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n e w h a v e n b i z . c o m | D e c e m b e r 2 0 2 1 | n e w h a v e n B I Z 3 F r o m T h e E d i t o r s Volume 4 • Number 12 • December 2021 New Haven Biz 900 Chapel Street, New Haven, CT 06510 (203)-937-2148 • www.newhavenbiz.com EDITOR Greg Bordonaro MANAGING EDITOR Michelle Tuccitto Sullo STAFF WRITER Liese Klein CONTRIBUTING WRITERS Matthew Broderick Christina Davis Chris Hoffman Jean Falbo-Sosnovich DESIGN DIRECTOR Mitchell Hayes PRODUCTION DIRECTOR Kira Beaudoin PRESIDENT & PUBLISHER Tom Curtin CHIEF EXECUTIVE OFFICER Peter Stanton CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER Mary Rogers DIGITAL DIRECTOR Jan Holder AUDIENCE DEVELOPMENT DIRECTOR Valerie Clark EDITORIAL DIRECTOR - CT Greg Bordonaro NEW HAVEN BIZ (ISSN 2639-605X), is published twelve times annually, 900 Chapel St., 10th Floor, New Haven, CT 06510. Copyright 2018. All rights reserved. Subscriptions: Annual subscriptions are available for $29.95. To subscribe please email circulation@newhavenbiz.com or contact our circulation team at 203-937-2148 ext. 4 New Haven BIZ accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. A division of: New Haven BIZ is a publication of New England Business Media, LLC. A s we prepare to say goodbye to 2021, it is important to say farewell and mark the passing of a key figure in the growth of New Haven Biz. The New England Business Media family is mourning the loss of Michael C. Bingham, a longtime Connecticut journalist who served as New Haven Biz's editor for two years. Bingham, 68, a Stratford resident, passed away on Oct. 29. He joined New Haven Biz in 2018, and he was at the helm when the publication launched its print edition. He oen worked long hours and weekends, a testament to his passion for telling the stories of the region's business community. In recent months, Bingham continued to write articles for the monthly publication. "Michael was a dedicated and talented journalist, deeply committed to New Haven and the region," said Peter Stanton, publisher and CEO of New England Business Media. "As one of the founding editors of New Haven Biz he brought an immense local knowledge, and his storytelling skills were extraordinary. Michael was a real artist at his cra, and will be missed." Bingham had previously started the publication Business New Haven, where he was editor and part owner for several years. He also shared his passion for the field with aspiring journalists as a journalism professor at both Southern Connecticut State University and Sacred Heart University. As we mourn the loss, we continue Bingham's dedication to storytelling and journalism. In this issue, we chat with Gonzalve Bich, the CEO of manufacturing giant BIC, about what's coming up for the company. Another story spotlights Massachusetts-based Berkshire Bank's expansion into New Haven and southern Connecticut. We have started a regular feature on interesting economic development projects around the region. is month, we highlight Cheshire and plans to transform the town's Ball & Socket Manufacturing complex into an arts and entertainment district. Also in this issue, read on for a story about how the supply chain crisis is impacting Connecticut businesses. Please contact us with your story ideas and feedback. We hope you enjoy this issue, and have a happy, healthy and prosperous 2022. n Michelle Tuccitto Sullo, Managing Editor msullo@newhavenbiz.com Greg Bordonaro, Editor gbordonaro@newhavenbiz.com Saying farewell, looking forward 4 | Around the Region 5 | By The Numbers 6 | Small Biz Spotlight 7 | Startups, Technology & Innovation C o n t e n t s Michelle Tuccitto Sullo T H E L I S T S 19 | Largest Accounting Firms Greater New Haven 20 | Largest Accounting Degree Programs in Connecticut newhavenBIZ 15 | Corner Office 26 | What's the Deal? 27 | C-Suite 27 | Biz Starts 8 | On the Record Manufacturing giant BIC branches out from lighters, shavers and pens. 10 | Town Spotlight Redevelopment aims to give Cheshire a coveted arts, entertainment district. 12 | Market Jump Berkshire Bank begins southern Connecticut expansion. 16 | Focus: Accounting Accounting firms get creative to attract, retain talent. 17 | Focus: Accounting Yale's $7 billion capital campaign reflects shis in nonprofit fundraising focus. 21 | New Reality New Haven-area manufacturers anticipate long-term impacts from supply chain crisis. 24 | Fintechs: Friends or Foes? Some banks embrace digital competitors. F E A T U R E S D E P A R T M E N T S Greg Bordonaro 8 12 21