Jul 24, 1995

PacifiCare of Washington

Managed care organization PacifiCare of Washington, a subsidiary of PacifiCare Health Systems Inc., has promoted Lori Mitchell, previously the company's director of finance, to vice president and chief financial officer for its Northwest region. She will oversee financial management functions, strategic planning and information services for PacifiCare in Washington and Oregon. Prior to joining PacifiCare, Mitchell served as chief financial officer at Stevens Memorial Hospital in Edmonds for 15 years.

Stewarts Jewelers

Jeffrey L. Prevette has been named director of jewelry design and repair for Stewarts Jewelers of Kent. Prevette has more than 23 years of experience in designing, crafting and repairing jewelry. Before joining Stewarts three years ago, he operated Metal Jems Jewelry on the Seattle waterfront and was a designer for Garrison Studios.

Yakima Herald-Republic

YAKIMA (AP) -- Yakima Herald-Republic Publisher James Barnhill has announced that he will retire next April 30. Charles Cochrane, publisher of the Walla Walla Union-Bulletin and a vice president of The Seattle Times Co., will take over as publisher of the 111-year-old newspaper. Barnhill, 64, served as the Herald-Republic's publisher for 16 years. He began his career in the circulation department of the Great Bend (Kan.) Tribune in 1950. He later managed two newspapers in Contra Costa County, Calif., and joined Harte-Hanks Communications in 1974 as publisher of the Ypsilanti (Mich.) Press, spending six years there before accepting the publisher's job in Yakima. Cochrane, 49, has been publisher in Walla Walla for 16 years, and earlier worked for Horvitz Newspapers, which published four newspapers in Ohio and one in New York. He is due to arrive in Yakima on April 1 for a month-long transition. The Seattle Times Co. owns both the Walla Walla and Yakima newspapers.

Prism

WOODINVILLE (PRN) -- Prism Group Inc., a Woodinville software manufacturing and fulfillment company, announced Friday that it has completed a restructuring of its balance sheet and obtained $3.5 million of short-term financing from CAPCO Financial. The company has also met all requirements necessary for continued listing on the Nasdaq SmallCap Market(SM). Prism restructured $4.7 million of short-term debt by converting it into equity of the company. Of that amount, $2.1 million was exchanged for 4.2 million shares of the company's common stock and the remaining $2.6 million was exchanged for 25,735 shares of the company's new Series A Convertible Preferred Stock, which entitles the holders to a 4 percent cumulative dividend. Among those taking part in the debt restructuring were: Renaissance Capital Partners II Ltd., which provided acquisition capital to the company in 1992; Intermag Inc., a major supplier to the company and its subsidiaries; and three existing Prism shareholders.

Jul 21, 1995

Everett Area Chamber of Commerce

Dennis Richard has been selected as director of communications and government affairs for the Everett Area Chamber of Commerce. His responsibilities will include managing Chamber publications, marketing communications, legislative issue management and government relations. Richards has 16 years of experience in communications and marketing, most recently serving as consultant to Skagit County-area businesses involved in healthcare, lodging, food service, publishing, real estate, construction and retail sales. He has also been involved with Chambers of Commerce in both Skagit County and Southern California. Before moving to Skagit County, Richards was director of corporate relations for multi-site health corporation Inter-Community Health Services in Covina, Calif., where he worked for 12 years. He has also worked as a trade show director.

Diamond Travel

Salt Lake City, Utah-based Morris Travel, a regional travel company and the largest rerpresentative agency for the American Express Travel Related Services Network (TRS), has purchased Diamond Travel, a local agency with six offices in the Seattle area. This is the second acquisiton for Morris into the Pacific Northwest in less than a year. Last August, the company purchased Travel Link with three offices in the Portland area. Diamond will continue to operate under its current name. Diamond Travel is currently servicing about $15 million in travel sales out of its six locations, while Morris services in excess of $135 million out of 32 offices and 12 on-site corporate travel offices in Idaho, Oregon, Utah and now Washington.

Cortelyou to head Rotary

The Rotary Club of Seattle has elected David Cortelyou as president. Cortelyou is currently president and chief executive officer of UNICO Properties. He replaces Bruce Walker.

Kiemle & Hagood

Mark Lucas, a sales associate with Kiemle & Hagood Company, has recently completed a 44,000-square-foot lease to The Boeing Company and a 2.5-acre land sale to Ederer Properties in the Spokane Business and Industrial Park. The Boeing Company will use its leased warehouse space to store aerospace parts for its Spokane assembly operation. Ederer Properties, a Portland-based thermal treatment company, will construct a 10,000-square-foot building to house Inland Metallurgical Services Inc.

1995 MAME Awards

Homebuilders and industry associates who provide design, interior and exterior merchandising, sales and marketing support, and related services are invited to submit entries to MAME (Major Achievement in Market Excellence) 1995. The awards are sponsored by the Master Builders Association of King and Snohomish Counties. Also Lisa Kennan-Meyer has been named chairperson of MAME 1995. Entry deadline for the 12th annual event is Aug. 11. Entry forms and other details are available from the Master Builders Association at (206) 451-7920.

Columbia Consulting Group

Columbia Consulting Group Inc. in Portland has been formed. The company provides real estate consulting services to pension funds, institutions, corporations and individuals.

Windermere

Windermere Real Estate has hired several new associates to the Seattle area offices. They include: Emily Farrell and Francie Gannon, Redmond; John Logue, Bellevue; Keith Dewey, Burien; and Mary Bundrant, Shoreline.

Coldwell Banker

Phyllis Zander, managing broker of Kirkland's Coldwell Banker Bain Associates office, has completed the final course in the national certification process for the certified real estate brokerage manager (CRB).

Century 21

Century 21 as added six new sales associates to offices in the greater Puget Sound area. They are: Jeannie Vanhove, Century 21 Realty Professionals; Gary Whitney and Lisa Laneston, Century 21 All Star; and Kaili McIntyre, Kamel Singh, and Rutha Thomas, Century 21 Northgate Real Estate Inc.

Real estate workshop

A.S.P.I.R.E., a non-profit investors association is offering a real estate workshop Aug. 1, at the Shoreline Conference Center, 18560 First Ave. N.E. The workshop will allow the public to ask local real estate experts real estate advice. Cost is $7 at the door. For more information, contact Nannette Davis at (206) 559-8941.