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Movers & Shakers for Feb. 17, 2020

Check out the latest Central Massachusetts professionals getting hired and promoted.

🔒Disrespected: Sexual harassment leaves professional women & their companies dealing with the fallout

These stories from seven Central Mass. women professionals detail how sexual harassment has long-lasting and wide-ranging impact on people and company productivity.

🔒The Boardroom Gap III: Mass. legislators eye laws requiring women on public company boards

One bill filed last year by Sen. Jason Lewis (D-Winchester), would require any public company headquartered in Mass. to have at least one female board member by the end of 2021.

🔒The Boardroom Gap III: Central Mass. has regressed in the percent of women in business leadership

A 2019 WBJ investigation into the gender breakdown of the leadership at 75 Central Massachusetts prominent business organizations found 35% were women, an increase from 33% in 2018. This year, the percentage went backward.
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Cornerstone Bank appoints new SVP of retail banking 

Altaf Ahmed, a 38-year-old banker, has more than 20 years of experience in senior positions at various Massachusetts lenders, most recently at Bank of America in Boston where he managed the growth of its retail market. 

BankHometown re-elects chairman and vice chairman to its board

Steven Duvarney, 52, of Lancaster has been re-elected as chairman and Brian Galonek of Sturbridge as vice chairman to bankHometown's board of directors.

🔒Despite questions on Opportunity Zones, high-profile efforts have emerged in Worcester & Fitchburg

Congress enacted the Opportunity Zone program three years ago to provide tax incentives for investment in low-income communities. But will investors seize the opportunity?

🔒Odds increase against Polar Park breaking even, economists say

More than half dozen economists interviewed by WBJ said the cost overruns will make Polar Park far less likely to come close to paying for itself after it opens in 2021.
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New Worcester Plaza owner planning more investment in the city

Three months after Synergy Investments paid $16.5 million for the 24-story Worcester Plaza, the glass office tower in the downtown, the Boston developer is looking at other properties in the city.

IC Federal Credit Union names three new SVPs

Three long-term employees of the IC Federal Credit Union have been promoted to its executive team, according to Anthony Emerson, president and CEO of the Fitchburg-based lender.
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