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The Power 100 (No. 50 - 41)

By , - Last modified: February 6, 2017 at 6:56 AM
50. Paul Fishman (3)
50. Paul Fishman (3)
Some say he should be No. 1, because of Bridgegate’s impact on the governor. Some say he shouldn’t be on the list at all, as he could be removed from this job as U.S. attorney at any time by the new president. We feel that means he should be somewhere in the middle. “Fishman fell flat,” one insider said. “He had a chance to do something flashy and he didn’t. Maybe it wasn’t there. But if that’s the case, it’s not there now.”
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Some say he should be No. 1, because of Bridgegate’s impact on the governor. Some say he shouldn’t be on the list at all, as he could be removed from this job as U.S. attorney at any time by the new president. We feel that means he should be somewhere in the middle. “Fishman fell flat,” one insider said. “He had a chance to do something flashy and he didn’t. Maybe it wasn’t there. But if that’s the case, it’s not there now.” It’s the annual question: Where do you put the developer of the biggest project in the state, the perpetually delayed American Dream. The mall’s numerous setbacks have some in the state concerned. “It’s as if they are chasing a ball downhill; whenever they get close, it rolls away,” one insider said. O’Neil is the CEO of the Sixers, Devils and Prudential Center; Weber is the president of the Devils and the arena. Together, they are a force for development in the state. O’Neil helped turn a state-of-the-art training facility in Camden for the Sixers into a mixed-use facility that will include an accelerator of sorts for early-stage companies. Weber is an active participant in developing Newark. “Newark continues to be a huge investment for the Devils.” And then there’s their day jobs: the Prudential Center continues to be one of the more successful arenas in the country. It’s our annual pairing of CEOs of powerful global companies that so many leaders wish they would see more of one insider said of Frazier of Merck and Gorsky of Johnson & Johnson. “I’ve not only never met either of them, I’ve never been in the same room as either of them. Imagine they impact they could have if they made championing New Jersey a top priority.” Audible scores well in all of the big categories: Growing tech company … committed not only to New Jersey, but to Newark … driver of innovation and jobs and entrepreneurship ... committed to helping others to finding success … Best Place to Work. Then there’s this: “Don is just an incredible thinker, always one step ahead.” He continues to lead New Jersey Resources as a financially sound CEO, but he does so with a heavy heart following the passing of board member Al Koeppe last December. Downes’ steady hand will be tested. “Larry is as good as it gets,” one insider said. “A true leader. There always will be a spot on our list for the head of one of New Jersey’s most important companies, Goya Foods, which is an example of both entrepreneurship and diversity. “They have done what every business wants to do: maintained their core audience while expanding outside of it at the same time,” one insider said. They’ve also done something else that is vital to inclusion on these rankings: Showed they are true to New Jersey. He’s the steady hand that leads one of the state’s biggest law firms, McElroy, Deutsch, Mulvaney & Carpenter. And while he and his firm are close to the governor, the governor’s departure should not have that much impact on them. “This is a huge firm that handles almost every kind of issue,” one insider said. “They are well-positioned.” Investors’ partnership with the Devils and Prudential Center shows its commitment to the state. Its Best Places to Work awards show its commitment to its employees. And its ever-growing lists of loans show its commitment to business. Cummings, with able help from Rich Spengler and others, continues to be the top business banker. The former U.S. senator and former state attorney general is now one of the name partners in the Chiesa Shahinian & Giantomasi firm that is quickly growing in size and stature and the man tasked with overseeing the state takeover of Atlantic City. “Jeff obviously is the real deal; as impactful and important a lawyer as there is in the state,” one insider said. “He’s a real power player who will have influence in Atlantic City and elsewhere.”

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