Crains New York - February 11, 2013 - (Page 8)

BUSINESS PEOPLE 36% of Occupy Wall Street protesters made over $100K a year, compared with 24% of NYers Source: City University of New York EXECUTIVE MOVES Numerix: Steven O’Hanlon, 54, was promoted to chief executive of the analytics solutions company. He was previously chief operating officer and will continue buck ennis HOLDING COURT: Jason Cahilly’s new job as CFO and vice president of strategy includes marketing the NBA to fans overseas. GOTHAM GIGS NBA sinks bank shot Ex-Goldman partner to take league to new heights ‘I feel I’m still young with a lot of energy’ The National Basketball Association’s most recent star acquisition is only 5 feet 9½ inches tall. He doesn’t have any flashy tattoos. And in high school he ran cross-country, not the full-court press. Jason Cahilly is mild-mannered, selfeffacing and, above all, discreet. He won’t even name his favorite basketball team, only that he rooted for Magic Johnson and Larry Bird as a kid growing up in central Pennsylvania. ¶ Fortunately for the NBA, Mr. Cahilly is a banker, not a baller. A key behind-the-scenes player as a Goldman Sachs partner in mega-deals like General Electric’s sale of NBC Universal to Comcast, Mr. Cahilly was hired last month as the league’s chief financial officer and vice president of strategy. His acumen will be tapped to help grow the league at a time when the business of basketball is as robust as ever. Many teams are thriving—perhaps most obviously the Nets, a perennially sluggish 8 | Crain’s New York Business | February 11, 2013 franchise animated by new ownership and a move to Brooklyn. According to Forbes, 22 of the NBA’s 30 teams are profitable, while 15 were in the red a year ago. ¶ Mr. Cahilly has ideas for how to sell basketball to even larger audiences overseas, but is loath to offer any details. “I do have a lot of viewpoints,” he said. “But it’s too early to draw conclusions.” ¶ Mr. Cahilly’s road to the NBA began last summer, when the 42-year-old found himself leaving Goldman Sachs earlier than he’d anticipated, a casualty of Wall Street’s crummy business conditions. Fortunately, his Rolodex was filled with the names of powerful CEOs whom he’d advised over his 12 years at Goldman, including NBA Commissioner David Stern and Adam Silver, who is to replace Mr. Stern next year. ¶ “I like big challenges, things that are complicated,” Mr. Cahilly said. “I feel I’m still young with a lot of energy.” —aaron elstein as president. TommY BoY: Rosie Lopez, 36, was promoted to president of the music company. She was previously vice president of marketing and international. Harlem Educational Activities Fund: Ruth Rathblott, 43, joined the nonprofit as chief executive. She was previously interim executive director and external-relations director at Literacy Partners. Beanstalk: Marc Schneider, 53, joined the brand licensing agency and consultancy as chief financial officer and chief operations officer. He was previously chief financial and administrative officer of global consumer products and international TV at Sesame Workshop. NBCUniversal: Bonnie Hammer, 62, was promoted to chairman, NBCUniversal cable entertainment group, at the media company. She was previously chairman, NBCUniversal cable entertainment and cable studios. News Corp.: Anoushka Healy, 40, was promoted to chief strategy officer. She was previously group managing editor of The Times and Sunday Times in London. William Lewis, 43, was promoted to chief creative officer. He was previously an executive member of the company’s management and standards committee. Thornton Tomasetti: Leigh Mires, 49, joined the engineering firm as chief learning officer. She was previously principal and owner of the Mires Collaborative. Carter Ledyard & Milburn: Jerome J. Caulfield, 63, was named co-chair of the law firm’s trusts and estates department. He will continue as partner. Michael I. Frankel, 65, was named co-chair of the trusts and estates department. He will continue as partner. The Jordan Edmiston Group Inc.: Daniel Avrutsky, 40, joined the investment bank as managing director and global head of technology. He was previously managing partner of Avrika Group, which he founded. Hearing Health Foundation: Chris Smith, 50, was named a member of the board at the nonprofit. He will continue as president at Cochlear Americas. Bronx Arts Ensemble: Rosemarie Traina-Moreno, 55, was named board member at the arts organization. She will continue her role as managing director at R.T. Moreno & Co.

Table of Contents for the Digital Edition of Crains New York - February 11, 2013

IN THE BOROUGHS
IN THE MARKETS
THE INSIDER
BUSINESS PEOPLE
CORPORATE LADDER
OPINION
GREG DAVID
REPORT: SMALL BUSINESS
THE LIST
CLASSIFIEDS
DIGITAL NY
FOR THE RECORD
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS

Crains New York - February 11, 2013