Chester County Briefly: November 6

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Gawthrop Greenwood

Gawthrop Greenwood has made the 2018 list of “Best Law Firms,” the leading survey of lawyers worldwide by U.S. News and Best Lawyers. This is the firm’s second consecutive year being recognized in Metropolitan Tier 2, Delaware, Trusts & Estates Law.

These rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys in their field, and review of additional information provided by law firms as part of the formal submission process.

Holly Zipperer

Holly Zipperer

Holly Zipperer, Director of Career and Community Engagement Services at Valley Forge Educational Services in Malvern, was named as a finalist for the 2017 Autism Connection of PA Temple Grandin Award for her efforts and commitment to children and adults in the autism community.

The award – named after the professor, bestselling author, and autism advocate, Temple Grandin – is presented to an individual who has helped people with autism maximize their potential in living, learning, and working in Pennsylvania.

“VFES is committed to helping adults, regardless of disability, pursue employment, earn a living wage in a career of their choosing, based on their talents, skills, and interests,” said Zipperer. “Having a job is the foundation for one’s sense of purpose and identity, increasing quality of life, independence, and wellness.”

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Customers Bank

Customers Bank – which has branches in Phoenixville, Kimberton, Wayne, and Newtown Square – has reported net income to common shareholders of $4.1 million for the third quarter of 2017 compared to net income to common shareholders of $18.7 million for the third quarter of 2016, a decrease of $14.5 million, or 77.8 percent.

Fully diluted earnings per common share for Q3 2017 was $0.13 compared to $0.63 fully diluted earnings per common share for Q3 2016, a decrease of $0.50, or 79.4 percent. Average fully diluted shares for Q3 2017 were 32.5 million compared to average fully diluted shares for Q3 2016 of 29.7 million.

“While we believe Customers’ strategic decision to spin-off the BankMobile business should provide very significant benefits to our shareholders, there were some significant costs affecting our third quarter financial statements,” said Jay Sidhu, CEO and Chairman of Customers Bank. “We are disappointed about our financial results for Q3 2017, but believe Customers is very well positioned to cross the $10 billion mark again in 2018 and continue building above average shareholder value.”

Transportation Management Association of Chester County

Join TMACC this year for its Foundation for the Improvement of Transportation (FIT) 4th Annual Veterans Gift Drive. Since 2013, FIT has collected gifts for veterans in transition, patients of the Veterans Affairs Medical Center, and clients of the Veterans Multi-Service Center.

TMACC collects personal items and household gifts until December. These gifts are then delivered by its public transit service, Coatesville Link, to the VA Medical Center at the end of December.

Click here for gift suggestions or to check out the sponsorship opportunities that are available.

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Chester County Planning Commission

Members of the Planning Commission’s staff recently won a statewide award for their Commercial Landscapes series at the Pennsylvania Chapter of the American Planning Association’s annual conference, recently held in State College.

The Planning Excellence Award – Best Practice honored the work of Community Planner Jaime Jilozian, former Urban Planner Justin Smiley, and former Community Planner Sean O’Neill.

“The Commercial Landscapes series was undertaken in an effort to align previous county initiatives, including VISTA 2025 and Landscapes2 (now Landscapes3), with local land use planning and (re)development,” said Tredyffrin Township Planning/Zoning Coordinator Zach Barner. “The process allowed the project team to engage in meaningful discussions about the current state of our commercial spaces and what the future could hold for these properties if we take a proactive approach to placemaking.”

Ted Wentz III

Quadratec

Quadratec, an online Jeep aftermarket parts and accessories business in West Chester, has appointed Ted Wentz III as CEO. He replaces his father, Quadratec founder Ted Wentz Jr., who will remain active as chairman of the board and chief financial officer.

“Ted brings proven leadership experience, digital and print marketing prowess, product development acumen, and a collaborative and approachable style that will serve us well for the rapidly evolving challenges ahead,” said president John Stewart, who will continue in that role.
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