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Banking & Finance
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Movers & Shakers for Sept. 16, 2024
Updated: September 16, 2024Higher-ups at Fidelity Bank, American Banker’s Association, and Leominster Credit Union are advancing in their careers.
Updated: September 16, 2024
The search for sustainable change: Worcester is close to filling its long-vacant DEI role, which was restructured in hopes of creating stability
Updated: September 16, 2024The City of Worcester’s chief diversity officer position has been vacant for nearly two and a half years, a timeframe longer than any individual has held the role since its creation in 2016.
Updated: September 16, 2024
Waiting for a lifeline: Social equity cannabis businesses navigate the increasingly difficult industry as they await grants from a $27M fund
Updated: September 16, 2024Social equity cannabis companies say more support needed.
Updated: September 16, 2024
After liquidation announcement, LL Flooring finds buyer, allowing one Central Mass. store to remain open
September 11, 2024The retailer formerly known as Lumber Liquidators has found a buyer for its assets, a move that should allow one of its three Central Massachusetts locations to remain open.
September 11, 2024
Longtime Country Bank employee promoted to fill position left vacant by CEO’s rise
September 11, 2024Julie Sanders Yi, a longtime employee at Ware-based Country Bank, has been elevated to the executive role of CFO.
September 11, 2024
Big Lots, with six Central Mass. locations, plans to close some stores amid bankruptcy
September 10, 2024Ohio-based Big Lots has filed for voluntary Chapter 11 bankruptcy.
September 10, 2024
Two years removed from financial crisis, Family Health Center of Worcester reports another budget surplus
September 6, 2024For the second consecutive year, Family Health Center of Worcester closed its fiscal year on an upward swing.
September 6, 2024
Workers Credit Union hires second executive from CEO’s former Colorado firm
September 5, 2024Workers Credit Union has named Ellie Fordyce as the Littleton cooperative’s new chief people officer.
September 5, 2024
Judge approves sale of six Nashoba Valley parent company hospitals
September 5, 2024A U.S. Bankruptcy Court judge approved the sale of six Steward Health Care hospitals here Wednesday, the most significant milestone yet in a saga that has commanded state government's time, attention and money, and will reshape the health care
September 5, 2024
Former CEO of North Brookfield bank to take on new executive role at Country Bank
September 4, 2024Marco Bernasconi, former president and CEO of North Brookfield Savings Bank, has been appointed to the position of chief operating and innovation officer at Country Bank.
September 4, 2024
Another IPG executive is set to depart this year, as new CEO looks to reverse stock price plummet
September 4, 2024The chief technology officer of Marlborough-based IPG Photonics Corp. is heading to retirement, as the company’s new CEO looks to overcome falling stock prices and global demand issues.
September 4, 2024
Hospital closure impact: As the final days for Nashoba Valley Medical Center ticked down, a community forsees a looming healthcare crisis
Updated: September 2, 2024For this rural Massachusetts area, the hospital’s closure will mean extended ER wait times at neighboring hospitals already pushing capacity, quadrupled ambulance turnaround times, and ultimately, the potential collapse of a healthcare system
Updated: September 2, 2024
Acquiring S&G: The road to acquisition for a leading Central Mass. accounting firm centered growth and core values
Updated: September 2, 2024More than four decades after opening their Worcester accounting firm S&G LLP in 1980, Carl Goldstein and Terry Shepherd knew it was time for a change.
Updated: September 2, 2024
Movers & Shakers for Sept. 2, 2024
Updated: September 2, 2024Employees at Leominster Credit Union, MetroWest Medical Center in Framingham, and Mirick O’Connell in Worcester are making strides in their careers.
Updated: September 2, 2024
Central Mass. nonprofits receive cut of $8.5M in capital funding for early education facilities
August 30, 2024Three Worcester County nonprofits have been awarded a combined $1.49 million in capital funding to refurbish their early education and out-of-school time program facilities predominantly serving low-income families.
August 30, 2024
IPG Photonics sells Russian assets for $51M, ending 34-year presence in country where it was founded
August 30, 2024Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine
August 30, 2024
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