Michael Erickson, now executive vice president, will succeed Jay Mazelsky as president and CEO of the Westbrook-based maker of veterinary diagnostics and software.
The job of town manager can be one the more challenging in local government, and the rate of turnover is indicative of the hot seat that many managers assume.
Clover Terraces is targeted to buyers who earn between 80% and 120% of the area median income — too much to qualify for subsidized housing but too little to afford Maine’s skyrocketing home prices — often referred to as the state’s workforce population.
The project, slated tor completion in late 2026 and dubbed Clover Terraces, targets middle-income, first-time homebuyers — those who earn between 80% and 120% of the area median income.
By using prefabricated panels for walls, elevator shafts, floors and roofing, Hebert Construction is fast-tracking building time on a 61-unit affordable senior housing project.
The move, part of a revamp outlined last month that includes store upgrades and "tech-forward" digital banking, will leave the lender with 28 retail locations in Maine.