Rhode Island
GoLocalProv | Business | Exodus of Top Staff at Commerce RI Explodes Under McKee
Monday, February 26, 2024
Top executives at Commerce Rhode Island, the State of Rhode Island’s economic development agency, have resigned at an alarming rate in the past two years.
In just the past 24 months, multiple top-tier executives have resigned, and in some top positions, the job has been turned over multiple times.
The turnover correlates with the last two years of Dan McKee’s governorship. And, much of the exodus has occurred since Liz Tanner took over as Secretary of Commerce beginning in June of 2022.
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Revolving Door in the President’s Position
The President’s position at Commerce was held by Jesse Saglio for seven years, and then he resigned in February of 2022. Hilary Fagan took over as President, and then she resigned in December of 2022. Since then, Bill Ash has served as “acting” president.
Now, Ash has announced his departure. The President’s position will be vacant again.
Ash, before his tenure at Commerce, had more than 25 years of experience working with businesses as a lender, consultant, and investor. Previously, he held positions as managing director of M & A at Oppenheimer & Co. and was a senior managing director of The Tron Group — a Boston-based turnaround and business advisory firm.
Now, under McKee, Commerce will be looking for its fourth President in two years.
In an interview with Tanner, she said the departures do not reflect on the agency. “We are 100% stable,” said Tanner.
Chief Financial Officer Resigns
Last week, Justin Medeiros, the Chief Financial Officer/Senior Controller for Commerce, announced his resignation.
The top business recruitment position — the executive Vice President of Business Development position, has been vacant since Fagan was promoted to President in 2022.
Tanner said she has changed the approach to business recruitment. “We now have a clustered approach to attracting business,” said Tanner.
Communications
The top communications position has also been a revolving door. In 2022, Matt Sheaff held the position of director of communication. Then, he was on loan to McKee’s office and recently resigned and took employment outside of Rhode Island.
Then, Brian Hodge was promoted to that position, and he then left the agency, a series of contract employees were engaged and then Commerce hired Matthew Touchette.
Five of the Top Eight Have Left in Just Two Years
According to an archived version of Commerce’s website, of the top eight professionals leading the organization, five have left. Only one, the former Secretary Stefan Pryor, is still in government service. Today, Pryor serves as Secretary of Housing.
Commerce Under Scrutiny
Presently, Commerce is facing scrutiny for its management of the bond deal for the Pawtucket minor league soccer stadium called Tidewater Landing. GoLocal uncovered concerns voiced by Pawtucket’s fiscal advisor in the summer of 2023. Commerce ignored those concerns.
After a series of exclusive articles by GoLocal, a feature published in Bloomberg — the global business publication — writes, “Taxpayers are paying dearly to bring a pro-sports team back to the faded industrial city of Pawtucket, Rhode Island.”
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Rhode Island
Up to $5,000 reward offered for tips on who dumped emaciated dog’s body in trash bag in Rhode Island
Lincoln, RI – PETA is offering a reward of up to $5,000 for information that leads to the arrest and conviction on cruelty charges of the person(s) responsible for dumping a dead dog at Barney’s Pond on Smithfield Avenue.
On December 14, the Lincoln Police Department responded to a report of a dead animal in a trash bag in the parking lot of the pond and discovered the body of a severely emaciated dog with visible signs of trauma. They believe the body was left between the evening of December 13 and the morning of December 14. A white Toyota RAV4 may be connected to the case and is considered a vehicle of interest.
Police are searching for this vehicle of interest, a Toyota RAV4. Photo: Lincoln Police Department
No leads or suspects have been identified, so PETA is asking for the public’s help.
“This poor dog was apparently starved, abused, and then dumped on the side of the road like garbage,” says PETA Senior Vice President Colleen O’Brien. “There may be other animals in the perpetrator’s possession, so PETA asks anyone with information to come forward immediately—other lives may depend on it.”
Anyone with information about the deceased dog or the vehicle should contact Detective Lieutenant Brad Stewart at 401-333-8485.
Rhode Island
The Miriam Hospital In Providence Getting Key Upgrades
PROVIDENCE, RI — The Miriam Hospital in Providence will undergo a renovation project, which will upgrade its emergency department and inpatient units, hospital officials said Monday.
The upgrades were approved with a certificate of need from the Rhode Island Department of Health (RIDOH) based on a recommendation from RIDOH’s Health Services Council, a spokesperson for Brown University Health, which owns the hospital, said.
“Receiving this approval marks a crucial step forward in our steadfast commitment to delivering exceptional patient care and advancing medical excellence,” Miriam Hospital President Maria Ducharme said. “Our current building, now over 100 years old, can no longer adequately support the demands of modern patient care. In addition, our emergency department is a fragmented space that no longer supports efficient patient flow and the highest levels of communication we strive to deliver to those who have come to rely on us for their care. These much-needed renovations will create a safe, comfortable, environment that prioritizes the health and well-being of our community.”
Work is scheduled to begin spring 2025 and will be carried out in three phases throughout the next three years. Hospital officials said this phased approach is designed to minimize disruptions to ongoing patient care and the surrounding communities.
The first phase will involve demolishing the hospital campus’s oldest building to create space for a new emergency department and private patient rooms. The renovation project has an estimated cost of $125 million for completion, the majority which will be funded through a centennial capital fundraising campaign.
“As a cornerstone of our community, the Miriam Hospital has always been committed to delivering exceptional care,” Brown University Health President John Fernandez said. “This investment reflects Brown University Health’s unwavering dedication to modernizing our facilities, advancing healthcare and improving outcomes for everyone we serve.”
Have a news tip? Email jimmy.bentley@patch.com.
Rhode Island
Here’s How Much Minimum Wage Will Go Up In RI On Jan. 1
RHODE ISLAND — Minimum wage workers in Rhode Island are among about 9.2 million nationwide who will get a pay bump in 2025.
The pay raises taking effect Jan. 1 will increase worker pay by about $5.7 billion in the 21 states that are boosting the minimum wage, according to an analysis from the Economic Policy Institute, a nonprofit think tank that analyzes the economic effect of policies on primarily low- and middle-income families.
In Rhode Island, the minimum wage will increase in 2025 to $15 an hour, up from $14 an hour in 2024. The tipped minimum wage stayed the same at $3.89 an hour.
The raises will increase 2025 pay for minimum wage workers in Rhode Island by about $46.5 million — or an average of $767 a year.
About 13.6 percent of the workforce and about 65,100 Rhode Island residents are directly or indirectly affected by the minimum wage hikes. About 33,300 children — 16.1 percent of all children in Rhode Island — live in households where a minimum wage worker lives.
Nationwide, more than a quarter (25.7 percent) of workers getting a minimum wage pay increase are parents, and more than 5.8 million children live in households where an individual will receive a minimum wage hike, the analysis said.
One in five (20.4 percent) of affected workers are in families with incomes below the poverty line, and nearly half (48.5 percent) have family incomes below twice the poverty line.
Teenagers are often disproportionately likely to become minimum wage workers, the analysis said, but about 88 percent of those getting raises are adults. Among them, about half are full-time workers.
Of all adult workers getting a minimum wage bump in 2025, 41.4 percent have completed at least some education beyond a high school degree.
In addition to Rhode Island, others among the 21 raising the minimum wage in 2025 are Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, South Dakota, Virginia, Vermont and Washington.
In addition, about 48 cities and counties, mostly in California, Colorado and Washington, are raising wages above their state minimum wage floors.
Most minimum wage hikes taking effect Jan. 1 are a result of state laws that tie minimum wage increases to inflation. The raises are automatic in 13 of the states and effect about 56.2 percent of workers getting raises.
Have a news tip? Email jimmy.bentley@patch.com.
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