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W W W. M A I N E B I Z . B I Z 5 A U G U S T 6 , 2 0 1 8 F I L E P H O T O / J O E P H E L A N Kris Doody CEO / Cary Medical Center, Pines Health Services What's changed: I have been appointed CEO for Pines Health Services a Federally Qualifi ed Health Center based in Caribou. I now am CEO for Cary Medical Center and Pines. Pines has fi ve satellite loca- tions throughout Central Aroostook County. I also was named Trustee of the Year by the American Hospital Association after serving on the national board and as a member of the executive committee. I was named CEO of the Year by Quorum Health Resources. Most recently I was name to the Becker Health Care Review as one of the Top 100 Health Leaders in the United States. What's ahead: My plan is to continue serving as CEO for Cary and Pines and to promote the unique and collaborative relationship between our two organizations to better serve patients in northern Maine. I am also very focused on veterans' health care and I am work- ing closely with the VA Health Care System to establish more local, community based health care services for veterans. In recent years we have taken on a major role in addressing the opiate crisis in our rural area and we are doing some landmark work. Advice: Get a mentor and learn from a true leader. Advance your leadership skills and understand that there is only a glass ceiling so that it can be smashed. e future for women in leadership roles in every business and industry and politics is only just beginning. And, yes, you could become president. Never be afraid to think out of the box, but always remember to take the high road. Educate yourself about all aspects of your career interests, including the fi nancial issues. Accept that fact that as a leader you are accountable. e buck truly stops with you. Love what you do and do what you love. In that way your career will not just be a job. It will be a calling. F I L E P H O T O / DAV I D A . RO D G E R S Jean Hoffman Managing member / Q Street Advisors LLC What's changed: Most everything! We sold Putney in 2016 for $200 million. Some of the team members stayed, many have moved on. I was fortunate to be able to leave as of the close. I have made some invest- ments, including in digital health care start-up MedRhythms and in real estate, offi ce and retail space in the Oxford Building on Middle Street. I started to collect antique oriental carpets, which is fascinating. My son graduated from Waynfl ete in 2009, the year I was honored, and now he's about to complete his thesis for his master's in Aquatic Science and Technology in Denmark. My daughter graduated from Waynfl ete this year and is heading to Brown in the fall. What's ahead: I'm looking at joining a couple more boards and some interesting projects come fall, as well as to having even more free time. I worked incredibly hard for many years, while raising two kids. I never missed having time to go out, but I did wish for more time to read, think and enjoy friends and art. I have that now. I'm lucky that my kids and I love to travel together so even with my son living in Europe we go on trips together, sometimes with my brother and nieces and nephew as well. All fi ve kids love to travel. Advice: Same advice to business people of any gender. Focus. Work hard. Read books: "WHO," by Geoff Smart and Randy Street, and " e CEO Next Door," by Elena L. Botelho and Kim R. Powell (I'm quoted). Work on getting the people stuff right. Malcolm Gladwell on being disagreeable. Chart your own course. 2009 August 10, 2009 V O L . 1 3 N O . X X M A I N E ' S B U S I N E S S N E W S S O U R C E $ 1 . 0 0 Feds boost bank loans, spending B y R e B e k a h M e t z l e R A federal program designed to pump cap A federal program designed to pump cap A - ital into the nation's banks has driven up A ital into the nation's banks has driven up Acommercial lending at the four Maine Acommercial lending at the four Maine A banks that collected more than $50 million from the effort. The Capital Purchase Program, created as part of the Targeted Asset Relief Program enacted last fall, was aimed at providing healthy, well-capitalized banks with $218 bil- lion total in additional funds to ensure contin- ued lending. The federal government provided the capital to banks by purchasing non-voting stocks and participating banks agreed to pay a 5% dividend rate per year for the first five years. After five years, the rate jumps to 9%. Steven Ward, senior vice president and CFO of The First Bancorp in Damariscotta, says his bank's total risk-based capital is now above 14%, up from 11% at the end of last year. "In addition to giving us greater ability to weather the current economic storm, it also provides us with more of an opportunity to work with borrowers who are struggling to remain current on their payments," he says. a l s o I n s I d e Continued on page 6 August 10, 2009 V O L . 1 5 N O . 1 7 M A I N E ' S B U S I N E S S N E W S S O U R C E $1.00 p h o t o / dav i d a . ro d g e r s p h o t o / dav i d a . ro d g e r s Private high schools urge better college recruitment of Maine's foreign students; a new program cultivates elite entrepre- neurs; why older learners need laptops, too; and more, starting on page 24. Moveable feast Farmer Penny Jordan takes her radishes on the road, in Newsworthy. Page 3 Mastering domain Michael Gurau on when to value experience, in Venture Builder. Page 23 Hospital chic A Richmond entrepreneur jazzes up the johnny, in New Ventures. Page 30 E D U C A T I O N & T R A I N I N G F O C U S p h o t o s / dav i d a . ro d g e r s ; K r i s d o o dY p h o t o / J o e p h e L a N Visit us online to sign up for Portlandbiz: a weekly e-newsletter from Mainebiz a weekly e-newsletter from Mainebiz a covering the latest goings-on in the greater portland area business community — sent to your inbox every tuesday. tuesday. t sign up at www.mainebiz.biz/portlandbiz. M A N U FA C T U R I N G : Kathie Leonard President and CEO, Auburn Manufacturing Inc. H E A LT H C A R E : Kris Doody CEO, Cary Medical Center N O N P R O F I T : Ruth Libby Executive director, Ruth's Reusable Resources W O M A N - O W N E D B U S I N E S S : Wendy Newmeyer President, Maine Balsam Fir Products S C I E N C E A N D T E C H N O L O G Y : Jean Hoffman President, Putney Inc. C O N S T R U C T I O N : Beth Sturtevant President, CCB Inc. Woman-owned businesses are growing at twice the rate of all U.S. firms, according to the U.S. Small Business Administration. Which made us wonder, "Who, and where, are these burgeoning women business leaders?" Let us introduce you to six of them — remarkable women, respected leaders — starting on page 16. 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