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n e w h a v e n b i z . c o m | J a n u a r y 2 0 2 2 | 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 5 • Number 1 • January 2022 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 Chris Hoffman Norm Bell 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 new year means a fresh start and an opportunity to focus on change. As we head into 2022, New Haven Biz is spotlighting five individuals from the region with big plans for the upcoming year. Our "5 to Watch" feature includes area leaders in entertainment, banking, manufacturing, biopharmaceu- ticals and theater. In 2022, they are focused on key goals like expansion, forging new partnerships, launching new services, scoring key contracts and attracting more customers. Read on to learn more about how they are likely to make headlines in 2022. Also in this issue, we spotlight how real estate de- velopers are responding to the desire of some empty nesters to sell their homes and move to urban areas that offer more leisure and entertainment options. In another feature, you can read about how local community lenders are launching digital banks to adapt to consumers, including businesses, that prefer digital transactions. We also have a story about AdvanceCT, the state's nonprofit business-recruitment arm that recently moved to New Haven. Read on to learn why it picked the Elm City to base its operations. Our Q&A feature this month is with Dr. Justin Lundbye, the new CEO of the Waterbury HEALTH network. Lundbye, a cardiologist and internal medicine physician, brings a doctor's perspective to his new role, and he plans to improve patient care and in- crease services. We hope you enjoy this issue, and that the new year brings success for you and your business. Please reach out to us with questions, concerns and story ideas. Michelle Tuccitto Sullo Managing Editor Greg Bordonaro Editor New year, new goals 4 | Around the Region 5 | By The Numbers 6 | 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 24 | Largest Hospitals, Greater New Haven 25 | Largest Connecticut HMOs newhavenBIZ 26 | What's the Deal? 27 | C-Suite 27 | Biz Starts 6 | Biz Spotlight Woodbridge-based M&A firm's marketing-based approach finds global buyers for local companies. 7 | Innovation & Technology Amid tech disruption, community lenders launch 'digital banks.' 8 | Flying South AdvanceCT is the latest statewide economic development agency to make New Haven home. 10 | Corner Office David Salinas helps build talent pipeline, innovation ecosystem with New Haven's 'District.' 12 | Five to Watch in 2022 Meet five leaders we expect to make headlines in the year ahead. 18 | Urban Living Apartment developers target empty nesters with larger units. 21 | Focus: Health Care New Waterbury HEALTH CEO Lundbye brings doctor's insight to role. F E A T U R E S D E P A R T M E N T S Greg Bordonaro 6 7 18