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Hoblitzell

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NEWS
By David Conn | September 25, 1990
An indication of the impact Alan P. Hoblitzell Jr. had on some of the people and organizations he worked with came from the United Way of Central Maryland yesterday.Upon the announcement that Mr. Hoblitzell was resigning from MNC Financial Inc., the group released an unsolicited statement praising his work and calling him "the epitome of a community leader."That the United Way went out of its way to comment is even more impressive given that Mr. Hoblitzell is no longer involved with the charity.
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NEWS
By Jeff Seidel and Jeff Seidel,Special To The Sun | May 22, 2008
McDonogh won the Maryland Interscholastic Athletic Association team title last week, and the Eagles found even more success in the conference's tournament for individual players, which concluded yesterday. The tournament was originally scheduled to finish last Thursday, but last week's rain and problems with scheduling forced most of it to end last Friday with the final part ending yesterday at McDonogh. The Eagles got A Conference championships from Alexander Centenari and Alex Sidney in singles plus the team of Jake Lazer and Tommy Sinnott in doubles.
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BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | February 1, 1991
Alan P. Hoblitzell Jr., former chairman and chief executive officer of MNC Financial Inc., has been appointed executive vice president and chief financial officer of the Ryland Group.Hoblitzell, 59, retired from the financially troubled Baltimore bank-holding company in September. He is to take on his new duties at the building and mortgage company Monday.Separately, Ryland announced the formation of Ryland Trading Ltd., a subsidiary to develop international markets. Its president will be Thurman W. Bretz, who had been Ryland's chief financial officer.
BUSINESS
By David Conn | September 10, 1992
Ex-MNC executive's severance pay in doubtAfter Peter Gartman left his job as vice chairman and chief financial officer of MNC Financial Inc. in May, he told the company in no uncertain terms that it had promised him a hefty severance package, including future consulting fees and a percentage of his salary for a certain period.But those who recall what the federal Office of the Comptroller of the Currency (OCC) did to former MNC chairman Alan Hoblitzell more than a year ago probably can guess what happened to Mr. Gartman's money.
NEWS
By Peter H. Frank and Michael Ollove | October 28, 1990
For a while, Alan Penniman Hoblitzell Jr. saw the future earlier and clearer than most.As tumultuous changes loomed in the banking industry during the 1980s, he foresaw only two roles for mid-sized banks like his Maryland National. Swallow or be swallowed.Mr. Hoblitzell never wavered.He had spent his entire career at the bank, rising from trainee to chairman. To the outside world, he had become indistinguishable from Maryland National. He had nurtured it as it became Maryland's dominant bank and one of the region's most visible civic leaders.
BUSINESS
By Kelly Gilbert and Kelly Gilbert,Evening Sun Staff | October 31, 1990
Two Baltimore-area investors have sued sagging MNC Financial Inc. and former chairman Alan P. Hoblitzell Jr. for allegedly misrepresenting the company's financial health and causing shareholders to lose large amounts of money as the company's stock price plummeted in recent months.The suit, seeking unspecified damages, was filed in U.S. District Court here this week by Robert B. Kelm of Towson and Christopher Trikeriotis of Baltimore.It charges MNC and Hoblitzell, who recently retired with a $1.1 million severance payment and at least $400,000 a year in retirement benefits, with violating federal securities laws, negligence and misrepresenting the quality of the company's rapidly-deteriorating loan portfolio.
NEWS
By Peter H. Frank | September 25, 1990
In a sudden shift of power at the state's largest banking company, Alan P. Hoblitzell Jr. resigned yesterday as chairman and chief executive of MNC Financial Inc.Alfred Lerner, a Cleveland investor who became MNC's largest shareholder after its merger with Equitable Bancorporation this year, was named as Mr. Hoblitzell's replacement.Mr. Hoblitzell, 59, will remain a director of the company, while Benjamin R. Civiletti, an MNC director and Baltimore attorney, was elected to replace him as chairman of the board's executive committee, the company said.
NEWS
By Ross Hetrick and Ross Hetrick,Evening Sun Staff | September 24, 1990
In a surprise announcement today, MNC Financial Inc., Maryland's largest bank holding company, said Alan P. Hoblitzell was retiring immediately as chairman and chief executive officer. He is being replaced by Alfred Lerner, the company's largest stockholder.For months MNC has denied rumors that Hoblitzell would be leaving the top position because of financial problems that have seen the bank's stock price sink to less than $6 a share. In midday trading today, the stock was down 3/8 to $6 1/4 .Hoblitzell, 59, told the company's board of directors of his retirement at a special meeting Saturday.
FEATURES
By Lynn Williams | September 16, 1990
Jean Hoblitzell grew up on a farm in Glyndon, and rode horseback through crisp, browning late-autumn fields, watching the sun set in a blur of purple.It's all there, in her quilts.Somewhat later, Jean Hoblitzell was an architect in New York, moving through a hard-edged urban grid of straight lines and jutting angles.That's all there, too, in the quilts.Ms. Hoblitzell, a contemporary quilt artist whose work is on display this weekend as part of a four-woman show at St. John's Episcopal Church in Glyndon, has a lot in common with those traditional quilters who created an art form out of scraps of cloths and thousands of tiny stitches.
BUSINESS
By Ross Hetrick and Ross Hetrick,Evening Sun Staff | September 25, 1990
The appointment of Alfred Lerner as both chairman and chief executive officer of MNC Financial Inc. may be only temporary until a replacement can be found, according to a stock analyst who follows MNC, the state's largest bank holding company.It was announced yesterday that Alan P. Hoblitzell, 59, was retiring as chairman and chief executive officer of MNC, effective immediately. Replacing him is Lerner, a Cleveland businessman who is MNC's largest stockholder.MNC is the parent company of Maryland National Bank, American Security Bank in Washington and Virginia Federal Savings Bank in Richmond.
FEATURES
By David Rosenthal and Will Englund | February 17, 1991
In the wintry Eastern Shore duck blind, frozen mud crackles underfoot. The sweet smell of burnt gunpowder lingers. And Steve Peck watches, waiting for ducks to descend -- always into the wind.Floating decoys strain against their anchoring weights, signaling the wind's direction. He moves into position. When the ducks are in range of his Remington 1100 shotgun, he slowly squeezes the trigger.Like any good hunter -- and good businessman -- Mr. Peck can detect a shift in the wind. And that's precisely what the former chairman of Signet Bank/Maryland felt last month, once he had exchanged his camouflage fatigues and hip boots for a suit and tie. He was helping master developer James Rouse build support for a costly dream: a model community for thousands of Baltimore's poor.
BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | February 1, 1991
Alan P. Hoblitzell Jr., former chairman and chief executive officer of MNC Financial Inc., has been appointed executive vice president and chief financial officer of the Ryland Group.Hoblitzell, 59, retired from the financially troubled Baltimore bank-holding company in September. He is to take on his new duties at the building and mortgage company Monday.Separately, Ryland announced the formation of Ryland Trading Ltd., a subsidiary to develop international markets. Its president will be Thurman W. Bretz, who had been Ryland's chief financial officer.
BUSINESS
By Edward Guntsand Peter H. Frank | February 1, 1991
Positioning the Ryland Group to capitalize on "emerging international housing opportunities," Chairman Roger W. Schipke announced yesterday that the company has appointed the former chairman of MNC Financial Inc. to join its management team and formed a new company to develop overseas markets for Ryland products and expertise.Alan P. Hoblitzell Jr., former chairman and chief executive of MNC, will join Ryland as an executive vice president and chief financial officer Monday.Mr. Hoblitzell resigned from MNC, parent of Maryland National Bank and American Security Bank, in late September as losses and bad loans mounted at the state's largest banking company.
NEWS
November 22, 1990
With the changing of the guard at MNC Financial Corp. and USF&G Corp., who will assume the mantle of civic leadership now that Alan Hoblitzell and Jack Moseley have stepped down from their respective corporate posts? There are no ready answers.Despite their ideological and stylistic dissimilarities, these two corporate leaders saw their roles stretching beyond making a profit to making a difference in the Baltimore community.Mr. Hoblitzell's sense of social responsibility led him to the chairmanship of the United Way of Central Maryland, chairmanship of a gubernatorial panel on higher education and efforts to promote minority entrepreneurs.
BUSINESS
By Kelly Gilbert and Kelly Gilbert,Evening Sun Staff | October 31, 1990
Two Baltimore-area investors have sued sagging MNC Financial Inc. and former chairman Alan P. Hoblitzell Jr. for allegedly misrepresenting the company's financial health and causing shareholders to lose large amounts of money as the company's stock price plummeted in recent months.The suit, seeking unspecified damages, was filed in U.S. District Court here this week by Robert B. Kelm of Towson and Christopher Trikeriotis of Baltimore.It charges MNC and Hoblitzell, who recently retired with a $1.1 million severance payment and at least $400,000 a year in retirement benefits, with violating federal securities laws, negligence and misrepresenting the quality of the company's rapidly-deteriorating loan portfolio.
NEWS
By Peter H. Frank and Michael Ollove | October 28, 1990
For a while, Alan Penniman Hoblitzell Jr. saw the future earlier and clearer than most.As tumultuous changes loomed in the banking industry during the 1980s, he foresaw only two roles for mid-sized banks like his Maryland National. Swallow or be swallowed.Mr. Hoblitzell never wavered.He had spent his entire career at the bank, rising from trainee to chairman. To the outside world, he had become indistinguishable from Maryland National. He had nurtured it as it became Maryland's dominant bank and one of the region's most visible civic leaders.
NEWS
November 22, 1990
With the changing of the guard at MNC Financial Corp. and USF&G Corp., who will assume the mantle of civic leadership now that Alan Hoblitzell and Jack Moseley have stepped down from their respective corporate posts? There are no ready answers.Despite their ideological and stylistic dissimilarities, these two corporate leaders saw their roles stretching beyond making a profit to making a difference in the Baltimore community.Mr. Hoblitzell's sense of social responsibility led him to the chairmanship of the United Way of Central Maryland, chairmanship of a gubernatorial panel on higher education and efforts to promote minority entrepreneurs.
NEWS
September 26, 1990
Abrupt change in the leadership of Maryland's $27.5 billion banking colossus, MNC Financial, is cause for short-term relief and long-term concern. The replacement of Alan P. Hoblitzell Jr. as chairman and chief executive officer by Alfred Lerner, a Cleveland financier, was predictable after MNC's stock plunged, pulled down by recession and an excess of high-risk commercial real estate loans.Mr. Lerner is no newcomer to the Baltimore scene, having owned Equitable Bancorp. for seven years until it was merged in January into the Maryland National Bank network.
BUSINESS
By Peter H. Frank | September 27, 1990
In the circumspect world of Baltimore banking, even a tidal wave can sound like a ripple as it washes through the financial community.The sudden appearance of Alfred Lerner at the top of MNC Financial Inc. has been no different.Though the Cleveland investor's new title as MNC's chairman and chief executive has been a major topic of conversation these days, it has not, apparently, been the subject of much debate."He's just kind of a blank page," said an executive at a top financial institution in town, who -- like most others who were interviewed -- spoke only on condition of anonymity.
NEWS
September 26, 1990
Abrupt change in the leadership of Maryland's $27.5 billion banking colossus, MNC Financial, is cause for short-term relief and long-term concern. The replacement of Alan P. Hoblitzell Jr. as chairman and chief executive officer by Alfred Lerner, a Cleveland financier, was predictable after MNC's stock plunged, pulled down by recession and an excess of high-risk commercial real estate loans.Mr. Lerner is no newcomer to the Baltimore scene, having owned Equitable Bancorp. for seven years until it was merged in January into the Maryland National Bank network.
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