‘Coming Home’: Danish biotech giant Novo Nordisk puts down roots in West Lebanon
Dennis Clancy remembers June 30, 2014, very well. 9:35 a.m., to be exact. That’s when Clancy, a manufacturing technician at former Olympus Biotech in West Lebanon, got word that he was being laid off after 11 years with the company. Its Japanese owner, beset by an unrelated financial scandal, was exiting biotech to refocus on its core camera and microscope businesses. “I told my wife I was going to be home early that day,” Clancy...
As Hewlett-Packard CEO, Fiorina Pushed Ahead — and Paid a Price
The University of Pennsylvania campus auditorium was half-empty when GOP presidential candidate Carly Fiorina strode onstage, smiling and waving with the same corner-office charisma she had showcased in hundreds of speeches around the world. The former chief executive of Hewlett-Packard had been invited to give a keynote address in November to a conference on American business — a topic she knew well, having spearheaded one of the...
Seldon Bought By Vegas Firm
Windsor — Seldon Technologies, the water filtration device maker that closed suddenly in September and laid off all 32 employees, has been acquired by Las Vegas-based water filtration company Carbon Block Technologies. Carbon Block, which makes carbon block filters and drinking water treatment systems, bought Seldon’s assets and patents in a sealed-bid auction on Dec. 3, and is looking to incorporate Seldon’s water filtration...
Judge Rules for D-H In Discrimination Suit
Lebanon — A federal judge has ended a lawsuit by a former Dartmouth-Hitchcock resident who suffered from insomnia and alleged that D-H, which fired her in 2010, discriminated against her because of her disability and because she is African-American. Judge Steven McAuliffe of the U.S. District Court in Concord granted D-H’s motion for summary judgment in the case of Christyna Faulkner, who graduated from medical school in 2007 and in...
Tax Filing Details Top D-H Payouts
Lebanon — The $675,000 severance payment awarded by Dartmouth-Hitchcock during 2013 to a “former senior advisor” to its chief executive barely made a public ripple or financial splash. Nor did the $320,000 “change of control payment” made to a staff physician who had been working as an executive at the large, Lebanon-based medical complex, or the $105,000 severance payment to a former human resources director that year. In fact, the...
