Dell’Omo Receives Contract Extension
The Rider University Board of Trustees announced this week that it had renewed its appointment of President Gregory G. Dell’Omo for two additional years, through July 31, 2024.
Board chairman Robert S. Schimek said in a statement that the decision was unanimous and “reaffirms our steadfast belief in President Dell’Omo’s leadership of our university.”
Dell’Omo has been at Rider since August, 2015, and during his tenure has overseen the development of a multi-year strategic plan. More than a dozen new undergraduate and graduate academic programs have been established, including the university’s first doctoral program in educational leadership.
In 2019 Rider received its largest ever philanthropic gift, a $10 million donation from Norm and Elaine Brodsky to endow scholarships for business students and support future business projects.
Dell’Omo also oversaw the controversial move of Westminster Choir College’s operations from its Princeton campus to the university’s main campus in Lawrenceville.
“In addition to his unwavering resolve to transform Rider into a fiscally strong institution committed to its mission of student growth, transformation and leadership, the trustees are confident in President Dell’Omo’s future vision and plan to ensure the successful growth and development of Rider University,” Schimek said. “I am certain his leadership will continue to propel our university forward.”
Rider University, 2083 Lawrenceville Road, Lawrenceville 08648. 609-896-5000. Gregory Dell’Omo, president. www.rider.edu.
Edison Partners Leads Funding for CT Energy Firm
Witherspoon Street-based investment firm Edison Partners has co-led a $7.8 million investment in a Connecticut-based energy-efficiency-as-a-service company.
The investment in Budderfly, co-led with Balance Point Capital and including funding from Connecticut Innovations, seeks to accelerate sales as demand for energy savings increases amid the pandemic.
Edison also led the initial financing of Budderfly, in 2017. That $22 million investment was followed by in 2019 by an additional $55 million in fundraising. The company provides energy savings and utility expense management services for quick-service restaurants, convenience stores, retailers, and other enterprises.
“Edison was an investor in two of CEO Al Subbloie’s prior companies, one of which returned 10-times,” said Budderfly board member and Edison partner Gary Golding in a statement. “Under Al’s leadership, Budderfly has created an energy-as-a-service concept that remains unique and holistic. The company is delivering a winning combination of technology, people and process to drive growth, and we’re thrilled to help them continue to build leadership in the energy services market.”
Edison Partners, 281 Witherspoon Street, Princeton 08540. 609-896-1900. Chris Sugden, managing partner. www.edisonpartners.com.
Frances Ellen Biddle, 73. She worked for 20 years as a library assistant at Princeton Theological Seminary.
Doris O’Donovan, 83, on October 25. She worked in library acquisitions at Rider University for 25 years.
Helen J. Hatrak on October 22. Prior to retirement she was chief clerk with the Mercer County Board of Social Services.
Toby Elaine Robinson, 85, on October 22. Trained as a nurse, she worked for more than 20 years at the Planned Parenthood Association of the Mercer County Area, retiring as medical director.
In retirement she continued as a volunteer with the American Cancer Society and Adath Israel Congregation.
Donald C. Olearchik, 67, on October 18. He worked at the General Motors plant in Ewing for 20 years.
Marie-Elaina Belardino Csorgo, 72, on October 19. She was operations manager at Ameriprise Financial, Lawrenceville, for 28 years.
Giovanni ‘John’ A. Pennacchi, 88, on October 20. He was employed as a mason in the family business, Pennacchi Brothers Masonry.
Anthony R. Tanzone Jr., 81, on October 22. The Hamilton resident was a letter carrier for the U.S. Postal Service for 40 years.