The New York Racing Association, Inc. announced that all-sources wagering handle surged to a record $878.2 million during the recently completed 2022 summer meet at historic Saratoga Race Course.

The figure eclipsed the previous record of $815.5 million established in 2021, by 7.7 percent.

The 2022 meet ended Labor Day.

The record setting 40-day meet generated average daily handle of $21,955,299, which is also the highest such figure in the history of Saratoga, according to NYRA.

On-track handle, which includes New York residents wagering via NYRA Bets, was $152.3 million, or 10.5 percent higher than the $137.8 million wagered on-track in 2021.  

Paid attendance in 2022 was 1,075,586, which is the seventh consecutive season with paid attendance north of 1 million, excluding 2020 when fans were not permitted due to the Covid-19 pandemic, officials said. 

Pioneer, a financial institution in the Capital Region with offices in Saratoga County, has appointed Thomas Signor of Clifton Park as executive vice president and chief administration officer. 

In that role, he will oversee all bank operations, including deposit and retail loan operations, compliance, risk, information technology, security, and facilities management.

Prior to joining Pioneer, Signor spent 16 years at Kinderhook Bank, rising from internal auditor to executive vice president and chief operating officer. In that position, he provided oversight and management of the operations, retail loan servicing, IT, compliance, electronic banking, and facilities departments. 

In addition, he served as bank secrecy officer; oversaw construction and fit-up of five new bank branches; researched, recommended and implemented new technology offerings for customers and employees; and developed and led the integration process for the bank’s acquisition of Patriot Federal Bank.

The Saratoga County Chamber of Commerce will hold its 2022 B2B Expo on Thursday, Oct.  6 at Saratoga Springs City Center.

The  networking event attracts attendees from a variety of industries, representing the public, private, and nonprofit sectors.

“Every year, we look forward to hosting our annual B2B Expo and providing organizations throughout the county with the opportunity to network and hopefully build lasting, collaborative working relationships,” said Todd Shimkus, Chamber president.

The Expo is open to local businesses and the public from 3:30-7 p.m. Attendees will have the chance to interact with fellow business professionals to grow their network and find future potential partnerships.

The Chamber said over the years, the B2B Expo has become the premiere networking event, gathering professionals and organizations from across the Capital Region together in one space.

Attendees are encouraged to register ahead of time. Active Chamber members will enjoy complimentary admissions. Attendance for the general public and others will be $5 and a business card collected at the door.

GlobalFoundries has appointment of Pradheepa Raman as chief people officer, joining the leadership team in Malta.

An experienced human resources executive with demonstrated success in driving positive change to the employee experience and building organizational resiliency through skills development, Raman will be responsible for leading all aspects of GlobalFoundries’ worldwide human resources efforts. 

Official said that as GlobalFoundries continues to expand its global manufacturing capacity, key areas of focus for Raman will be recruitment, talent development, and advancing the company’s  culture of diversity, equity, and inclusion.

Raman joins GlobalFoundries from Stanley Black & Decker, where she held the dual roles of global head of human resources and chief transformation officer for the company’s largest business unit. 

Prior to that, she served as the company’s chief talent innovation officer. Before Stanley Black & Decker, Raman served as head of talent, diversity, and employee engagement at Samsung Electronics America, and in several human resources leadership roles at global technology company Avaya.

Kristin Chlopecki was named the new executive director of the Tri-County United Way, succeeding Brian Bearor, who resigned in April.

She has served the organization for eight years as a business manager and director of resource development before accepting her new position with the board of directors.

Zack Moore, chairman of the Tri-County United Way board of directors, said he is happy to have someone who is already a part of the organization take the job.

“We are so fortunate to have a local person who is already on our United Way team and is as experienced a leader as Kristin and is prepared to accept these broader responsibilities,” Moore said in a news release. “Kristin was the unanimous and enthusiastic choice of our search committee.”

Chlopecki is a Glens Falls High School graduate. Before joining United Way, she worked in fashion publishing in New York City after earning degrees from Ohio University and New York FIT. She said she is looking forward to bringing leadership of the United Way team the “financial and creative skills that made her successful in business.”

By Christine Graf

Capital Region Environmental Lab, a full-service water testing lab, recently opened a satellite office at Suite 231 of 7 Hemphill Place (Parade Ground Village) in Malta. 

The Rensselaer-based company is owned by Brian Collins and Erika LaPorta. 

A state and EPA approved environmental laboratory, the company tests drinking water and non-potable water.

 “We specialize in drinking water. We do bacteriological testing, we do minerals and metals analyses, we do organic chemical testing and so forth,” said Collins. 

The company’s clients include local and state health departments, municipalities, and local business and restaurant owners. Private homeowners also make up a large portion of their customer base.

The Malta satellite office is for sample drop offs only and was opened due to customer demand.  

“We have some very good clients in that area, and they asked if we could open another facility to make it more convenient to drop off samples,” said Collins. “Right now, we do not do any testing there. If we decide to do that, we need to apply to the state for certification and approval.”

Work continues this month on the next phase of the Saratoga Springs’ FiberCity project, a $32 million endeavor that will see fiber infrastructure available to every household, business, and institution citywide, officials said.

One month after SiFi Networks completed construction on the first phase, the city’s Department of Public Works confirmed that the construction methodologies used in the greenspace public right-of-way met the department’s stringent standards.  

DPW Commissioner Jason Golub said that so far, the city has been pleased with the network’s greenspace construction methodologies. 

“Installing in the greenspace with other utilities is a less invasive construction methodology. SiFi has assured us that they will be working with residents to communicate any issues during construction,” he said. “Throughout the recently completed phase, SiFi’s public interaction was great and the installation was a success. Only a few weeks have passed and you would hardly notice there was construction.”

The first homes on the network are slated to go-live this winter.  

In green space construction, a narrow incision is dug either behind the curb or sidewalk to lay conduit that houses fiber cables. Underground radar and water jets are used in the process to avoid harming tree roots during construction. Residents along Myrtle, Marvin, and Van Rensselaer Streets who experienced firsthand what green space construction entails, told officials that they were pleased, according to the company.

By Paul Post

Kevin Hedley left the security of an established accounting firm to start his own one-man practice.

Thirty years later, his Clifton Park-based Hedley & Co. has nearly a dozen employees including two other CPAs, Kristen E. Bus and Joanna Piscitella, serving commercial and individual clients across the U.S.

“We’re very fortunate that our clients think enough of the work we do, and how we do it for them, that they’re willing to share it with their friends and colleagues,” he said. “It’s strictly word of mouth. We don’t do any marketing outside of Saratoga County. The fact that I’ve got clients from 30 years ago, including some from Florida, is a testament to what we’re doing.”

Rule number one, a guiding principle for the firm’s success is “being honest with yourself, your employees and customers,” Hedley said. “They’ve got to have confidence in what you’re doing, why you’re doing it and feel as though you’re doing it in their best interest.”