Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

December 7, 2015 Power Players: Change Agent

Douglas Petersen

Douglas Petersen was a fixture in North Central Massachusetts business circles before last year, but his status hit new heights when his Workers' Credit Union announced it hit the $1-billion asset mark, which led the firm to pay out $2 million in dividends to its members, the first ever give-back program in its 101-year history.

Not to rest on its laurels, Workers' assets grew more than 10 percent in 2014 to more than $1.15 billion. As a result, the credit union launched another dividend program, this time giving back $2.5 million to its members.

Petersen, who joined Workers' in the mid-1990s, has sat as a volunteer on a number of local boards. He helped lead the team that hired Roy Nascimento to succeed David McKeehan as president and CEO of the North Central Massachusetts Chamber of Commerce and last month he was elected chairman of the board for The United Way of North Central Massachusetts.

Read about other Central Massachusetts Power Players

Change Agents: Executives bringing their organizations to new heights

Visionaries: Forward thinkers pushing to realize the promises of the future

Politicos: Public officials leveraging their positions to further business development

Fresh Faces: Newcomers to Central Massachusetts with refreshing perspectives and ideas

Inner Circle: Long-time players who continue to have a significant role in new developments

Sign up for Enews

WBJ Web Partners

Related Content

0 Comments

Order a PDF