Banking & Finance

Bangor Savings Bank announces $10 million Portland expansion

Bangor Savings Bank announced in a press release Tuesday morning that it would be revealing plans for a $10 million expansion Thursday.

Fisheries & Marine

DiMillo's Yacht Sales acquires Acadia Yachts in Maryland

Portland-based DiMillo’s Yacht Sales announced Monday it had acquired Acadia Yachts Sales, a yacht dealership and brokerage firm in Oxford, Md.

Energy & Utilities

PUC to mull investigation in Texas energy company

The Maine Public Utilities Commission will deliberate today whether to open an investigation into the marketing practices of a Texas energy company, the Journal Tribune reported.

Retail & Food service

Italian market to open in former downtown Waterville food co-op space

The former downtown Waterville storefront of Barrels Community Market, which closed earlier this summer, is set to become a “high-end Italian market,” the Morning Sentinel reported Monday.

Health care

Maine Medical Center unveils $40M operating room wing

James McCarthy |

Portland's Maine Medical Center unveiled its state-of-the-art $40 million operating wing Monday, a two-story vertical expansion erected on top of the medical center's lower Bean Building near the...

Real Estate & Construction

Iron Mountain buys 95,000-square-foot Scarborough warehouse

Laurie Schreiber |

When Boston-based Iron Mountain Information Management LLC converted to real estate investment trust status in 2014, it went into acquisition mode, buying properties globally to utilize for its...


Waterville airport expects boost thanks to recent investments

Millions of dollars’ worth of work over the last two years at the Robert LaFleur Municipal Airport in Waterville will help the airport handle increased jet traffic and service aircraft, city...

Education & Training

Husson raising funds for business school building, financial aid

Husson University in Bangor announced Saturday the launch of the public portion of a capital campaign to raise $30 million to increase scholarships, grow the university's endowment and construct a...

Government & Politics

Trans-Pacific Partnership clears key hurdle

The United States and 11 other Pacific Rim nations reached a deal on the Trans-Pacific Partnership, the largest regional trade accord in history, the New York Times reported Monday morning.

Fisheries & Marine

Portland sustainability startup wins $100,000 investment in pitch competition

Rapport, a Portland startup that develops software for businesses to track sustainability metrics, won a $100,000 investment from AOL founder Steve Case's investment company during a pitch...

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How to know when to sell your business

Brian D. Hanson |

When is it too late to sell your business?

How to improve your awareness and security while on business travel

Harding Bush |

As enterprises grow and markets shift, business travel increases. This often includes travel to international markets in some of the less developed or less secure regions of the world. On...

How to avoid common 401(k) plan errors

Matt Prunier |

How to tap the potential of employees with disabilities

Susan Greenwood |

How to cut workers’ comp costs in 6 steps

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Tapping creativity can be like climbing a mountain

Lori Valigra |

In a September National Geographic article, climber Mark Jenkins tells how he and his team tried, and only barely failed, to summit Hkakabo Razi (KA-kuh-bo RAH-zee) in Myanmar. They...

Build an effective online media room in 10 steps

Nancy Marshall |

Anytime journalists are looking for information on your company, they will inevitably start by looking at your website. If you have a tab for "Media Room" or "Press...

Use your most valuable asset — your contact list

Nancy Marshall |

Don't overlook Maine's downtowns

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Maine's highest-paid health care professionals

Ranked by total annual compensation, 2013 (1)

RankName, title, companyTotal annual compensation/Salary (2)
1Peter E. Chalke, president/CEO, Central Maine Healthcare Corp.(3)$1,835,983/$1,819,657
2Michael A. Johnson, retinal surgeon, Eastern Maine Medical Center$1,575,968/$1,539,690
3William L. Caron Jr., president/CEO, MaineHealth$1,269,373/$1,193,562

(1) Given the various timing of organizations' fiscal years, 2013 figures are the most recent available for comparison. In addition, some executives may no longer be in the same
position or with the organization.
(2) Salary includes base, bonus, incentive and other reportable compensation.
(3) Although Central Maine Medical Center and Central Maine Healthcare Corp. are related, they have separate employee identification numbers and file individual tax returns.
SOURCE : Guidestar, a 501(c)3 that collects and presents 990 forms for IRS-registered nonprofits./Compiled by Roger Magnus.

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