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Technology Research Corp. CEO Farren resigns
Owen Farren, CEO, president and chairman of the board of Tampa-based Technology Research Corp. has resigned from the company. Ray Malpocher, the company's lead director, will oversee the daily management of the company until a successor CEO has been appointed.
Technology Research Corp. designs, manufactures and distributes power management and control technology, intelligent battery systems technology and electrical safety products based on ground fault sensing and Fire Shield technology. The company also supplies power monitors and control equipment to the United States military and its contractors.
TECO Coal president retires, controller appointed president
TECO Coal President Jim Shackleford announced he will retire from the business unit of TECO Energy on April 1. Clark Taylor, vice president and controller of TECO Coal, will succeed Shackleford as president.
Taylor, 61, began his TECO Coal career as controller and assistant secretary for Gatliff Coal, a TECO Coal owned company, in 1985. He became vice president and controller of TECO Coal in 1992.
Prior to joining TECO Coal, Taylor was area operations manager and financial analyst for Dun & Bradstreet, where he was in charge of the business information company's office in Tulsa, Okla. He also was an accountant in a public accounting firm in Corbin, Ky., and served as general accounting manager for Shamrock Coal Co.
“TECO Energy has a deep leadership succession plan, and we're in great hands with Clark taking control along with the rest of the strong management team,” John Ramil, TECO Energy president and CEO, says in a press release. “He's been with us for nearly 26 years, and I'm confident Clark will continue to make TECO Coal into one of the premier mining companies in the nation.”
Shackleford, 63, who worked more than 27 years for the TECO Energy subsidiary, says he wants to spend more time with his family.
“When Jim started with TECO Coal, we were selling one million tons of coal a year to Tampa Electric,” Ramil says. “He's helped grow the business to nine million tons a year in sales, all to third-party international and domestic customers.”
Second largest drugstore chain to sell Avenger Bed Bug Killer
Tampa-based Transfer Technology International Corp. says that its subsidiary Organic Products International's Avenger Bed Bud Killer product will be sold at the nation's second largest drug store chain, CVS/pharmacy, arranged through Organic Products' marketing partner Phillips Sales and Marketing Inc.
The company plans to first fill retail stores in the areas of high bed bug infestation as part of a national rollout.
Organic Products International is a marketer and reseller of organic, environmentally friendly pest control and fertilizer products including Avenger Organics Bed Bug Killer, Avenger Organics Insect Killer, Avenger Organics Weed Killer, Avenger Organics Fertilizer and XT2000 Termite Killer.
Transfer Technology International Corp. acquires, procures and/or funds research, intellectual property and technologies.
Star2Star Business System named top product by magazine
Internet Telephony Magazine has named Sarasota-based Star2Star Communications' flagship Business Internet Telephone System its Product of the Year for the fifth consecutive time.
The editors of the magazine picked the winners, published in the current issue, based on the product quality, innovation and customer satisfaction.
“This award underscores the superiority of our system architecture.” Joe Rhem, president of Star2Star, said in a press release. “We're in an industry that changes continually, so I'm especially proud of our development, sales, and support teams for keeping us at the forefront of VoIP technology.”
Brown & Brown subsidiary buys two Mass. firms
Brown & Brown of Massachusetts LLC, a subsidiary of Daytona Beach- and Tampa-based Brown & Brown Inc., purchased most of the assets of United Benefit Services Insurance Agency LLC, Stephen H. Peck & Associates Inc., M.D. Guappone Insurance Agency Inc., G.P. Insurance Agency Inc., and Golden/Robbins Insurance Agency Inc.
The companies had combined annual revenues of $6.4 million.
United Benefit Services, Beverly T. Gottlieb & Associates and their associates companies, provide individual and group life, health, and other employee benefit planning to clients in the Boston metropolitan area and throughout New England.
The employees and operations of United Benefit Services and Beverly T. Gottlieb & Associates will remain at the companies' current locations in Newton and Charlestown, Mass., under the leadership of Stephen Peck.
“By joining forces with Brown & Brown, we will be able to locally offer an expanded employee benefits portfolio, as well as property and casualty insurance products and services, to our individual and commercial clients,” Peck says in a press release. “This transaction also represents greater career opportunities for our employees.”
At the same time, Brown & Brown announced its subsidiary Peachtree Special Risk Brokers LLC has appointed Elizabeth White as its president.
White joined Brown & Brown when Peachtree Special Risk Brokers LLC was founded at the end of 1999. She has been promoted through several positions within the company's Wholesale Brokerage Division. In her new position, White will have an expanded role in growing Peachtree's overall top line, managing carrier relationships and recruiting new talent. In addition, she will continue to be responsible for her current property brokerage team and the broker-training program.
Brown & Brown Inc. offers insurance and reinsurance products and services, as well as risk management, third-party administration, managed health care and Medicare set-aside services and programs.
SinoFresh Healthcare moves to more transparency
Venice-based SinoFresh HealthCare Inc. announced that its board of directors and senior management have developed and begun implementing a four-point strategic growth plan.
First, it plans to retain an external accounting firm to audit and prepare complete financial filings to make SFSH a fully transparent reporting company under SEC guidelines.
Second, the company wants to complete discussions with investment bankers to finalize arrangements to secure financing.
Finally, it also announced plans to hire a national wholesale sales team and continue its R&D programs.
“We are very pleased to inform our shareholders of the company's continued progress as we further implement our plans to become a fully transparent and significant player in the pharmaceutical industry,” David Olund, CEO, says in a press release. “In the coming days and weeks we will continue to announce our progress as we execute on our strategic plans.”
SinoFresh HealthCare manufactures and distributes nasal, oral and topical antiseptic germ-killing products.
Employee Leasing Solutions uses Zurich for worker's comp
Bradenton-based Employee Leasing Solutions has retained Zurich American Insurance Co. to provide workers' compensation for its worksite employees.
Bill Mullis, principal shareholder of Employee Leasing Solutions, said in a press release the action allows it “to look toward long-term growth and is a natural fit for national expansion plans.”
Zurich Financial Services Group has a global network of subsidiaries and offices, serving customers in more than 170 countries. It is rated A+ by AM Best and is the fourth-largest commercial property-casualty insurance company in North America.
Employee Leasing Solutions currently services nearly 1,300 clients in Florida and the Southeastern U. S. with more than 12,000 employees.
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