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Jerome W Cwiertnia

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NEWS
September 14, 1990 | DAVID WILLMAN, TIMES STAFF WRITER
Dianne Feinstein's husband--the chief financial backer of her campaign for governor--sold $2.7 million of stock in an Orange County company in the two days before it announced a management shake-up that caused the stock price to plunge, records show. Feinstein's husband, Richard C. Blum, is a director and leading shareholder of the company, Irvine-based National Education Corp., but said he had no knowledge that the company's No.
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NEWS
September 14, 1990 | DAVID WILLMAN, TIMES STAFF WRITER
Dianne Feinstein's husband--the chief financial backer of her campaign for governor--sold $2.7 million of stock in an Orange County company in the two days before it announced a management shake-up that caused the stock price to plunge, records show. Feinstein's husband, Richard C. Blum, is a director and leading shareholder of the company, Irvine-based National Education Corp., but said he had no knowledge that the company's No.
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NEWS
September 14, 1990 | DAVID WILLMAN, TIMES STAFF WRITER
Dianne Feinstein's husband--the chief financial backer of her campaign for governor--sold $2.7 million of stock in an Orange County company in the two days before it announced a management shake-up that caused the stock price to plunge, records show. Feinstein's husband, Richard C. Blum, is a director and leading shareholder of the company, Irvine-based National Education Corp., but said he had no knowledge that the company's No.
NEWS
September 14, 1990 | DAVID WILLMAN, TIMES STAFF WRITER
Dianne Feinstein's husband--the chief financial backer of her campaign for governor--sold $2.7 million of stock in an Orange County company in the two days before it announced a management shake-up that caused the stock price to plunge, records show. Feinstein's husband, Richard C. Blum, is a director and leading shareholder of the company, Irvine-based National Education Corp., but said he had no knowledge that the company's No.
BUSINESS
May 17, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
For many Orange County executives, 1991 was a year when their pay packages came under greater shareholder scrutiny and corporate boards were cautious in handing out cash bonuses and perks. It mirrored a trend statewide of keeping executive compensation in line with a company's financial performance. Of the top 100 county executives on the list of publicly traded companies, one-third of the officers saw their cash compensation remain unchanged or had it reduced.
BUSINESS
July 27, 1989 | GREGORY CROUCH
Just a week after it dismissed Chief Executive H. David Bright, National Education Corp. has announced that former President Jerome W. Cwiertnia is returning to his old job and assuming the position of chief operating officer. NEC Chairman David C. Jones named Cwiertnia, 48, acting president and chief operating officer and indicated the appointments will become permanent at the company's next board meeting. National Education in Irvine is the nation's largest vocational training company.
BUSINESS
March 17, 1989 | JAMES S. GRANELLI
Seeing that he would not likely take over operational control in the near future, Jerome W. Cwiertnia said Thursday that he has resigned as president and a director of National Education Corp., a vocational and industrial training and educational publishing company in Irvine. Cwiertnia, who has been with NEC for 10 years, said he will remain a consultant to the company for an indefinite period to help with corporate development and government affairs. H.
BUSINESS
August 19, 1991 | Researched by DALLAS M. JACKSON/Los Angeles Times
Nature of Business: Operates accredited private schools in technical, industrial and vocational training; leases educational libraries. Total Employees: U.S. work force, 4,134; Orange County, 234 Stock Designation: Listed on NYSE and PSE as "NatEdu" Ticker Symbol: "NEC" Friday's Stock Close: $8.00; Change: +$0.38 Analyst Review: The company is being misinterpreted today by many investors because of some of the problems they have had over the past two years.
BUSINESS
August 9, 1995 | DAN MARGOLIS, TIMES STAFF WRITER
Struggling National Education Corp. continued to post hefty losses in the second quarter, the company reported Tuesday. The Irvine vocational education company, which has made top-level management changes and is shedding its chain of education centers in an effort to reverse its fortunes, lost $82 million, or $2.72 a share, compared with a loss of $51 million, or $1.72 a share, in the same period last year.
BUSINESS
July 8, 1992 | ANNE MICHAUD, TIMES STAFF WRITER
National Education Corp., which publishes school workbooks, operates vocational schools and trains people on the job, said Tuesday that it will replace the president of one of its subsidiaries because of disappointing earnings in the second quarter. Ronald Tapper, president of Naperville, Ill.-based National Education Training Group, has agreed to step down immediately, according to a statement by Jerome W. Cwiertnia, president and chief executive officer of the Irvine-based parent company.
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