Power Lunch: A conversation with the CEO of Green Mountain Power
Over a steaming cup of coffee, the CEO of Green Mountain Power explains why electric utilities that oppose green power risk getting left behind, and why GMP’s business success depends on how well it manages the changes it has helped bring to the energy industry . The Paris climate conference has been in session for more than a week when Mary Powell, the CEO of Green Mountain Power, Vermont’s largest electric generation utility, and I...
Keurig to Be Sold to Global Coffee Empire
A private equity firm will acquire Keurig Green Mountain in a $13.9 billion deal. The Vermont-headquartered company, which specializes in single-serve coffee machines, announced the deal Monday with an investor group headed by JAB Holding Co. Luxembourg-based JAB already is involved in several major coffee and beverage companies. The private firm holds the controlling stakes in Jacobs Douwe Egberts, Peet’s Coffee & Tea and...
Claremont Savings Bank Taps Next CEO
Claremont — Claremont Savings Bank has chosen a Connecticut banker to become its next president and CEO. David Birkins, former executive vice president and chief financial officer at Union Savings Bank in Danbury, Conn., has joined Claremont Savings as executive vice president and chief operating officer. He will become president and CEO of the bank upon the scheduled retirement of current CEO Sherwood Moody in April , the bank said...
From Screens to Spoons
Bradford, Vt. — Ed Morrison had had his fill of the West Coast. Now, he wants others to eat their fill. His stint as an extra in movies and TV shows was fun, he said, but it doesn’t beat seeing a happy customer enjoy one of his hearty “country breakfasts.” “I’m all about family and feeding the people,” Morrison said, fresh off the breakfast shift at the Green Mountain Diner. “Nobody goes away hungry from here.” Morrison opened the...
Car Defects Raise Doubts About Crash Convictions
Lakisha Ward-Green spent three months in jail after she lost control of her Chevrolet Cobalt, killing her teenage passenger. Last week, a Pennsylvania judge, citing “newly discovered evidence” erased her guilty plea. The new evidence: the February 2014 recall by General Motors of 2.6 million cars for defective ignition switches. Ward-Green, now 25, is part of a small but growing group of people caught in a Kafkaesque legal web...
