations will translate nicely to handling TMP's numerous business channels," said Jim Treacy, TMP's president and COO.

Sileck, 41, joined USA in 1999 and was responsible for the company's finances and accounting. Under his leadership, the media company, whose properties include the USA TV network and Ticketmaster, enjoyed double-digit earnings growth (before taxes and other expenses).

Previously, he was vice president of finance at Sinclair Broadcast Group in Baltimore. There he was responsible for financial operations of a broadcasting group that included 60 TV stations and 50 radio stations He also held positions at River City Broadcasting in St. Louis, Mo., and Narragansett Television, in Providence, R.I.

Shares of TMPW were off 0.44, or 1 percent, to 44.03 Thursday afternoon. In the last 52 weeks, the issue has ranged from 25.21 to 68.734.