Hartford Business Journal

18 Hartford Business Journal • December 18, 2017 • www.HartfordBusiness.com Movers & Shakers Jim Leahy has joined Boston-based strategic communications firm Liberty Square Group as a senior vice president of government relations and association management and will provide direct government relations services to clients in Hartford, Boston, Providence and Washington, D.C. Splitting his time between Connecticut and Boston, his role includes legislative and administrative lobbying as well as grassroots campaign development. Leahy has worked at the Connecticut state Capitol since 1989 and will continue to represent businesses and nonprofits before Connecticut policymakers. He most recently was the owner of Leahy Management Group of Tolland, a government relations and association management firm, founded in 2005. Ariana Baird, Tyler Harriott and Eddie Widofsky have been promoted in the Enfield office of Steffian Bradley Architects (SBA). Baird has been promoted to designer/ manager. She has been with SBA for four years, previously as design/drafter II, designing interiors for various healthcare projects. Harriott has been promoted to design/drafter II. He has been with SBA for almost a year as design/drafter I. Widofsky has been promoted to associate principal. He has been with SBA for three years and previously was senior associate. Mike Toner has been appointed New England market leader in the corporate risk and broking (CRB) segment for Willis Towers Watson, a global advisory company. The New England market includes offices in Hartford, Boston, Burlington and Buffalo. Toner will be responsible for driving the overall CRB growth strategy, value and talent-acquisition efforts in the region. A 25-year industry veteran, he joined Willis Towers Watson from The Travelers Cos., where he served as chief sales officer, national accounts. Eileen Foley Allgrove has joined Windsor- based Fiduciary Investment Advisors LLC, an independent investment consulting firm, as associate director of wealth advisory services. Foley Allgrove has been advising individuals, trustees, endowments and foundations for more than 20 years and has expertise in investment management, taxation, estate planning and fiduciary administration. Foley Allgrove previously was a senior wealth manager at BNY Mellon, where she worked with high net worth individuals and families. Laz Montano, chief information security officer for Voya Financial, has been appointed to serve on the National Technology Security Coalition's (NTSC) board of directors, which advocates for legislative and regulatory policies. As the chief technology risk and security officer for Voya Financial, Montano is responsible for providing leadership, management, and strategy for all aspects of technology risk and information security. Previously, Montano was the CISO at MetLife. Maura A. Malo has been promoted to senior vice president of Winsted-based Connecticut Mutual Holding Co., which consists of three separate and independent banks: Litchfield Bancorp, Northwest Community Bank, and the Collinsville Savings Society. Malo joined Litchfield Bancorp in 2003 as an auditor with 10 years of experience as an examiner with the Federal Deposit Insurance Corp., was promoted to chief risk officer in 2009, restructured the audit department in 2016 and brought compliance and security under her purview. Holly Neddermann has been appointed executive director at River Ridge at Avon, a Benchmark Senior Living community. Neddermann came to River Ridge in 2008 when she was looking for an assisted-living community for her mother, became community relations director, then director of memory care, then interim executive director earlier this year. Paul R. Little will become senior vice president and chief credit officer of Willimantic- based SI Financial Group Inc., the holding company for Savings Institute Bank and Trust Co., on Jan. 1, succeeding the retiring Gerald D. Coia. Little is currently the senior vice president and chief lending officer. Additionally, Kenneth Martin, who currently serves as vice president and Rhode Island market executive, has been named chief lending officer. Little joined the bank in 2011 as senior vice president and senior commercial loan officer and was named chief lending officer in 2013. Martin joined the bank in May 2017 as vice president and Rhode Island market executive. Jason A. LaBerteaux has joined the Hartford intellectual property law firm of Alix, Yale & Ristas LLP as an associate attorney. With nine years of experience in intellectual property law, LaBerteaux's practice focuses on domestic and international patent prosecution and litigation, with a concentration in electrical engineering. Tanya Cutolo, director of business development at S/L/A/M Construction Services in Glastonbury, was recently elected to the Connecticut Green Building Council (CTGBC) board of directors for the 2018-2020 term. The CTGBC is tasked with transforming the way buildings are designed and constructed to ensure they are environmentally friendly. Cutolo has worked in the private sector as an architect for more than 17 years and in the construction field for more than eight. She has been a business development manager and director for construction and design build services since 2008. Jim Leahy Mike Toner Holly Neddermann Maura A. Malo Town Profile Tolland Town Hall address: 21 Tolland Green, Tolland, CT 06084 (860) 871-3600 News Around Town ■ ■ In July, one of Tolland's largest employers and taxpayers, Woodlake at Tolland Nursing & Rehabilitation Center, was acquired by Nashville, Tenn.-based MedEquities Realty Trust Inc. for $10 million in cash. The seller was Prospect Medical Holdings Inc., which is the parent company to Eastern Connecticut Health Network. ■ ■ In March, the 64-unit Ivy Woods Apartments in Tolland sold for $74 million, or $115,000 per unit. Ivy Woods LLC sold the property at 86 Buff Cap Road to Connecticut-based Detail Management. ■ ■ Tolland could also be called "Tweenland." Almost one-in-10 residents are ages 10-14, well above the statewide average of one-in-16. General Land area (sq. miles) 40 sq. mi. Households 5,238 Median household income $110,593 Poverty Rate 2.8% Crime Rate (per 100,000 residents) 498 Population 2000 13,146 Projected 2020 15,037 Median age 43 Largest age demographic 45-64 (32%) Educational attainment Persons age 25 or older % of population High school graduate 24% Associate's Degree 10% Bachelor's or more 44% Labor Force (Residence) Employed 8,184 Unemployed 320 Unemployment Rate 3.8% Place of work # of units 348 Total Employment 3,626 Economics Business profile Sector Units Employ- ment Construction 39 139 Manufacturing 16 341 Wholesale Trade 34 276 Retail Trade 34 349 Health Care and Social Assistance 37 649 Total Government 18 797 Major Employers • Town of Tolland • Woodlake (Assisted Living) • CNC Software • Gerber Scientific • Big Y Government (2015) Total revenue (2015) $57,670,027 Per capita tax $2,725 Total expenditures $57,475,275 Total indebtedness $47,315,223 as % of expenditures 82.3% Annual debt service $4,814,034 Moody's Bond Rating Aa2 Actual Mill Rate 31.05 Net Grand List $1,300,919,626 Housing stock (2015) Existing units 5,439 % single unit 95% New permits 7 as % of existing units 0.1% Demolitions 1 Residential sales 163 Median price $281,100 Top 5 grand list (2016) Company Amount CT Light and Power Inc. $14M Capitol Ventures LLC $13.8M Woodlake at Tolland $8.2M Gerb CT QRS 14-73 Inc. $7.6M Silvas Real Estate LLC $6.1M Source: Connecticut Economic Resource Center

• Cover