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Banking & Finance

Fidelity Bank picks Pennsylvania executive to be new remote chief marketing officer

Fidelity Bank of Leominster has appointed Joann Marsili to the position of executive vice president, chief marketing and digital experience officer, a new title at the $1.3-billion company.

Former Worcester investment adviser pleads guilty to stealing $3M from clients

James Kenneth Couture, of Sutton, pleaded guilty on Thursday to charges related to $2.8 million in stolen funds from his six clients over 11 years.

🔒Small business organizations are narrowing the financing gap for entrepreneurs of color

when entrepreneurs of color turn to banks and other investors, research shows they’re often given less consideration than white founders.

Lawrence investor buys Worcester apartments for $27M, up from $16M two years prior

ReNew Tatnuck Square, a 120 unit complex at 12-20 Brookside Ave. in Worcester has been sold for the second time in two years, this time for $26.7 million.
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Westborough battery innovator receives $50M investment to commercialize recycling technology

SK ecoplant, the environmental division of Korean holding company SK Inc., has made a $50 million investment in Westborough’s Ascend Elements to help commercialize the firm’s trademarked Hydro-to-Cathode direct precursor synthesis process technology, Ascend announced on Thursday.

F & M Tool & Plastics president sells property in $25M leaseback deal

A corporation registered to the co-founders of Concord’s Arris Partners, LLC has purchased two properties, comprising 16 acres, along Pioneer Drive on the Leominster, Lunenburg border from the president of F & M Tool & Plastics, Inc. in Leominster for $25 million.

Amazon closing Milford facility, amid Central Mass. expansion

Seattle online retailer Amazon is closing its Milford facility at 8 Industrial Road, along with four other Massachusetts facilities in Dedham, Everett, Randolph, and Mansfield, according to a statement by Amazon spokesperson Caitlin McLaughlin, received by WBJ on Friday.

Rockland Trust tabs Eastern Bank executive as new chief risk officer

Rockland Trust Co. has chosen Dawn Mugford as its chief risk officer, replacing Edward Seksay who will remain as general counsel of Rockland Trust and parent company Independent Bank Corp. and as president and board chair of Rockland Trust’s affiliated charitable foundations.
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🔒Q&A: Webster First’s CEO on adjusting to a high interest-rate economy

Michael Lussier has led Webster First Federal Credit Union as CEO since 1990, having first started there in 1987 as chief financial officer. 

🔒Movers & Shakers for Aug. 22, 2022

Among the companies with recent hires and promotions are MAPFRE USA, Central One Federal Credit Union, Country Bank, and Rollstone Bank & Trust.
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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

Retail and Customer Service Specialist

Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$20/hour
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