About the PUW > Martin Tuchman, Chairman

Martin Tuchman, while at the Railway Express Agency, together with a group of shipping engineers at the American National Standards Institute, he created the current standard for Intermodal containers and chassis, still in use today. Subsequently, he co-founded Interpool, one of the nation’s leading container leasing companies and later formed Trac Lease, the largest chassis leasing company in the US, and with his partner, Warren Serenbetz, he sold Interpool for $1 billion, in July of 2007.
 
Active in Parkinson’s Disease philanthropy, Chairman of The Tuchman Foundation, works closely with Parkinson’s organizations to secure NIH research grant approvals.

The Tuchman Foundation and its affiliates have thus far funded $15mil of research into finding a cure for Parkinson's disease.
 
He is also on the Boards of the American Cancer Society of Mercer County and the Trenton Area Soup Kitchen.  In banking, he served on the Board Yardville National Bank’s Board of Directors and served as Chairman of First Choice Bank in Lawrenceville, New Jersey.

In October of 2007, Mr. Tuchman was on the Yardville National Bank’s special committee that arranged the sale of YNB to PNC Financial, after serving on the boards’ asset and liability committee for 9 years.
 
In 2007, Mr. Tuchman joined First Choice Bank with assets of about $30mil.  He and his team built this bank to $1.1bil in assets and merged it with Berkshire Hills bank, a New York Stock Exchange listed company.  Together this is now a $12bil bank with over 100 branches.

Currently Mr. Tuchman serves as a member of NJ department of National Service.

Among his numerous honors, Mr. Tuchman was named Entrepreneur of the Year by Ernst & Young and he and Interpool earned Grand Prize in Cisco’s Growing with Technology Award. Mr. Tuchman received the Hero medal at The Smithsonian Institute and Interpool’s material is now part of the Smithsonian’s National Museum of American History.  

In June 2011, Beta Gamma Sigma, the International Honor Society, serving business programs accredited by the Association to Advance Collegiate Schools of Business, awarded Martin Tuchman its coveted 2011 Business Achievement Award.  The award is given annually to recognize "significant achievements over a career or by a singular achievement that has advanced the field of business and contributed to community and to humankind."  He was nominated for the award by Seton Hall University's Stillman School of Business.
 
NEWARK, N.J., Jan. 12, 2016 /PRNewswire-USNewswire/ -- NJIT's School of Management (SOM), which shapes students to become technology leaders and managers was named in honor of its distinguished alumnus: The Martin Tuchman School of Management.

Mr. Tuchman earned his B.S. in Mechanical Engineering from New Jersey Institute of Technology and his MBA from Seton Hall University. Recipient of NJIT’s Alumni of the Year Award, he has been a member of the school’s Board of Trustees and is currently on its Board of Overseers, and serves as a member of the University’s Joint Investment Committee.

Back