Divine loses two more managers |
Tribune Staff Writer September 19, 2000 |
Divine Interventures Inc. announced the resignations of two top executives Monday in the second round of management-level departures in six months at the struggling incubator. Departing are Scott Hartkopf, president, who joined Lisle-based Divine last year from a Steelcase Inc. subsidiary, and chief operating officer Lynn Wilson, a former Platinum International Inc. executive. A spokeswoman said they resigned for personal reasons. Neither could be reached late Monday. Both were recruited by Divine's founder, Andrew "Flip" Filipowski, who took the company public in July. Divine stock closed Monday at $6.50 a share, about 28 percent below its $9 initial offering price. Paul Humenansky, Filipowski's longtime No. 2 executive at Platinum -- the software company he built and sold before founding Divine -- was named Divine's president and chief operating officer. Filipowski's other longtime associate, Michael Cullinane, continues at Divine as chief financial officer, a post he also held at Platinum. Anton Simunovic, a dealmaker who joined Divine last year from GE Equity, was named chief investment officer. Divine's legal counsel, Larry S. Freedman, also recently resigned to pursue other interests. |