HAX signs lease for Newark headquarters
The hard tech accelerator from Princeton-based venture capital firm SOSV, which announced it would set up shop in the city last year, will reside in a 35,000-square-foot-space. The program is expected to create 2,500 high-paying jobs in addition to attracting millions in new capital.
Jersey City’s BlockFi tops 2022 Inc. 5000
The crypto services provider didn't just rank first place in the Garden State, it was No. 1 overall, growing by 245,616% over the past three years.
B2C2 adds former Bank of America exec as head of U.S. sales
Zeke Vince will be responsible for building the U.S. sales team and growing the client base.
Cenlar adds four to default management team
Adam Saab, Adam Wood, Jason Schmidt and Jessica Sharp bring nearly 75 years of combined experience to the Ewing-based mortgage loan subservicer and federally chartered wholesale bank.
Bank of America selects 5 from NJ for paid internship opportunity
These high school Student Leaders take part in an eight-week program, working with Boys & Girls Clubs in New Jersey. The program allows participants to gain employment and leadership skills, in addition to developing their civic engagement.
First National Bank of Elmer CFO/COO Swift to retire
Matthew Swift joined the South Jersey financial institution in 2018.
Crum & Forster creates chief risk officer role, promotes Cook
Nick Cook, who previously held the same title in the Morristown-based insurance company’s Surplus & Specialty division, will lead claim audit and claim litigation management while continuing to oversee catastrophe modeling and the ceded reinsurance function.
The Money Store changes up leadership team
Jeff Carter joins the Florham Park-based direct mortgage lender as chief operating officer. Peter Alvarez, who currently holds that title, has been named chief lending officer.
Republic First Bank: Madonna named interim CEO, Hill resigns from board
Harry Madonna's return to the chief executive role at the financial institution coincides with the resignation of Vernon Hill as chair of its board, seemingly marking the end of a tumultuous proxy war and the start of a new chapter for the company.
Cenlar announces successors to retiring leader
Longtime executive Greg Tornquist – who is leaving his posts as chairman of the board, president and CEO – served the Ewing-based financial institution for 35 years and was instrumental in building the company’s mortgage subservicing platform.
45 NJ startups receive nearly $4M in CSIT grants
The awards will go to 45 organizations across the Garden State to help accelerate their research and development into commercially viable products and services.
Murphy OKs higher auto insurance coverage requirements
Proponents of the law argue that it will protect accident victims and taxpayers; opponents counter that it will raise rates unnecessarily for drivers who cannot afford the increase.