Worcester Business Journal

August 16, 2021

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wbjournal.com | August 16, 2021 | Worcester Business Journal 3 Editor, Brad Kane, bkane@wbjournal.com Senior Staff Writer, Monica Benevides, mbenevides@wbjournal.com (Manufacturing, higher education, diversity & inclusion) Staff Writers Katherine Hamilton khamilton@wbjournal.com (Real estate, health care) Sloane M. Perron perron@wbjournal.com (Banking & finance) Contributors Susan Shalhoub, Livia Gershon Photgraphers Matt Wright, Edd Cote Lead Researcher, Timothy Doyle, tdoyle@nebusinessmedia.com Research Assistant, Heide Martin, hmartin@nebusinessmedia.com Production Director, Kira Beaudoin, kbeaudoin@wbjournal.com Art Director, Mitchell Hayes, mhayes@wbjournal.com Senior Accounts Manager Christine Juetten, cjuetten@wbjournal.com Senior Special Accounts Manager Mary Lynn Bosiak, mlbosiak@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com COO, Mary Rogers, mrogers@nebusinessmedia.com Accounting Assistant, Rae Rogers, rrogers@nebusinessmedia.com Account Receivable Specialist, Patty Harris, pharris@nebusinessmedia.com Human Resources, Jill Coran, jcoran@nebusinessmedia.com Director of Audience Development, Valerie Clark, vclark@nebusinessmedia.com Operations Assistant, Leah Allen, lallen@nebusinessmedia.com Publisher, CEO, Peter Stanton pstanton@nebusinessmedia.com Associate Publisher, Mark Murray mmurray@wbjournal.com President, Tom Curtin tcurtin@hartfordbusinessjournal.com Worcester Business Journal (ISSN#1063-6595) is published bi-weekly, 24x per year, including 4 special issues in May, September, October, and December by New England Business Media. 172 Shrewsbury St., Worcester, MA 01604. Periodicals postage paid at Worcester, MA. Copyright 2019. All rights reserved. Postmaster: Please send address changes to: Worcester Business Journal, PO Box 330, Congers, NY 10920-9894. Subscriptions: Annual subscriptions are available for $54.95. For more information, please email wbjournal@ cambeywest.com or contact our circulation department at 845-267-3008. Fax: 845.267.3478 Advertising: For advertising information, please call Mark Murray at 508-755-8004 ext. 227. Fax: 508-755-8860. Worcester Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Worcester Business Journal 172 Shrewsbury Street, Worcester, MA 01604 508-755-8004 tel. • 508-755-8860 fax www.wbjournal.com Worcester Business Journal WBJ E very year for WBJ's 40 Under Forty awards, I break the winners into about 10 groups, and we go on photo shoots all over Central Massachusetts, with the locations tied together under a loose theme. When this option was denied to us last year in the midst of the heavy (and neces- sary) social distancing restrictions surrounding the coronavirus, we instead themed the issue around the pandemic. is year, when I was planning out the photo shoots in the spring, it seemed the region was on the cusp of beating back COVID-19. e vaccination rate was soaring, the numbers of new cases and deaths were falling, and the mask and social distancing regulations were liing. With a post-pandemic economy in sight, I planned the 40 Under Forty theme around the reopening of Central Massachusetts, arranging photo shoots at gathering places and restric- tion-free amenities like bars, a baseball stadium, the airport, a gym, etc. Aer confirming all the winners would be comfortable gathering maskless in small groups, I draed emails to the Class of 2021 to tell them of the post-pandemic I N T H I S I S S U E theme. Right when I was about to send out the emails, though, I hesitated and modified the theme to say "post(ish)-pan- demic world." I didn't want to jinx the positive momentum the region seemed to be riding. at didn't work. Back in May, the idea of a 40 Under Forty issue full of pictures of profession- als gathering in fun settings felt like it would be a celebration of life, following everything we all endured in the last 18 months. Today, when I look at those same pictures, I still sense a celebration of all these 40 amazing people have accom- plished in their short careers. Yet, as the Delta variant surges and vaccine hesitancy is leading to case spikes around the na- tion, I also sense a regret over what could have been. A post-pandemic world feels far too elusive now. e pandemic has been tough, and it's far from over. Still, we have plenty to celebrate. is 40 Under Forty edition may not have been the celebration I ini- tially envisioned, but it remains full of high achievers who should give us all hope for the future. – Brad Kane, editor e post(ish)-pandemic 40 Under Forty N E W S & A N A LY S I S 5 Central Mass. In Brief 17 Focus on the 40 Under Forty 40 The List: Highest-paid CEOs 41 Column: Outside the Box with Bonnie J. Walker 43 Know How 45 Opinion 46 Shop Talk: The O Shop 6 The human shortage Low wages and stressful jobs are widening the labor shortage at human services nonprofits. 9 Almost fully banked The legal cannabis industry has moved beyond its cash-only beginnings, but social stigma hampers its financing options. 13 Workforce prep Vocational schools have become magnet programs but aren't necessarily feeding students straight into the workforce. W Member FDIC For more information, contact: Peter Staiti, First Vice President Commercial Lending Center Manager 508.957.1108 Peter.Staiti@RocklandTrust.com RocklandTrust.com/Worcester A relationship your business can rely on. Now with three branches across the greater Worcester area, and a dedicated commercial lending center – our team is ready to support your business. 193 BOSTON TURNPIKE SHREWSBURY 967 GRAFTON ST WORCESTER 301 GROVE ST WORCESTER 100 FRONT ST WORCESTER D E P A R T M E N T S A division of:

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