Hartford Business Journal

18 Hartford Business Journal • February 11, 2019 • www.HartfordBusiness.com Movers & Shakers Joe Ercolano has been named state director of the Connecticut Small Business Development Center at the University of Connecticut. Ercolano previously served as vice president for regional economic issues and transportation in Fairfield County for 12 years. In his new role, he will lead a team of business advisors in supporting entrepreneurial and growth companies throughout Connecticut. Kaaren Van Dyke has joined the Hartford Seminary as director of philanthropy, effective Feb. 1. Van Dyke most recently worked for Forestville, Calif., nonprofit Food for Thought as development director. In her new job, Van Dyke will oversee all fundraising efforts within the Seminary, including major gifts, annual fund, planned giving, new donor development, special fundraising initiatives, foundations and grants work and capital campaigns. Todd Navin was hired at Westfield Bank as a senior vice president and commercial loan officer. Navin, who will work out of Westfield Bank's Enfield office, will lead the bank's commercial- lending efforts in Connecticut. He most recently worked at Farmington Bank as a vice president and commercial loan officer. The Greater Hartford Arts Council has appointed a new board of directors president and two new board members. Paul Guzzardi of Deloitte was elected president, and Stephen Jackson, CPA of CohnReznick, and Brian Refici, of The Hartford, were elected to join the board. The MetroHartford Alliance, which promotes economic development in the Greater Hartford region, announced three additions to its staff. Raina Giddings has joined as senior director of investor relations; Jevon Gibb was hired as director of research; and Lisa Lappe is now digital marketing communications manager. David J. Rotatori, president of Naugatuck-based Ion Bank, was named chief executive. Rotatori began his career at Ion Bank, which is opening a Farmington branch, in 1990, and returned in 2009 as senior vice president, chief risk officer and chief administration officer. As chief executive, he succeeds Charles J. Boulier III, who retired. James P. Ryan was appointed associate vice president for integrated marketing communications at Quinnipiac University. Ryan previously developed communications strategies for brands including Pepsi, Heineken and Hewlett-Packard. At Quinnipiac, he will be responsible for advancing marketing- communications across the university. West Hartford accounting and consulting firm blumshapiro has elected four new partners. They include Stephen Fuller, Amber Monaghan, Miryam Wisnicki and Leslie Zoll. The United Way of Central and Northeastern Connecticut announced four recent hires at the nonprofit. Gina Federico has joined United Way as director of the North Hartford Triple Aim Collaborative and associate director of Well Being 360 at St. Francis Hospital; Angela Paydos was hired as the controller; Latonia Tabbis is the senior manager of education initiatives; and Phi Truong was hired as an administrative assistant for the Economic Mobility Team. Gina Federico Phi Truong Latonia Tabbis Joe Ercolano Kaaren Van Dyke Todd Navin James P. Ryan David J. Rotatori Government Total revenue (2016) $89,140,280 Per capita tax $3,544 Total expenditures $85,833,657 Total indebtedness $53,085,250 as % of expenditures 61.8% Annual debt service $6,198,138 Moody's bond rating Aa2 Actual mill rate 36 Net Grand List $2,033,984,990 Housing stock Existing units 8,807 % single unit 66.2% New permits (2017) 3 as % of existing units 0% Residential sales 205 Median price $211,800 Median rent $1,234 Top 5 grand list Company Amount Eversource $93,608,050 Cigna $66,694,610 AMCAP COPACO II LLC $40,748,911 Home Goods $38,338,790 Duncaster Inc. $32,974,990 Town Profile Bloomfield Town Hall address: 800 Bloomfield Ave., Bloomfield CT 06002, 860-769-3504 News around town ■ ■ Heirloom Flats, Bloomfield's newest 215-unit luxury apartment community that debuted barely a year ago, was sold in January to a New York investor for $61 million. ■ ■ The Clean Energy Collective has partnered with C-TEC Solar and the town of Bloomfield to build a 2-megawatt solar array off Bloomfield Avenue that will provide renewable energy to residents, the school district and low- to moderate- income subscribers. ■ ■ Bloomfield's Back East Brewing Co., one of the earliest Connecticut breweries to can its craft beer, recently redesigned the cans of its three core brews: Back East Ale, Misty Mountain IPA and Porter. General Land area (sq. miles) 26 Households 8,463 Median household income $74,107 Poverty rate 6.7% Crime rate (per 100,000 residents) 2,759 Population 2000 19,587 Projected 2020 20,508 Median age 49 Largest age demographic 45-64, 31% Educational attainment (2016) Persons age 25 or older 77% of population High school graduate 28% Associate degree 8% Bachelor's or more 35% Labor Force (Residence) Employed 10,767 Unemployed 632 Unemployment rate 5.5% Places of work Total employers 843 Total employed 19,594 Economics Business profile Sector Units Employ- ment Construction 88 1,002 Manufacturing 73 3,384 Retail trade 67 938 Wholesale trade 59 775 Health care and social assistance 116 2,212 Total government 18 784 Major Employers • Cigna • Home Goods Warehouse • Jacobs Vehicle Systems • KAMAN • Seabury Source: Connecticut Economic Resource Center

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