Bridging the gap between homelessness and hope one family at a time
Martin Tuchman graduated from New Jersey Institute of Technology (Newark College of Engineering) in 1962 with a Bachelor of Science Mechanical Engineering degree and then earned an MBA from Seton Hall University in 1968.
He went to work at Railway Express Agency (REA) in 1962 as an automotive engineer. While at the agency, he worked for the American National Standards Institute and, together with a group of other shipping engineers, developed the current standard for intermodal containers and chassis. The purpose of the standard was to allow for total interchangeability of equipment in every mode: rail, truck and ship, as well as structural integrity. The standard is still being used today.
In 1968, Martin Tuchman and his colleague Warren Serenbetz founded Interpool, one of the nation's leading container leasing corporations. In 1987, Mr. Tuchman formed Trac Lease, and developed it into the largest chassis leasing company in the United States, with over 200,000 units operating over the road and in rail service. In 1993, Mr. Tuchman had Interpool, Inc. listed on the New York Stock Exchange raising $67 million, brining total equity to over $100 million. During the next 14 years Interpool grew to a $600 million net worth company, after paying out over $100 million in dividends. In July 2007, Mr. Tuchman orchestrated the sale of Interpool to a major private equity firm for approximately $1.0 billion. He and his partner Warren Serenbetz owned half the company at the time.
Currently, Mr. Tuchman is a member of the United Nations Business Council, a Council comprised of leading international executives organized to promote understanding and cooperation between business and government. Mr. Tuchman was formerly a member of the Board of Trustees of New Jersey Institute of Technology and currently a member of theNJIT Board of Overseers. He is also a member of the Board of Directors of Stevens Institute of Technology’s WebCampus, a successful distant learning, online version of the Graduate School. He serves on the Board of Directors of the Parkinson’s Disease Foundation of Columbia Presbyterian Hospital in New York.
As Chairman of The Tuchman Foundation, he works closely with all Parkinsons organizations whose scientists select grants seeking National Institute of Health’s (NIH) approval.
In 1995, Mr. Tuchman was honored as Entrepreneur Of The Year in an awards program founded by Ernst & Young LLP and in 1996 was named Alumni of the Year by the New Jersey Institute of Technology.
In 1999, Mr. Tuchman and Interpool were recognized by Cisco Systems receiving the Grand Prize, as part of the “Growing with Technology Awards” program for small and medium-size businesses that are networked for growth through the innovative use of networking technology and the Internet.
In the beginning of the new millennium, Mr. Tuchman prepared an extensive case study of Interpool, Inc. for the 2000 Computerworld Smithsonian Collection. Through Mr. Tuchman’s effort, Interpool, Inc. was nominated for the world Smithsonian Award. Interpool’s material is now part of the Permanent Research Collection on Information Technology at the Smithsonian’s National Museum of American History. Mr. Tuchman received the Hero medal at a ceremony in Washington, D.C. on the grounds of The Smithsonian Institute.
In August of 2000, Mr. Tuchman was elected to the Yardville National Bank’s Board of Directors, and served on the Executive Committee as well as Chairman of the CRA Committee (Community Reinvestment Act). The Bank was acquired by PNC Financial in October of 2007.
In February of 2003, Mr. Tuchman became a member of the Board of Trustees of The Trenton Area Soup Kitchen (TASK), a charitable, non-profit organization that serves hungry people in the Trenton, New Jersey area by providing meals and other services.
In 2005, Mr. Tuchman was appointed to the Board of Trustees at Robert Wood Johnson University Hospital Hamilton.
He serves on the Board of Managers for the American Cancer Society, Mercer County unit.
In December 2008, Mr. Tuchman was elected as Vice Chairman of the First Choice Bank in Lawrenceville, New Jersey.
He is also Chief Executive Officer of The Tuchman Group, who with a staff of 10, oversees its holdings in real estate, banking and international shipping.
Mr. Tuchman currently heads up Kingstone Capital, a private investment group, managing a $300 million portfolio, consisting of US Agency Bonds, State Municipal Bonds, Equities and Real Estate. Also, under management is a 25% ownership stake of a community bank.
"Mission Possible is important and unfortunately most relevant for the simple but urgent fact that growing numbers of Americans go hungry due to the lack of money to purchase food. The authors are well respected leaders in the community with recognized skills and competence in the non-profit sector. This book is an outstanding overview of how to establish or enhance the functioning of Soup Kitchens, using the best practices of non-profit management." - Fran Dolan, Former Executive Director, Catholic Charities of the Archdiocese of Trenton