Archive for March 2023
After spike in 2021, Cognex CEO’s pay fell 30% last year
Robert Willett, CEO of the Natick-based electronics manufacturer, was No. 12 in the ranking of highest-paid tech CEOs in Massachusetts in 2021. Read More
Read MoreDewpoint inks another Big Pharma partnership to the tune of $745M
Dewpoint Therapeutics’ scientific founder brokered a meeting between his company and Novo Nordisk, resulting in a $745 million deal for the Boston biotech. Read More
Read MoreCEO pay for prescription videogame startup increased 124% last year
The CEO of the first company to receive an FDA approval for a therapeutic video game saw his compensation rise 124% last year, even as the company planned layoffs. Read More
Read MoreCommunity banking veteran Meg McIsaac will serve as Bluestone Bank’s new CEO
McIsaac has served as the president of the community bank since 2020, and is expanding her role after 30 years in the industry. Read More
Read MoreThe FDIC is extending the deadline for bids on the former Boston Private
The auction bidding period for Silicon Valley Private Bank has been moved to Friday, the same day that bids are due on rest of the failed Santa Clara-based SVB. Read More
Read MoreViewpoint: Stunningly high commercial mortgage debt may determine economy, banking sector’s future
As talks about interest rates and deposit guarantees rage on, it could be a bank’s commercial real estate loan portfolio and the borrowers’ ability to pay that could determine the country’s economy going forward. Read More
Read MoreGlobal AI product discovery company moves HQ to Boston
A growing company that helps brands like Microsoft and Lego with their digital “product discovery” experiences is coming to the Bay State. Read More
Read MoreStartups to Watch in AI: 35 companies you need to know
In American Inno’s first-ever Startups to Watch in AI, we spotlight 35 emerging players in artificial intelligence you need to know. Read More
Read MoreOffice developers bet big on Boston’s central business districts
Nine-tenths of the Boston area’s new or renovated office space under construction is in one of its central business districts. That’s an outlier compared to other metro areas. Read More
Read MorePlummeting ridership means looming budget shortfalls for the MBTA
By fiscal 2025, which begins halfway through next year, the T could have shortfalls as high as $139 million, according to its own projections. That doesn’t bode well for the future of Boston. Read More
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