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Northwest Community Bank charts growth path following merger, upcoming leadership change

Retiring Northwest Community Bank CEO Stephen P. Reilly can look forward to spending more time with his wife, traveling, boating and working on his golf game knowing he’s leaving the bank on solid footing and in good hands.

Having led the 2021 merger with Collinsville Bank and Litchfield Bancorp, Reilly has helped significantly increase Winsted-based Northwest Community’s size, growing the mutual lender from $411.8 million in assets at the close of 2020 to nearly $1.1 billion today.  ....

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Amid national DEI efforts, Greater Hartford colleges make strides in diversifying top leadership roles

Corporate America and businesses in general have put a much greater focus on leadership diversity in recent years.

While those efforts have yielded mixed results, one industry has seemed to fare better than many others in promoting diversity within its top ranks: higher education.

And it’s a trend that surfaced even before the May 2020 murder by police of George Floyd, which put a spotlight on racial inequities and forced companies and other organizations to take a hard look at their diversity, equity and inclusion efforts. ....

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Prospective recreational cannabis dispensary seeks downtown Hartford home

The CEO and founder of a Middletown-based homecare and behavioral health provider is leading a group seeking to open a recreational cannabis dispensary in downtown Hartford.

Derrick Gibbs, CEO of Change Incorporated, is part of a group seeking the city’s permission for a special permit to operate an adult-use cannabis retail store at 89 Arch St., formerly anchored by Blind Pig Pizza Co. ....

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