Economy

Just before the new year, United Way of South Central Massachusetts appointed nonprofit veteran Kristin McCarthy as its new leader.

Bay Colony Development, a Waltham-based economic development financing company with an office in Worcester, has named Erik Adams as the firm’s incoming president and CEO as current leader Mary Mansfield will step down from the position later this year.

Speaking at the global summit, which attracts some of the world’s most prominent leaders, Commonwealth Fusion Systems CEO Bob Mumgaard outlined the promise of fusion energy technology.

Massachusetts must pay the federal government $2.1 billion over the next decade after the Baker administration mistakenly used federal pandemic funds to cover unemployment benefits, officials said Monday.

Following the appointment of its first chief operating officer in 2022, Community Legal Aid has promoted attorney Kristen Williams to be the second person to ever hold the C-suite position at the Worcester-based nonprofit.

The Worcester County Bar Association has made its first executive director change in more than 30 years.

In an effort to address the growing integration of artificial intelligence into basic science research, UMass Chan Medical School in Worcester has created its first chief research computing officer position, naming William Barnett to the inaugural role. 

Clark University in Worcester will launch a new School of Climate, Environment, and Society with the fall semester and has named a former Chatham University dean as its leader.

After serving nearly 20-years as CEO of Framingham-based MutualOne Bank, Mark Haranas has retired.

In her new role, Adamo will continue leading the firm’s marketing strategies while taking on a leadership role, which will focus on driving sales growth.