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Author Archives: Andrea Deckert

Leadership changes at Rochester business advisory and CPA firm (access required)

DKB has implemented a new leadership structure that they say better positions the organization to continue providing high quality customer service in an increasingly dynamic market.  Under the new structure, David DeJoy, the firm’s co-founder, has been named incoming chair of the firm’s newly created board of directors. Additionally, Michael Cooke is becoming managing partner - replacing DeJoy in the role - and Christian Modesti has been named president.  

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Stock performance of LNB’s holding company recognized (access required)

Lyons Bancorp Inc. (OTCQX: LYBC), the financial holding company for The Lyons National Bank, has been named to the 2023 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.   The list recognizes national and international companies of all sizes, industries and geographic regions and both large and small cap stocks.  

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BOA grant will help expand nonprofit’s local programming   (access required)

The Center for Employment Opportunities was recently named the 2022 Bank of America Neighborhood Champion in recognition of its work in the Rochester community to remove employment barriers and advance economic opportunity for justice-impacted Rochester residents.  As part of the Neighborhood Champions program, the local organization will receive $50,000 in flexible funding and an opportunity for engagement in virtual leadership training delivered by experts in the nonprofit sector on topics like human capital management, increasing financial sustainability and storytelling.  

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Five Star Bank opens Syracuse office  (access required)

The new office provides the bank with entrance into Onondaga County, expanding its Upstate New York footprint to 15 counties throughout Western New York, the Southern Tier and the Finger Lakes region.   Five Star Bank’s Syracuse office will be home to a three-person commercial and industrial team led by Alison K. Miller, Central New York Regional president and commercial and industrial executive. 

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Sales, profit up for Xerox in Q4  (access required)

"Our employees and partners worked hard to deliver the highest level of revenue since the start of the pandemic and I am proud of the focus and dedication which led to these results,” said Steve Bandrowczak, Xerox CEO, in a statement. “As macroeconomic uncertainty extends through this year, we will continue working alongside our clients to develop and deploy essential workplace solutions and services, positioning Xerox for long-term growth in profitability." 

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Paychex expands Board of Directors, adds IT expert as newest member   (access required)

"As a respected technology expert, successful entrepreneur, and CEO, Theresa Payton is a rare combination of highly sought-after skills," said Martin Mucci, Paychex board chairman in a statement. "Her business acumen, intense focus on the needs of clients and her ability to provide sound governance insights on digital and security risks will make her a strong addition to our Board of Directors."

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RIT’s online MBA program receives high marks   (access required)

“Our Executive MBA program is recognized for offering our students a highly interactive, team-based, online executive education, with a unique curriculum focused on strategic leadership that positions them to move into C-suite roles,” said Jacqueline Mozrall, Saunders College of Business dean, in a statement. 

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