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April 3, 2023 EditionEdition

🔒New hires, promotions and achievements for April 3, 2023

A roundup of new hires, promotions and achievements at companies and nonprofits throughout Maine.

🔒Ask ACE: Stay interviews, the why and how

Angela Hansen, an ACE member and co-founder of Range Culture Co., says companies routinely do exit interviews. But what about adding a "stay" interview to help employees with their professional growth.

🔒Maine’s insurance industry thriving on growth, change

Like many professional service industries, the insurance industry has been undergoing expansions and transitions in recent years, with acquisitions, C-suite transitions and new hires.

🔒On the Record: Ray Ruby leads nonprofit that aims to reduce cancer’s impact in Maine

Ray Ruby is the executive director of Maine Cancer Foundation, a Falmouth-based nonprofit whose biggest fundraiser is the annual Tri for a Cure triathlon in South Portland every July.
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🔒Checks and balances: Maine banks, believers in safety first, may face bumpy ride if turmoil escalates

In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil escalates into a wider crisis and sparks a recession.

Even as housing market slows statewide, Cumberland County prices stay high

Even as the number of homes sold in Maine continues to decline, Cumberland County, including Portland, has been a tough market for buyers to find a home.
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