Franco Moscardi, 45, led human resources consulting company

April 19, 2001|By Frederick N. Rasmussen | Frederick N. Rasmussen,SUN STAFF

Franco Moscardi, founder of IISP Inc., a Hunt Valley human resources consulting firm, drowned Friday while vacationing with his family at Navarre Beach, Fla. He was 45.

The Hunt Valley resident was president of IISP, which he founded in 1996. The company designs and installs payroll and benefits systems for companies.

Earlier, Mr. Moscardi had worked in human resources in New York City and Wilmington, Del., from 1981 until 1996 and briefly for United States Fidelity & Guaranty Co. in Mount Washington before he established his own firm.

"He combined his human resources expertise with technology," said John K. Hoey, a friend and senior vice president for corporate services at Sylvan Learning Systems. "He had a highly analytical and rational mind and had an amazing ability at being able to always be on top of everything.

"He showed he wasn't afraid of taking risks and had lots of self-confidence. He went on to build a very successful company, had terrific people working for him and had relationships with major corporations. He really was an industry leader in the field," said Mr. Hoey.

"When people pass away, it's easy to say kind words about them, but Franco was absolutely a man of his word and had deep integrity. He was always very concerned about his company's reputation," said Gene R. Shuldes, managing director of Shared Services, a Hagerstown-based division of IISP Inc.

"He lived by the proverb that says, `A good name rather to be chosen than great riches.' That was paramount to him. He was a very remarkable man. If he said it, that was good enough. A handshake was his word," Mr. Shuldes said.

Sally VanZandt, director of administration at IISP Inc., first got to know Mr. Moscardi when they worked at USF&G. She described him as a "genuine, warm and real human being who was free of any pretense."

Mr. Moscardi was known for working long hours but told employees that their family commitments took precedence over work.

"Family was very important to him, and families always came first," said Mr. Shuldes.

"His work was his vocation and avocation, and he lived for it. He was always supportive and bent over backward for other people. He was always thinking of others," said Ms. VanZandt.

That part of Mr. Moscardi was reflected in his community activism.

He coached soccer, baseball and basketball for the Lutherville-Timonium Recreation Council, and volunteered for the American Cancer Society and at the National Aquarium in Baltimore.

"His company supported many charities and, at Christmastime, made donations in the name of his clients to various charities such as the Johns Hopkins Oncology Center. ... He believed in giving back," said his wife of 13 years, the former Carol A. Leonard.

Mr. Moscardi was born in Tarrytown, N.Y., and graduated from Sleepy Hollow High School, where he played varsity lacrosse and football.

He earned a bachelor's degree in economics from Brown University in 1977 and a master's degree in finance and human relations from Columbia University in 1981.

His professional memberships included the International Association for Human Resource Management and Chesapeake Human Resources.

He enjoyed saltwater fishing and traveling.

Mr. Moscardi was a communicant of St. Joseph Roman Catholic Church, 101 Church Lane, Texas, where a Mass of Christian burial will be offered at 11 a.m. today.

In addition to his wife, he is survived by a son, Christian L. Moscardi, and a daughter, Courtney L. Moscardi, both of Hunt Valley; his parents, Erminio and Rosa Moscardi, and a brother, Nino Moscardi, all of East Greenwich, R.I.; and six nephews.

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