Personnel
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The number of Americans filing applications for unemployment benefits unexpectedly dropped last week to the lowest level in more than eight years. more
Service industries expanded in May at the fastest pace in nine months as orders picked up, indicating improving sales will help the U.S. economy strengthen. more
Falling interest rates have reduced the ability of U.S. corporate pension plans to fund their obligations to the lowest this year, according to the Bank of New York Mellon Corp. more
Leland R. Merrill Jr. more
Kenneth R. Burnett has been promoted to manager of commercial lending at BankNewport, where he is responsible for commercial lending and expansion of the bank’s commercial lending portfolio throughout Rhode Island and southeastern Massachusetts. more
Jacob J. Belt has joined Freedom Equity Group as senior vice president. more
Jim Riordan has been named a senior stormwater professional in the water and coastal engineering business unit of ESS. Previously, Riordan worked as a senior project manager at Fuss & O’Neill Engineering Consultants Inc. He holds an MUP from New York University and a B.A. in psychology from the University of Lowell. more
Marie Pellegrino has been appointed vice president/controller of BayCoast Bank. more
Paul Kloiber, RBS Citizens Financial Group branch manager, was recently honored with the bank’s Citizens Helping Citizens Volunteer Award, which honors employee volunteers who perform exemplary service to the community. more
Michelle Colucci Pinto has joined Randall Realtors as a sales associate in the company’s Watch Hill office. more
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