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Palley Needelman Asset Management Inc

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BUSINESS
December 30, 1996
Dennis Rodman's money manager is thinking about joining a new lineup. Palley Needelman Asset Management Inc., the Newport Beach money management firm that handles the Chicago Bulls star's fortune, reportedly is being pursued by Boston-based United Asset Management. If a deal is struck, United Asset is expected to pay $60 million to $80 million for Palley Needelman, says one person familiar with the talks. A United Asset spokesman declined to comment on any talks between the firms.
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BUSINESS
December 30, 1996
Dennis Rodman's money manager is thinking about joining a new lineup. Palley Needelman Asset Management Inc., the Newport Beach money management firm that handles the Chicago Bulls star's fortune, reportedly is being pursued by Boston-based United Asset Management. If a deal is struck, United Asset is expected to pay $60 million to $80 million for Palley Needelman, says one person familiar with the talks. A United Asset spokesman declined to comment on any talks between the firms.
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BUSINESS
August 28, 1995 | Times Staff and Wire Reports
Dr. Tracey E. Smithey has been selected vice president and medical director of Comprehensive Behavioral Care Inc., a managed care subsidiary of Comprehensive Care Corp. in Newport Beach. She previously served as a medical reviewer and consultant for American Mental Health and MCC Behavioral Care. Trudy Tappan has been named director of quality management.
BUSINESS
August 23, 1997 | JOHN O'DELL, TIMES STAFF WRITER
A trio of principals at one of Southern California's largest investment management firms bolted from the firm Friday to form a rival company. The three left Newport Beach-based Palley-Needelman Asset Management Inc., a nearly $5-billion portfolio manager whose clients include basketball bad boy Dennis Rodman, to form a subsidiary of Metropolitan West Securities Inc., a Los Angeles investment firm headed by former state Treasurer Thomas Hayes.
BUSINESS
November 22, 1998
* Marilyn MacNiven-Young has been named executive vice president, general counsel and secretary of InSight Health Services Corp. in Newport Beach. She had been InSight's outside general counsel since 1996. MacNiven-Young previously served as senior vice president, general counsel and secretary of Comprehensive Care Corp.; general counsel for American Health Services Corp.; and vice president, general counsel and secretary of Abbey Healthcare Group.
BUSINESS
April 26, 1998
* Tom Reed has been named president of Interplay Films, the new motion picture and television division of Interplay Productions in Irvine. The parent company develops and publishes interactive entertainment software. Reed was formerly vice president at Imagine Entertainment. * James V. Thomas has been appointed president of the Multi-Family Property Management division of Sares-Regis Group in Irvine. He will oversee 9,000 units in California, Colorado, Arizona and Nevada.
BUSINESS
December 21, 1997
* William J. Herbert has been appointed vice president, international for Furon Co., a Laguna Niguel manufacturer of engineered polymer products. Herbert was formerly vice president, technology. * Ray Bond has been named chief operating officer of Saleen Performance in Irvine, a specialty vehicle manufacturer. Bond was previously president and general manager of EG&G Birtcher Inc, a division of the EG&G Co., a diversified technology company. * Richard M.
BUSINESS
October 12, 1997
Ian Olsen has been chosen to head up Newport Beach-based Rockwell Semiconductor Systems' new personal imaging division. He was appointed vice president and general manager of the division, which will develop, manufacture and market semiconductor system solutions for facsimile products and other personal imaging devices. Olsen had been director of marketing for the Personal Systems group at National Semiconductor. * Lew Graham has been named director of U.S.
BUSINESS
November 15, 1998
Joseph C. Formichelli has joined Toshiba America Information Systems Inc. in Irvine in the newly created position of executive vice president for the computer systems group. He was most recently president and chief operating officer of Innovative Network Technologies in Austin, Texas. Formichelli was also president and chief executive of Hayes Microcomputer Products and spent 30 years at IBM Corp.
BUSINESS
June 23, 1996
* Stephen J. Rimel has been named executive vice president of operations for CT Realty Corp., a Newport Beach real estate investment company. He will be responsible for asset management, investor relations, public relations, capital markets and new business ventures. Larry Mathena has joined the company as chief financial officer and general counsel. He has served as CT Realty's outside attorney since 1994.
NEWS
October 10, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
A few predictions for the next century: The tax system will be overhauled, if not abolished altogether. Politicians will be among the most respected members of society. And the United States will enter an era reminiscent of the glory days of England in the 17th Century, complete with castles, grand balls and bejeweled clothing. And forget cautious speculation about when the Dow Jones industrial average will break 4,000.
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