OPINION: By Mitchell Young


Webster Bank Chairman and former CEO James Smith said on April 6 he wants to be Connecticut’s next Governor, but he still hasn’t announced.

This is nothing new.

Smith has mused about a run for Governor for years. Smith conservative by nature, has let his smarter angels win and he has steered himself away from what would most likely be capping his successful business career with a potentially humiliating political loss.

Webster insiders had told us that Smith’s move last fall to executive Chairman made that choice more likely. When we questioned if Smith had the raw ego for a governor’s run, we were assured he did. He has however, let many months go by without declaring in what was clearly an exceptionally open Republican race, with a wide lane for a powerful well known and well-thought of businessman, like Smith.


Walsh Kimberly CNA Simpson Kimado CNA
Walsh Simpson

GLASTONBURY: Cheryl Newton Architects (CNA) appointed Kimberly Walsh as business development manager. Prior to joining CNA, she worked as the marketing manager for Consulting Engineering Services in Middletown. With over a decade of AEC industry marketing experience, Walsh’s depth of talents includes lead generation, graphic design, photography, writing, social media, and website management.

Compton zmedicaWALINGFORD: Z-Medica, LLC, a developer and marketer of hemostatic devices, best known as Quik-Clot, appointed healthcare industry veteran Eric Compton as President and Chief Executive Officer effective. According to the company outgoing CEO Stephen J. Fanning is stepping down to pursue a new career opportunity that will allow him to be closer to his family and home on the West Coast. Fanning will continue to serve as a member of the Z-Medica Board.

“We are incredibly excited by Eric’s appointment to Z-Medica. His deep healthcare experience, strong leadership skills and passion for growth will continue to drive Z-Medica to even greater success said Z-Medica Board Chairman and Linden Operating Partner, Ernest Waaser.

CarolynWelchGROTON: Chelsea Groton Bank’s Carolyn Welch has been promoted to Senior Vice President, Commercial Lending Manager. Welch will lead the bank’s commercial lending team.

“In Carolyn’s relatively short time with Chelsea Groton Bank, she has performed extremely well, developing new business for the Bank in the greater Hartford and New Haven counties, as well as in New London County,” said Tony Joyce, Executive Vice President, Senior Loan Officer at Chelsea Groton Bank. “She will now be in a position to help others on the Commercial team to aggregate business relationships in a similar way. Her prior experience as a Commercial Lending team leader will serve her well in this new capacity.”

stanleyHARTFORD: Stanley Black & Decker (NYSE: SWK) and Techstars are taking applications period for the Stanley+Techstars Additive Manufacturing Accelerator.

Stanley Black & Decker and Techstars a manager of startup accelerators created a three-year partnership and the launch of the Stanley+Techstars Additive Manufacturing Accelerator in Hartford. The “mentorship-driven, entrepreneurial accelerator program will select 10 startups in the additive manufacturing space to participate in its first year.

The Stanley+Techstars Additive Manufacturing Accelerator will focus on additive manufacturing, which includes technologies that build 3D objects by adding layer-upon-layer of material. The materials range from plastics and metals to concrete, among others. The technologies may include 3D printing, rapid prototyping, direct digital manufacturing, layered manufacturing and additive fabrication

katsmanHAMDEN: Elina Katsman has joined the Press/Cuozzo Realtors “commercial services team.”.

Katsman was born in the USSR, and grew up in Tel-Aviv, Israel, where she worked as a marketing professional, leading accounts of the largest national and international companies. In 2013 she moved to the US and settled in Hamden, speaks Russian, Hebrew, and English.

Katsman holds a B.A in communications & business from the Israeli College of Management and has 10 years of experience in marketing communication. Her professional career started with a public relations firm specializing in real estate, then continued to include small start-ups, B2B customers, and large multinationals.