Transworld Home Healthcare appoints Vincent J. Caruso Executive VP and Chief Administrative Officer.RED BANK, N.J.--(BUSINESS WIRE)--Jan. 30, 1996--Transworld Home HealthCare, Inc. (Nasdaq National Market: TWHH TWHH The Wisconsin Heart Hospital LLC. (Milwaukee metropolitan area) , TWHHW) today announced that Vincent J. Caruso, age 48, has joined the Company as an Executive Vice President and Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive , a newly created position. At Transworld, Mr. Caruso s responsibilities will include Finance, Audit & Control, Compliance, Information Systems, Human Resources and other support activities for the operating units of the Company. He reports to Joseph J. Raymond, Chairman and Chief Executive Officer. Wayne A. Palladino continues as Vice President and Chief Financial Officer, working closely with and reporting to Mr. Caruso. Mr. Caruso, with over 20 years experience in finance, administration and operations in service companies, most recently held the position of Executive Vice President, Chief Financial and Operations Officer and a Director of The Copeland Companies, a Travelers Group (formerly The Travelers Companies) subsidiary, headquartered in East Brunswick, NJ. During his seven year tenure at Travelers, he was also Vice President-Finance and Group CFO See Chief Financial Officer. - Investment Operations of The Travelers Companies; and Executive Vice President and Chief Financial Officer of The Travelers Mortgage Services Inc. Previously, Mr. Caruso was Chief Financial and Administrative Officer and a Director of TSG TSG The Smoking Gun (web site) TSG Technology Services Group (UK) TSG Technical Specification Group TSG Timing Signal Generator TSG Technical Support Group TSG Tumor Suppressor Gene TSG ThermoSalinoGraph Holdings, Inc., the U.S. management company of a London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. listed investment company A listed investment company or LIC is an Australian closed end collective investment scheme similar to investment trusts in the UK. They are traded as other securities on the Australian stock market. See also
Mr. Caruso is a graduate of Princeton University where he earned a Bachelor of Arts Degree. He and his family currently reside in Avon, CT. Transworld Home HealthCare, Inc. is a regional supplier of a broad range of alternate site healthcare services and products including respiratory therapy, drug infusion therapy, nursing and para-professional services, home medical equipment, radiation and oncology therapy and a nationwide specialized mail order pharmacy. Transworld facilities are located in the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. , New Jersey, Baltimore, Philadelphia and Orlando, Melbourne and Jacksonville, Florida. CONTACT: Transworld Home HealthCare Inc. Joseph Raymond, Chairman Gene Berger, Exec. Vice President (908) 530-1144 or The Equity Group Inc. Linda Latman (212) 836-9609 |
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