May 23: DeMarco named Arrow CEO. Yankee Boat wins tax incentives. Pesticide bill moves forward. Latest Restore NY traunch announced.
Executive Summary: A regional run-down of today's top business news.
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Today’s top business news from around the region…
P-S: Arrow appoints David DeMarco CEO, replacing Murphy
Arrow Financial Corp. of Glens Falls, named David DeMarco the company’s CEO, and he told the Post-Star that all was well with the publicly-traded bank and insurance company. He told the paper the bank is still working to fulfill NASDAQ financial reporting requirements, but the banks they own — Glens Falls National and Saratoga National banks and trust companies — are on solid financial footing. As community banks, he said, they did not fall into the financial troubles that some specialty banks have seen, the story says.
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