Category Archives: Business News

Matthew Lucas, a senior sales executive with a background in business strategy, marketing, sales, and global management, has been named Skidmore College’s 10th Harder Professor of Business Administration. 

Lucas, who will begin at Skidmore in the fall semester, has held multiple senior leadership positions at leading corporations, including global vice president of consumer sales at Bose Corp., senior vice president at Samsung U.S., and senior vice president of sales at Coty Beauty U.S. 

In these and other roles, officials said he has demonstrated extensive experience developing and executing strategic sales and marketing initiatives, fostering long-term business relationships, and achieving market dominance in highly competitive environments.

“As a globally recognized senior sales executive, Matt comes with a rich track record in defining brand and unique competitive positioning, establishing innovative alliances across diverse channels, and driving strategies with multicultural high-performance teams,” said David Cohen, associate professor and chair of the Management and Business Department. 

“Part of what makes Matt such a valuable asset to Skidmore is his extensive experience in digital sales, where he utilizes the very latest digital tools and techniques to drive business growth and deliver superior consumer experience. Matt is also committed to our mission of providing a business education firmly rooted in Skidmore’s liberal arts curriculum.” 

 Earlier in his career, Lucas also served in various capacities at Novartis Consumer Health and Procter & Gamble. 

An electric supply company based in Vermont will purchase a building  in Saratoga Springs and convert into  a distribution hub as well as offices, keeping jobs in the area and creating future job opportunities.

Green Mountain Electric Supply Inc. had expressed the desire to purchase a 143,000-square-foot office and distribution center from SKS Bottle & Packaging Inc. at 10 Skyward Drive, off Geyser Road.

The company has filed an application with the Saratoga County Industrial Development Agency seeking a tax incentive package that would help finance the transaction.

In late July, the IDA voted to award $1.56 million in tax incentives.  That includes $91,000 in sales tax exemptions, $105,000 in mortgage tax exemptions and $1.4 million in property tax exemptions over five years.

The company, a lighting, cable, alarm system and electrical parts distributor, will purchase a 22.3-acre complex that contains the building. The structure would be converted into a distribution hub that also would house the firm’s financial team.

Green Mountain was founded in 1953 and is in its third generation of ownership. Headquartered near Burlington, Vt., Green Mountain has rapidly expanded its presence across upstate New York, growing to 16 branches and two distribution centers. The company expanded into New York in 2008 through the acquisition of Glens Falls Electric Supply in Queensbury.

Hospitality and catering giant Mazzone Hospitality is undergoing a change in leadership, the company announced.

Officials said the strategic move comes as part of the company’s commitment to strengthening its position and delivering exceptional experiences to clients and guests. The team comprises three key executives who bring extensive expertise, innovation, and passion to their respective roles. 

Tim Vennard takes the helm of the company as vice president. He began his tenure with the company in 2009 when he was hired as chef manager at the PRIME Dining client, Price Chopper. Throughout the years, his dedication and innovative approach to business has earned him several promotions, the company said. Most recently, he held the position of vice president of PRIME Dining since 2015. 

Under Vennard’s leadership, the division has experienced growth, boasting a portfolio of 11 of the region’s largest employers. PRIME Dining grew to represent more than 50 percent of the company’s overall revenue. 

“I am truly honored and excited to take on the responsibility of leading the Mazzone Hospitality team. Carrying on the legacy that has been built over more than 40 years is an honor. I’m here because Angelo (Mazzone, company founder) took a chance on a young chef and mentored me every step of the way,” Vennard said. “I look forward to building upon Mazzone Hospitality’s strong foundation of providing great food, great service, and exceptional experiences for our clients and guests.”

Justine Ochal moves into the role of vice president of sales and client relations. She started as a busser at the age of 16. After pursuing her education, Ochal returned to the company and soon rose through the ranks to lead the Human Resources team. 

By Paul Post

The Digital Age has made communication faster and more far-reaching than ever with email and various social media platforms.

But it’s also led to a breakdown of face-to-face, interpersonal relations that a strong community bank needs to serve customers most effectively.

That’s one of the biggest challenges Dave DeMarco sees in his new role as president and CEO of Arrow Financial Corp., and its subsidiaries Glens Falls National Bank and Trust Co. and Saratoga National Bank and Trust Co.

“Technology has changed the banking industry dramatically,” he said. “We’re in the relationship building business. It’s hard to do that with someone who’s taking a picture of a check and banking on their cell phone or computer instead of coming to the bank. You couldn’t do that when I joined Glens Falls National 35 years ago.”

“We don’t see customers as much as we used to,” he said. “So we basically have to get out of the office to meet people and build relationships.”

DeMarco, 61, a Saratoga Springs resident, has been intimately involved with many facets of the evolving industry during his lengthy banking career.

A Niskayuna High School graduate (1980), he earned a degree in finance from the University of Texas at Austin (1984) and started out as a commercial lending officer for a large bank in Dallas before returning home to join Glens Falls National, in 1987, as manager of its commercial loan department.

From there he was put in charge of branch offices and marketing, and in 2004 was responsible for building the bank’s insurance operation, The Upstate Agency.

A $1.5 million state-of-the-art fire detection and suppression system has been installed at Grant Cottage State Historic Site, funded by the state Office of Parks, Recreation and Historic Preservation.

The cottage, in Gansevoort, is the Saratoga County retreat where Civil War General and U.S. President Ulysses S. Grant spent his final days. 

“This new equipment will better protect this National Historic Landmark, and its irreplaceable collection of historic furniture, floral arrangements and President Grant’s personal items from potentially devastating loss,” state Parks Commissioner Erik Kulleseid said. “It is a crucial investment in innovative technology to help preserve the cottage and its collection for the future generations of visitors.” 

The new system deploys a mixture of nitrogen and water mist, rather than streams of water, when sensors detect a fire. In the event of a blaze, the mist rapidly lowers fire temperatures while the nitrogen displaces oxygen, depriving the fire of the fuel it needs to continue. Mist systems also deploy much less water than traditional fire sprinkler systems, reducing the risk of widespread water damage to rooms and contents in the aftermath of a fire.

Northshire Bookstore celebrated 10 years in its Saratoga location of 424 Broadway in August.

The store is an award-winning independent bookstore, founded by Ed and Barbara Morrow on Main Street in Manchester Center, Vt., in 1976. The Saratoga Springs location opened in August of 2013. 

Both Northshire Bookstore locations are now owned and operated by sisters Cathleen Ihasz, Nicole Ihasz and Ashley Ihasz-Austin.

“Saratoga Springs understood the value of a downtown bookstore and effectively lobbied, invested and supported us,” said  Nancy Scheemaker, general manager of the Saratoga store. “We are of course deeply grateful for this passion and vision. We are grateful also for a decade of support that we could only have dreamed of prior to experiencing the real thing.”

Over the last decade, Northshire has presented more than a thousand author events in Saratoga Springs, hosted children’s programming and brought authors into area schools, partnered with local not-for-profits, and has worked with our customers to provide free children’s books to area children via our Book Angels program. 

By Susan Elise Campbell

There is a new 11,000-square-foot building going up behind Mahogany Ridge Dog Training and Daycare’s original leased location at 2983 Route 9 in Malta. 

When the last details are finalized, the entire staff and their furry guests will move into a clean, modern space under the new banner, Charlie’s Stay & Play. 

The project started to take shape three years ago when founder and former owner Jennifer Weis began talks with her friend and client Lisa Mitzen, a fellow animal lover who is known in the area for her business acumen and philanthropy. 

“We have a farm with lots of animals,” said Mitzen. “Twelve years ago we got a yellow lab puppy named Charlie and brought him to Mahogany Ridge for daycare.”

Mitzen “fell in love with the place” and grew fonder of Weis as she trained her dog, she said. Later the Mitzens added another lab and a mixed breed to the family and again Weis helped train them.

In 2021, the Mitzens bought Mahogany Ridge for their personal portfolio and Weis agreed to stay on to manage day-to-day operations and training. The next step was to buy five acres of land from Stewarts Corp. behind the doggie daycare just south of Northway Exit 13. 

By Christine Graf

Beth and Doug Davis, owners of Manhattan Exchange in Schenectady, have opened a second restaurant in Jonesville, east of Ballston Spa.

The Exchange opened its doors at the end of June at 857 Main St. in a space previously occupied by the Main Street Grill. 

Beth Davis is a baking and pastry graduate of the Culinary Institute of America, and her husband, Doug, is a Schenectady native with extensive restaurant experience.

“He worked for the Malozzis, he worked at the Pentagon (restaurant in Schenectady), he was the opening chef of Duke’s at the casino,” said Beth Davis. 

Davis worked at Villa Italia for a decade before the couple opened Manhattan Exchange in January 2020.  That restaurant serves upscale pub food and seats 100. 

“We were working so hard for other people, and we wanted to give ourselves the opportunity to work that hard for ourselves,” she said.

The Davises own both buildings that house their restaurants. They purchased the 1.64-acre  Jonesville property in 2022 for $545,000. The property includes the building that houses the restaurant as well as a second smaller building and a barn.