Adirondack Bank appoints MVHS financial executive to board of directors

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UTICA — Adirondack Bank announced it has recently appointed Louis Aiello, senior VP and chief financial officer (CFO) at Mohawk Valley Health System (MVHS), as a new member of its board of directors. Aiello has more than 30 years of experience in finance and operations management, with specialized expertise in health-care financial leadership throughout Central […]

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Aiello has more than 30 years of experience in finance and operations management, with specialized expertise in health-care financial leadership throughout Central New York, aligning with the bank’s commitment to supporting vital community-focused growth, Adirondack Bank said in its announcement.

In his current role as MVHS CFO, Aiello directs finance and operations for a $750 million operating budget while supervising critical departments, including patient access and financial services, and coordinating the necessary managerial support to deliver the highest quality of care to all patients. He was instrumental in the planning and financing of the $600 million Wynn Hospital, the announcement stated.

“The extensive financial management experience and community involvement that Lou brings to the Bank’s board will be extremely valuable in helping to carry out our mission of supporting the economic growth of our communities in the Mohawk Valley region, the Adirondack North Country, and Central New York,” Rocco F. Arcuri, Sr., president and CEO of Adirondack Bank, said.

Aiello is an active member of the Healthcare Financial Management Association and serves on multiple community boards, including The House of the Good Shepherd and Junior Junction Inc.

“I look forward to working with the Bank’s board and management in carrying out the Bank’s important role of providing financial products and services that meet the needs of the consumers, businesses, and municipalities that it serves,” Aiello said.

Founded in 1898, Adirondack Bank is a privately owned community bank with about $1 billion in assets that is headquartered in Utica. The bank operates 17 full-service and two limited-service branch locations in the counties of Oneida, Herkimer, Clinton, Essex, and Franklin, and a loan production office in Syracuse.

ConMed to pay dividend for third quarter of 2025 in early October

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ConMed Corp. (NYSE: CNMD), a surgical-device maker originally based in the Mohawk Valley region, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the third quarter of 2025. The dividend is payable on Oct. 3, to all shareholders of record as of Sept. 15. At

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VIEWPOINT: Trump aims to backstop domestic health-care pharmaceutical supply chain through new EO

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We have seen plainly what happens when disasters interrupt domestic health-care supply chains: from N-95 masks to saline, our health-care system has struggled in the face of hurricanes and a pandemic, as just two recent examples, to maintain supplies essential to patient safety and care delivery. Cognizant of this history, on Aug.13, 2025, President Donald

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Syracuse, Watertown, Ithaca airports among New York facilities winning federal funding for projects

Construction, Design & Real Estate, Featured, Manufacturing & Engineering, Mohawk Valley, New York News, Nonprofits, North Country, Southern Tier, Sports, Entertainment & Tourism

SYRACUSE, N.Y. — Airports serving Syracuse, Oswego County, Rome, Watertown, and Ithaca will use federal funding for improvement projects and equipment. The awards are part

MVHS, OCLDC announce $50,000 for physician-retention program

Mohawk Valley, Education & Training, Employee Benefits & Human Resources, Health Care, New York News, Nonprofits, Sports, Entertainment & Tourism, Subscriber Only

UTICA, N.Y. — Mohawk Valley Health System (MVHS) and the Oneida County Local Development Corporation (OCLDC) say they’re investing $50,000 in a new initiative aimed at strengthening physician retention in the Mohawk Valley region. The funding, which OCLDC approved, will support MVHS’s Resident-to-Attending Bridge program, a workforce-development effort designed to help final-year medical residents transition

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The funding, which OCLDC approved, will support MVHS’s Resident-to-Attending Bridge program, a workforce-development effort designed to help final-year medical residents transition into long-term attending roles within the community, MVHS said.

The program includes structured mentorship, faculty development, board-preparation stipends, and relocation assistance for graduates who commit to staying in the region.

“This investment is a powerful endorsement of our shared commitment to building a sustainable healthcare workforce,” Darlene Stromstad, president and CEO of MVHS, said in the announcement. “We are deeply grateful to OCLDC for recognizing the importance of physician retention as a cornerstone of regional economic vitality.”

The initiative aligns with OCLDC’s mission to support workforce sectors “critical to Oneida County’s long-term stability and quality of life.” Health care remains one of the most important sectors in the region, and retaining trained physicians is key to ensuring continued access to high-quality care, MVHS contends.

MVHS welcomed 35 new resident physicians this summer across seven residency programs, including family medicine, general surgery, psychiatry and pharmacy. Of the 10 family-medicine graduates, six have committed to staying in the Mohawk Valley, with roles ranging from hospitalists to faculty members.

“This program is not just about retaining talent — it’s about investing in the future of our community,” Shawna Papale, executive director of OCLDC and Mohawk Valley EDGE, said. “We’re proud to partner with MVHS on this initiative and look forward to seeing its impact on both healthcare and economic development in our region.”

The $50,000 contribution from OCLDC builds on recent philanthropic momentum at MVHS, including a $100,000 gift from a former physician and a $50,000 grant from a corporate fund to enhance simulation training, the health system noted.

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Colgate University unveils Peter’s Glen landscape corridor

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HAMILTON, N.Y. — Colgate University announced it has opened its new Peter’s Glen, a 2.5-acre landscape corridor made possible by the philanthropy of 1965 graduate

Syracuse University Chancellor Syverud to step down in June 2026

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SYRACUSE, N.Y. — Syracuse University Chancellor Kent Syverud plans to step down as chancellor and president in June 2026, after 13 years in the job.

Rebranded Sapphire Recruitment moves to Syracuse Inner Harbor

Construction, Design & Real Estate, Employee Benefits & Human Resources, Small Business, Subscriber Only

SYRACUSE, N.Y. — Sapphire Recruitment, which was formerly known as CPS Recruitment, has moved to the building known as Iron Pier at 720 Van Rensselaer St. in Syracuse’s Inner Harbor area. It held a formal-opening event on Tuesday morning. The company had been operating at 904 7th North St. in the town of Salina. In

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SYRACUSE, N.Y. — Sapphire Recruitment, which was formerly known as CPS Recruitment, has moved to the building known as Iron Pier at 720 Van Rensselaer St. in Syracuse’s Inner Harbor area.

It held a formal-opening event on Tuesday morning. The company had been operating at 904 7th North St. in the town of Salina.

In the firm’s announcement, Susan Crossett, CEO of Sapphire Recruitment, emphasizes that the rebrand goes beyond a name change.

“We’ve built a reputation on trust, adaptability, and deep local expertise,” Crossett said. “Sapphire Recruitment represents our forward-thinking approach and our commitment to being a true partner in the success of both employers and job seekers.”

Sapphire Recruitment also used its announcement to explain the rebrand, saying, “This rebrand represents a natural evolution — an opportunity to reinforce what has always set the company apart. Sapphire Recruitment is all about shaping futures for both industry and community at large. This transition allows us to build on our strengths, expand reach, and continue making meaningful connections between businesses and professionals.”

The new name “reflects the depth of their experience and the value of long-term partnerships. A sapphire takes millions of years to form, just like the relationships and expertise Sapphire Recruitment has built over the past 35 years,” per the Sapphire announcement.

In a separate announcement, COR Development Company sees the rebranded Sapphire’s move to the Syracuse Inner Harbor as “further establishing the area as a growing economic hub and premier destination for innovation and business growth.”

It joins a lineup of tenants that include Meier’s Creek Brewing Company, 315 Beauty Bar, Delmonico Insurance, and Café Blue.

Sapphire Recruitment is one of the largest independently owned, full-service staffing and recruitment firms in the Syracuse area and upstate New York. Established in 1989, the firm is a certified Women Owned Business (WBE).

New York SBDC presents awards to small businesses in Watertown, Camillus, and Oswego

Employee Benefits & Human Resources, Education & Training, Energy, Environment & Sustainability, Featured, Health Care, New York News, Small Business, Sports, Entertainment & Tourism

The New York State Small Business Development Center (NY SBDC) on Friday presented statewide awards to businesses in Camillus, Oswego, and Watertown. The NY SBDC

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