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Movers & Shakers for March 20, 2023

See who is on the move at Lamoureaux Pagano Associates, AAFCPA's, Fidelity Bank, and more.

🔒Small businesses run by people of color struggle to find financing as VCs’ priorities have shifted away from providing multicultural opportunities

BIPOC-owned startups seeking out larger investments have come up short, in large part because the deck is stacked against them.

Stop & Shop plaza in Hudson sells for $22M, up nearly $5M in two years

An entity registered to a Long Island real estate investor purchased a Stop & Shop-anchored real estate plaza for $22 million, less than two years after it was sold for $17.2 million.

MutualOne Bank names former Boston Private Bank exec as new CFO

MutualOne Bank of Framinham on Tuesday named Joe Regan as the bank’s new CFO, replacing Brien Maginnis, who was with the bank for more than 11 years.
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Sudden bank failures triggering government response

The collapse of Silicon Valley Bank and the shock waves that has sent through the Massachusetts tech sector is putting Gov. Maura Healey's new administration's connections to federal policymakers and the business community to the test.

Fidelity Bank program donated $400K to nonprofits in 2022

Leominster-based Fidelity Bank donated more than $400,000 to more than 275 organizations, events, and causes in 2022 through its LifeDesign Community Dividend program.

Cornerstone Bank chief credit officer among latest executive moves

Worcester-based Cornerstone Bank has promoted Douglas Schmeling to the role of senior vice president, chief credit officer with the bank, which also announced four other executive promotions.

Movers & Shakers for March 6, 2023

People are on the move at the Family Health Center of Worcester, AdCare Hospital in Worcester, the Worcester law firm Bowditch & Dewey, the Estate Preservation Law Offices, MutualOne Bank in Framingham, Framingham State University, and UMass Memorial Health in Worcester.
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Avidia Bank names Rockland executive as new CEO

Eight months after Mark O’Connell announced he would retire as CEO of Avidia Bank in May, the Hudson-based institution has named Robert Cozzone of Rockland Trust as president and CEO.

Historic Mission Chapel redevelopment receives $3.1M in financing

MassDevelopment and Bay State Savings Bank of Worcester combined to provide $3.1 million in construction financing for the developers of Mission on Summer, a seven-unit redevelopment of the historic Mission Chapel on Summer Street in Worcester.
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Career Opportunities

Quality Engineer II – Columbia Tech

Columbia Tech
,
Westborough, MA

Chief Financial Officer

The Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$125,000 - $135,000

Production Manager – Columbia Tech

Columbia Tech
,
Westborough, MA
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