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In Memoriam – Charles E. Parente

Charles Parente - Board of Directors
  • Board Member

Mr. Parente served as Chairman and a member of the Audit Committee for over ten years. Mr. Parente also served as Chief Executive Officer of Pagnotti Enterprises, Inc., a diversified holding company whose primary business includes workers' compensation insurance, real estate, and anthracite coal mining preparation and sales, and as Chairman and Chief Executive Officer of CP Media, LLC, a holding company that owns broadcast television stations. From 1988 through 1993, he served as President and Chief Executive Officer of C-TEC Corporation, a telecommunications and high-technology company. From 1970 through 1987, he was Chief Executive Officer and Managing Partner of Parente Randolph, LLC (now ParenteBeard LLC), a leading independent accounting and consulting firm in the Northeast United States and among the top 25 in the country. From 1962 through 1970, he was employed at Haskins & Sells, a public accounting firm.

Mr. Parente was a member of the boards of: Sordoni Construction Services, Inc., a commercial construction and real estate development company; Circle Bolt & Nut Co., a distributor of industrial products; and Frank Martz Coach Co. & Subsidiaries, a diversified transportation company. He was active with various civic and community organizations, serving as past Chairman of the Board of Directors of the Wyoming Valley Health Care System, Inc., and as a board member of The Luzerne Foundation and King's College, where he was Chairman from 1989 through 1998. Mr. Parente was a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. He graduated cum laude from King's College. Mr. Parente brought to the Board a deep knowledge of accounting matters as well as extensive executive experience.