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THE SENIOR MEN'S CLUB OF NEW CANAAN

Minutes of the Regular Meeting of 21 August 2001

President Lee Hindenach opened the meeting with 128 members present. Membership is 499, with one invitee, and 25 on the waiting list. After opening the meeting the members observed a moment of silence in respect of the victims of tragedy of Sept. 11, two of which were from New Canaan.

Announcements: Ken Degroot introduced new member Bill Lee. Dick Depatie announced that Howard Gray was recuperating at the "Homestead" in Stamford. Hart Evans is back and in attendance. Chet Hanson is alive and well in his new abode in North Carolina.

Joe Sweet announced that SMC members could make up for their stock market losses by sharing in a 44 million-dollar class action suit against Dupont for marketing discrepancies concerning the drug Coumadin.

Activities; Tennis continues until the nets come down, bowling set a record last week with no bowlers, racquetball made up for that with 4 players, bridge also carries on with a new incentive: Chairman Walt Hoffman has offered to give "refresher lessons" at 8:30 before the Friday meeting starts. 4-Fs next luncheon will not be at the New Canaan Country Club but will be at the Red Barn. Golf had its outing at the Redding Country Club, and Bob Moylan handed out awards to Bob Hunziker, and Jim Beall. Trail Blazers take off Sept 27 for Constitution Island and West Point, on Oct. 22 to Macedonia State Park, and on Nov. 14 to Sleeping Giant in Hamden. Jack Murray also announced that computer lessons would start again at the Lapham Center on 9/27 and 10/2. Courses will cover the Internet and will be three weeks long.

Couth; 10/3 is Mystic, 11/14 is the musical 42nd Street and the 21 Club, and 12/13 is Radio City followed by City Island. The Washington D.C. trip is on but now for security reasons those going will have to fill out information sheets.

Jester; Jim Schlumpf told a story about three blondes looking for police work and getting slightly mixed up with profile photography and contact lenses.

Speaker; VP Ron Seger introduced Chris Miller, Founder and CEO of 6FigureJobs.com, an Internet job search organization. He founded the company in 1998 and as the name suggests, it handles executives seeking employment in the $100,000 category and up. High priced executives formerly looked for positions through personal networking and executive recruiters, but that has now changed dramatically towards the Internet. On line recruiting is now a 7.5 billion-dollar industry and by the year 2005 will grow to 20 billion. When on line recruitment first started there were 50 thousand resumes in circulation, now that figure has jumped to 20 million resumes and 2 million jobs available. One main reason for the growth in this field is the lack of company and employee loyalty, causing high turnover. The average tenure in a job is now about 5 years, and for younger people, 2 to 3 years. Almost one half of the executives who have made their resumes available are actually working and quite happy in their positions, but still want to be recognized if something better in their fields of expertise shows up. These resumes generally stay on indefinitely until the executive himself takes it out of circulation. The grass is always greener on the other side.

Eric Musa, Secretary

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