A brief statement released by the Frazer-based biotechnology company did not disclose a cause of death.
Baldino had been on medical leave since late August, and the company had recently said that he would not return to his duties in 2010.
It’s quite possible that Philadelphia has entered the era of the She-E-O.
When Campbell Soup Co. tapped Denise M. Morrison Tuesday to be its chief operating officer and likely next chief executive officer, it meant that three of the 10 biggest and best-known public companies based in the region will be headed by women as of next summer.
The others are Sunoco Inc., which hired Lynn Laverty Elsenhans as CEO in July 2008, and DuPont Co., which promoted Ellen Kullman to CEO in September 2008.
Pasta has been very, very good for the financial health of Philadelphia Macaroni Co.
So good that Campbell Soup Co., a longtime customer, said it agreed to sell an Ohio pasta factory to the family-owned Philadelphia Macaroni.
Terms of the transaction, which is expected to close in mid-July, were not disclosed.
CardioNet Inc., a Conshohocken heart monitoring company, is getting its third CEO in three years.
On Tuesday, the company named Joseph H. Capper president and chief executive officer, effective immediately.
He succeeds Randy H. Thurman, who'd been president and CEO since February 2009. Thurman will remain chairman of the board.
In a message e-mailed Wednesday, Bendis said that CEO Kelly Lee "departed IP as of April 16th to pursue otehr interests."
The board of directors of the group is re-evaluating the future direction of an organization that Bendis formed during the Street administration. Bendis has been a member of the board throughout its history.
Someone scrawled some telling graffiti on a wall across the street from Patterson Palace, an eatery owned by Bruce Patterson, his siblings, and parents:
“The older ya get, the more ya regret.”
What does Patterson regret?
That he spent so much time and aggravation chasing an ambition that led mostly to debt and hassle — so much so, he said, that he almost forgot his humanity.
Sunlight streamed onto the huge empty factory floor in North Philadelphia Thursday.
The Easter bunny already has come and gone at S.Zitner Co., the candy company on 17th Street just south of Allegheny Avenue. That’s why the mixers that produce the butter and coconut-cream centers to the company’s signature Butter Krak coconut cream and peanut butter eggs were clean and empty.
Gone were the long marble tables where the fillings are cooled and hand-formed into the little log-shaped centers, later to be enrobed in chocolate. Most of the 45 or so extra workers have already been laid off.
Nothing like starting a strike on a beautiful day.
At Temple University Hospital Wednesday, nurses and technicians traded hugs and high-fives on the picket line, the seriousness of the situation taking a backseat, at least temporarily, to the sheer excitement of the moment.
In New Jersey, union leader Virginia Treacy remembers a similar day six years ago — the last time there was a hospital strike in the region.