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Author: Joel Berg

Banking/Finance

Customers chief to retire

A titan of Pennsylvania banking is passing the baton.Jay Sidhu said Friday he plans to retire on Jan. 1 as chairman and CEO of Customers Bancorp, a Berks County lender that he transformed over a period of nearly two decades.The 73-year-old executive plans to remain the bank’s executive chairman. But he is handing the CEO role […]

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Harrisburg retailer adding store

R&M Variety Shop, a Harrisburg-area retailer offering an array of products and services, from pet food to phone repair, is adding a third location.An affiliate of the company paid $1.9 million for a building at 7500 Derry St. in Swatara Township, Dauphin County, according to county deed records. The 22,500-square-foot property was formerly owned by  717 […]

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Energy

Lawmaker’s proposal adds to growing pressure on power grid

A Chester County lawmaker is seeking support for legislation that would pave the way for Pennsylvania to withdraw from the PJM, the regional power grid that serves Pennsylvania and about a dozen other states. In a memo seeking sponsors for the legislation, Democratic state Rep. Danielle Friel Otten joins a chorus of critics who argue PJM has […]

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Fulton Financial

Kevin Gremer has been named chief operations and technology officer at Fulton Financial effective Aug. 25. He succeeds Karthik Sridharan, who left the Lancaster-based bank at the end of January after what a securities filing described as a “termination without ‘Cause.‘”Fulton created the executive role and hired Sridharan in 2023 to oversee the bank’s IT and […]

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Land for Carlisle-area data center goes for $44M

Developers have another step toward erecting a roughly $15 billion data center campus on farmland near Carlisle. An affiliate of PowerHouse Data Centers shelled out $44 million earlier this month for parcels comprising roughly 700 acres where the data centers are planned, according to county deed records. The site is in Middlesex Township along Country […]

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Construction

Contractor fires back in suit over concrete for hospital project

A contractor is disputing claims it’s liable for defective concrete used during construction of a new hospital tower in York.The contractor, New Holland-based Stief Concrete Work Inc., denies the claims, which were raised in a lawsuit filed in May by York-based Kinsley Construction LLC. Kinsley claims it’s owed $935,000 for the concrete, which the company delivered for use in […]

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McNees Wallace & Nurick

Kayla Bushey has joined the Radnor office of Harrisburg-based law firm McNees Wallace & Nurick.She will support clients with legal issues pertaining to privacy compliance, data breach response, and privacy and cybersecurity litigation. Bushey has experience in legal research and privacy policy analysis, with a focus on U.S. and international data privacy frameworks. She worked […]

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Tandem Center for Shared Business Success

Anthony Verrecchia has been named director of client services at Tandem Center for Shared Business Success. He will oversee the rollout of profit-sharing and employee ownership initiatives for clients of the Lancaster-based nonprofit. He also will work on enhancing Tandem’s internal systems and strategic direction.Founded in 2024, the nonprofit works with companies to implement direct employee […]

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WellSpan Health

Tina Citro has been named president of WellSpan Good Samaritan Hospital in Lebanon. She succeeds Patricia Donley, who was named chief nursing executive for the hospital’s parent, York-based WellSpan Health, in March.Citro was most recently the president of WellSpan Ephrata Community Hospital and been working as interim president of the 160-bed Good Samaritan. She joined WellSpan […]

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