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For the nine honorees in this year’s Providence Business News Chief Financial Officer Awards program, the math is the easy part. But what sets this group of financial executives apart is their impact beyond the numbers.
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4/8/13
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The last few years have not been kind to the insurance industry. The turmoil in the financial markets of the Great Recession challenged all investors, both individual and institutional, especially those that rely on yearly returns to help fund operations, such as property and casualty insurer FM Global.
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By Alli-Michelle Conti
Contributing Writer | 4/8/13 |
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James P. Loring has amassed an impressive list of accomplishments over his career, culminating, at least for the moment, with being the chief financial officer for Amica Mutual Insurance Co. Perhaps equally as impressive – as well as a mind-boggling display of time management – is the fact the 47-year-old has garnered some of these accolades all at the same time.
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By Jenn Salcido |
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When Brian Hennessey was a boy growing up in Fairfield County, Conn., he never wavered much on the path that he wanted to take. He wanted to get into the financial sector, following in the footsteps of his father, an accountant. Hennessey, now 53, can easily recall his father’s advice: “If you’re going to get anywhere in this business, you need to get your letters,” he said, alluding to a CPA license. “I finally started taking him seriously as I moved into adulthood, and I realized he was right about those letters. It makes all the difference in the world.”
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By Jenn Salcido |
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The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd.
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By Kevin Buckland and John Detrixhe |
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CPA and KLR shareholder talks about the company’s work and developing client relationships.
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By Rhonda Miller |
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Webster Bank has named SapientNitro as its marketing agency of record, according to a press release from the bank. The marketing efforts will include research and strategy development, website development, online creative, print and radio advertising and broadcast production. Webster Bank has been working with Sapient Nitro since 2007.
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By Rhonda Miller |
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BETHESDA, Md. – The new ability-to-repay rule on mortgage financing that goes into effect in Jan. 10, 2014 is enormous in scope, so complex that it’s detailed in an 804-page volume, according to the website www.insidemortgagefinance.com
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By Rhonda Miller |
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More credit card holders are paying their bill on time, as shown by the lowest credit card delinquency rate in 18 years, according to the website lowcards.com.
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By Rhonda Miller |
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Several banks in Rhode Island, Massachusetts and Connecticut received “satisfactory” ratings in the Federal Deposit Insurance Corp.’s April list of banks examined for compliance with the Community Reinvestment Act, according to the FDIC.
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By Rhonda Miller |