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Fri, February 6, 2009

Corporate Leaders Receive Ninth Annual Emerald Asset Management "E-3 Awards"


Published on 2009-02-06 06:19:26, Last Modified on 2009-02-06 06:20:16 - Market Wire
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PHILADELPHIA--([ BUSINESS WIRE ])--The Chief Executive Officers of PNC Financial Services Group, Inc. (NYSE:PNC) and Marvel Entertainment, Inc. (NYSE:MVL) are among four corporate executives named as the recipients of the ninth annual "E-3 Awards," presented by Emerald Asset Management at the Sixteenth Annual Emerald Groundhog Day Investment Forum. The Forum was held in Philadelphia on February 5, 2009.

Joseph Besecker, President of Emerald Asset Management, said, "We created this unique award to recognize leaders who epitomize the qualities that are inherent in the most successful business leaders – qualities that reflect an entrepreneurial spirit and a commitment to excellence," adding, "The award's name – E-3 – reflects these criteria: the Emerald Entrepreneurial and Excellence Award." Joseph Garner, Director of Research for Emerald, said, "These leaders have taken risks and fueled innovation. They have created jobs and built companies. They have bested their competitors and rewarded their employees and shareholders. They are leaders in every sense of the word."

Through an intensive multi-faceted process, Emerald's team of research analysts and portfolio managers identified corporate leaders who have demonstrated:

  • A creative "outside the box" approach to corporate achievement;
  • An entrepreneurial approach that maximizes human initiative;
  • A corporate culture that promotes personal and corporate excellence;
  • A demonstrated record of accomplishment: creating jobs, stimulating growth, and enhancing shareholder value; and
  • An ability to effectively identify and adapt cutting-edge technologies and processes.

The 2009 winners of the E-3 Award are:

Public Company Executive Award:

  • Isaac Perlmutter, Vice Chairman of the Board & CEO, Marvel Entertainment, Inc. (NYSE:MVL)

Warren "Pete" Musser Private Company Executive Award:

  • Carl Guarino, Chief Executive Officer, ICG Commerce

Public Company Science & Technology Company Executive Award:

  • Christoph H. Westphal, M.D., Ph.D., Chief Executive Officer, Sirtris Pharmaceuticals, Inc. [In June 2008, SIRT was acquired by GlaxoSmithKline PLC (NYSE:GSK) and now operates as an Independent Discovery Performance unit within GSK]

Green Company Executive Award:

  • James E. Rohr, Chief Executive Officer, PNC Financial Services Group, Inc. (NYSE:PNC)

Emerald Asset Management is a diversified investment services company that operates through its three subsidiary Advisors: Emerald Advisers, Inc., Emerald Mutual Fund Advisers Trust and Emerald Fixed Income Advisers, LLC. With over $1.5 billion in assets under management, Emerald Advisory Services offers a series of research-driven investment products through institutional separate accounts and sub-advising mutual funds, including the Forward Emerald Growth Fund (HSPGX) and the Forward Emerald Banking & Finance Fund (HSSAX) within the Forward Funds Group. Emerald is headquartered in Lancaster, Pennsylvania and operates satellite offices in King of Prussia and Pittsburgh, Pennsylvania and San Diego, California.

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