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ARCHIVED  August 24, 1999

TEC starts new group in Northern Colorado

FORT COLLINS — An international organization of chief executive officers, TEC Worldwide Inc., will start a second group for Northern Colorado CEOs.

The first Northern Colorado TEC group began this spring. It consists of 12 members from Fort Collins, Loveland, Kersey and Cheyenne.

Before the founding of the first Northern Colorado group, CEOs who wanted access to the TEC experience had to drive to Denver, which has 10 TEC groups, for meetings.

Bill Hunter, local chairman of TEC, said the second group is a natural follow-up to having the first group up and running. TEC requires that no competitors or major suppliers be in the same group. This requirement necessarily limits the size per group.

Hunter said the noncompeting-company rule will limit interaction between the two groups.

The second group will start meeting by mid-October and will consist eventually of 12 to 14 members. Hunter, who will chair both groups, said he hopes to have eight people in the second group by mid-October.

Hunter has begun to identify potential members. Applicants will undergo a screening process in which the value the potential member will derive from membership — as well as provide to the group — is determined.

Both groups target companies in Larimer and Weld counties and Southern Wyoming for membership. A company must have a minimum of $3 million in revenue and approximately 25 employees to be considered for membership. TEC, a privately held, for-profit company, charges a fee to join.

TEC provides a peer forum for CEOs from noncompeting companies to meet and share knowledge and experiences. The confidential forum provides a sounding board for members to discuss new ideas about different business strategies with other CEOs, who may have advice based on similar experiences.

The group meets once a month for a full day. Each member also meets with Hunter for a two-hour session once a month.

TEC Worldwide was founded in 1957 and is based in San Diego. It operates groups in about 70 cities across the United States and has members in Canada, Great Britain, Australia and Brazil. The approximately 5,500 members run companies that total more than $200 billion in annual revenue and employ more than one million people.

FORT COLLINS — An international organization of chief executive officers, TEC Worldwide Inc., will start a second group for Northern Colorado CEOs.

The first Northern Colorado TEC group began this spring. It consists of 12 members from Fort Collins, Loveland, Kersey and Cheyenne.

Before the founding of the first Northern Colorado group, CEOs who wanted access to the TEC experience had to drive to Denver, which has 10 TEC groups, for meetings.

Bill Hunter, local chairman of TEC, said the second group is a natural follow-up to having the first group up and running. TEC requires that no competitors or major suppliers be…

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