Chittenden to Make Presentation at the RBC Capital Markets Financial Institutions Conference on September 19, 2003

first_imgChittenden Corporation (NYSE: CHZ) announced that Paul A. Perrault, Chairman, President andChief Executive Officer, and Kirk W. Walters, Executive Vice President andChief Financial Officer, will be speaking at the RBC Capital Markets financialinstitutions conference on Thursday, September 18, 2003. The conference willbe held at The Harbor View Hotel on Martha’s Vineyard. Chittenden isscheduled to make its presentation at 9:45 a.m.RBC Capital Markets has established an audio web link to enable allinterested parties to have access to the conference. The web link is:http://www.wallstreetwebcasting.com/webcast/dr14/(link is external)The Company may answer one or more questions concerning business andfinancial developments and trends and other business and financial mattersaffecting the Company, some of the responses to which may contain informationthat has not previously been disclosed.Chittenden is a bank holding company with total assets of $6.0 billion atJune 30, 2003. Its subsidiary banks are Chittenden Bank, The Bank of WesternMassachusetts, Flagship Bank and Trust Company, Maine Bank & Trust Company,Ocean National Bank and Granite Bank. Chittenden Bank also operates under thename Mortgage Service Center, and it owns Chittenden Insurance Group, andChittenden Securities, Inc. Granite Bank operates an insurance agencysubsidiary under the name of GSBI Insurance Group. The Company offers a broadrange of financial products and services, including deposit accounts andservices; consumer, commercial, and public sector loans; insurance; brokerage;and investment and trust services to individuals, businesses, and the publicsector. To find out more about Chittenden and its products, visit our website at http://www.chittendencorp.com(link is external). Chittenden Corporation news releases,including earnings announcements, are available via fax by calling800-758-5804. The six-digit code is 124292.last_img read more

Herlihy is new deputy tourism comissioner

first_imgHerlihy Is New Deputy Commissioner Of Vermont Department Of Tourism &MarketingMONTPELIER, Vt. – Cathy Herlihy of East Montpelier has been appointed thenew Deputy Commissioner of the Vermont Department of Tourism & Marketing(VDTM). Herlihy takes over the post from Sybil Chicoine who left in lateSeptember for a job in the private sector after serving as VDTM’s DeputyCommissioner since January of 2002.Since 1995 Herlihy has been Director of Training & Marketing with theVermont Small Business Development Center (SBDC). SBDC is a non-profitpartnership of government, education, and business whose goal is to spurVermont’s economy by helping small businesses succeed and grow throughtraining and consultation. SBDC is partially funded by the U.S. SmallBusiness Administration, the Vermont Department of Economic Development,and the Vermont State Colleges.Vermont Tourism & Marketing Commissioner Bruce Hyde said he was pleased tohave someone with Herlihy’s background join the Department’s managementteam.”Cathy brings a very strong marketing and business development backgroundto the Department and we’re excited to be able to call upon herdemonstrated strengths in marketing, strategic planning and organizationaldevelopment,” Hyde said. “Cathy will be responsible for much of theday-to-day operation of the Department and will work closely with the restof our senior management team, overseeing VDTM’s marketing, publicrelations, sales and research efforts.”I am very excited about this new role and to have the opportunity to workmore closely with Vermont’s tourism industry and to focus on a vitalsector of the Vermont economy,” Herlihy said. “Over the years, I have hadthe opportunity to work with a wide variety of small businesses, includingtourism-related businesses, and to help them address a variety ofchallenges. I think understanding those challenges will help guide me inthis new role.”###last_img read more

Business groups challenge stormwater ruling

first_imgGBIC & LAKE CHAMPLAIN CHAMBER ANNOUNCE INTENT TO CHALLENGE WATER RESOURCES BOARD DECISION ON STORMWATERBURLINGTON – On behalf of the business community in northwestern Vermont, GBIC will appeal the October 14th Water Resources Board (WRB) ruling that requires the unprecedented application of the federal Clean Water Act and NPDES program to stormwater discharges from impervious surfaces in impaired waterways.Along with the Lake Champlain Chamber, GBIC and a diverse group of municipalities, business people, engineers and legislators, constructed a framework that would have cleaned up polluted watersheds and allowed for reasonable growth. Last session, the Legislature believed they had achieved a comparable success when they addressed stormwater pollution in a comprehensive way by passing Act 140. The collaborative heralded it as Vermont’s solution to Vermont’s problem.Despite the considerable collaborative effort over the past year, on Thursday, October 14th, the WRB issued a surprising decision regarding Vermont’s stormwater permitting program. The decision has the potential to halt the clean-up process that the State Legislature began this year with the passage of Act 140. The WRB ruled that a federal permit must regulate stormwater discharges in impaired watersheds, even though no such permit will be available for 3-5 years. Furthermore, the failure to get a permit exposes anyone who owns an impervious surface in these watersheds to suit in federal court by anyone.”The economic impacts of this decision are dire and the environmental impacts are even worse,” said Ernie Pomerleau, GBIC Board member and owner of Pomerleau Real Estate. “Pollution will continue to flow into our water unchecked and projects that would have cleaned these streams are sidelined.”In light of the WRB ruling’s environmental and economic implications, GBIC and other stakeholders will be appealing the decision. In addition to the appeal, GBIC and the Lake Champlain Chamber will consider a multi-faceted approach to solving the stormwater problem, including legislative and broad-based community outreach efforts.”GBIC looks forward to working on the WRB case with the other appellants,” said Frank Cioffi, GBIC President. “It is imperative that we move forward with cleaning our waterways and promoting economic development.”For more information, contact Mary Sprayregen at 863-3489 ext. 206 or mary@vermont.org(link sends e-mail).The LCRCC is a non-profit organization that provides socially responsible leadership to enhance the economic environment of the Lake Champlain Region and Vermont. GBIC is a private non-profit economic development corporation that serves as a catalyst for industrial and economic growth in Chittenden County.# # #last_img read more

New Vermont government transparency site goes live

first_imgVermonters interested in the workings of their state government now have a powerful new tool: www.vttransparency.org(link is external). The new website, a joint venture of Ethan Allen Institute of Kirby and Public Assets Institute of Montpelier, has a wealth of information about state revenues and spending, both current and historical.It allows viewers to search state payments to vendors and compensation of state employees. It offers links to federal stimulus spending, economic development credits, rainy day funds, school district spending and outcomes, and municipal web pages.While the focus of the website is primarily fiscal information, it also includes convenient links to other information about state and local government. There is a guide to tracking roll call votes of state legislators, for example, and users can find out how to track the progress of bills on the Legislature’s web site. There is also a guide to Vermont’s education finance laws (Act 60 and Act 68) and links to state statues, summaries of new legislation and the Vermont Constitution.“Vermont Transparency is an excellent starting point for any citizen or group interested in the working of government,” said John McClaughry, president and founder of Ethan Allen Institute.“The information on our website is all public data, but it is often difficult to find and not always easy to use,” said Jack Hoffman, senior analyst of Public Assets Institute and the project director. “Our goal is to present information in ways that give average Vermonters a better understanding of how the state raises and spends money and the fiscal policies that guide those decisions.”Ethan Allen Institute and the Public Assets Institute often take opposing positions on matter of public policy. However, they both agree that good data and solid information are the foundation of sound public policy.“Democracy depends on an informed citizenry that understands how its state and local governments work,” McClaughry said.Vermont Transparency is a work in progress. More than 20 years of state budget information is available, which includes total appropriations as well as appropriations by individual state fund. Historical revenue data also are available. More information and links will be added as users make suggestions, and as state government makes more useful data available.The Ethan Allen Institute, founded in 1993, is a nonprofit educational organization that advocates for individual liberty, private property, competitive free enterprise, and frugal, responsible and limited government.The Public Assets Institute, founded in 2003, supports democracy by helping Vermonters understand the role public policies and public structures play in providing prosperity for all.For more information, contact:Jack HoffmanPublic Assets Institute(802) 223-6677jack@publicassets.org(link sends e-mail)John McClaughryEthan Allen Institute(802) 695-1448eai@ethanallen.org(link sends e-mail)last_img read more

Dwight Asset gives $21,000 to Champlain’s EMC project to address violence against women

first_imgAbout Champlain CollegeA private, residential college founded in 1878, Champlain College in Burlington, Vermont, has a long tradition of educating professionals for leadership roles by providing a high-quality, career-oriented education. Champlain s distinctive educational approach embodies the notion that true learning only occurs when information and experience come together to create knowledge. Champlain was named a Top-Up-and-Coming School by U.S. News & World Report s America s Best Colleges 2010. To learn more about Champlain College, visit www.champlain.edu(link is external).About Dwight Asset Management Company LLCDwight Asset Management Company LLC focuses exclusively on fixed income investment management services for institutional clients including retirement plans, corporations, public funds, insurance companies, financial institutions, endowments, foundations, and Taft-Hartley plans. It is based in Burlington, VT.Source: Champlain College. 2.19.2010 Champlain College s Emergent Media Center is the recipient of three gifts, totaling $21,000, given in honor of former Dwight Asset Management CEO Laura Dagan s 22 years of service to the company and her recent retirement.The financial gifts from Dwight Asset Management, its parent company, Old Mutual Asset Management and its client, Graybar Electric Company, were presented to Ann DeMarle, director of Champlain College s Emergent Media Center (EMC). Dwight Asset wanted to thank and honor Laura for more than two decades of service to our company and the community with these gifts, said David J. Thompson, Dwight s CEO and President. Supporting the EMC and the project they are currently working on with the Population Media Center and the United Nations Population Fund to create an e-game designed to help reduce violence against women, fit perfectly with Laura s desire to make a significant difference in the community.The goal of the project, dubbed Breakaway, is to engage and educate boys ages 10-13 through episodic, interactive game and social networking applications delivered globally via web and mobile technology. The game uses skill-building soccer gameplay with a narrative designed to encourage positive attitudes and behaviors in combating violence against women worldwide. Plans call for Breakaway to make its debut this summer at the FIFA World Cup in South Africa in June.  Dagan, who lives in South Hero with her husband, Barry, has been a member of the Champlain College Board of Trustees since 2006 and will continue to serve in that role. I am inspired by the Champlain College students, the activities at the EMC and how the Breakaway project is already changing lives around the world, said Dagan.  The results of these gifts will be far reaching and represent a perfect conclusion to the wonderful career I have enjoyed at Dwight.Under her leadership, Dwight Asset was active in reaching out to the communities in which Dwight s employees work and live by supporting various charitable organizations, educational institutions and the arts. Over the years, the firm has targeted children and families, aging and wellness and historical and land preservation, for its contributions and volunteer time.Champlain s Emergent Media Center, located in the Champlain Mill in Winooski, works directly with industry, public institutions and non-profits, to provide a laboratory/studio environment for discovering concepts, processes and applications in electronic and video games and emergent media. At the heart of the EMC s educational value are two key objectives, DeMarle explained, To enable Champlain students to become thoughtful leaders in areas of technology, media and learning; and to help define the future of immersive mediums and technologies.The EMC brings together Champlain students and faculty in collaboration with industry professionals to also work on projects such as the Cystic Fibrosis breath biofeedback game for the UVM College of Medicine, the Visualize Burlington 3D mapping project with the City of Burlington and a virtual archeology museum in conjunction with the State of Vermont Agency of Commerce and Division of Historic Preservation. Champlain College was founded in 1878 and currently has nearly 2,000 undergraduate students. To learn more about Champlain College, visit www.champlain.edu(link is external)last_img read more

Thousands enjoy Grace Potter Irene-relief benefit, contribute via Vermont Public Television

first_imgThousands of Vermonters tuned in to Vermont Public Television on air and online Oct. 9 to see the Goodnight Irene Flood Relief Benefit concert by Grace Potter & The Nocturnals live from the Flynn Center in Burlington.  The concert brought the band back to Potter’s home state to support the Vermont Disaster Relief Fund, the Vermont Farm Disaster Relief Fund and the Mad River Valley Community Fund that are helping people recover from the effects of the late August floods after Tropical Storm Irene.  Potter delighted fans with familiar numbers and the premiere of her song ‘The Mad, Mad River.’ Interest in the webcast of the event was so high that VPT’s server crashed briefly but was restored by the time the band came on stage. When the concert sold out within hours after it was announced in mid-September, VPT saw an opportunity to open it up beyond the 1,482 people lucky enough to get tickets.  Televising and webcasting the concert made it available statewide and beyond, to people who have had losses from Irene and to the many who continue to dig deep to help them. VPT had just two weeks to put the telecast together, a major effort made possible by partnerships with other broadcasters, equipment manufacturers and generous sponsors.  For the first time on a remote production, VPT used a fiber optic Ethernet circuit from Teljet Longhaul to bring high-definition video from the theater back to its Colchester control center.  This allowed for greater flexibility and higher quality than with traditional satellite or microwave transmission.   VPT officials were pleased to add to the band’s efforts by raising nearly $28,000 by phone and online during the two hours of the live coverage.  The band is still tallying the results of their performances and related auctions. Ben & Jerry’s, The Carris Corporate Foundation Inc., Green Mountain Coffee Roasters, People’s United Bank and the Vermont Community Foundation sponsored Vermont Public Television’s production. The concert program is the latest effort by Vermont’s public television network to help Vermonters recover from Irene.  It follows a joint fundraising effort with People’s United Bank, a call-in special with Gov. Peter Shumlin and a continuing web gateway for the disaster relief funds.  VPT. 10.11.2011last_img read more