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around the region. If you have an item for these listings please: e-mail it to OnTheRecord@gp-biz.com Contracts Cutbacks, Closings Deals Divestitures Executive Promotions / Board Announcements James H. Jenkins has joined Stradley, Ronon, Stevens & Young L.L.P. as chief financial officer. Before joining the Philadelphia law firm, Jenkins was the chief financial officer of First Funds L.L.C., a specialty-finance company based in New York.
Comcast Spectacor L.P., Philadelphia, has named Russ Chandler executive vice president and chief financial officer. Chandler had been senior vice president of programming at Comcast Cable.
Hempstead & Co., a Haddonfield financial-consulting firm, said Charles Sapnas had been appointed a vice president of the firm. He heads the firm's life-sciences and technology-valuation practice.
Jeannette Trout has been promoted to vice president, operations at Razorfish Health, a Philadelphia unit of the marketing and media agency. Her previous title was director, operations.
Sovereign Bank said that John A. Allen had been hired as a senior vice president, senior retail district executive, based in Philadelphia. Allen previously was market president for Prince Georges/Eastern Maryland and director, vice president in branch distribution for Chevy Chase Bank.
Deana Calvelli has joined Buck Consultants, a Xerox company, as vice president of sales. She is based in the firm's Berwyn office. Calvelli had been sales director of large market/national accounts for Wachovia Retirement Services.
Montgomery County Community College said Thomas Freitag had been appointed vice president of administration and finance. Freitag had been chief financial officer and executive director of administration for the Graduate School of Education at the University of Pennsylvania.
PMA Cos. said Jack Aspen had been promoted to vice president of risk-control services at the Blue Bell risk-management services company. Aspen had been assistant vice president, risk-control services.
Citi Private Bank said Mark David Hasenauer had joined the company as senior vice president and private banker, based in Philadelphia. Hasenauer had been a vice president and private banker at Wells Fargo Private Bank in West Chester.
TD Bank N.A. has named James C. Williams the store manager of its store in Audubon, Montgomery County. He is an assistant vice president, responsible for new business development, consumer and business lending.
Avis Stewart Rueger has joined Citizens Bank as a vice president and senior business development officer in the Commercial Enterprise Banking division. Rueger has worked as a commercial lender for banks including First Fidelity Bank, Chemical Bank, and First Pennsylvania Bank.
Bruce E. Brooks & Associates, a Philadelphia mechanical and electrical engineering firm, has hired Dorothy J. Verdon as director of marketing and business development. She had been marketing leader with DLR Group, an architectural firm.
PMA Capital Corp., a Blue Bell workers' compensation insurance company, has promoted John M. Cochrane to chief financial officer. Cochrane had been interim chief financial officer since December and before that he was senior vice president of finance. Alex Miller was promoted to QVC Inc.'s vice president of eCommerce and eMarketing. Miller, who joined the West Chester retailer in 2001, most recently was director of eMarketing. PHH Mortgage Corp., Mount Laurel, has named William J. Steinmetz senior vice president for fulfillment operations. Steinmetz had been senior vice president of operations at Aurora Bank in St. Louis, where he managed retail-loan operations. James Hogan has joined New Century Bank, of Phoenixville, which operates as Customers USA Bank, as executive vice president and director of enterprise risk management. Hogan was chief financial officer at Sovereign Bancorp Inc. from April 2001 to April 2005. Wilmington Trust Corp. has hired Robert P. Gehring as vice president and head of its credit risk-management division. Gehring was most recently at Peninsula Bank in Englewood, Fla., where he was recruited to restructure credit policies and procedures. The Bank, a Mount Laurel subsidiary of Fulton Financial Corp., has named Kathleen E. Stucy as executive vice president and senior credit officer. Stucy was most recently senior vice president for operations and financial services at the New Jersey Economic Development Authority in Trenton. Catherine A. Milioti has joined Citizens Bank as a senior vice president and new-business sales manager in the commercial-enterprise-banking division. Milioti was a vice president and senior client manager at Bank of America Corp. Citizens Bank also hired Celeste O'Connor Clancy as a vice president in the commercial-enterprise-banking division. Before she spent several years raising her children, Clancy began working in 1983 for Philadelphia National Bank, and she became a vice president in London and Philadelphia before leaving what became CoreStates in 1995. Mark David Hasenauer has joined Citi Private Bank in Philadelphia as senior vice president and private banker from Wells Fargo Private Bank in West Chester, where he was a vice president and private banker. James J. Sullivan has been named vice president and financial adviser in Fulton Financial Advisors' Brokerage Department. Sullivan had been an assistant vice president and financial adviser at Merrill Lynch & Co. Inc. Daniel M. Carson has been hired by Urban Engineers Inc., Philadelphia, as cost-estimating practice leader. Carson previously was proprietor of his own firm, Daniel Carson Consulting Engineer, in Framingham, Mass., and president and senior project manager for DMC Engineering Inc. Board Announcements Robert S. Davis was elected to the board of directors of the Boys and Girls Clubs of Philadelphia. He is a member of the Real Estate Practice Group at Cozen O'Connor. The Walnut Street Theatre elected Brad Molotsky to its board of trustees. He is executive vice president, general counsel, and corporate secretary for Brandywine Realty Trust. The Eastern Montgomery County Chamber of Commerce named Kent Keith to its board. He is a financial adviser at Morgan Stanley Smith Barney, Blue Bell. The Greater Philadelphia Chapter of the National Association of Women Business Owners, a professional organization, has elected the following officers: Karen Higgins, president of A&E Communications Inc., is president. Shanley Rassler, co-owner of Rassler Financial Planning, is president-elect. Michele Schina, owner of TMS II L.L.C., is vice president. Mary Ann Robinson, owner of Transact, is secretary. Sandra Clitter, president of SLC Consulting, is treasurer. Patricia Q. Connolly, director of the Center for Corporate Governance at Drexel University's LeBow College of Business, has joined the board of the Forum of Executive Women, a professional Fort Washington organization.
Louis B. Kupperman was appointed by the commissioners of Chester County to the board of the Chester County Industrial Development Authority. He is a senior partner and member of the Litigation, Business and Finance, and Regulatory, Administrative and Gaming Departments at Obermayer, Rebmann, Maxwell & Hippel L.L.P., Philadelphia.
Philadelphia Development Partnership, a private nonprofit organization that provides microentrepreneurs in the Philadelphia region with support and tools, has named Krista Butvydas Bard, Ron Dutton, and Melinda Emerson to its board. Butvydas Bard is chief executive officer and president of AI Technology L.L.C. and a business consultant since 1985. Dutton is vice president and senior community development officer at Wachovia Corp., Philadelphia. Emerson is founder, president, and CEO of Quintessence Multimedia and was a client of the PDP.
Mayor Nutter has appointed the following to the board of the Philadelphia Authority for Industrial Development:
Thomas Queenan is associate vice president for treasury services at Temple University Health Systems, Philadelphia. Evelyn Smalls is president and chief executive officer of United Bank of Philadelphia. David Hyman is a managing partner at Kleinbard, Bell & Brecker, Philadelphia. Harold Yaffe is a practicing partner at the Dental Spa in Philadelphia. The Entrepreneurs Forum of Greater Philadelphia, an organization that helps entrepreneurs find the resources needed to get into business, has elected Richard Ott treasurer and David Neff board member. Ott is a chief financial officer of GFO CFO Group L.L.C. Neff is the owner of Philadelphia-based advertising and P.R. company Neff Associates. InfoLogix, Inc., a Hatboro provider of technology for business and clinical processes for health care and other sectors, has appointed Melvin L. Keating to its board. He will also serve as chairman of the audit committee. Keating was president and CEO of Alliance Semiconductor Corp. Robert Bonner was elected to the MBA Roundtable board, a graduate education think tank, dedicated to curricular innovation. He is associate dean for graduate and executive programs at the Villanova School of Business. PHH Corp., a Mount Laurel outsource provider of mortgage and vehicle fleet management services, has appointed Deborah M. Reif to its board. She most recently was CEO and president of the equipment services division of General Electric Co. The Wistar Institute, a Philadelphia independent nonprofit biomedical research institute founded in 1892, has named Gail Walker Hearn and Milton S. Schneider to its board of trustees. Walker Hearn is a biology professor at Drexel University in Philadelphia and founder and director of the Bioko Biodiversity Protection Program. Schneider, an investor and residential and commercial real estate developer, is the founder and principal of The Glenville Group, Lafayette Hill. World Class Greater Philadelphia, a program of the Economy League of Greater Philadelphia, has named Jane G. Pepper, Wendell E. Pritchett and Steven M. Altschuler cochairs. Pepper is retired president of the Pennsylvania Horticultural Society. Pritchett is chancellor of Rutgers University, Camden. Altschuler is president and CEO of Children's Hospital of Philadelphia. Stuart W. Davidson, a partner at the Philadelphia union-side labor and employment law firm Willig, Williams & Davidson, has been elected chairman of the board of the American Friends of the Yitzhak Rabin Center. Adelaine F. Williams has been elected president of the Independence Chapter of the Association of Legal Administrators, a professional association. She is chief operating officer of Kaplin Stewart, Blue Bell. The Greater Philadelphia Chapter of the National Association of Women Business Owners has elected the following officers: Page Miller, president of MultiPlanet Marketing Inc., is president. Karen Higgins, president of A&E Communications Inc., is president-elect. Shanley Rassler, co-owner of Rassler Financial Planning, is vice president. Mary Ann Robinson, owner of Transact, is secretary. Mary Duff, president of Duff Accounting Solutions L.L.C., is treasurer. Neil A. Stein has been named to the board of the Homebuilders Association of Bucks and Montgomery Counties, a trade association. He was also reappointed chairman of its Political Action Committee. Stein is a principal in the land use, zoning, and development group of Kaplin, Stewart, Meloff, Reiter & Stein P.C., Blue Bell.
SDIX, a publicly held Newark, Del., provider of biotechnology-based products and services for life science, biotechnology, diagnostic, and food-safety applications, has named Thomas Bologna and David Wurzer to its board. Bologna is president and chief executive officer and a member of the board at Orchid Cellmark Inc., Princeton. Wurzer is managing director of investments at Connecticut Innovations, the state's venture capital arm.
Corporation Service Co., a privately owned Wilmington service organization that provides corporate compliance and trustee and other services, has elected William A. Santora to its board. He is managing director of Santora CPA Group P.A., Wilmington.
RCM Technologies Inc., a Pennsauken provider of information technology, engineering consulting, and staffing services, has elected S. Gary Snodgrass and Richard D. Machon to its board. Snodgrass most recently was executive vice president of Exelon Corp. Machon is an independent consultant to major utilities and was senior vice president of operations at PSEG and nuclear chief operating officer at Ontario Power Generation Inc.
Albert Momjian has been elected president of the Philadelphia Consular Corps Association. He is chairman of the Family Law Department at Schnader, Harrison, Segal & Lewis L.L.P., Philadelphia.
IBio Inc., a Newark, Del., biopharmaceutical company, has appointed Maj. Gen. (Ret.) Philip K. Russell to its board. After his service in the U.S. Army Medical Corps from 1959 to 1990, he joined the faculty of Johns Hopkins University's School of Hygiene and Public Health.
Sunoco Logistics Partners L.P., a Philadelphia operator of oil pipelines and terminals, has elected Stacy L. Fox and William R. Silver to its board. Fox is senior vice president and general counsel of Sunoco Inc., Philadelphia. Silver is chief financial officer and business manager of Menlo School in Atherton, Calif.
The Samuel S. Fels Fund, a charitable foundation that makes grants to nonprofit organizations in Philadelphia, has elected the following officers and members to its board. Mindy M. Posoff, a self-employed senior financial services professional, is president. Valerie Clayton, director of the Camden Branch of Settlement Music School, is vice president. Beverly Coleman, director of the Urban Ventures Group, is treasurer. John H. Rice, founder of the Metropolitan Career Center, and Len Rieser, codirector of the Education Law Center, Philadelphia, were named to the board.
John R. Schimkaitis has been elected vice chairman of Chesapeake Utilities Corp., a Dover utility company. He is CEO of the company. Michael P. McMasters, president of the company, was appointed to the board.
Kenneth Davis has been named chairman of the Montgomery County Community Revitalization Program. He is managing director of Duane Morris Government Affairs L.L.C., Philadelphia.
Rick Bortnick and Scott Bailey have been named to the board of Need in Deed, a Philadelphia nonprofit educational organization. Bortnick is a lawyer in the Global Insurance Group at Cozen O'Connor, Philadelphia. Bailey is senior vice president and general manager of Comcast.net. Expansions Legal Mergers New Plants Real Estate Stocks, Financing - Insider Transactions Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Greater Philadelphia region. Titles are as reported to the SEC. Abington Bancorp Inc.Jane Margraff Kieser, director, sold 5,000 shares at $9.87 Aug. 24 and now directly holds 98,295 shares.
Ametek Inc.James R. Malone, director, sold 2,500 shares at $44.23 Sept. 1 and now directly holds 51,305 shares.
Auxilium Pharmaceuticals Inc.14159 Capital Gp. L.L.C., beneficial owner, bought 3,052 shares from $25.34 to $25.84 Aug. 26 and 27 and now indirectly holds 140,364 shares.Baker Brothers Life Sciences Capital Gp. L.L.C., beneficial owner, bought 110,547 shares from $25.34 to $25.84 Aug. 26 and 27 and now indirectly holds 4,784,880 shares.
Bryn Mawr Bank Corp.Geoffrey L. Halberstadt, officer, bought 267 shares at $16.50 Aug. 25 and now indirectly holds 267 shares.
Entercom Communications Corp.Joseph M. Field, board chairman, bought 228,500 shares from $5.11 to $5.85 Aug. 26 to Sept. 1 and now directly holds 2,108,170 shares.
GSI Commerce Inc.Michael G. Rubin, chief executive officer, sold 5,797 shares at $21.64 Aug. 24 and now directly holds 3,954,740 shares.
Kensey Nash Corp.Harold N. Chefitz, director, sold 5,000 shares at $25.35 Aug. 25 and now directly holds 18,833 shares.Evarts C. McCollister, director, sold 7,500 shares at $26.00 Aug. 27 and now directly holds 22,938 shares.
Liberty Property TrustDavid L. Lingerfelt, director, sold 1,055 shares at $30.97 Sept. 1 and now directly holds 42,328 shares.
Malvern Federal Bancorp Inc.Richard J. Fuchs, officer, bought 1,000 shares at $7.50 Aug. 30 and now directly holds 4,000 shares.
South Jersey Industries Inc.Michael J. Renna, officer, sold 420 shares at $47.01 Aug. 30 and now directly holds 24,065 shares.
Tasty Baking Co.James E. Nevels, director, bought 379 shares at $6.64 Aug. 27 and now directly holds 46,890 shares.David A. Vidovich, officer, sold 1,400 shares from $6.48 to $6.51 Aug. 25 to 31 and now directly holds 24,423 shares.
Triumph Group Inc.Joseph M. Silvestri, director, bought 1,000 shares at $66.55 Aug. 25 and now indirectly holds 31,900 shares.
Tyco Electronics Ltd.Frederic M. Poses, director, bought 40,000 shares at $25.49 Aug. 26 and now directly holds 321,610 shares.
UGI Corp.Lon R. Greenberg, chief executive officer, sold 30,000 shares at $28.10 Sept. 1 and now directly holds 406,305 shares.Bradley C. Hall, officer, sold 71,400 shares from $27.59 to $28.09 Aug. 31 and Sept. 1 and now directly holds 83,267 shares.
Univest Corp. of PennsylvaniaPaul H. Lewis, director, bought 500 shares at $15.90 Aug. 24 and now directly holds 6,849 shares.
Vist Financial Corp.Frank C. Milewski, director, bought 1,000 shares at $7.40 Aug. 27 and now directly holds 42,202 shares.
SOURCES: Thomson Financial; Securities and Exchange Commission filings. SOURCE: Thomson Financial Venture Capital Click Here for Today's Biz Briefs |