Radnor
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Radnor’s Safeguard Scientifics Shifts Focus, Lays Off Half of Its Staff
Radnor’s Safeguard Scientifics has laid off half of its staff as part of cost-cutting measures and a change in business strategy, writes Michelle Caffrey for the Philadelphia Business Journal. The decision comes after the investment firm conducted an extensive review and assessment of its available options to increase shareholder value. “As we evaluated the best…
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Prosecutor of ‘High-Profile Drug Cases’ Sworn In as County’s New District Attorney
Katayoun “Kat” Copeland has officially been sworn in as the Delaware County District Attorney, writes Erin McCarthy for the Philadelphia Inquirer. Copeland, 50, a Republican from Radnor, was appointed by the county Board of Judges over 19 other candidates to fill the term of John J. Whelan, who was elected a county judge. She plans…
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Radnor’s Lincoln Financial Group to Make $3.3 Billion Acquisition
Radnor’s Lincoln Financial Group has agreed to acquire Liberty Mutual Insurance Group’s Liberty Life Assurance for $3.3 billion, writes Jeff Blumenthal for the Philadelphia Business Journal. Lincoln Financial, a life insurer and retirement investment company, will keep the Group Benefits business from Liberty. It then plans to assign its individual life and annuity business to…
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Radnor’s Qlik Ends Four-Month Search, Hires New CEO
Qlik, a business analytics company based in Radnor, has hired Mike Capone, the former Medidata Solutions chief and ADP executive, as its new CEO, writes Joseph DiStefano for the Philadelphia Inquirer. Capone’s hiring ends a four-month search that began after Qlik boss Lars Björk stepped down after 17 years at the helm. Qlik, which was…
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