Common Sense Institute of New Jersey Elects Three Members to its Board

Randolph, N.J. – January 30, 2013 – The Common Sense Institute has added three members to its Board effective January 28, 2013 by a unanimous vote of its existing members. “We are delighted such a prestigious group of New Jersey leaders have joined our ranks. Each recruit brings unique experience and expertise to our organization,” said Jerry Cantrell, CSINJ’s president and founder.

The new members are: Michael Horn, Esq., a Partner at McCarter & English, LLC who represents financial institutions and corporations in regulatory, corporate governance and litigation matters. He currently serves as Chairman of the Board of the Federal Home Loan Bank of New York, and is a member of the Council of Federal Home Loan Banks. He also serves as General Counsel to Union County College. Prior to joining the firm, he served as a member of the New Jersey State Assembly and was a member of the Assembly Banking Committee from 1972 to 1974. Mr. Horn served as the Commissioner of Banking for the State of New Jersey from 1982 to 1984. As Commissioner, he supervised approximately 340 financial institutions, including state chartered banks, savings banks, savings and loan associations and credit unions. In 1984, he was appointed as New Jersey State Treasurer and oversaw the collection of state taxes, budgeting and the spending of all state funds.

Arthur E. Imperatore, Jr. is President and CEO of Romulus Development Corp., a co-developer of, among other projects, the Port Imperial development site in Weehawken and West New York, New Jersey. Port Imperial is also the headquarters of NY Waterway, the nation’s largest private mass-transit ferry/bus system where Mr. Imperatore also serves as Executive Vice President. Additionally, Mr. Imperatore is an Adjunct Professor of Real Estate and Urban Development at the Graduate School of Architecture, Planning and Preservation at Columbia University (GSAPP), and specializes in the history of American Real Estate Development. He is involved in a number of community and non-profit organizations, including the Friends of the Palisades Interstate Park; the Friends of the Hudson River Park; the Friends of Gateway National Recreation Area; the Alan M. Voorhees Transportation Center at Rutgers University; and the Regional Plan Association (RPA).

Anthony Vespa served most of his 30-plus years in the financial services industry at Merrill Lynch and Co. Vespa retired from Merrill Lynch in 2001 after serving, for six years, as President and CEO of the Merrill Lynch Insurance Group, and Executive Committee member of Merrill Lynch Private Client Group. He is President of Corporate Governance Group, a corporate consulting firm, and The Vespa Group, a private investment firm. In addition, he is a trustee for St. Joseph Medical Center Foundation, President of Northern New Jersey Council, Boy Scouts of America, and President of Upper Montclair Country Club, and serves on the Council of Presidential Advisors at Fairleigh Dickinson University.