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Monday, June 30, 2008

Airgas, other local companies react to director's death

A former Bell Atlantic executive who served on the boards of several local companies died over the weekend.

Airgas Inc., Charming Shoppes Inc. and Triumph Group Inc. all issued press releases today expressing their sorrow over the unexpected death of William O. Albertini on June 28. He was 64.

Albertini, who'd been chief financial officer of Bell Atlantic from 1991 through 1997, had joined the board of Bensalem-based Charming Shoppes in 2003. He'd been a director at Triumph, a Wayne-based maker of aircraft components, since 1999.

Triumph president and CEO Richard C. Ill had this to say about Albertini:

The company has benefited significantly from his business and financial insights, probing questions and attention to detail, and he will be greatly missed. Our thoughts today are with his wife, Kate, and his family. To them we extend our deepest condolences.

Albertini joined the board of Airgas in 2003.

He was also a member of the board of BlackRock Inc., the New York asset management firm that has been mulling a possible move of operations to Philadelphia.
Posted by Mike Armstrong @ 2:28 PM  Permalink | 1 comment
Comments   
  • 0 like this / 0 don't   •   Posted 1:48 PM, 07/02/2008
    Hmmm...When my grandfather that cleaned houses for the rich on the Mail Line died, i don't remember headlines for him! Guess you have to have deep pockets around here!!!!
    — ThePuma


1 comments
About Mike Armstrong
Mike Armstrong, a business editor and writer for nearly two decades, is the Inquirer's business columnist and PhillyInc blog editor. Contact Mike via e-mail or at 215-854-2980
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