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Business Leaders A-E
George B. Abercrombie

President & CEO

Hoffmann-La Roche
340 Kingsland Street
Nutley, NJ 07110
Phone: (973) 235-5000
Named January 2001 by Roche Holding Ltd. as president and CEO of its North American Pharmaceuticals Operations, which include HOFFMANN-LA ROCHE Inc. in Nutley and Canadian affiliate Hoffmann-La Roche Ltd. in Mississauga, Ontario> Previously senior vice president of US commercial operations at GlaxoWellcome, also previously in management roles at MERCK> succeeded Patrick J. Zenner, who announced retirement in October 2000 after 31 years with company, last eight as president and CEO> Reports to William M. Burns, head of Roche’s global Pharmaceuticals Division> Holds bachelor’s degree in pharmacy from University of North Carolina at Chapel Hill and MBA from Harvard University> Boards  include Johns Hopkins School of Hygiene and Public Health Advisory Board.

 

Wallace R. Barr

President & CEO

Park Place Entertainment
Bally’s Atlantic City
Park Place and Boardwalk
Atlantic City, NJ 08401-6709

Phone: (609) 340-3600

 
Named as president and CEO of Las Vegas-based PARK PLACE ENTERTAINMENT on November 19, 2002 after serving as sole chief operating officer since July 2001> Park Place owns 27 casino gaming properties worldwide operating under Caesars, Bally's, Flamingo, Grand Casinos, Hilton and Paris brand names with 29,000 hotel rooms, holds three casino licenses in NJ for BALLY'S ATLANTIC CITY, CAESARS ATLANTIC CITY and ATLANTIC CITY HILTON, also received approval to consolidate former Claridge Casino Hotel into BALLY’S ATLANTIC CITY effective January 2003> Started career 1968 with ARTHUR ANDERSEN accounting and consulting firm, later accepted finance position at MGM Grand Hotel in Las Vegas, then moved to Lake Tahoe for executive position with newly re-opened Cal-Neva Lodge> Relocated to CAESARS ATLANTIC CITY in January 1979, initially as casino controller, and subsequently, as casino administrator, two years later joined Bally's Park Place Casino Resort (now BALLY'S ATLANTIC CITY) as corporate controller and treasurer and subsequently promoted to senior vice president> Following purchase of Bally’s by HILTON HOTELS CORPORATION,  promoted to executive vice president of Hilton Gaming Corporation Eastern Region> Upon creation of Park Place following its spin-off from Hilton in 1998, took over responsibility for all Park Place casinos in U.S. other than Nevada, and in early 2001 added supervision of Company’s international operations> Served as executive vice president, Eastern Region for Park Place Entertainment from December 1998 to January 2001, when named co-chief operating officer and president of company's Eastern Casino Group> Named 1999 Businessman of the Year by The Greater Atlantic City Chamber of Commerce and 1995 Atlantic City Executive of the Year by Casino Journal magazine> From November 1996 to January 2001, served as Chairman and President of CASINO ASSOCIATION OF NEW JERSEY> Boards include The Cancer Institute of NJ; Executive Advisory Council of RUTGERS UNIVERSITY, Camden School of Business; College of Business Advisory Council, California State Polytechnic University in San Luis Obispo, CA> Also founding president, Jacobs Family Terrace nonprofit corporation-Atlantic City's first casino-sponsored 72-unit home ownership housing development> Major fundraiser for Boys and Girls Club of Atlantic City, taken personal interest in development of its new $3 million facility> B.S. California State Polytechnic University in San Luis Obispo 1968.


Dennis M. Bone
State President-New Jersey
Verizon Communications
540 Broad Street
Newark, NJ 07101
Phone: (973) 649-9900
Named as NJ state president with overall responsibility for all corporate interests in NJ upon effective date July 3, 2000 of merger of Bell Atlantic and GTE Corp. to form VERIZON COMMUNICATIONS, succeeding William M. Freeman, named president of new company's Public Communications Group> Previously president of Bell Atlantic-West Virginia since 1995> Started Bell Atlantic career 1979 as outside plant engineer for NJ Bell, worked in operations, competitive assessment, rate planning and regulatory matters before being named vice president-external affairs for Bell Atlantic-NJ March 1, 1993 until election as president and CEO of Bell Atlantic-West Virginia August 1995> Chairman of Board of Trustees at the University of Charleston; director of One Valley Bankcorp, N.A.; immediate past president of West Virginia State Chamber of Commerce; vice chairman of West Virginia Roundtable; served as member of Governor's Science and Technology Advisory Council; chairman of board of directors of West Virginia High Technology Consortium Foundation> While previously in NJ, member of Leadership NJ and trustee of Independent College Fund of NJ> M.B.A. RUTGERS UNIVERSITY, M.S. Johns Hopkins University, B.A. West Virginia University Institute of Technology 1973.

Malcolm A. Borg
Chairman
North Jersey Media Group
150 River Street
Hackensack, NJ 07601-7162
Phone: (201) 646-4300
Fax: (201) 646-4310
Heads media company owning two daily newspapers, THE RECORD and HERALD NEWS; 28 weekly newspapers, and four monthly publications; as well as commercial printing plant producing USA Today, Investor's Business Daily, JERSEY JOURNAL, etc.> One of NJ's wealthiest individuals, previously ranked among 400 wealthiest in US in annual Forbes magazine survey> Active in several health, education, youth causes> Board member and past chairman, Palisades Interstate Park Commission, 1991 chairman, NJ PRESS ASSOCIATION> Known as ‘Mac’.

                                                                                                                                                           

 

Finn M. W. Caspersen
Chairman & CEO
Knickerbocker, LLC
100 Beneficial Center
Peapack, NJ 07977
Phone: (908) 719-6724
Fax: (908) 719-6725
 
Former CEO of Beneficial Corp. consumer finance firm from 1976 until 1998 sale to competitor  Household International, sale followed shareholder, analyst criticisms of lagging Beneficial earnings performance> Now heads investment management firm formed follwing sale of Beneficial stock, manages funds for family, other large investors>   Joined Beneficial legal staff 1972 after private law practice with Dewey, Ballantine, Bushby, Palmer & Wood in NYC> Past chair, American Financial Services Association and chair of its Government Affairs Committee; president, Coalition of Service Industries> Active in a variety of civic, charitable fundraising causes, chairs board of trustees of Peddie School (alumnus) and trustee, Cardigan Mountain School> Past trustee of both Brown University, Independent College Fund of NJ> Former board chair of nonprofit WATERLOO FOUNDATION OF THE ARTS, operator of Waterloo Village, nonprofit restored village and arts center in Sussex County, leading efforts to restructure finances and management, raise funds to maintain operation in face of potential bankruptcy> Former member, NJ Board of Higher Education> Board member, NJ CHAMBER OF COMMERCE> Father, O.W. Caspersen, also served as Beneficial CEO> Internationally prominent equestrian competitor, chairman of 1993 World Pair Driving Championship, chairman of  Gladstone Equestrian Association and  lifetime vice president of Royal Windsor Horse Show, three-time member of US Equestrian Four-in-Hand National Championship Team and first recipient of Combined-Driving Horseman of  Year Award in four-in-hand carriage events,  also president and chairman of US Equestrian Team which has training center in Peapack near former Beneficial headquarters> Close to former Governor and DREW UNIVERSITY president THOMAS H. KEAN (who served on Beneficial board) and former key Kean contributor, fundraiser; wife Barbara serves as a Drew trustee and earned Ph.D. in humanities at Drew 1990, and financial support recognized in naming of Caspersen School of Graduate Studies at Drew> One of NJ's leading political fundraisers, hosted highly-successful fundraiser for 1992 Clinton-Gore presidential campaign, also prominent supporter and fundraiser in 1993, 1997 CHRISTINE TODD WHITMAN gubernatorial campaigns, appointed by Governor Whitman 1998 as chair, Governor’s Committee on Preservation and Use of Ellis Island; 1995 as co-chair Prosperity NJ, public-private coalition seeking to promote NJ economic development, also named by Governor to chair committee supporting Administration’s plan to refinance debt of Transportation Trust Fund> J.D. Harvard Law School 1966, endowed Finn M.W. Caspersen professorship at Law School with $5 million gift from Household International upon Beneficial acquisition, also member of executive committee for $150-million Campaign for Harvard Law School; B.A. Brown University and trustee emeritus, Peddie School alumnus, graduate of class of 1959, joined Peddie Alumni Board 1968 and member of Board of Trustees 1970, serving as chairman since 1976, key factor in Peddie School fundraising success, including national record gifts from fellow Peddie alumnus, TV Guide founder Walter Annenberg> Also funded NJ COUNCIL FOR HUMANITIES Teacher Institute while Beneficial CEO, supports hundreds of NJ teachers for week of summer vacation study with leading scholars, received with wife Council’s 1999 Humanities Citizens Award.

 

Raymond G. Chambers
Chairman
Amelior Foundation
330 South Street
Morristown, NJ 07960
 
Co-founder with late William E. Simon of Wesray Capital Corp. specializing in corporate mergers and acquisitions, following early career as tax accountant at Price Waterhouse> Retired as chairman of Wesray 1990 to focus on philanthropic work through personal foundation, Amelior Foundation> Named August 1999 by The NonProfit Times newsletter as one of 50 most influential and powerful nonprofit leaders in US> Grew up in Newark, key private leader seeking to address City's problems, active in fundraising, supporting diverse nonprofit initiatives in education, economic development, including NJ PERFORMING ARTS CENTER; new downtown sports arena; commercial real estate developments> Named 1988 as founding chairman of nonprofit corporation formed to build NJ PERFORMING ARTS CENTER by Governor THOMAS H. KEAN, pledged to raise $33 million from private sector for Center’s development to match State government support> Led investment group 1998 which purchased NJ Nets NBA franchise inckuding LEWIS KATZ, STANLEY GALE, FINN WENTWORTH, later merged Nets with NY Yankees to form YankeesNets followed by summer 2000 purchase of  NJ Devils National Hockey League franchise, attempted to develop new downtown Newark arena for Nets, Devils, but sold interest in Nets 2004 to group headed by NY City developer Bruce Ratner intending to construct new arena complex in Brooklyn> 1990 hired Dr. Saul Cooperman, NJ Education Commissioner in Kean Administration, to administer READY Foundation, Newark urban education program funded by Amelior to test innovative reform measures; also recruited BARBARA BELL COLEMAN, then president of Boys and Girls Club of Newark, to be president of Amelior Foundation, and sponsor of New Newark Foundation, developer of Newark real estate> Current or prior affiliations include Chairman, Boys and Girls Club of Newark, chairman, NJ PERFORMING ARTS CENTER, WATERLOO FOUNDATION OF THE ARTS; chairman of executive committee, America's Promise; board member, Points of Light Foundation; Alliance for Youth (national youth support organization led by General Colin Powell); trustee, Enterprise Foundation; National Conference of Christians and Jews; COMMUNITY FOUNDATION OF NJ; NJ INSTITUTE OF TECHNOLOGY; RUTGERS UNIVERSITY> Corporate boards include King World Productions> Sponsors scholarship program for Newark high school graduates, low-income housing projects through personal foundation, recipient of 2003 Lenore and George W. Romney Citizen Volunteer Award from Points of Light Foundation & the National Network of Volunteer Centers, also recipient with Lewis Katz of 1999 Giant Steps Award presented by National Consortium for Academics and Sports for NJ Nets support of Newark youth projects; 1990 national award from United Way for youth work> B.A. RUTGERS UNIVERSITY.

 

Douglas Conant
President & CEO
Campbell Soup Co.
Campbell Place
Camden, NJ 08801
Phone: (856) 342-4800
Named January 2001 at age 49 as new CEO of CAMPBELL SOUP CO., succeeding interim CEO David W. Johnson, director and prior CEO 1990-97 who served as CEO since March 2000 resignation of prior CEO Dale Morison following continuing disappointing financial performance> Previously President since July 1995 of Nabisco Foods Company, snack and condiments division of Nabisco> During five-year tenure as President of Nabisco Foods, revitalized several core businesses, including Planters nuts and LifeSavers candy, also led several successful new product launches, including SnackWell's, LifeSavers Creme Savers and LifeSavers Ice Breakers> From 1992-1995 at Nabisco, served as President of Sales and Integrated Logistics, Senior Vice President, Marketing for The Nabisco Biscuit Company and Vice President/General Manager of Fleischmann's Company> Began career 1976 in marketing at General Mills, in 1986 to Kraft Foods as Vice President of Strategy for Kraft USA and Vice President of Marketing and Strategy for Kraft's Grocery Products Division> Holds B.A. from Northwestern University and M.B.A. from J.L. Kellogg School of Management at Northwestern.

 

John J. Degnan
Vice Chairman
The Chubb Corporation
15 Mountain View Road
Warren, NJ 07061
Phone: (908) 903-2110
 
Named Vice Chairman effective December 2002, previously President of THE CHUBB CORPORATION since September 1996, prior position as vice chairman and general counsel of principal Chubb insurance subsidiary, Chubb & Sons> Served as partner with Shanley & Fisher (now DRINKER, BIDDLE & SHANLEY) law firm prior to joining Chubb> 1981 Democratic gubernatorial primary candidate, finished fourth in primary won by JAMES FLORIO> Served as Attorney General of NJ 1978-81; Counsel to Governor BRENDAN T. BYRNE 1977-78; deputy and assistant Governor’s Counsel after joining Governor Byrne’s staff 1974, associate attorney with Clapp & Eisenberg law firm in Newark prior to joining Governor Byrne’s staff> Clerked for late NJ SUPREME COURT Justice John Francis  for two years following 1969 graduation from Harvard Law School> Chairman, NJ FUTURE; other boards include St. Benedict's Preparatory School, ST. PETER'S COLLEGE, NJ NETWORK Foundation, The Institute for Civil Justice, also a member,  editorial board, NJ LAW JOURNAL.

 

Laurence M. Downes
Chairman, President and CEO
New Jersey Resources Corporation
1415 Wyckoff Road
Wall, NJ 07719
Phone: (732) 938-1480
 
Named CEO of NJ RESOURCES CORP., parent of NJ NATURAL GAS CO., public utility September 1995> Named president and CEO of NJ Natural Gas Co. March 1995, first joined NJ Resources March 1985, named senior vice president and chief financial officer January 1990, executive vice president of NJ Natural Gas January 1994> Chairman, JERSEY SHORE PARTNERSHIP and GEORGIAN COURT COLLEGE; director, NJ UTILITIES ASSOCIATION; member, executive committee, Energy Master Plan for State of NJ; Financial Executives Institute; National Investor Relations Institute; M.B.A. 1981, B.A. 1979 Iona College.

 

 

Lewis Eisenberg
Co-Chairman
Granite Capital International Group
126 East 56th Street
New York, NY 10022
Phone: (212) 407-3400
 
Former partner and co-head of equity division at Goldman Sachs investment banking firm, now heads own financial consulting firm> Named 2002 as finance chair, Republican National Committee, announced decision not to seek 2002 US Senate nomination for seat held by Senator ROBERT TORRICELLI> Considered campaign for Republican US Senate nomination in 2000 for seat vacated by retiring Senator FRANK LAUTENBERG, announced October 1999 decision not to enter race> Also serves on board of directors ofGranum Communications, a national radio broadcasting company>Key fundraiser for Governor CHRISTINE TODD WHITMAN 1997, 1993 gubernatorial campaigns, appointed 1994 by Governor to board of PORT AUTHORITY OF NY & NJ, elected chair December 1995 following resignation of KATHLEEN DONOVAN, also chaired Whitman task force on privatization of State operations and programs, also member, Whitman transition, inaugural, economic master plan committees> Finance chair in NJ for US Senator Bob Dole's 1996 Presidential campaign; finance co-chairman for 1996 RICHARD ZIMMER US Senate campaign; served on NY Governor George Pataki’s transition team; vice chair, National Jewish Coalition, organization of Jewish Republicans> Active fundraiser in 2000 BOB FRANKS US Senate, 1988 Peter Dawkins US Senate campaigns, also fundraiser for JOSEPH KYRILLOS,  others> Founder and chairman, Committee for Responsible Government, political action committee supporting fiscally conservative positions, socially progressive candidates, also encourages participation by pro-choice Republicans, which Governor Whitman joined 1995 as a director> Former partner at Goldman Sachs investment banking firm, now heads own financial consulting firm.

 

Anne Evans Estabrook
President
Elberon Development Corporation
PO Box 677
Kenilworth, NJ 07033
Phone: (908) 272-7555
 
Owner of ELBERON DEVELOPMENT CO.,  family-owned real estate holding company which, together with affiliated companies, owns 39 buildings with approximately 2.5 million square feet of space, primarily in Union, Middlesex and Somerset counties, and president of David O. Evans, Inc., affiliated real estate management and construction company> Also elected May 1997 as board chairman of E’Town Corp., parent corporation of ELIZABETHTOWN WATER CO., previously served as a vice president of E’Town since 1985, also serves as chairman of Elizabethtown and other E’Town subsidiary, E’Town Properties, (E'Town and subsidiaries awaiting regulatory approval by year-end 2000 of sale of company to Thames Water PLC of United Kingdom)> 2000 Chairman-Elect,  NAIOP (National Association of Industrial and Office Properties), also previously served as NAIOP secretary and vice president and as chair-NAIOP-NJ; Board member, SUMMIT BANCORP and member of board executive committee> Served as treasurer and  director, NJ CHAMBER OF COMMERCE; director board member, NJ ECONOMIC DEVELOPMENT AUTHORITY; trustee, Governor’s Council for a Drug-Free Workplace; vice chair, lay trustees, Delbarton School; member, Archbishop’s Finance Council, Archdiocese of Newark; corporate advisory council, NJ SEEDS, privately funded, state-wide, nonprofit organization which supports programs to prepare economically disadvantaged students to attend private secondary schools> Serves on various boards for Catholic Church and received Humanitarian Award from National Conference of Christians and Jews> M.B.A. 1966, B.S. 1965 Cornell University, also serves as member of Cornell board of trustees, and on corporate advisory council for Johnson Graduate School of Management at Cornell.

 

John Eyler 
President and CEO
Toys "R" Us
461 From Road
Paramus, NJ 07652
Phone : (201) 262-7800
Fax: (201) 262-7606
 
Named president and CEO at age 52 of TOYS "R" US January 2000, followed series of problems for largest and formerly-fastest growing toy retailer, including resignation of prior CEO Robert Nakasone August 2000 after board criticism of declining earnings and stock performance; later failure to ship customer orders from new Internet site in time for Christmas 1999 delivery>   Previously CEO at FAO Schwarz toy store chain> Joined FAO Schwarz 1992 from Hartmarx in Chicago, served as CEO of its retail subsidiary> Prior position as chairman and CEO of MainStreet, division of FEDERATED DEPARTMENT STORES> Began retail career at May Department Stores Co., and named president and CEO of May Company's May D&F in Denver at age 32> Board member, Donna Karan International> B.A. University of Washington,  M.B.A. Harvard University School of Business> Resides in Rye, NY.

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