Management Moves

Martin Tuchman, a prominent Princeton-area businessman, has joined the board of directors of CircleBlack, a Jersey City-based financial technology company. CircleBlack owns an online financial data aggregation and empowerment platform for financial advisors and their clients. CircleBlack was formerly located in an office on Nassau Street.

Tuchman is the chairman and CEO of the Tuchman Group, which focuses its investments in real estate, international shipping, transportation, banking, and financial services. In 1968 Tuchman co-founded Interpool, one of the nation’s leading container leasing companies, which was sold in 2007. He is also currently on the board of the Bank of Princeton, a $1.1 billion community bank.

“I see tremendous value in the CircleBlack business model,” Tuchman said. “They are solving an important issue for investors by providing transparency, which drives trust while at the same time making investment advisors’ practices much more efficient and integrated. Their innovative approach leverages big data for both the benefit of the end investors and the advisors serving them.”

Since its commercial launch less than two years ago, CircleBlack has experienced accelerating growth with more than 35,000 households and $46 billion in assets on its platform.

Expansions

First Bank (FRBA), 2465 Kuser Road, Hamilton 08690. 609-528-4400. Patrick L. Ryan, CEO. www.firstbanknj.com.

First Bank has signed a long-term lease at 1395 Yardville Hamilton Square Road. First Bank will use the 11,000-square-foot building as expansion space to house additional executive and administrative staff needs, adjacent to its current corporate headquarters building on Kuser Road. It is expected to take occupancy by early summer, 2018. Mercer Oak Realty brokered the deal.

Mercer Oak said the property still has 14,500 square feet of space available. Other tenants include Spiezle Architectural Group.

Deaths

Paul Sigmund, 53, on January 11. He was a banker, lawyer, technology industry executive, and former Mercer County Freeholder. He was the son of the late Barbara Boggs Sigmund, former mayor of Princeton, and Princeton professor Paul Sigmund.

David J. Lesh, 77, on January 21. He was the owner-operator of Sign Studio in Trenton, retiring in 2005 and retiring from the Turnpike Authority in 2010. After retirement, he worked for Future Signs in Hamilton. Services will be held Thursday, January 25, at 11 a.m., at the Brenna Funeral Home, Immordino Chapel, 1799 Klockner Road in Hamilton.

Robert K. Sorber, 81, on January 20. He worked for Sarnoff Research Corporation. Services will be held Thursday, January 25, at 10 a.m. at the Hartmann Memorial Home, 2830 Nottingham Way, Mercerville.

Joseph Balint Jr., 83, on January 13. He worked for U.S. Steel in Trenton until the plant closed in 1996. Because the plant closed one day before Balint would have worked there for 30 years, he received a radically reduced pension. “Don’t count on corporations to make America great again,” his obituary said.

Thomas Woitcheck, 80, on January 17. He was service manager at Volvo of Princeton and owned Wood and Stuff, a craft business, together with his wife, Judith.

Lillian Kim Alford, 20, on January 17. She was an EMT with Pennington First Aid Squad and Union Fire Company and Rescue Squad, and was employed by an ambulance transport company.

Facebook Comments