L.S. Starrett Co.

You can define success in myriad ways: holding your ground; uncompromising ambition; the relentless pursuit of excellence; steady as she goes; staying a step ahead. The one thing shared in common by the most-heralded and well-run companies Worcester Business Journal has chronicled over 35 years is a bit of all these things.

Ernie Herrman, president and CEO of The TJX Cos. in Framingham, was the highest-paid CEO among Central Massachusetts public companies for fiscal 2023.

The L.S. Starrett Co., a publicly traded tool manufacturing company founded 144 years ago, plans to merge with a private equity firm and become a privately-held company.

The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.

Athol tool manufacturer The L.S. Starrett Co. reported $14.9 million in net income for the fiscal year ending in June 2022, down from $15.5 million in the fiscal year ending in June 2021.

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

Chuck Alpuche, executive vice president and COO of Acton medical device manufacturer Insulet Corp. has been appointed to the board of Athol manufacturing firm The L.S. Starrett Co. according to a Monday press release.

Check out which professionals are on the move in Central Mass.

Athol precision measuring and cutting tools manufacturer L.S. Starrett Co.is suspending its quarterly dividend program indefinitely.

Improved margins and lower expenses helped put tool manufacturer L.S. Starrett back in the black in the quarter that ended March 31, though revenue for the Athol-based company fell slightly.