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HVAC groups to merge

Two years from now, Stephen Yurek, CEO of the Air Conditioning and Refrigeration Institute, is poised to become the next leader of a super-sized trade group, with $20 million in revenue and a full-size lobbying force, representing air conditioning and heating manufacturers.

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Red Cross completes financial audit of ousted CEO

The American Red Cross concluded an investigation into the spending practices of ousted CEO Mark Everson and found no “misappropriation” of funds, said Carrie Martin, Red Cross spokeswoman. Everson resigned Nov. 27 after the board discovered he engaged in a personal relationship with a chapter executive. An internal group at the Red Cross began the financial investigation on Nov. 17.

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Replacing staff costs thousands of dollars

When an organization has to replace a staff member, the costs incurred are more than just the price of an employment ad. Even a typical severance payment doesn’t come close to the real cost of replacing staff.

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Retiring leaders may use experience, cachet on K street

Retiring Republicans may not find K Street as welcoming as in times past, but most will still find work lobbying their former colleagues. And officials who are true statesmen, with a record of working across the aisle, will fare the best, say recruiters, lobbyists and trade group leaders of the current crop of leaders leaving the Hill in 2008. Bipartisan hiring in lobbying firms and associations has become the rule of the day, since Democrats took control of Congress after the November 2006 elections.

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US Chamber promotes two senior execs

By Katherine Schaefer David Hirschmann, former executive vice president of the National Chamber Foundation, has been promoted to president and CEO of U.S. Chamber’s Global Intellectual Property Center and the Center for Capital Markets, effective Jan. 1, 2008. Arthur J. Rothkopf will absorb the foundation’s leadership role into his current position.

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Washington, DC charities contribute to the economy

Charitable nonprofits in the Washington, D.C. area contribute $9.6 billion annually toward the economy in taxes and wages, according to a report released earlier this month. The sector also employed 218,000 people in metropolitan Washington D.C., home to 4,082 local and 3,532 national and international nonprofit organizations.

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