NJBIZ STAFF//August 9, 2005//
Date: April 5, 1999
Section: For The Record
Location:
Title: For The Record
Author:
Deck:
Story:
WHO”s NEWS
ADVERTISING
Jennifer Kline has been promoted to senior account executive for public relations at Morristown-based DKB and Partners. Formerly an account executive, Kline earned a bachelor”s degree in communications from Glassboro State College.
Rob Simek has joined The STAR Group in Cherry Hill as an account supervisor. Formerly promotions manager at the New Jersey State Aquarium, Simek earned a B.A. in communications from Rutgers University.
BANKING
Paul V. Stahlin has been promoted to comptroller and principal accounting officer at Princeton-based Summit Bancorp. A certified public accountant and graduate of Montclair State University, he was formerly a senior vice president.
Steven Fusco has been promoted to vice president at Saddle Brook-based Interchange Bank. Prior to this, he was the bank”s assistant financial officer. Fusco earned a B.S. in finance from Seton Hall University and an M.B.A. in MIS from St. Peter”s College.
Kelly A. Gengoult has been appointed assistant cashier and small business administration (SBA) credit officer at Phillipsburg National Bank in Phillipsburg. Prior to this, she was an assistant secretary and SBA commercial loan credit analyst at First Community Bank in Clinton. Gengoult earned a B.S. in management science and finance from Kean College.
CONSULTANCY
Pamela Donar has joined Shandor in Iselin as director of administration. Formerly a product analyst at Jefferson Insurance in Jersey City, Donar earned a B.S. in business administration from Bethune-Cookman College and an M.B.A. in international business from the University of Hartford in Paris, France.
Kate Simpson and Mukesh Mody have joined WS&B Consulting Group in Princeton as consultants. Simpson, who has joined the company as an applications consultant, earned a bachelor”s degree in marketing from the
Philadelphia College of Textiles & Science. Mody has joined the firm as a software consultant. He earned a bachelor”s degree in accounting from
Rider University and a certificate in computer networking from Aptech Institute.
EDUCATION
James Giffin has been named vice president of marketing at Lincoln Technical Institute and The Cittone Institute, both in West Orange. A graduate of the University of South Carolina, Giffin was formerly director of client development at Lippman Richmond Greene Advertising.
FINANCIAL SERVICES
Laura Amerman has been named director of marketing at Parkway Mortgage in Kenilworth. Prior to this, she worked as marketing manager and sales representative for Horizon Blue Cross/Blue Shield of New Jersey. Amerman earned a bachelor”s degree in anthropology from Drew University.
Thomas M. Romanowski and Thomas M. Sikora have been promoted as vice presidents at Lawrenceville-based TSBusiness Finance. Formerly a senior account executive at BankAmerica Business Credit, Romanowski graduated from Shippensburg University and earned an M.B.A. in finance from LaSalle
University. Sikora, who joined the company in 1996, graduated from Lehigh University.
HEALTH CARE
Carolyn M. Ballard has been named executive director of Virtua-West Jersey Hospital Camden. Formerly vice president of operations at St. Christopher”s Hospital for Children in Philadelphia, she earned a degree in nursing from the Albert Einstein Medical Center School of Nursing in Philadelphia. In addition, she earned a bachelor”s degree in health education from Glassboro State College and a master”s in public health from Columbia University.
MARKETING
John Bartram has been promoted to chief financial officer at Eatontown-based Lanmark Group. Prior to this, he was the company”s
operations manager and vice president of finance. Bartram earned a degree in accounting from Brookdale Community College in Lincroft and a degree in culinary arts from the Culinary Institute of America. Also, Scott Mahnken has joined the company as telemarketing director and sales manager. Mahnken, who formerly worked for Sears in Edison as telemarketing manager, studied business management from Bergen Community College.
Susan Sacco has joined B to B Promotions in South Plainfield as vice president of account sales. Formerly human resources manager for Nabisco Foods, Sacco earned a B.S. in business management and employee relations from Seton Hall University.
REAL ESTATE
Jason M. Stroger has joined NAI/James E. Hanson in Hackensack as a sales associate. Formerly vice president of construction for a real estate company, Stroger graduated from Boston University.
SOFTWARE
William K. Stack has been appointed president of the ERP/Client Server/e-commerce division of UII in Princeton. Formerly an employee of Oracle, Stack earned a B.S. from Monmouth University and did graduate studies at Seton Hall University.
TRANSPORTATION
Daniel W. Vertachnik has been appointed vice president of sales and marketing for National Freight in Vineland. A graduate of Duquesne University with a B.S. in business administration, Vertachnik formerly worked as vice president of sales and marketing for Dart Transit/Fleetline.
BANKRUPTCIES
Bankruptcy listings are obtained from federal courthouse records. To assure accuracy, no alterations are made in the material presented.
BERGEN
Artisan Showcase, Inc.
493-B Cedar Lane, Teaneck
Chapter 7, filed March 17
Case number: 99-33023
Rod Construction, Inc.
350 River Rd., North Arlington
Chapter 7, filed March 18
Case number: 99-33056
BURLINGTON
Bonnell Manufacturing Co., Inc.
3900 Church Rd., Mount Laurel
Chapter 7, filed March 9
Case number: 99-12151
ESSEX
M and M Personnel Management, Inc.
436 Doremeus Ave., Newark
Chapter 7, filed March 15
Case number: 99-32904
MIDDLESEX
Combine Dental Laboratory Technology, Inc.
1162 St. Georges Ave., Ste. 133, Avenel
Chapter 7, filed March 9
Case number: 99-52688
The Soklaski Service Group, Inc.
1022-H Hamilton St., Somerset
Chapter 7, filed March 12
Case number: 99-52929
MONMOUTH
A Plus Door & Home Improvements, Inc.
1017 Rt. 36, Union Beach
Chapter 7, filed March 19
Case number: 99-53166
MORRIS
American Cookery, Inc.
23 Washington St., Morristown
Chapter 7, filed March 17
Case number: 99-33024
INSIDER TRADING
Insider Trading reports on the stock transactions by officers, directors and major shareholders in New Jersey public companies, as well as other corporations doing business in this area. Securities & Exchange Commission rules require so-called company insiders to report transactions in their companies. The following was compiled from SEC filings by CDA/Investnet Inc.:
American Standard
Horst Hinrichs, director, disposed of by gift 153,000 shares of common at an unreported price on February 26 and now directly and indirectly holds 225,000 common.
Becton, Dickinson
Henry P. Becton, director, indirectly acquired by gift 1,500 shares of common at an unreported price on January 26 and now directly and
indirectly holds 335,787 common.
Burlington Coat Factory Warehouse
Andrew R. Milstein, director, disposed of by gift 740 shares of common at an unreported price on February 18 and now directly and indirectly holds 2,894,878 common.
Stephen E. Milstein, vice president, acquired by gift 740 shares of common at an unreported price on February 18 and now directly and indirectly holds 2,654,699 common.
Cytec Industries
Darryl D. Fry, director, disposed of by gift 7,600 shares of common at an unreported price from February 10 to 23 and now directly and indirectly holds 130,538 common.
IDT
Howard S. Jonas, director, disposed of by gift 2,500,100 shares of common at an unreported price from February 1 to 10 and now directly and indirectly holds 10,129,417 common.
Pulaski Savings Bank
Eugene J. Bogucki, director, disposed of by gift 2,000 shares of common at an unreported price on January 28 and now directly and indirectly holds 1,593 common.
REAL ESTATE CONTRACTS
The following is a representative listing of recent commercial real estate transactions. The information is provided to BUSINESS NEWS by brokers throughout the state of New Jersey.
Bergen
Delonghi America, a manufacturer of household appliances, has leased 12,500 square feet at Park 80 West in Saddle Brook. Team Resources
represented the tenant. Insignia/ESG represented the landlord, Brandywine Operating Partnership.
Foremost International, a warehouser of
prepackaged finished products, has leased 223,000 square feet at 385 Nordhoff Place in
Englewood. Team Resources represented both the tenant and the landlord, Odd Job Trading.
Essex
Dental Search, a dental information consumer
resource company, has purchased 12,390 square feet at 7 Spielman Road in Fairfield. Associated Realty represented the buyer. Team Resources represented the owner, Fairfield Associates.
University Health Plans, an insurance company, has leased 10,134 square feet at 60 Park Place in Newark. Newmark Partners represented the
owner, Blackacre Newark.
Hudson
Door Store/Furniture in Parts, a furniture retailer, has leased 59,000 square feet at 100 Enterprise Avenue in Secaucus. Team Resources
represented both the tenant and the landlord, Drogin Associates.
Middlesex
Eurolink Software has leased 1,725 square feet in Building 200 at 666 Plainsboro Road in
Plainsboro. Fox & Roach represented the tenant. E. L. Rachlin represented the owner, 666 LLC.
MERGERS AND ACQUISITIONS
The sources for these recent mergers and
acquisitions involving NJ firms are Securities
Data Company (973) 622-3100 and
Houlihan Lokey”s Mergerstat (800) 455-8871,
Web site: www.mergerstat.com
Date Announced: 3/22/99
Buyer: Paragon Computer Professional
City/State: Cranford, NJ
Seller: Menox Technologies
City/State: Woodbridge, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: World Fuel Services
City/State: Miami Springs, FL
Seller: Bunkerfuels Group of Companies
City/State: Cranbury, NJ
Price: $8.5 million
Percent Sought: 100
Date Announced: 3/22/99
Buyer: Ohmite Manufacturing
City/State: Skokie, IL
Seller: CT Gamble Industries
City/State: Delanco, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: RCM Technologies
City/State: Pennsauken, NJ
Seller: Computer Software Associates
City/State: Phoenix, AZ
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: Black/White & Associates
City/State: Not Available, CA
Seller: Concord Insurance Brokerage
City/State: Kinnelon, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: RCM Technologies
City/State: Pennsauken, NJ
Seller: Constellation Integration Services
City/State: Toronto, Canada
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: RCM Technologies
City/State: Pennsauken, NJ
Seller: Fulcrum Group
City/State: Toronto, Canada
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: RCM Technologies
City/State: Pennsauken, NJ
Seller: Mu-Signa Engineering
City/State: Toronto, Canada
Price: Not Available
Percent Sought: 100
Date Announced: 3/22/99
Buyer: First Data
City/State: Hackensack, NJ
Seller: Paymentech
Unit Sold: First USA
City/State: Dallas, TX
Price: $417.2 million
Percent Sought: 45
Date Announced: 3/23/99
Buyer: Lane Hospitality
City/State: Northbrook, IL
Seller: Prime Hospitality
Unit Sold: Houston/Greenpoint Amerisuites
and San Antonio/Airport Amerisuites
City/State: Fairfield, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/23/99
Buyer: Base Ten Systems
City/State: Trenton, NJ
Seller: Almedica Technology Group
City/State: Waldwick, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/23/99
Buyer: Charter Communications
City/State: Studio City, CA
Seller: Helicon Cable Communications
City/State: Englewood Cliffs, NJ
Price: $550 million
Percent Sought: 100
Date Announced: 3/23/99
Buyer: American Casinos International
City/State: Unknown
Seller: Infotex Holdings
City/State: Union, NJ
Price: $42.9 million
Percent Sought: Not Available
Date Announced: 3/24/99
Buyer: SICOR
City/State: Not Available, NJ
Seller: Eurosoft
City/State:North Palm Baech, FL
Price: Not Available
Percent Sought: 49
Date Announced: 3/24/99
Buyer: JH Cohn
City/State: Roseland, NJ
Seller: Arthur D. Levy
City/State: New York, New York
Price: Not Available
Percent Sought: 100
Date Announced: 3/24/99
Buyer: FinishMaster
City/State: Grand Rapids, MI
Seller: Monmouth Tool & Equipment
City/State: Point Pleasant, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/24/99
Buyer: Duke Energy Power Services
City/State: Not Available, NC
Seller: United American Energy
City/State: Woodcliffe Lake, NJ
Price: $25 million
Percent Sought: 25
Date Announced: 3/24/99
Buyer: Fox Paine
City/State: Foster City, CA
Seller: United American Energy
City/State: Woodcliffe Lake, NJ
Price: $75 million
Percent Sought: 44
Date Announced: 3/25/99
Buyer: Colonial Commercial
City/State: Valley Stream, NY
Seller: Universal Supply Group
City/State: Hawthorne, NJ
Price: $12 million
Percent Sought: 100
Date Announced: 3/26/99
Buyer: United Rentals
City/State: Greenwich, CT
Seller: City Equipment
City/State: Paterson, NJ
Price: Not Available
Percent Sought: 100
Date Announced: 3/26/99
Buyer: Data Systems & Software
City/State: Mahwah, NJ
Seller: Decision Systems Israel
City/State: Israel
Price: $2.4 million
Percent Sought: 24
Date Announced: 3/26/99
Buyer: Clearview Cinema Group
City/State: Chatham, NJ
Seller: Loews Cineplex
Unit Sold: Cinema, 62nd St.
City/State: New York, NY
Price: Not Available
Percent Sought: 100
Date Announced: 3/28/99
Buyer: Hubco
City/State: Mahwah, NJ
Seller: First International Bancorp
Unit Sold: Retail Branch
City/State: Hartford, CT
Price: Not Available
Percent Sought: 100