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n e w h a v e n b i z . c o m | F e b r u a r y 2 0 2 1 | n e w h a v e n B I Z 29 Newman's Own announces C-suite changes Newman's Own Inc., the Westport-based food company founded by the late actor Paul Newman, has a new president and CEO, David Best. The company, which gives 100 percent of its profits to charity, is well-known for its products, which range from salad dressing to frozen pizza, cookies, beverages and pet food. Its board of directors elected Best, 52, who has been at the company for nine years. Prior to his promotion, he had served as president and chief operating officer since 2015. During Best's career, he also has had leadership positions at companies such as General Mills, Atkins and Unilever. Guilford Savings Bank names two to leadership roles David Finnerty has been promoted to the role of executive vice president and chief operating officer at Guilford Savings Bank. Finnerty originally joined the bank in 2015 in the role of senior vice president, senior operations officer. In his new role as COO, Finnerty is responsible for the daily operations and functions of the bank, including banking and lending operations, facilities and security, cash management, project management, and process improvement. Shalonta Ford has been promoted to vice president of retail banking and diversity, equity and inclusion officer. Ford has been with the bank since 2016 in various leadership roles. She will work with the executive team to ensure the attraction, development and retention of diverse talent. Both took over their new positions on Jan. 1. Shoreline real estate firm makes staffing changes Page Taft-Christie's International Real Estate's executive vice president and former brokerage owner, Karen Stephens, has decided to transition from her management role to expand her career as a Realtor. Meanwhile, Matt Healy will succeed her in the branch executive position for the business' Madison, Guilford and Essex offices. Stephens has also served as executive vice president for Page Taft's partner company Randall Realtors. Her sales career began at Page Taft's Guilford office about two decades ago, and she took over the leadership of the company in 2005. She will continue to work out of the company's Guilford office. Healy joined Page Taft in 2015 after a career as a full- time firefighter. He has served as a Realtor, professional development leader and most recently, as sales manager. The agency has offices along the shoreline and Connecticut River Valley. ReNetX Bio's new board member to add financial know-how ReNetX Bio Inc. of New Haven, a privately held, clinical-stage company working to help patients suffering from central nervous system disorders, has added Sean Cassidy to its board of directors. Cassidy is chief financial officer of Arvinas, where he has negotiated and closed multiple license and collaboration agreements with pharmaceutical companies including Merck, Genentech, a subsidiary of Roche, Pfizer and Bayer Pharmaceuticals. Cassidy, who has two decades of experience in the life science industry, led Arvinas' initial public offering in 2018. Cassidy has had various leadership roles at biotech companies, including CuraGen and 454 Life Sciences. Trumbull sales and mareting firm announces C-suite appointments HPOne, a Trumbull-based Medicare and health insurance sales and marketing company, has added three key executives. Jon Pedersen is the new chief financial officer, and Vineel Katipally has been named chief technology officer. They join the C-suite with new Chief Marketing Officer Keira Krausz, who was named to the position in late 2020. All three report to founder and CEO Bill Stapleton. QU taps familiar face for new public safety chief Quinnipiac University has picked New Haven Police Chief Otoniel Reyes to serve as chief of its department of public safety. Reyes recently announced his plans to retire from the New Haven Police Department after a 21-year career there. According to Quinnipiac, Reyes will transition to his new role at a date convenient to both the city and university. Schenck joins KeyBank's commercial banking team KeyBank recently hired Albert M. Schenck as a senior relationship manager. In this position, Schenck is responsible for managing new and existing relationships with middle-market commercial clients. Schenck spent the last 12 years with Wells Fargo as a senior relationship manager in Connecticut. He has also previously worked at Webster Bank, The Bank of New York, and The Chase Manhattan Bank. n C - S U I T E David Best Offshore wind a good bet for CT In Connecticut, a redeveloped State Pier will be one of these thriving ports and deliver local, regional and national economic and climate benefits. e state was an early-mov- er by recognizing its once-in-a-lifetime opportunity to be an epicenter for this new U.S. industry, with State Pier playing a critical role. Make no mistake, the competition is fierce. For example, New York recently announced a 2,500 megawatt offshore wind procurement that includes trans- forming the South Brooklyn Marine Terminal and the Port of Albany into large-scale offshore wind working industrial facilities. Built more than 100 years ago, State Pier is an underuti- lized state asset that has been in disrepair and in need of modernization for decades. rough a public-private partnership with Ørsted and Eversource, the companies will be covering a significant portion – $77.5 million – of the project costs for infrastruc- ture improvements at State Pier that will transform it into a modern facility and, most importantly, give it heavy-li capabilities. It will serve as a premier staging and assembly port for Ørsted and Eversource's Northeast offshore wind projects, which include Revolution Wind, a 704 megawatt project that will deliver 304 megawatts of clean energy to Con- necticut and 400 megawatts to Rhode Island – enough to power nearly 350,000 homes across both states. At the same time, State Pier will continue to support oth- er existing long-term breakbulk operations for steel, lum- ber, salt and other cargoes. During Ørsted and Eversource's 10-year lease period, we will market the facility for other cargo when it is not used for offshore wind. On the regional level, Connecti- cut will benefit for decades to come from this enhanced state asset that creates jobs and provides economic development opportunities. e State Pier redevelopment project is expected to deliver more than 400 construction jobs. Ørsted and Eversource's offshore wind project over the next decade will create thousands of new, skilled jobs, including construction positions and indirect and induced jobs. e redeveloped State Pier will also serve as an asset to New En- gland, facilitating decades of future growth long aer off- shore wind. Its reconfiguration significantly increases State Pier's addressable market through its heavy-li capabilities and enhanced footprint. From a national perspective, State Pier and the wind projects it supports will spur the creation of a sustainable new industry and a significant opportunity to cut carbon emissions. When it comes to State Pier, we must not lose sight of the endgame. Gateway is excited to be part of the team that is transforming State Pier into a dynamic engine driving a significant new industry for Connecticut. Gov. Ned Lamont and the state had the early vision to invest in the State Pier's infrastructure. We are eager to see the project continue to advance to ensure that Connecticut can realize the economic and environmental benefits that will come from an upgraded port facility and the offshore wind industry. n Matthew Satnick and Philippe De Montigny are the co-CEOs of Enstructure, the parent company of Gateway Terminal. V I E W P O I N T By Matthew Satnick and Philippe De Montigny W ith the new Biden administration comes an aggres- sive climate plan that includes building several new offshore wind farms to help reach the country's goal of a carbon-free electric sector by 2035. Currently, the United States has more than 28 gigawatts of offshore wind in development. According to the Department of Energy, offshore wind has the potential to generate more than 2,000 gigawatts of clean, renewable power per year, nearly double the nation's current electricity use. Our company, Massachusetts-based Enstructure, owns and operates a network of dry, liquid and breakbulk termi- nals and logistics assets on the East Coast and Inland River System of the U.S., including two right here in Connecticut – Gateway Terminal in New Haven and New London at State Pier. We are constantly evaluating smaller, niche ports across the country as we expand our business. We have seen first- hand the challenges that many of these ports face as they struggle to compete for traditional cargo opportunities. Offshore wind has established itself as a proven industry globally, bringing new jobs, clean energy and revitalized in- frastructure to ports across Europe and Asia. As the indus- try continues to advance domestically, it will create tens of thousands of skilled jobs and a robust national supply chain will emerge, revitalizing ports up and down our coasts. Matthew Satnick Phillippe De Montigny David Finnerty Shalonta Ford Karen Stephens Matt Healey Otoniel Reyes

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