Renee Cordes

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https://mainebiz.biz
rcordes@mainebiz.biz
207-761-8379 x337
Renee joined Mainebiz in February 2017 after more than two decades as a journalist in Europe. In 2023, she received a first place award from the New England Newspaper & Press Association for racial, ethnic or gender issue coverage and a silver award from the Alliance of Area Business Publishers for business and economics beat reporting. She was a National Press Foundation fellow in 2022. The Chicago native holds undergraduate and graduate degrees from Northwestern University’s Medill School of Journalism and launched her journalism career at the Chicago Daily Law Bulletin. Renee, a fan of historical fiction, is fluent in German and French and lives in Cape Elizabeth with her husband and pet cockatiel.
Banking & Finance

🔒WEX names new chair of reshuffled board as hedge fund wins seats

David Foss was named board chair at the Portland-based provider of financial technology services to replace Melissa Smith, who will retain a board seat and remain as president and CEO.
Business expansion

🔒Longtime Portland jeweler aims for bigger sparkle in city’s Old Port

The family-owned business will triple its retail footprint with a move to 455 Fore St., expanding to 6,000 square feet from its current location at 580 Congress St.
C-suite

Women execs talk leadership, career caveats at Mainebiz forum

From the “disease to please” to minimizing one’s physical presence, this year's Mainebiz Women's Leadership Forum explored habits that can hold women back from reaching their goals, as outlined in a book entitled "How Women Rise."
Banking & Finance

🔒Boston Fed chief opposes rate cuts ‘for some time’

Susan M. Collins, president and CEO of the Federal Reserve Bank of Boston, said she opposes interest rate cuts as the Iran war pushes inflation to a three-year high.
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Economy

🔒Maine business groups set goals for state economy in 2035

A report released by the Maine State Chamber of Commerce and Maine Community Foundation calls for a more predictable, efficient and transparent regulatory environment.
Economic development

Westbrook to seek temporary ban on data centers

“People are very concerned about the rapid proliferation of data centers driven by AI and cloud computing. I share that concern," said Mayor David Morse.
Higher education

Student-staffed Portland clinic offers free law, business services

The clinic, a partnership between the University of Maine School of Law and the University of Maine Graduate School of Business, was recently launched at the Maine Center.
Philanthropy

Hearts of Pine soccer star to join Drive Fore Kids charity golf tourney

Hearts of Pine midfielder Ollie Wright will swap his soccer kit for a golf get up when he plays in the Drive Fore Kids charity golf tournament next month in Falmouth.
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Banking & Finance

🔒WEX bows to hedge fund demands, agrees to remove CEO from board chair role

Under pressure from 4.9% shareholder Impactive Capital, WEX has agreed to separate the roles of CEO and board chair and add three board nominees put forward by the New York-based hedge fund.
Manufacturing

🔒TimberHP lands strategic investor, gears up for hiring push

Less than a year after exiting Chapter 11, the Madison-based maker of wood-fiber insulation landed backing from New York-based FTAI Infrastructure.
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