Seminack Named Modern Group’s New Vice President, CFO

Fri May 09, 2008 - Northeast Edition
CEG



Modern Group, headquartered in Bristol, Pa., has added Steve Seminack to the executive management team as vice president/chief financial officer effective immediately.

Seminack is a member of the AICPA (American Institute of Certified Public Accountants) and the PICPA (Pennsylvania Institute of Certified Public Accountants). Most recently, he was the CFO of Databank IMX, a national document management company. He had previously held senior financial positions at ARAMARK.

Seminack will report directly to Dave Griffith, Modern Group president and CEO, and will be assuming the duties currently held by George Wilkinson.

“We are thrilled to have Steve join our company. We conducted a national search to find a financial talent at the highest level and we are fortunate to have attracted Steve to our company. He joins one of the strongest management teams in the distribution industry,” said Griffith.

“Steve will be working alongside George Wilkinson, Modern’s former CFO, for the next few months effecting a smooth transition. George Wilkinson will be retiring at the end of December after a long and distinguished career with Modern and will remain on the Modern board,” Griffith added.

“I greatly respect Modern’s over 60 year history and their reputation in the industry, and my goal is to contribute to the company’s future success,” said Seminack.

Founded in 1946, Modern Group ranks among the largest independent companies in the industry, representing more than 400 product lines. Modern Group’s five companies provide sales, leasing, short-term rental, service, parts, training and financing solutions. In 2003, Modern Group completed a conversion to an ESOP and is now 100 percent employee owned.

Modern Group employs more than 600 people at 22 locations in Pennsylvania, New Jersey, Delaware and Maryland.

For more information, call 800/8-MODERN or visit www.moderngroup.com.