November 3, 2013 |
KEVIN G. CLARK, who has been a senior adviser to Temple president Neil D. Theobald for the past year, was named vice president and director of athletics at the university, the school announced yesterday. Clark had been interim AD since May 3. He succeeds the retired Bill Bradshaw. Before arriving at Temple, Clark was senior associate athletic director at Indiana, where Theobald had been the chief financial officer. He served 11 years on Indiana's senior athletic staff. He was also in athletic adminstration at Saint Louis University from 1996 to 2001, and worked at the NCAA before that.
July 30, 2013
Marketing Systems Group , a Horsham provider of products, information, and services to the survey research community, has hired Trent D. Buskirk as vice president of statistics and methodology. He had been research director, advanced methods, at Nielsen Co. Diego Rincón has been hired by Philadelphia International Airport as deputy director of aviation, capital development. He had been assistant director of aviation for the City of Dallas at Dallas Love Field and director of development for the modernization of Chattrapati Shivaji International Airport in Mumbai.
July 26, 2013 |
As the Philadelphia School Reform Commission considers closing a charter school in Germantown, a School District auditor said Wednesday the school had been operating at a loss in each of the last four years. At a hearing on whether Imani Education Charter School should have its charter renewed, Mayer Krain said the district was especially troubled because the size of the school's losses had been increasing. He said Imani's annual financial statements showed the school's net assets went from $442,976 in 2009 to a deficit of $767,188 for the fiscal year that ended June 30, 2012.
July 4, 2013 |
The Archdiocese of Philadelphia on Wednesday reported a staggering $39.2 million loss for the year ended June 30, 2012, while disclosing unprecedented details about longterm financial deficits totaling $350 million. Even after stripping away millions in unusual expenses, including $11.9 million for legal and professional services related to the priest sex-abuse scandal and other issues, the archdiocese said its cash expenses 2012 still exceeded revenue by $17.4 million. "It's not so simple to say our problems are related to the sexual-abuse crisis," Timothy O'Shaughnessy, chief financial officer for the archdiocese, said.
July 2, 2013
In the Region Pepper Hamilton renews C.C. lease Brandywine Realty Trust , the Radnor-based office landlord, said it executed a long-term lease renewal with Pepper Hamilton L.L.P. on the law firm's 268,000 square feet of office space at Two Logan Square in Center City. The existing lease had been set to expire in 2015. Pepper Hamilton is one of Brandywine's three largest tenants. Among its many holdings, Brandywine owns three office buildings comprising 2.3 million square feet in the Logan Square area.
June 18, 2013
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 Philadelphia area. Titles are as reported to the SEC. AmerisourceBergen Corp. David W. Neu , officer, sold 42,187 shares at $52.93 to $52.98 on June 6, and now directly holds 39,382 shares. Aqua America Inc. Nicholas DeBenedictis , president, sold 99,176 shares at $30.37 to $30.69 June 4 to June 5, and now directly holds 809,751 shares.
June 4, 2013
Obermayer Rebmann Maxwell & Hippel L.L.P. partner Michael E. Bertin was appointed cochair of the legislative committee of the Family Law Section of the Pennsylvania Bar Association . Bertin is chair of the Family Law Section of the Philadelphia Bar Association. WSFS Financial Corp., Wilmington, parent company of WSFS Bank, elected Eleuthère I. du Pont and David G. Turner to its board. Du Pont is president of the Longwood Foundation, which supports charitable organizations; he had been senior vice president for operations and chief financial officer of Drugstore.com.