June 28, 2016
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. Comcast Corp. Kenneth J. Bacon , director, sold 2,500 shares at $62.82 on June 16, and now directly holds 14,100 shares. Dorman Products Inc. Michael Kealey , officer, sold 2,710 shares at $54.28 on June 15, and now directly holds 3,252 shares.
January 21, 2016 |
It's that time of the season - you know, the celebrity weight-loss season. There's Oprah Winfrey, repping Weight Watchers (she's not just a customer, she owns a 10 percent stake in the company), Kirstie Alley pushing Jenny Craig, and Marie Osmond for Nutrisystem, among others. A good friend of mine almost fell into their clutches, until I convinced her she shouldn't waste her time, money, and potentially even her health on some celeb-endorsed, Frankenfood-pushing, one-size-fits-all weight-loss scheme.
August 21, 2014 |
Hello there "This is never going to work," Danielle told herself, taking in Matt's collar-length hair and deep green eyes. They had e-met on Match.com two weeks earlier. A picture of Danielle dressed in a blue dragon Halloween costume caught Lancaster native Matt's attention; her refreshingly well-written profile led the Susquehanna International Group software engineer, who earned his degree in management science and information systems from Pennsylvania State University, to say hello.
May 29, 2014
TRY, TRY again! You've been there, right? Despite your good intentions, you keep falling off the exercise wagon and your diet plan, too. So, you think to yourself, well, maybe all I need is a jump-start, like some amazing gadget, magic elixir or some pills from the weight-loss fairy. That's what 45-year-old Philadelphia native Sandra (not her real name) thought. She claims that throughout the years she has tried every weight-loss gizmo, gadget and quick-fix scheme out there.
December 31, 2013 |
When Dawn M. Zier arrived at Nutrisystem Inc. as its new chief executive last year, she came with decades of executive-level experience in direct-to-consumer marketing, which is how the Fort Washington diet company sells most of its products. But Zier had another qualification, unmatched by any previous CEO of Nutrisystem. Then 47, she precisely matched the company's target customer - a woman in her 40s struggling to lose 40 pounds. Conversely, Nutrisystem, looking gaunt, desperately needed to fatten up. With 2012 revenue at $396.9 million, down from $776.7 million in 2007, its shares were trading at $7.23, a tenth of what they commanded in 2007.
June 5, 2013 |
Conshohocken-based TargetX Inc. has spun off a consulting division that works with colleges on campus visits by students and their families. The 15-year-old privately held company would not disclose financial details of the transaction, only that it would retain a minority stake in the former division, which is being renamed Render Experiences and will continue to operate in Atlanta. Jeff Kallay , who joined TargetX as its "experience evangelist" in 2006, will be the CEO of Render Experiences.
March 16, 2013 |
Old news: Companies have very few women on their boards of directors. Welcome news: Nutrisystem Inc. , of Fort Washington, and Pep Boys - Manny, Moe & Jack , of Philadelphia, both just added a woman to their male- dominated boards. Unusual twist: It's the same woman. Andrea M. Weiss was appointed to Nutrisystem's board on March 4. Eight days later, Pep Boys added Weiss, 57, to its board. For the last decade, Weiss has been president and CEO of an Orlando-based boutique consulting practice called Retail Consulting Inc. Her resumé includes stops at retailers such as Ann Taylor , delia's , Guess , Intimate Brands , and The Limited . So it would seem self-evident why consumer-oriented companies like Nutrisystem (selling meal plans)
March 2, 2013 |
In the business world, chief executive officers soak up all the attention, especially when change is in the air. The announcement of new CEOs for CubeSmart of Wayne and Endo Health Solutions Inc. of Malvern within the last week were significant for each company. Endo shares rose 8 percent the day it announced it had hired Rajiv De Silva from outside the drug company and investors anticipated big changes would be made. Meanwhile, CubeSmart shares slid 2 percent as the long-telegraphed transition to a successor chosen from inside its ranks seemed to signal that the self-storage company would stay the course.
January 28, 2013
For its new chief executive, the board of the weight-loss company Nutrisystem Inc. picked a veteran of the publishing industry. On the face of it, helping people diet would seem to have little in common with giving them something good to read each month. But as Dawn M. Zier explained, both Nutrisystem and her previous employer, Reader's Digest Association Inc., are, at their core, direct-marketing firms. They sell their goods directly to customers, spending large amounts on advertising and marketing not only to reach new customers but to keep and sell more products to existing ones.
November 6, 2012
IN THE REGION Leadership changes at Teva Teva Pharmaceuticals Industries Ltd. , said it is changing the leadership of its Americas unit, which is based in North Wales, Montgomery County. Bill Marth will step down immediately as president and chief executive of Teva Americas and retire at the end of 2013. Until then, he will serve as an adviser to Jeremy Levin, who since early 2012 has been CEO of the entire company. Allan Oberman will become president and CEO of Teva Americas Generics.