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Michael Alter, long-time president of SurePayroll, has taken a position as CEO of the Tie Bar, which designs, manufactures and markets low-cost men's neckties. Alter, who had been president of SurePayroll since November 2003, took the new job this month.
Alter was SVP of sales, business development and marketing with SurePayroll from January 2000 through October 2003. Alter was with SurePayroll, which markets Internet-based payroll services, when it was purchased for $115 million in cash by Paychex in February 2011.
Before joining SurePayroll, he was a senior engagement manager with McKinsey & Co. from 1994 through 2000.
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