July 12, 2014 |
Four years after issuing a scathing report on charter schools that found conflicts of interest and questionable business practices, City Controller Alan Butkovitz said Thursday that several of the schools had made strides. He singled out the Harambee Institute of Science and Technology Charter School in West Philadelphia, which he lambasted earlier because a nonprofit that owned the school's building was operating a nightclub inside on weekends and its chief financial officer was collecting salaries from several charters.
April 13, 2014 |
John Hanson, the new chief executive of the Delaware River Port Authority, has been spending Friday afternoons far from his Camden corner office overlooking Philadelphia and the river. With a fluorescent green vest over his suit jacket, he has been at the crowded Eighth and Market station beneath Center City, herding passengers onto packed PATCO trains. "There's room in this car," he called on a recent Friday as he and other DRPA executives joined PATCO workers to ease crowding caused by a construction project on the Benjamin Franklin Bridge.
April 8, 2014
Big Brothers Big Sisters Southeastern Pa. hired Gregory Burton as vice president of marketing and communications. He had been vice president of strategic marketing at PHH Corp., Mount Laurel. AgustaWestland , a Finmeccanica company, promoted Michael Hotze to vice president, customer support and training, from director, customer support. Dave Gentile , former chief compliance officer for the Pennsylvania Turnpike Commission, has become president and chief executive officer of a private- investigation firm, Protocol Security Partners L.L.C.
April 2, 2014 |
Another Comcast Corp. executive parachuted Monday into Ed Snider's Comcast-Spectacor fiefdom in South Philly, as the venture that owns the Flyers and the Wells Fargo Center reorganizes its top management after the quick departure in December of Snider ally and partner Peter Luukko. Michael Sheehey was appointed to the newly created position of executive vice president for business development. He has been senior vice president with NBC Sports and worked for Comcast's cable division for almost two decades.
February 1, 2014
New Jersey's powers that be appear determined to promote the Delaware River Port Authority's chief financial officer to the agency's top job. Would that prove they don't give a flying five-dollar toll about the bridge and rail agency's rich history of fiscal recklessness? No, but only because that was settled when they made longtime chief executive John Matheussen a judge. Matheussen's breakneck ascension to the judiciary amid a federal investigation of his agency was a stark signal that Gov. Christie, state Senate President Stephen Sweeney, and their minions at the DRPA couldn't care less about the half-billion dollars the agency wasted on pet projects even as it raised tolls and fares and forgot to pay the guys who fix the escalators.
January 26, 2014 |
Anthony P. DiSilvestro will succeed B. Craig Owens as chief financial officer of Campbell Soup Co. in May, the Camden company said Friday. Owens, 59, who has been Campbell's CFO and chief administrative officer since 2008, plans to retire May 1. DiSilvestro, 55, has been a financial executive at Campbell since 1996, most recently as senior vice president of finance. He is also the top financial officer for Campbell North America, the company's largest division. In addition to soup, Campbell manufactures and sells Pepperidge Farm breads, cookies and crackers; V8 and Bolthouse Farm juices, and Plum Organics baby foods.
January 19, 2014 |
Top Amtrak officials collect salaries of $200,000 or more, according to records made public in response to Freedom of Information Act requests by The Inquirer. Amtrak, the taxpayer-subsidized national railroad, routinely refuses to divulge officials' salaries when it announces their hiring. Amtrak received about $1.3 billion in public money last year, including about $400 million for operating costs. These are the salaries of some officials hired in recent months, Amtrak disclosed in response to the newspaper's freedom-of-information requests: Gerald Sokol Jr., chief financial officer, $300,000.
January 17, 2014 |
John Hanson, the chief financial officer of the Delaware River Port Authority, was named Wednesday as interim chief executive of the DRPA to replace John Matheussen, who has been appointed a state Superior Court judge by Gov. Christie. Hanson also appears to have the inside track to get the job permanently, although DRPA board members said they would conduct a nationwide search. Hanson, 53, a certified public accountant from Cherry Hill, is a former DRPA board member and a former chairman of the Camden County Republican Party.
January 11, 2014 |
Erez Vigodman will succeed Jeremy Levin as the chief executive officer of Teva Pharmaceutical Industries Ltd. After reports of the move last week in Israel, where Teva is based, the drugmaker made the announcement Thursday morning before the stock market opened there. Teva hopes to somehow calm citizens and employees at home, while also satisfying Wall Street analysts concerned that disagreement at the top of the company would further delay planned changes meant to boost profits and share price.
December 7, 2013 |
The painful financial restructuring underway in the Archdiocese of Philadelphia made substantial progress in the year ended June 30, a report released Thursday showed. The central financial office of the archdiocese lost $4.9 million in fiscal 2013, down from $17.6 million the year before, not counting unusual income and expenses in both years. Including those unusual or one-time items, such as $11.9 million in legal and professional expenses in fiscal 2012 and $10.3 million from the sale of real estate in 2013, the improvement in results for the Office for Financial Services, was even more dramatic.