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Banking & Finance

Nasuni tops $100M in annual revenue for the first time

Nasuni Corp., a Boston-based cloud storage company with an office in Marlborough, had record revenue in its fiscal 2022, reporting more than $100 million in annual recurring revenue.

Rockland Trust promotes two employees to executive leadership

Rockland Trust, which has nine branches in Central Massachusetts, has promoted two internal employees to its executive leadership team. Kathryn O’Malley will become a senior vice president and maintain her role as chief credit officer, and James Rizzo is now chief commercial banking officer.

Former city councilor buys historic building, opens tech startup in downtown Worcester

Joffrey Smith, CEO of Joffrey Smith Financial Group, officially opened his new location at 8 Norwich St. in Worcester, and unveiled his insurtech startup Concordia Exchange at a ribbon cutting ceremony on Tuesday.

🔒Q&A: Negotiating a volatile real estate market

Now the residential real estate market has slowed, Richard Healey of Foster-Healey Real Estate Inc. hopes to see it settle down again and level out.
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Movers & Shakers for Jan. 23, 2023

People are being hired and promoted at companies including NAI Glickman Kovago & Jacobs and AAFCPAs.

Berkshire Bank hires new CCO and senior vice president

Berkshire Hills Bancorp, Inc. has hired James Brown as the company’s senior vice president, head of commercial...

Rollstone Bank promotes Rakic to chief lending officer

Rollstone Bank and Trust of Fitchburg has appointed Tony Rakic as executive vice president and chief lending officer, replacing Michael Olson, who is retiring after 17 years with the bank.

WPI partners with Chicago investment firm to reduce carbon footprint

Worcester Polytechnic Institute and Chicago investment firm Harrison Street announced a partnership on Tuesday aimed at reducing WPI’s carbon footprint by expanding energy-conservation measures, improving WPI’s power plant, and developing sustainable energy technologies for the WPI campus.
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NCMDC loans Groton cafe $206K to buy business location

The North Central Massachusetts Development Corp. in Fitchburg approved a $206,000 loan to help Salt and Life Café purchase its location at 159 Main St. in Groton.

Rockland Trust names new CEO

Rockland Trust Co., which has nine branches in Central Massachusetts, and its parent company Independent Bank Corp. appointed Jeffrey Tengel as the new CEO, replacing Christopher Oddleifson, who has been serving in the position for 2003.
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