Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
EBRI: New hires continue to favor target-date funds for 401(k)s
Interest in target-date and other types of balanced funds remained “strong” through 2014, with younger plan participants more likely to hold target-date funds than older

Chemung Canal Trust CEO Bentley to retire at year’s-end, COO Tomson to succeed him
ELMIRA, N.Y. — Ronald Bentley, CEO of Chemung Canal Trust Company and Chemung Financial Corp. (NASDAQ: CHMG), plans to retire on Dec. 31. Upon his

LeChase Construction to acquire Lendlease offices in Syracuse and North Carolina
LeChase Construction Services, LLC of Rochester will acquire “select construction-business assets” from Lendlease Americas Inc. in both Syracuse and the Raleigh–Durham area of North Carolina.

Benoit Groulx takes over as Syracuse Crunch head coach
SYRACUSE, N.Y. — Benoit Groulx is the new head coach of the Syracuse Crunch, general manager Julien BriseBois announced on Tuesday. Groulx replaces Rob Zettler,

Syracuse athletic director Coyle abruptly leaves for same job at Minnesota
SYRACUSE, N.Y. — Mark Coyle’s tenure as Syracuse University’s director of athletics is over after less than 11 months. Coyle is leaving Syracuse for a

Original Grain to open in Pike Block space that Tim Hortons vacated
SYRACUSE, N.Y. — A new restaurant called Original Grain plans to open June 13 in the former Tim Hortons space of the Pike Block building

Greater Utica Chamber to move Community Business Expo to MVCC venue this fall
UTICA, N.Y. — The Greater Utica Chamber of Commerce is moving its Community Business Expo to Mohawk Valley Community College’s (MVCC) Jorgensen Center this September.

State comptroller, Syracuse mayor say the city is not “fiscally stressed”
SYRACUSE, N.Y. — The City of Syracuse isn’t considered “fiscally stressed.” That’s according to New York State Comptroller Thomas DiNapoli’s fiscal-stress monitoring system, which gave

RIT president Destler to retire in 2017
HENRIETTA, N.Y. — William Destler, president of the Rochester Institute of Technology (RIT), announced Monday that he plans to retire at the end of the

Health Foundation leadership-fellows program graduates include 9 from CNY
Nine Central New Yorkers are among 36 graduates in the 2016 class of health-leadership fellows. The Health Foundation for Western & Central New York on