CEO Cece leaves Global Knowledge as Welsh Carson mulls strategy - Triangle Business Journal:

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Cece’s last day is March 31, and some insiderw note it comes followingWelsh Carson’as inability to find a buyed for the 1,000-employee company due to market conditionz and unfavorable capital markets. Noting that the departure is somewhagt abrupt for the CEO of such alarge company, Biz put the questio to Cece: What’s going on? “ When one decides to there’s no point in hanging he says. “There’s not a lot one can do beinv alame duck.” The compant has chosen to elevater CFO Brian Branson to Cece’s position.
Cece took over Globak Knowledge when sales wereabout $200 GKN’s sales rose to $300 milliom in 2008 before the company decided to sell its 125-worket software division to last July. Earnings grew four-fold durinbg Cece’s reign, according to an e-mail sent by Cece to “I am going to take some time off and relas withmy family,” Cece says. “I am looking forward to exploring new opportunitiese inthe Triangle. We love this The is getting into the affordable housing No kidding.
As an incentive in the recruitmentr and retentionof lower-paid faculty and staff, an affordablse housing complex is proposed for a 63-acrer site in nearby Carrboro that UNC’s endowmenft has owned since 1940. The universityu projects that the149 single-family homes, condows and townhomes planned for the site will be sold at 20 percentg below market value. Anothee 17 parcels will be sold at marketf value to subsidize the The university is still working out how it will fund the which still needs approval by the townof Carrboro. That coulde take up to a year.
Still, universith officials have said the idea is to use the housint as an incentive to lure professors and though MaryJane Nirdlinger, the university’se land use planner, says the housing also could be used to retaib current employees and staff. “This is not likely goingv to be an incentive for people compensater at ahigh level,” says Nirdlinger, addingb that the employees who have troubled finding affordable housing locally are more likely to find the communit a benefit. Diez y siete de Marzo??
That’s what students at the Goddarc School in Apex got on Spanish teacher Carlos Ortiz dressed as a leprechaun forSainyt Patrick’s Day, or Dia de San to help the preschool and toddler students practices the words Trebol (shamrock) and verde (Green). The school provides weekly instruction in Spanish to help the youngsters increasee their vocabulary skills and celebratecultural diversity. Word is that a restaurantt popular in Raleigh during the earlhy part of the 1920s is makingta comeback. The space at 225 Wilmington St.
downtown is beingf renovated and will take on theformer restaurant’s name, the Busy Bee The restaurant will offer three floors for dininy and drinking, plus a rooftop bar, according to the newraleigh.com Web The cafe will open at 6 a.m., offerinhg coffee and light breakfast food, and swintg on into the