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Albany Times-Union- First Niagara provides financing for Danbury’s Public Power

First Niagara provides financing for Public Power

First Niagara Financial Group announced that it has completed $8 million in additional financing with Public Power, a Danbury-based licensed electricity and gas provider, bringing the company’s total financing package with the bank to $33 million. First Niagara is providing a $5 million term loan to expand Public Power’s existing operations in Connecticut. They are also providing a $3 million increase to the company’s existing $25 million line of credit which will be used to meet Public Power’s seasonal needs, as electricity usage continues to rise throughout the summer. Public Power was acquired in 2009 by CEO Bob Gries following the deregulation of electricity and gas in many states.

Read more: http://www.stamfordadvocate.com/news/article/First-Niagara-provides-financing-for-Danbury-s-3475683.php#ixzz1rr5CJXxi

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New Haven Independent- “Future Leaders” Groomed For Principal Jobs

BY MELISSA BAILEY

Melissa Bailey Photo

Melissa Bailey Photo

As it looks to fill up to six vacancies for principals next fall, New Haven is turning to a new “pipeline” of homegrown leaders like Tara Cass and Jamie Baker.Cass and Baker are among the five “residents” training to be school leaders this year through a new partnership between New Haven Public Schools and Achievement First charter schools.

They showed up to the school board Monday night at 54 Meadow St. to hear about how the selection process will go for vacancies in school leadership—and how their program got a first-in-the-state approval as an alternative route to becoming a principal.

Cass and Baker are among the first class of New Haven educators to undergo a new training this year, where they spent five months at an Achievement First charter school and will spend another five training with a top principal in the New Haven district. As they near the end of their studies, they’re looking ahead to the goal of the training—to become an assistant principal or principal of their own school.

Cass (at center in top photo) was one of 50 people from inside and outside of the district to apply to become a principal in New Haven next year. The district has four to six openings, according to school reform czar Garth Harries. Two of those spots will be left open by the retirement of two star principals, Bonnie Pachesa and Gina Wells, who transformed the Edgewood and John C. Daniels schools. Spots have also opened up at East Rock Magnet School and Hill Regional Career High. If the district goes through with a creating another turnaround school next fall—as it aims to do, if it can get consent from the teachers union —one or two more principal jobs may open up.

Harries estimated there will be up to six openings for assistant principals next year, too. Baker was one of 150 applicants for those jobs.

New Haven has been training educators like Baker and Cass as it puts a new focus on talent development as part of a citywide school reform effort that’s now in its second year.

“We are convinced that the vast majority of future leaders will come from inside” the district, Harries said.

The district in 2010 rolled out a new, “pipeline” to help make that happen, explained Gemma Joseph-Lumpkin, executive manager of leadership development for the New Haven Public Schools, in a presentation before the board.

A total of 40 educators are getting trained in three groups. The training is now all privately funded, thanks to grants from the Buck Foundation and First Niagara Bank.

 

At the first step are teachers like Richard Fazzuoli and Dina Secchiaroli (pictured). They’re part of a team of 15 “future leaders” who are training together this year. Fazzuoli teaches 5th grade at Lincoln-Bassett School. Secchiaroli is a literacy coach at the Sound School Regional Vocational Aquaculture Center. The training is designed for new grade or team leaders seeking more responsibility. As part of the training, they’re learning how to coach other teachers not just in their fields of expertise, but across disciplines. 

At the second step are 10 experienced teachers who know how to coach other teachers and are ready to become assistant principals. At the third step are 15 “high-potential leaders”—which includes assistant principals like Hill Central’s Lillian Fontan (pictured) aspiring to run their own schools, as well as the five residents working with Achievement First.Fontan said she applied for a job as a principal next year. Applications for assistant principals and principals were reviewed in March; the district aims to notify those who didn’t make the first cut by April 13, along with the reason they weren’t chosen, so they can work on weaknesses.

First-round interviews with top district officials and school leaders take place from April 23 to May 3, with more feedback to those who aren’t chosen for the job.

Superintendent Reggie Mayo will get the final say in who’s hired. He will conduct a final round of interviews in May. Parent groups will have input on the choices between May 7 and 11, according to Lumpkin.

The goal is to choose 90 percent of new school administrators by May 31 so that they can get a jump-start on the year. That’s a significant advantage that many principals don’t get. Peggy Moore, for example, was transferred to Wilbur Cross High School at the last minute to fill a vacancy there.

New principals will get the chance to get started at their new schools early, from June 4 to 30. After school lets out, they’ll go to a one-to-two-week “boot camp” over the summer to get ready for their new jobs.

The new system aims to give a lot more support to new and existing principals—the fourth and fifth stages of the leadership “pipeline.”

Superintendent Mayo said the pipeline proved fruitful in its inaugural 2010-11 school year. Four out of six vacancies for principals were filled by internal candidates groomed in the pipeline: Frank Costanzo and Nadine Gannon at Co-op High and King/Robinson; and Medria Ellis-Blue and Michael Connor, who took over at the Engineering & Science University Magnet School (ESUMS) and the Augusta Lewis Troup School. 

An On-The-Ground OK

The most applauded teacher training program Monday was the one that’s run in conjunction with Achievement First.

Lumpkin announced some good news: The residency program will become the state’s first-ever alternate route to certification for administrators.

That means that instead of taking classes at a state college to earn enough credits for the state’s Intermediate Administrator or Supervisor Certification (commonly referred to as “092”), next year’s residents will be able to get that certificate through New Haven’s on-the-ground program.

New Haven’s residency throws aspiring principals into leadership positions at schools; they set goals for themselves and support their learning with weekly seminars and one-on-one coaching. It’s a much more on-the-ground type of learning than the traditional 092 route, Harries said.

The news won’t affect current residents like Jenny Clarino, who had to get their 092’s before they began their year. The certificates allow educators greater power, including evaluating teachers and disciplining students.

The state already lets some outside groups, most commonly Teach For America, offer alternate routes to traditional teacher certification; New Haven’s program will be the first one that offers a similar process for aspiring administrators.

“It warmed my heart” to hear that news, said board member Alex Johnston. As the former head of the New Haven-based ConnCAN education watchdog group, Johnston lobbied the state for legislation that paved the way for the alternative certification for administrators.

He called New Haven’s residency program “powerful and different.”

“I hope this is something that other districts can look to,” he said.

Funny you should say that, replied Lumpkin: Denver Public Schools officials are due to visit Tuesday to take a look at the program. Boston’s district has also expressed interest in emulating it. And the residency program is soon due to expand to Bridgeport and Hartford, she said.

Harries said the program will expand on a small scale, with two or three residents in each of those cities. The other districts will partner with Achievement First and come up with their own funding.

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Connecticut Post- First Niagara targets Q4 for Completion of Stamford Branch

BY RICHARD LEE

First Niagara Financial Group is solidifying its presence in Stamford with plans to move its Summer Street branch into a new building under construction at 2386 Summer St.

The bank, which has $33 billion in assets and $19 billion in desposits, expects to relocate staff at its branch at 550 Summer St., to the new address in the fourth quarter. First Niagara will be the owner and sole occupant of the new building, which is being constructed by KBE Building Corp., in Farmington.

Located south of the IHOP restaurant, the building will comprise nearly 3,000 square feet.

“It will provide easier access for our customers, including ample parking and drive-up services, unlike our current location,” said Karen Crane, spokeswoman for the bank, headquartered in Buffalo, N.Y.

The branch at 550 Summer St., which has a half-dozen employees, was originally a Cornerstone Bank branch and later became a NewAlliance Bank facility. First Niagara took control of the branch after it acquired NewAlliance in 2010.

First Niagara has been active in Stamford, opening a 3,200-square-foot branch last month at 721 Canal St., as part of the Building and Land Technology’s Harbor Point development.

“With the opening of the new Harbor Point branch, the relocation of our Summer Street branch closer to the Bull’s Head section of the city enables us to provide broader service coverage to the Stamford community,” Crane said, “and is part of our strategic focus to increase our visibility in Stamford and lower Fairfield County, a key growth market for us.”

Getting a bank in the South End Neighborhood Revitalization Zone was an important achievement, said Jack Condlin, president and chief executive officer of the Stamford Chamber of Commerce.

“They (First Niagara) have made a major commitment to the city. It’s an indication that Stamford is a strong business community, and banks want to be here,” he said, noting that Summer Street is the home of several banks. “The banking industry wants to be located in areas that are growing.”

First Niagara is under represented in the city, said John Carusone, president of the Bank Analysis Center in Hartford, adding that now they’re implementing their strategy to develop a presence in major financial centers across the state.

“They made a $1.5 billion commitment to the state when they bought NewAlliance Bank,” he said.

Read more: http://www.stamfordadvocate.com/news/article/First-Niagara-targets-Q4-for-completion-of-3462794.php#ixzz1rGx91ZaC

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New Haven Register- Connecticut Innovations puts $269G into BioRelix

BY LUTHER TURMELLE

Connecticut’s quasi-public authority in charge of technology investments has made its second investment in the last four months in a New Haven-based company developing antibiotics.

Officials at Connecticut Innovations said Tuesday it has invested $269,160 in BioRelix Inc.

The latest investment in the company comes on the heels of $500,000 worth of funding BioRelix received from CI in December.

CI’s latest investment in BioRelix was part of a $2.5 million funding round the company received.

“We are very pleased that Connecticut Innovations continues to invest in our efforts and support the development of new medicines here in New Haven,” said Brian Dixon, chief executive officer of BioRelix.

“The ongoing support from our current investors has been critical to our progress in advancing potential new antibiotics through the research and development process.”

The antibiotics BioRelix is developing involve the use of riboswitches, which are short stretches of messenger ribonucleic acid that bind small molecules and control genes that are essential for the survival of many human pathogens.

The company’s most advanced effort is an antibiotic for a hospital-acquired infection.

Claire Leonardi, chief executive officer and executive director of CI, said the agency’s second investment in BioRelix “demonstrates our confidence in the company’s innovative antibiotic platform.”

BioRelix’s staff includes several scientists that formerly worked at Bayer Pharmaceuticals and Yale University. BioRelix also is involved in a research collaboration with a subsidiary of Merck & Co. to identify new antibacterial drug candidates.

Call Luther Turmelle at 203-789-5706 or follow him on Twitter @LutherTurmelle.

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The Day- Education debate isn’t over

EDITORIAL

The legislature’s Education Committee dealt a serious but not fatal blow to the education reform effort by eliminating or watering down key elements of Gov. Dannel P. Malloy’s plan. The governor now faces the challenge of finding a path to achieve his major goals while providing cover for skittish lawmakers.

We are particularly disappointed that Sen. Andrea Stillman, the Democrat from Waterford and co-chair of the Education Committee, was unwilling to buck the two teacher unions. Gov. Malloy wanted to link teacher evaluations to achieving and maintaining tenure and in some degree to compensation. While leaders of the teacher unions had agreed to an evaluation system, they complained the governor’s proposals linking it to tenure and pay lacked adequate protections.

Sen. Stillman, whose district includes New London and its struggling schools, tells us she had held out hope the governor and union leaders would reach a compromise that satisfied the governor’s desire for greater accountability and the unions’ concerns about assuring fairness. Failing that, and with a deadline to report out of committee, Sen. Stillman and co-chair Rep. Andrew Fleischmann opted for the common refuge of indecisive legislators – they called for a study.

The senator said she sees that as a placeholder, providing an opportunity for the governor to find compromise with the unions. But the committee has made the governor’s task more difficult. Had the committee approved the bill with the evaluation/tenure provision intact, the teachers would have been motivated to compromise on the issue, but not now.

Yet the governor still has tools. His reforms are more popular among legislators from the state’s large urban centers with their troubled schools. He will need those votes. And the governor has the veto and should not hesitate to use it if this empty shell of a reform plan reaches his desk.

The bill, approved 28-5 by the committee, also reduced the increase in funding Gov. Malloy proposed for the state’s 17 charter schools. These schools are largely performing well and deserve funding level with traditional public schools, but teacher unions fear the competition they provide. The committee reduced from 25 to 10 the number of poorly performing schools that the commissioner of education could aggressively intervene in to get them turned around. It also removed the authority the commissioner sought to make major personnel changes in such schools.

There was some good. The substitute bill adds 1,000 poor children to preschool programs, up from the governor’s plan of 500. And it better incorporates principals into the evaluation process. Many of the plan’s elements survived, but unfortunately not the key ones.

A profile in courage this was not.

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Auggie V’s Green Blog- Aquarion Water Searches For Eco Rock Stars

Company continues statewide search for environmental champions

As the May 1st deadline for its second annual Environmental Champion Awards approaches, Aquarion Water Company asked us to remind schools, businesses, environmental organizations and the general public that nominations are still being accepted for outstanding voluntary achievements to protect and restore Connecticut’s natural environment. 

The Aquarion Environmental Champion Awards will select a winner in four categories: Student, Adult, Non-Profit Organization and Business.  Nominations can be made for volunteer projects that have significantly contributed to the improvement of environmental quality through the protection, conservation, restoration or stewardship of Connecticut’s water, air, soils, and plant and wildlife habitats.  Awards will be given to projects that demonstrate a high level of achievement and create sustainable or reproducible results

“There are a multitude of individuals and organizations from across the state doing great work to help Connecticut’s environment,” noted Charles V. Firlotte, CEO of Aquarion Water Company.  “We have received some excellent nominations so far and we hope even more people will nominate themselves or a colleague for their environmental efforts before the May 1st deadline.”

Aquarion will honor winners on June 2nd at a major event to be held at Connecticut’s Beardsley Zoo in Bridgeport.  U.S. Senator Richard Blumenthal will participate in presenting the awards, as will Daniel Esty, Commissioner of the Connecticut Department of Energy and Environmental Protection and John DeAugustine, Group Publisher for Hearst Media Services of Connecticut. Awards will include a $1000 savings bond for the student winner and $2500 contributions to an environmental non-profit organization selected by the winners in the adult, non-profit organization and business categories.

Self-nominations are welcome.  More information on the awards and a nomination form are available at www.aquarionwater.com or www.facebook.com/aquarionwater.

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GBPR Presents on Social Media at Connecticut Assisted Living Association’s Annual Conference

New Britain-based company provides tips and best practices for  navigating the social media landscape

New Britain, CT (March 23, 2012) – Gaffney Bennett Public Relations (GBPR) presented to the Connecticut Assisted Living Association (CALA) members on March 1, during the association’s 17th annual conference and trade show, “Our Strength is Our Flexibility: We’re Redefining Aging.”  The topic of GBPR’s presentation was “Making Social Media Work for You.”

For their presentation, GBPR principal Patrick Kinney and PR associate Justin May discussed the evolution of communications channels used by businesses, from traditional media and direct mailers, to building a web presence and taking advantage of social media.

“A press release to the most widely read daily newspaper, or a direct mailer targeted at potential clients, used to be all you needed to enhance your company’s visibility and tell your story,” said Kinney.  “With the growing popularity of social media, that is no longer the case.  Smart companies are now employing a variety of channels to get their message out.”

GBPR went on to discuss how assisted living communities could use social media, including Facebook, Twitter, and YouTube, to benefit their operations.

“User statistics show that more people are turning to platforms such as Facebook and Twitter to get their information, so companies have to be serious about making social media a priority,” said May.  “You don’t need to be everywhere, all the time, but you do need to have a strategy and a knowledgeable staff member or outside agency dedicated to monitoring and responding to followers on the platforms where you have a presence.”

To learn more about GBPR’s social media capabilities, please visit www.gbpr.com or call 860-229-0301.

About Gaffney Bennett Public Relations:

Gaffney Bennett Public Relations (GBPR) is a full-service public relations and strategic communications firm based in New Britain, Connecticut. The firm’s in-house expertise includes public opinion research and grassroots campaign management as well as social media and online communications capabilities. GBPR services a number of industries including healthcare, financial services, energy/utilities, real estate/property development, technology, manufacturing, non-profit and trade associations

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The Daily Stamford- Fundraiser Nets Over $135K for Stamford Group

BY ANTHONY BUZZEO

STAMFORD, Conn. — The Boys and Girls Club of Stamford received more than $135,000 at its annual spring fundraiser, a press release said.

The fundraiser, “City Chic,” brought elected officials, local celebrities and many others to the Sheraton Hotel in downtown Stamford to help support the programs of the club. Entertainment included a silent auction and the jazz styling’s of Kelly Mittleman, the release said.

In addition to helping support the Boys & Girls Club, the March 15 event also honored the Family of Mary and Frank Rich Sr., as the Guardian of the Community Award, and Boardroom Inc., with the Corporate Partnership Award for their generosity toward the club, the release said. 

Back Row: Mike Cotella, Vincent Kiernan and Christine Larsen; Middle Row: Sue Rich, Marjory Abrams and Karyn Ward; Front Row: Jake and Eddie Verduzco, Citlali Capetillo and Ahhsha Crooks at the 2012 “City Chic” event for the Boys and Girls Club of Stamford.
 
Photo credit: Courtesy of Star Quality Video
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Journal-Inquirer- State grant supports music streaming platform

BY NATHAN MAIR

A Glastonbury company has received $150,000 in financing from Connecticut Innovations to support developing and marketing its products, which include an innovative music-streaming platform.

The company, Raditaz LLC, developed an Internet-based music-streaming platform with unique features it believes will differentiate it from other Internet radio providers. It will allow listeners to customize the music they listen to, create their own custom stations, rate songs, and share them with friends via email, Twitter, and Facebook.

One other feature that the Raditz platform offers is the ability to tag a station with descriptive words or geographic data, the company said. Listeners are then able to explore music based on their personal interests and on trending stations in geographic areas.

“We’ll be able to deliver much more relevant advertising to people based on where they are and what their preferences are,” said Tom Brophey, founder and chief executive officer of Raditaz.

The company’s music platform is currently on iPhones, iPads, iPods, Android phones, and on the web. The platform will also be accessible across a variety of devices including computers, smartphones, tablets, Internet-enabled televisions, automobile dashboards, and audio equipment.

“Raditaz is an innovator in the online music sector, building on current streaming music technologies and innovating to enhance the user experience, said Charlie Moret, CI managing director of business development. “We are excited to support a company like Raditaz, that is at that is at the intersection of streaming music and social networking.”

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Connecticut Post- Aquarion promotes key executives with merger experience

BY ROB VARNON

In an industry that’s going through major and rapid consolidation, Aquarion Water Co. is intent on keeping key executives who have helped the Bridgeport utility acquire 27 companies in a year.

On Monday, Aquarion President and Chief Executive Charles V. Firlotte announced Newtown resident Donald J. Morrissey, the company’s chief financial officer, was promoted from vice president to executive vice president; Westport resident Doug Kniffin, chief information officer, is now a vice president; and Lucy Teixeira, of Trumbull, was made a vice president to go along with her duties as head of Aquarion’s customer services and human resources.

All three could post impressive resumes from last year’s activities alone, joining Firlotte in acquiring and consolidating 27 water systems in Connecticut, adding 10,000 customers. They’ve already announced two in 2012.

Ron W. Black, president of Water Systems Solution and Design Inc. in Watertown, said consolidation is happening nationally and is a logical progression for the industry.

Black, who with his father bought and ran water companies in Connecticut for 40 years, said regulatory requirements and the cost of upgrading systems are just too expensive for a small system to bear.

“It just makes sense for these small companies to consolidate,” he said, adding Aquarion has kept him on to operate the system and move forward with improvements. “My experience with them has been good.”

Having a team of executives with experience in acquisitions and mergers is valuable in the water industry, he noted. “We have thousands of small water companies,” he said.

Paul Timpanelli, president and chief executive of the Bridgeport Regional Business Council, said the three Aquarion executives and the company they work for are well respected.

“They’re critical,” Timpanelli said. “Morrissey is a great finance guy and Kniffin is a great IT guy.”

According to Aquarion, Morrissey, a certified public accountant, joined the company in 1995. One of his key assignments was to execute the company’s regulatory and acquisition strategies. He holds degrees from University of Connecticut and New York University.

Aquarion hired Kniffin in 2006, where he has covered all aspects of the company’s IT strategy, operations, development and security, and purchasing operations. He created company’s first Business Operations and Disaster Recovery plans. He’s a graduate of Franklin and Marshall College and Columbia University.

Teixeira joined Aquarion in 1990 and has worked in a number of departments. As the company has expanded, her role has become more demanding, but the company noted Aquarion was ranked as one of the top places to work in Connecticut in a survey conducted by Hearst Connecticut Newspapers. She’s a graduate of Fairfield University.

The American Water Works Association said consolidation is just a part of the industry and the pace is expected to somewhat fall this year with 20 percent of respondents saying they expect a merger to happen.

Donald E. Gibson, Dean of Fairfield University’s Dolan School of Business and a professor of management, said these types of promotions are more rare than they used to be, which underscores how valued these executives are.

“Organizations have been flattening, which reduces opportunity for promotion,” he said.

The promotions also indicate the water companies are no longer staid organizations, Gibson said. “They’ve entered the competitive market place and you have to compete for talent.”

http://www.ctpost.com/news/article/Aquarion-promotes-key-executives-with-merger-3403872.php#ixzz1p60LdH7D

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