Latest news with #Furman


USA Today
11-07-2025
- Sport
- USA Today
With phenomenal final round, Mark Burden wins Golfweek Super Senior National Championship
A week ago, playing casual golf with his son Owen, Mark Burden's game felt out of whack. 'I just played like a dog and I couldn't figure it out,' said Burden, 68, a financial adviser for Northwestern Mutual who lives in Atlanta. But the pendulum swings fast in this game. When Mark and Owen later went to the range to hit a few balls, Owen, who played college golf for Furman from 2018 to 2021, spotted something in a golf swing he knows better than maybe anyone. 'He said, 'Your swing is too short, make a full swing,'' Burden said. 'I made a full swing and I started hitting solid shots and that was it.' A few days later, Mark Burden teed it up at the Golfweek Super Senior National Championship at the Golf Club of Georgia in Alpharetta, roughly a half hour from his home. He spent 36 holes within sight of the lead and on Thursday, he had his breakthrough. Burden erased a three-shot deficit with a five-hole streak of birdies on his front nine, kept that momentum after the turn and won the tournament with a final-round 67. At 2 under for the week, he finished three shots ahead of Mark Benefield of Peachtree Corners, Georgia. Burden, who had written down the word 'focused' as a guiding principle for his day, rolled in a 35-footer on the par-4 fourth for his first birdie. 'You go from, 'Let's just kind of get that down there,' to, 'OK, that's a good sign,'' he said. He stuck his approach to 6 feet on the next hole and dropped that for birdie, too. At the par-3 sixth, he felt like he was between clubs, but he chose the lesser club, a 6-iron, and committed to an aggressive shot. That, Burden said, was a turning point: Choosing to commit to a shot rather than backing off and trying to feather something in. After birdies at Nos. 7 and 8, Burden parred No. 9, prompting his playing competitors to joke that they could talk to him again without fear of pulling him out of whatever reverie he might be in. Burden stayed in it, with the back nine unfolding similarly albeit with a few missed opportunities for birdie – including at No. 10 where he hit it to three-and-a-half feet but missed the birdie putt. As he made his way through his round, the first one in which he's broken his age, he thought of his family. In 2017, Owen posted an opening 64 out of the blue at the Bubba Conlee, a top national junior tournament Memphis, on his way to a tie for first. As his own birdies piled up, Burden later told his son, he reminisced on that round. Burden's wife Maura hangs on live scoring when her husband competes, and Burden knew she'd be going nuts. The couple's older son, Quinn, who ran track at the University of Georgia, was just pumped for his dad. A year ago at this event, Burden joked to Golfweek that he was merely an interloper on this senior circuit and that is at least partly true. Burden does not play a national senior schedule but does tee it up in Georgia State Golf Association events throughout the year. He played college golf at Duke and has qualified for three USGA events in a long love affair with the sport that began in his hometown of Clinton, Iowa. Friends of Burden's who played high-impact sports like basketball and football have long since left behind a feeling Burden relished as he made his way around the Golf Club of Georgia on Thursday. 'I just enjoy competing, I'm not trying to turn back the hands of time,' he said. 'I have this great opportunity to still compete.' The Golfweek Super Senior, Legends and Super Legends National Championship draws as strong a field of players 65 and older as any senior event on the calendar. Behind Burden and Benefield, Richard Kerper and Emile Vaughan tied for third at 2 over. Greg Goode, the top-ranked super senior in the Golfweek Senior National Amateur Rankings, led for much of the week but dropped to a tie for fifth after a closing 75. Robert Allen II of Johns Creek, Georgia, narrowly edged Robert Parmar of Ocala, Florida, in the Legend division. Allen was consistent with rounds of 75-74-74 and won his division at 7 over. Notably, Bev Hargraves, the 2024 Golfweek Legend Division Player of the Year, finished tied for sixth in the division but holed out at the par-3 sixth for a major highlight in his day. For Sam Robinson, winner of the Super Legend division by three shots, the final round at the Golf Club of Georgia provided an opportunity for three Virginia Tech golf team alumni to tee it up together. Robinson got to play the final round with fellow former Hokie golfers John Osborne (who finished second in the division) and Bill Engel. On Thursday afternoon, Robinson, 75, was more interested in touting that performance and long friendship than anything he did individually on the course this week. 'This is probably the best field that the super legends has fielded this year from top to bottom and the fact that you had three Virginia Tech Hokies in the final group was pretty outstanding.' Robinson's victory is his third in national senior competition this year. He won two Society of Seniors tournaments in the spring: the Jack Hesler in January and the Spring Classic in February. 'Each win has its own little trauma that goes along with it,' said Robinson, although there was little of that for Robinson over the past 36 holes. He made only one bogey and 17 pars in a second-round 73 and had six birdies and one bogey in a final-round 67. He missed only one green on Thursday and had 31 putts. 'I hit the ball really well all three days and the difference was just I got more comfortable with the greens each day,' Robinson said. Mostly, the experience factor came into play for Robinson in that the more he plays in events like this, the more he learns to play his own game. 'I've actually gotten to where if I'm playing good, I kind of do that and it helps,' he said. 'Doesn't necessarily help you win but it sure helps you stay calm out there and the fact that you know that you're not looking so far ahead that you get ahead of your skis.' For the first time this year, a senior invitational also took place. Greg Kennedy of Peachtree Corners, Georgia, defeated Todd Doss of Mandeville, Louisiana, on the second hole of a playoff after both finished 54 holes at 2 under.
Yahoo
26-06-2025
- Business
- Yahoo
CareerBuilder + Monster files for Chapter 11 bankruptcy
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. CareerBuilder + Monster on Tuesday filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, according to a press release. The company said it has entered into asset purchase agreements with three companies to sell parts of the business, each of which will act as 'stalking horse' buyers — companies that set starting bids — in the bankruptcy sale process. Jeff Furman, CEO of CareerBuilder + Monster, attributed the move to 'a challenging and uncertain macroeconomic environment.' Furman said the company 'ran a robust sale process and carefully evaluated all available options. We determined that initiating this court-supervised sale process is the best path toward maximizing the value of our businesses and preserving jobs." The filing comes almost exactly a year after Monster and CareerBuilder announced plans to merge. At the time, the companies said, 'As the world of work continues to evolve, this combination will allow both businesses to benefit from shared resources and solutions to deliver greater value and opportunities to both talent and employers.' The merger was finalized in September 2024 and gave Apollo, the owner of CareerBuilder, the controlling interest and Randstad, the owner of Monster, a minority interest in the joint venture. One analysis suggested the merger was an attempt to make gains in a job board market led by Indeed. CareerBuilder + Monster has $50 million to $100 million in assets and $100 million to $500 million in debts, according to court filings. The company said it is restructuring its U.S. businesses and 'conducting a comprehensive evaluation of the strategic alternatives available for certain of its international businesses.' 'As we work to complete the sale process, we are making difficult but necessary decisions to reduce costs and help ensure a seamless transition of our businesses. As a company in the business of people and talent management, reducing our workforce is always a painful step to take,' Furman said. As part of the sale process, CareerBuilder + Monster entered into asset purchase agreements with JobGet Inc. for the company's job board business; Valnet Inc. for Monster Media Properties, which includes and and Valsoft Corp. for Monster Government Services, a human capital management software services provider for state and federal governments. The sales are expected to close in the coming weeks, if granted court approval, the company said. CareerBuilder + Monster also is working to finalize up to $20 million in debtor-in-possession financing with Blue Torch Capital to allow the company to continue to operate throughout the bankruptcy process, according to the release. It also filed motions seeking court permission to continue to pay employee wages and benefits during bankruptcy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


The Hill
26-06-2025
- Business
- The Hill
Job finding websites CareerBuilder, Monster enter Chapter 11 bankruptcy
(WHTM) — The company behind the career-finding websites Monster and CareerBuilder announced it has initiated voluntary Chapter 11 bankruptcy in Delaware. CareerBuilder + Monster announced Tuesday it has 'initiated a court-supervised sale process to maximize value, preserve jobs and seamlessly transition ownership of its businesses.' 'For over 25 years, we have been a proud global leader in helping job seekers and companies connect and empower employment across the globe,' CEO Jeff Furman said. 'However, like many others in the industry, our business has been affected by a challenging and uncertain macroeconomic environment.' He added, 'In light of these conditions, we ran a robust sale process and carefully evaluated all available options. We determined that initiating this court-supervised sale process is the best path toward maximizing the value of our businesses and preserving jobs.' According to Forbes, was one of the internet's first job board websites when it launched in the 1990s. In 2002, the company expanded when it acquired competitor for a reported $800,000, and it entered the pop culture landscape with Super Bowl ads and a joke in The Office episode 'Two Weeks.' As part of the Chapter 11 process, the company will sell its job board business to JobGet Inc. and sell its other web properties, the military-information site and the scholarship-finding site to Valnet Inc. Monster Government Services, which provides software services to government entities, will also be sold to Valsoft Corporation. The company says it is in the process of finalizing an agreement for up to $20 million in debtor-in-possession financing 'to continue to operate the business for purposes of effectuating the sales.' Furman also indicated a reduction in workforce as CareerBuilding + Monster embarks on the Chapter 11 process. 'I greatly appreciate our people, their contributions to CareerBuilder + Monster and the commitment and passion they have shown to our company, our clients and our colleagues,' said Furman. According to FOX Business, the company reported estimated assets as being between $50 million and $100 million, with estimated liabilities at $100 million to $500 million.


Indian Express
26-06-2025
- Business
- Indian Express
Once-dominant job sites Monster and CareerBuilder go bankrupt, announce major sell-off, here's what happened next
Monster and CareerBuilder, once dominant job search platforms of the dot-com era, have filed for bankruptcy, a report by CNN said on Tuesday. The two companies, which merged last year into Monster + CareerBuilder, announced they will sell parts of their businesses to multiple buyers through a court-supervised process. Jeff Furman, CEO of the merged company, said the business had been hit by 'a challenging and uncertain macroeconomic environment' and that 'initiating this court-supervised sale process is the best path toward maximizing the value of our businesses and preserving jobs.' Once industry leaders, with Monster famously advertising during the Super Bowl, both companies saw their relevance decline as newer competitors like Indeed, LinkedIn, and Glassdoor took over the job market. According to CNN, the companies' job boards are being sold to JobGet, a platform focused on gig and hourly workers. Monster Government Services will go to Canada-based Valsoft Corporation, while their media assets, including and are being acquired by Valnet, another Canadian firm. All sales are subject to court approval and competing offers. Furman added that the company is 'making difficult but necessary decisions to reduce costs and help ensure a seamless transition of our businesses,' including layoffs. Monster + CareerBuilder has secured $20 million in financing to continue operations during the bankruptcy proceedings. The companies merged last year, with Apollo Global Management acquiring a minority stake, the report from CNN said.
Yahoo
25-06-2025
- Business
- Yahoo
Monster and CareerBuilder, once popular with job seekers, file for bankruptcy
Monster and CareerBuilder, once two of the most popular websites for job seekers at the height of the dot-com era, have filed for bankruptcy. The two sites, which merged last year to become one entity named Monster + CareerBuilder, voluntary filed for Chapter 11 Tuesday, announcing that the company is selling various parts of its businesses to several buyers as part of a court-supervised process, a press release said. Monster and CareerBuilder were some of the biggest companies in the late 1990s and early 2000s, with the former brand so popular that it often bought Super Bowl commercials promoting its services. However, both have fallen out of favor for job hunters with the rise of competitors like Indeed, Glassdoor and Microsoft-owned LinkedIn in recent years. Jeff Furman, CEO of CareerBuilder + Monster, said in statement that its 'business has been affected by a challenging and uncertain macroeconomic environment' and determined that 'initiating this court-supervised sale process is the best path toward maximizing the value of our businesses and preserving jobs.' The most recognizable part of CareerBuilder and Monster — their job boards — is being sold to JobGet, a platform for gig and hourly workers searching for jobs. Monster Government Services, which provides software to state and federal governments, is being sold to Canadian-based Valsoft Corporation. Also, its media division — the two companies own and — is being sold to Canadian media company Valnet. All purchases require court approval, with the sales subject to higher offers. Furman said the company is 'making difficult but necessary decisions to reduce costs and help ensure a seamless transition of our businesses,' including layoffs. It has received $20 million in financing to keep operating during the bankruptcy process. Monster and CareerBuilder, once rivals, merged last year with private equity firm Apollo Global Management taking a minority stake in the company. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data