Agere Systems names Kelly CFO Featured

5:16am EDT November 2, 2005
Agere Systems named Peter Kelly chief financial officer. Kelly, who was previously the company’s executive vice president of global operations, replaces John W. Gamble Jr., who has accepted a position at another company.

Kelly joined Agere in 2000 as vice president of operations for the company’s Integrated Circuits division and was named head of Agere’s global operations in 2001. He has been instrumental in reinventing the company’s supply chain and manufacturing strategies. Previously, Kelly worked at Fujitsu-ICL Systems Inc., where he served as chief operating officer for a year and chief financial officer for three years.

Over his career, Kelly has been responsible for overseeing a wide range of financial activities in previous positions within Texas Instruments’ semiconductor division in the United Kingdom, France and Portugal. He also was head of finance for Sonae, a publicly traded conglomerate based in Portugal.

Kelly earned a bachelor’s degree in management from the University of Manchester Institute of Science and Technology and he is a fellow of the Chartered Institute of Management Accountants. He is also on the board of directors of Plexus Corp., where he is a member of the Audit Committee.

DEVON HEALTH SERVICES INC.
Devon Health Services Inc. named Charles J. Falcone president.

As one of the first full-time employees 11 years ago, Falcone was instrumental in the development of DHS. As executive vice president and chief operating officer for the last five years, he oversaw the development of several programs that helped the company’s clients save hundreds of millions of dollars on their annual health care expenditures. Under his leadership, DHS has experienced double-digit revenue and profitability growth over the past five years.

Falcone has a keen interest in finding and hiring local talent. Through its intern program, DHS has worked with many of the area’s top colleges and universities to make this possible. The “Devon Cares” program, the philanthropic arm of DHS, has contributed both people power and money to local and national charities. Falcone also has helped lead the committee for Best Nest Inc.’s annual “Wine and Jazz” fund-raiser, which generated nearly $100,000 last year. Best Nest assists Philadelphia-based families that are affected by AIDS.

“I am very proud of Charlie and his accomplishments,” says Dr. John Bennett, founder and CEO of Devon Health Services Inc. “His leadership and vision have helped Devon Health become a leader in our industry. His determination for success is contagious. He has been vital to our growth and progress.”

DUANE MORRIS
Nora Pomerantz joined the office of Duane Morris LLP. She works in the firm’s Estates and Asset Planning Group in its Philadelphia office.

Pomerantz advises clients in the areas of estate planning, trust and estate administration, charitable giving and closely held business matters. She has extensive experience in sophisticated estate, gift and generation-skipping transfer tax planning, as well as retirement benefits planning, and has worked with noncitizens to create effective estate plans under applicable international and United States tax laws.

She represents individuals, corporate fiduciaries and nonprofit organizations in a wide range of personal, tax and administrative matters, including advising charitable organizations in connection with their deferred-giving programs.

She is a member of BNA Tax Management’s Advisory Board on Estates, Gifts and Trusts and has been a regular contributor to BNA Tax Management’s Estates, Gifts and Trusts Journal. She is a member of the Executive Committee of the Probate & Trust Law Section of the Philadelphia Bar Association.

Before attending law school, Pomerantz worked in publishing in New York and Philadelphia, at Psychology Today, The American Lawyer and other publications.

GSI COMMERCE INC.
GSI Commerce Inc. named Robert Wuesthoff executive vice president of global operations. Wuesthoff heads the company’s fulfillment, customer care and business operations.

Wuesthoff has 23 years of experience managing call centers, mail service fulfillment operations, distribution centers and manufacturing operations for companies in the health care and consumer products industries. Prior to joining GSI Commerce, he had been senior vice president of customer operations for Medco Health Solutions since 1999. In this capacity, he was charged with overseeing the customer service, fulfillment and claims processing for the $35 billion prescription drug benefit management company.

Wuesthoff was responsible for approximately 3,500 Medco employees and the operations of six Medco-owned call centers, two outsourced call centers and two outsourced fulfillment and claims processing operations.

Prior to Medco, Wuesthoff worked for Johnson & Johnson Corp. from 1982 to 1991, where he managed business-to-business distribution centers in New Jersey, Illinois and California, 10 public warehouses and a business-to-business customer service unit. He earned an MBA from The Wharton School of the University of Pennsylvania and holds a bachelor’s degree in operations management from The Pennsylvania State University.