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Marvel’s New Finance Chief: Fantastic?

Plus, Jones Apparel finance executives upgrade images.
Lisa YoonJune 10, 2002

>> Kenneth P. West defending universe of Marvel Enterprises Inc. as executive VP and CFO of comic giant… In addition to overseeing finance and treasury, West will also be talking to Wall Street more than his predecessors… Company expanding investor relations program and developing strategies to enhance capital structure…

West joins Marvel from privately-owned McIntyre Staffing Solutions in Stamford, Conn., where he was COO and CFO… He previously spent 15 years at Ernst & Young LLP…

Marvel in process of heroic comeback… After going bankrupt in 1996, company has gained in market share, at 36 percent, edging out AOL-Time Warner owned DC Comics, which holds 23 percent… In ironic twist, company, to large extent, was rescued by its own superheroes… Company swung to profit in first quarter on rise in comic-book sales, thanks to X-Men and Spider-Man, subjects of summer blockbuster movies… More help on the way from The Hulk, coming to theaters next year…

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>> Wesley R. Card, chief operating and financial officer of Jones Apparel Group Inc. announced the appointment of Amanda Bokman to SVP and CFO of apparel licensor’s moderate-apparel division… Bokman will manage finance for all moderate businesses, including Norton McNaughton, Evan-Picone, Nine and Company, and Joneswear brands… Bokman joined Jones Apparel Group in June 2001 through the acquisition of McNaughton Apparel Group Inc. where she had been VP, CFO, secretary and treasurer since 1992… . …

Last Friday, company named Anita Britt executive VP of finance… Britt, who has been with the company since 1993, was SVP of finance and investor relations… She will continue to manage investor relations in her new position in addition to all of the company’s financial activities…

Jones also promoted vice presidents Efthimios P. Sotos to SVP and treasurer and Joseph Donnalley to SVP of corporate taxation and risk management.…

>> Playground-equipment maker PlayCore Inc. hired A. Joseph Neiner as its new CFO… Neiner most recently spent eight years with Novar Plc, a $2 billion, multinational building systems, engineered-products, and security printing business… Neiner joined Novar in 1994 and held number of positions in US and England… More recently served as CFO and executive VP of Novar’s San Antonio, Tex.-based Specialty Printing Inc…

Before his tenure at Novar, Neiner spent 15 years at Alusuisse-Lonza, a Swiss aluminum, chemical, and packaging company where he was EVP of strategic planning and served on the Board of Directors for the North American Group… Neiner also spent four years at General Cable Corp. in St. Louis…

Playcore owned by affiliates of Chartwell Investments II LLC, a New York-based private equity firm…

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