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Greater Worcester

UMass Memorial selects CFO

UMass Memorial Health Care has hired a new executive vice president and chief financial officer who will direct the system's finance and technology functions, among others.

DCU Center extends management pact to 2020

The company that runs the DCU Center for the City of Worcester will continue to run it through 2020.

St. Vincent Hospital names new CEO

St. Vincent Hospital has named Steven MacLauchlan president and CEO, as former CEO Erik Wexler continues in...

Saint-Gobain fined for violations at Worcester site

State regulators have assessed a $6,900 penalty against Saint-Gobain Performance Plastics Corp. for violating hazardous waste regulations at its Worcester coating facility.
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Higgins Museum passes into history

Today marked the passing of an era in Worcester, as the Higgins Armory Museum closed its doors for the final time after 82 years of operation.

Bain Capital Buying Bob’s Discount Furniture

Bob's Discount Furniture, which has nearly 50 retail stores throughout the Northeast, including three in Central Massachusetts, is being sold to Bain Capital, the retailer announced today.

FCHP Doles Out Grants To State Nonprofits

Fallon Community Health Plan (FCHP) has distributed grants to eight organizations in Massachusetts to assist those programs focusing on four areas or assistance.

Area Unemployment Down Sharply in November

Unemployment in Central Massachusetts fell significantly over the past month but is still higher than at this point last year.
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Siemens Signs 15-Year Contract With Cape Wind

Global integrated technology company Siemens, which has operations in Worcester, will supply wind turbines for the planned offshore wind farm off the coast of Cape Cod, known as Cape Wind, according to both companies.

UPDATED: Coakley Urges Pay Reassessment For Non-Profit CEOs

A new report on the compensation of chief executives at large public charities in Massachusetts describes payment arrangements as “complex,” with compensation of CEOs at 25 of the state's biggest non-profits ranging from $487,000 to $8.8 million over a three-year period: 2009 to 2011.
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