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Banking & Finance

Longtime Country Bank employee promoted to fill position left vacant by CEO’s rise

Julie Sanders Yi, a longtime employee at Ware-based Country Bank, has been elevated to the executive role of CFO.

Big Lots, with six Central Mass. locations, plans to close some stores amid bankruptcy

Ohio-based Big Lots has filed for voluntary Chapter 11 bankruptcy.

Two years removed from financial crisis, Family Health Center of Worcester reports another budget surplus

For the second consecutive year, Family Health Center of Worcester closed its fiscal year on an upward swing.

Workers Credit Union hires second executive from CEO’s former Colorado firm

Workers Credit Union has named Ellie Fordyce as the Littleton cooperative’s new chief people officer.
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Judge approves sale of six Nashoba Valley parent company hospitals

A 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 landscape in eastern Massachusetts.

Former CEO of North Brookfield bank to take on new executive role at Country Bank

Marco 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.

Another IPG executive is set to depart this year, as new CEO looks to reverse stock price plummet

The 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.

Movers & Shakers for Sept. 2, 2024

Employees at Leominster Credit Union, MetroWest Medical Center in Framingham, and Mirick O’Connell in Worcester are making strides in their careers.
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🔒Acquiring S&G: The road to acquisition for a leading Central Mass. accounting firm centered growth and core values

More 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.

🔒Hospital closure impact: As the final days for Nashoba Valley Medical Center ticked down, a community forsees a looming healthcare crisis

For 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 already spread thin.
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