Valhalla, NY (2006-01-10) Cappelli Enterprises, Inc., one of the area's leading development companies, has recently appointed Catherine Oniffrey of Pound Ridge as Executive Vice President.

Ms. Oniffrey has worked with Bank of Scotland, North America, for the past 19 years. Prior to joining Cappelli, she was the Bank's Regional Director of Corporate Finance in New York City for the past five years. She managed more than $2 billion in assets, and a staff of 15 people. She was responsible for real estate, healthcare, large and middle corporate markets, regional banking and portfolio management.

From 1998 to 2002, Ms. Oniffrey was Regional Director of the Bank's Midwest Region in Minneapolis, MN. From 1994 through 1998, she was Senior Vice President of Strategic Planning at the Bank's New York City office. Ms. Oniffrey served as Vice President of Credit and Loan Administration in the Bank's New York City office from 1992 to 1994, and began her career with Bank of Scotland as Vice President of Corporate Finance in 1987 in New York City.

She holds an MBA from St. Thomas University in Minneapolis, MN, where she graduated summa cum laude. She also holds a B.S. from Mount St. Mary College in Newburgh, NY, where she graduated magna cum laude.

Ms. Oniffrey and her husband Dave have two children, Stephanie, 14, and Matthew, 10.

Cappelli Enterprises Inc. is a leading real estate developer and general contractor in the Northeast. Headquartered in Valhalla, NY, the company has built more than 10 million square feet of mixed use, retail, waterfront, residential, office building, and laboratory and parking facilities.