Tapestry.Net Appoints Dave Drennan as President, Expands Business Model

Strategic Insights -

Tapestry.Net, Inc., a privately held recruitment services firm, has announced the appointment of Dave Drennan as president. The company, known for its unique business model offering employers free job postings, has expanded its operations to include offices in Tokyo, Hong Kong, and Singapore. Drennan, a seasoned executive with 15 years of experience at Seagate Technology, will lead Tapestry.Net as it continues to grow its online recruiting opportunities. "Dave's expertise in financial management has been instrumental to Tapestry.Net's rapid development," said CEO Dayle Bowen. "With the extraordinary growth we're seeing in online recruiting opportunities, we're very pleased to have Dave's leadership and experience heading up our management team."

Key Takeaways:

  • Dave Drennan, former executive vice president of Finance and Administration at Tapestry.Net, has been appointed as president of the company, effective immediately.
  • Drennan brings 15 years of experience from his previous role at Seagate Technology, where he was responsible for identifying and evaluating proposals for acquisitions, joint ventures, and investments.
  • Under Drennan's leadership as Vice President of Sales, Seagate's revenue base more than doubled from $200 million to $500 million, with significant growth in Japan business.
  • Tapestry.Net has expanded its operations to include offices in Tokyo, Hong Kong, and Singapore, and continues to grow its online recruiting opportunities.
  • The company's unique business model offers employers free job postings on its extensive Job Search Database, targeting passive and active job candidates.
  • Tapestry.Net's clients include IBM, AOL, PeopleSoft, and Rational Software, and the company has been founded in 1994.

Statistics:

  • Seagate's revenue base increased by 150% under Dave Drennan's leadership as Vice President of Sales, from $200 million to $500 million.
  • Drennan's tenure in sales also saw Japan business grow from $10 million to over $150 million.
  • Tapestry.Net has expanded its operations to include offices in three international locations, in addition to its headquarters in Scotts Valley, California.

Sources:

  • Business Wire, "Tapestry.Net, Inc. Appoints Dave Drennan as President"
  • Seagate Technology, "Dave Drennan's Bio"
  • Tapestry.Net, Inc., "About Us"
  • World Wide Web, "http://tapestry.net"