ON THE COVER

Women to Watch

August 6, 2012 06:00 am

Welcome to our fourth annual Mainebiz Women to Watch recognition, our chance to present remarkable women executives who are leading their companies and organizations with grace, insight...

FEATURES

Broadband network nears completion

KENNETH Z. CHUTCHIAN | August 6, 2012 06:00 am

Superb summer weather in Maine has done more than make a drought-weary nation envious of the Pine Tree State. It is pushing the completion of a 1,100-mile fiber optic network ahead of schedule by two...

Theo Kalikow, former president of the University of Maine Farmington, settles into her new job as president of the University of Southern Maine

Academic advocate

Matt Dodge | August 6, 2012 06:00 am

In her 18 years as president of the University of Maine Farmington, Theodora Kalikow helped the school earn national recognition as a top public liberal arts college. Under Kalikow's...

Focus on Education & Training

Wick Johnson, president of Kennebec Technologies, with employee Brian Beach. The company helped pay for Beach's two degrees

Loan overload

SARA ANNE DONNELLY | August 6, 2012 06:00 am

The Federal Reserve Bank of New York reports that student debt has climbed to $904 billion in the first quarter, a debt load that is being blamed for...

Bridging the skills gap

James McCarthy | August 6, 2012 06:00 am

John Reny, president of R.H. Reny Inc., happens to be in the retail business, but he cares deeply about the growing applied-technology...

Columns

Chasing the money

BY Mal Leary

Surplus expectations reduced

What’d he say?

I’ll get to some examples further down, but two consistent elements of the experience strike me with particular force:

Wholesome advice

BY DOUG PACKARD

Although business success can be satisfying for leaders, it’s important to experience success and fulfillment outside of your professional...

Lists

Maine's largest nonprofit organizations

Ranked by 2011 assets (1)

Rank	Nonprofit, location	Assets/Liabilities
1	Bowdoin College, Brunswick	$1,294,173,000/$203,029,000
2	Maine Medical Center, Portland	$1,098,704,079/$515,082,782
3	Colby College, Waterville	$1,050,624,000/$131,831,000
4	Eastern Maine Medical Center (2), Bangor	$459,472,780/$220,225,914

Source: Guidestar, a 501(3)c that collects and presents 990 forms for IRS-registered nonprofits./Compiled by Roger Magnus. (1) Given the various timing of organizations' fiscal years, 2011 figures are the most recent available for comparison. (2) Although Eastern Maine Medical Center and Eastern Maine Healthcare Systems are related, they each have separate employer identification numbers and file individual tax returns

Maine's largest hotels

Ranked by number of guest rooms as of May 2013

Rank	Hotel, location	Guest rooms/Conference rooms
1	Westin Portland Harborview Hotel (1), Portland	289/8
2	Harborside Hotel, Spa & Marina, Bar Harbor	285/5
3	Bar Harbor Regency Holiday Inn, Bar Harbor	280/4
4	The Anchorage by the Sea, Ogunquit	241/1

(1) Formerly Eastland Park Hotel, re-opening December 2013. Source: Each hotel/Compiled by Roger Magnus and Heide Martin.

Maine's highest-paid public company executives

Ranked by total annual compensation, 2012

Rank	Executive, location	Total annual compensation (1)/Organization's revenue (in millions)
1	Jonathan Ayers, president/CEO Idexx Laboratories Inc., Westbrook	$3,824,198/$1,293.3
2	Michael Dubyak, president/CEO WEX Inc.(2), South Portland	$1,945,545/$623.2
3	Jay Mazelsky, executive vice president Idexx Laboratories Inc, Westbrook	$1,333,386/$1,293.3
4	Michael Williams, executive vice president Idexx Laboratories Inc., Westbrook	$1,134,498/$1,293.3

(1) Total annual compensation includes salary, bonus and other annual compensation, but not long-term compensation. (2) Formerly Wright Express Corp. On May 1, 2013, Melissa Smith assumed the position of president as part of a leadership succession plan that will culminate in her taking on the additional role of CEO of WEX Inc. on Jan. 1, 2014. Michael Dubyak will remain chairman and CEO of WEX Inc. during the transition period, and will assume the newly created role of executive chairman of the board on Jan. 1, 2014.

Source: U.S. Securities & Exchange Commission company Proxy Statements (14A); each company's financial statements./Compiled by Roger Magnus.

Maine's largest commercial property sales

Ranked by sale price, 2012

Rank	Property, location	Sale Price/Square footage
1	56 Milliken St., Portland	$6,457,000/200,625
2	125 Industrial Way, Portland	$5,800,000/100,000
3	1 Wallace Ave., South Portland	$5,500,000/100,000
4	638 Congress St., Portland	$4,509,000/133,424