Waltham, MA, United States
Waltham, MA, United States

Bentley University is a private co-educational university in Waltham, Massachusetts, 9 miles west of Boston, focused on business. Founded in 1917 as a school of accounting and finance in Boston's Back Bay neighborhood, Bentley moved to Waltham in 1968. Bentley awards bachelor of science degrees in 11 business fields and bachelor of arts degrees in 6 arts and science disciplines. The graduate school emphasizes the impact of technology on business practice, and offers PhD programs in Business and Accountancy, the Bentley MBA with 16 areas of concentration, an integrated MS+MBA, 7 Master of Science degrees, and custom executive education programs.Bentley's athletic teams compete in Division II of the NCAA and is known collectively as the Bentley Falcons. They compete in the Northeast-10 Conference. Wikipedia.


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News Article | February 28, 2017
Site: www.businesswire.com

BOSTON--(BUSINESS WIRE)--Brook Venture Partners, a Boston-based growth equity firm is pleased to announce the promotions of Brennan Mulcahey, Jonathan Green and Kyle Stanbro to Partner. They join Partners and Board members Fred Morris, Ned Williams and Walter Beinecke, and Director of Finance and Operations Jenn Mosto, as members of the senior management team. The firm has also promoted Ryan Wittman and Amit Nagdev to Associate. Commenting on the promotions, Fred Morris said, “Brook has doubled its assets under management over the past five years while evolving its focus from earlier stage investments to control, growth equity investments in technology and technology-enabled service companies. These three upcoming Partners and two Associates have been integral to this growth and evolution of focus. I am very pleased to see the next generation of talent rise to the Partner level.” Brennan Mulcahey joined Brook in 2011 and focuses primarily on leading new investments in Healthcare Information Technology, B2B Software, and Tech-Enabled Services, working with companies that have a proven business model and are looking to accelerate growth through enhanced sales and marketing. Brennan serves on the Board of Directors of Brook portfolio company Medicine-On-Time and is a Board observer at seven Brook portfolio companies. Brennan earned his BA in Finance from the University of Rochester in three years and holds an MBA from the Simon School of Business at the University of Rochester. Jonathan Green joined Brook in 2004 and is the head of Investor Relations. Prior to joining Brook, Jonathan was Vice President of Investor Relations for Boston American Asset Management, Inc. where he launched the firm’s second fund, doubling assets under management. Previously he founded or turned around various technology firms including Crestec Los Angeles, Inc., Aurora Graphics, and Touchmark, Inc. He holds a B.S. in Business Administration from the Whittemore School of Business at the University of New Hampshire. Kyle Stanbro joined Brook in 2014 and is the head of the Financial Planning and Analysis team, working very closely with Brook’s portfolio companies to manage their financial reporting, analysis, and planning. He is also engaged in evaluating strategic acquisition opportunities for these companies as they arise. Prior to joining Brook, Kyle held financial management positions at Travelers and Kodak. Kyle earned his BS in Corporate Finance from St. John Fisher College in Rochester, NY and holds an MBA from the Simon Graduate School of Business at the University of Rochester, completing concentrations in Finance and Corporate Accounting. Ryan Wittman joined Brook in 2014 and works closely with several of Brook’s portfolio companies to help with their financial reporting, analysis and planning. Prior to Brook, Ryan worked as a Financial Analyst at CSM Corporation, a Minneapolis based Real Estate Acquisition Company. Ryan earned his BA in Applied Economics and Management from Cornell University and holds an MBA from Boston College with a specialization in Corporate Finance. Amit Nagdev joined Brook in 2015 and works closely with several of Brook’s portfolio companies to help with their financial reporting, analysis and planning. Prior to joining Brook, Amit held corporate finance positions at Liberty Mutual, Constellation Brands, and Remy Cointreau. Amit earned his BA from Bentley University, holds an MBA from the University of Rochester, and has completed all three levels of the CFA exam. Brook Venture Partners makes growth equity control investments in Information Technology and IT-enabled service companies located in the eastern United States. The firm focuses on initial acquisition investments of $2-15 million and specializes in both financing and providing the strategic and planning support necessary to effectively manage growth. Brook is headquartered outside Boston in Wakefield, MA. For more information on Brook Venture Partners, see www.brookventure.com.


News Article | February 19, 2017
Site: news.yahoo.com

More US schools are obliging students to take economics or personal finance classes before they go out into the real world full of credit cards, unemployment and mortgages (AFP Photo/STAN HONDA) Washington (AFP) - Have you needed to use your high school chemistry recently? Anyone asked you lately who won the US-British war of 1812? Probably not. But have you taken out a loan to purchase a car or a house or go to college? Looked for a job? Got a credit card? Seen your paycheck disappear more quickly as prices rise? Those economic issues are factors of daily life, and yet navigating them has not traditionally been taught in US high schools or even required in college. But more schools are obliging students to take economics or personal finance classes before they go out into the real world full of credit cards and unemployment lines and mortgages. And with President Donald Trump disputing the accuracy of the widely reported official unemployment rate, the need to understand economic data is seeping beyond the geeky world of economists and statisticians and into the general public. The trouble is how to lure in students. Educators have found a new tool to make economics interesting and accessible: a fantasy league competition, not for football but for economic forecasts. The St. Louis Federal Reserve Bank, part of the US central bank system, is on the forefront of trying to make economic and personal finance information accessible to the general public, and especially to students. The newest feature is call FREDcast, a forecasting game where students try their hand at estimating four key economic indicators: the unemployment rate, job creation, the inflation-tracking consumer price index, and gross domestic product (GDP), the broad measure of the nation's goods and services output. Teachers set up private leagues so students can compete against their classmates for bragging rights and the title of top forecaster. The leaderboard changes every month, with points awarded based on how close they come to the actual number released by the government, out of a possible 250 for each for a perfect estimate. Along the way they have lessons that explain how the statistics are calculated, and they learn how much they vary month-to-month, and more importantly, why. Clearing up the mystery around the economic data is "really what we are aiming for," said Mary Suiter, the St. Louis Fed's assistant vice president and economic education officer. "People live in the economy, data appear in news stories, media, and I think in order to make something of those data you need to understand what they are and what they mean and how they're measured," she told AFP. The fantasy league program just went live in January after two semesters in beta testing, and has reached nearly 1,500 since it began, with 350 players active currently. Other Federal Reserve district banks have education programs, but most are focused on things like competitions for college teams to act as central bankers and decide how to move interest rates. But the St. Louis Fed since 2010 has focused on education for all ages through its "Economic Lowdown" website which provides videos, podcasts and even lesson plans and tests for kindergarten students all the way through college level. The 60 online courses and 100 videos cover a vast array of economic and personal finance topics, such as what is GDP, different types of unemployment, and credit scores. Suiter said a million students were enrolled last year from every state in the country. Florida and Georgia had the most because those school systems require either economics or personal finance, and these are "free high-quality programs." Those programs are important for students because unlike other subjects they study, they will use the information every day, Mike Owyang, a St. Louis Fed economist and assistant vice president, told AFP. "I was taking a lot of classes in college, like organic chemistry, which don't affect my real world on a daily basis," he said. "Economics affects my world on a daily basis." Teachers using the program say their students are caught up at first by the competition in the forecasting league, but quickly move on to working to understand how and why the statistics move from month to month. "It makes for really good teaching tool," said Laura Jackson Young, economics professor at Bentley University near Boston, Massachusetts.


News Article | February 23, 2017
Site: globenewswire.com

ATLANTA, Feb. 23, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), a leading provider of diversified lumber and building materials and solutions to new construction builders and professional remodelers in the U.S., announced today that Lisa Hamblet is adding Pro Remodeling to her responsibilities and assuming the title Executive Vice President, eBusiness and Pro Remodeling. Ms. Hamblet has led BMC’s eBusiness efforts since joining the Company in 2013.  “I am delighted to recognize Lisa’s contributions to our business with these expanded responsibilities,” said Peter Alexander, President and Chief Executive Officer. “She has demonstrated tremendous leadership in overseeing the Company’s successful eBusiness initiatives, including the launch of BMC’s eCommerce business as well as the adoption of both our Logistics and Installation Solutions. Lisa is the ideal person to lead a more focused effort to increase our services to professional remodelers, particularly with the significant utilization of BMC’s eCommerce offering by this group of customers. In fact, we’ve seen a significant increase in sales among professional remodelers in those markets where we have introduced our eCommerce platform.  With the bulk of our integration efforts behind us, we are turning much of our focus to strategic growth initiatives and see a strong opportunity to capture additional market share in what is an underserved customer segment in our industry.” Prior to joining BMC, Ms. Hamblet was with Staples Inc., where she held various senior management roles including Vice President of B2B eCommerce and Customer Support, Vice President of B2B Services and, most recently, Vice President of Facility Solutions. Ms. Hamblet received her undergraduate degree from the University of Massachusetts, Amherst and a M.B.A. from Bentley University. Headquartered in Atlanta, Georgia, BMC is one of the nation's leading providers of diversified building products and services to professional builders and contractors in the residential housing market.  The Company's comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform capable of supporting all of the Company's customers' needs.  BMC serves 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions.


News Article | February 23, 2017
Site: globenewswire.com

ATLANTA, Feb. 23, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), a leading provider of diversified lumber and building materials and solutions to new construction builders and professional remodelers in the U.S., announced today that Lisa Hamblet is adding Pro Remodeling to her responsibilities and assuming the title Executive Vice President, eBusiness and Pro Remodeling. Ms. Hamblet has led BMC’s eBusiness efforts since joining the Company in 2013.  “I am delighted to recognize Lisa’s contributions to our business with these expanded responsibilities,” said Peter Alexander, President and Chief Executive Officer. “She has demonstrated tremendous leadership in overseeing the Company’s successful eBusiness initiatives, including the launch of BMC’s eCommerce business as well as the adoption of both our Logistics and Installation Solutions. Lisa is the ideal person to lead a more focused effort to increase our services to professional remodelers, particularly with the significant utilization of BMC’s eCommerce offering by this group of customers. In fact, we’ve seen a significant increase in sales among professional remodelers in those markets where we have introduced our eCommerce platform.  With the bulk of our integration efforts behind us, we are turning much of our focus to strategic growth initiatives and see a strong opportunity to capture additional market share in what is an underserved customer segment in our industry.” Prior to joining BMC, Ms. Hamblet was with Staples Inc., where she held various senior management roles including Vice President of B2B eCommerce and Customer Support, Vice President of B2B Services and, most recently, Vice President of Facility Solutions. Ms. Hamblet received her undergraduate degree from the University of Massachusetts, Amherst and a M.B.A. from Bentley University. Headquartered in Atlanta, Georgia, BMC is one of the nation's leading providers of diversified building products and services to professional builders and contractors in the residential housing market.  The Company's comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform capable of supporting all of the Company's customers' needs.  BMC serves 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions.


News Article | February 23, 2017
Site: globenewswire.com

ATLANTA, Feb. 23, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), a leading provider of diversified lumber and building materials and solutions to new construction builders and professional remodelers in the U.S., announced today that Lisa Hamblet is adding Pro Remodeling to her responsibilities and assuming the title Executive Vice President, eBusiness and Pro Remodeling. Ms. Hamblet has led BMC’s eBusiness efforts since joining the Company in 2013.  “I am delighted to recognize Lisa’s contributions to our business with these expanded responsibilities,” said Peter Alexander, President and Chief Executive Officer. “She has demonstrated tremendous leadership in overseeing the Company’s successful eBusiness initiatives, including the launch of BMC’s eCommerce business as well as the adoption of both our Logistics and Installation Solutions. Lisa is the ideal person to lead a more focused effort to increase our services to professional remodelers, particularly with the significant utilization of BMC’s eCommerce offering by this group of customers. In fact, we’ve seen a significant increase in sales among professional remodelers in those markets where we have introduced our eCommerce platform.  With the bulk of our integration efforts behind us, we are turning much of our focus to strategic growth initiatives and see a strong opportunity to capture additional market share in what is an underserved customer segment in our industry.” Prior to joining BMC, Ms. Hamblet was with Staples Inc., where she held various senior management roles including Vice President of B2B eCommerce and Customer Support, Vice President of B2B Services and, most recently, Vice President of Facility Solutions. Ms. Hamblet received her undergraduate degree from the University of Massachusetts, Amherst and a M.B.A. from Bentley University. Headquartered in Atlanta, Georgia, BMC is one of the nation's leading providers of diversified building products and services to professional builders and contractors in the residential housing market.  The Company's comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform capable of supporting all of the Company's customers' needs.  BMC serves 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions.


News Article | February 23, 2017
Site: globenewswire.com

ATLANTA, Feb. 23, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), a leading provider of diversified lumber and building materials and solutions to new construction builders and professional remodelers in the U.S., announced today that Lisa Hamblet is adding Pro Remodeling to her responsibilities and assuming the title Executive Vice President, eBusiness and Pro Remodeling. Ms. Hamblet has led BMC’s eBusiness efforts since joining the Company in 2013.  “I am delighted to recognize Lisa’s contributions to our business with these expanded responsibilities,” said Peter Alexander, President and Chief Executive Officer. “She has demonstrated tremendous leadership in overseeing the Company’s successful eBusiness initiatives, including the launch of BMC’s eCommerce business as well as the adoption of both our Logistics and Installation Solutions. Lisa is the ideal person to lead a more focused effort to increase our services to professional remodelers, particularly with the significant utilization of BMC’s eCommerce offering by this group of customers. In fact, we’ve seen a significant increase in sales among professional remodelers in those markets where we have introduced our eCommerce platform.  With the bulk of our integration efforts behind us, we are turning much of our focus to strategic growth initiatives and see a strong opportunity to capture additional market share in what is an underserved customer segment in our industry.” Prior to joining BMC, Ms. Hamblet was with Staples Inc., where she held various senior management roles including Vice President of B2B eCommerce and Customer Support, Vice President of B2B Services and, most recently, Vice President of Facility Solutions. Ms. Hamblet received her undergraduate degree from the University of Massachusetts, Amherst and a M.B.A. from Bentley University. Headquartered in Atlanta, Georgia, BMC is one of the nation's leading providers of diversified building products and services to professional builders and contractors in the residential housing market.  The Company's comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform capable of supporting all of the Company's customers' needs.  BMC serves 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions.


Chau M.,University of Hong Kong | Xu J.,Bentley University
MIS Quarterly: Management Information Systems | Year: 2012

The increasing popularity of Web 2.0 has led to exponential growth of user-generated content in both volume and significance. One important type of user-generated content is the blog. Blogs encompass useful information (e.g., insightful product reviews and information-rich consumer communities) that could potentially be a gold mine for business intelligence, bringing great opportunities for both academic research and business applications. However, performing business intelligence on blogs is quite challenging because of the vast amount of information and the lack of commonly adopted methodology for effectively collecting and analyzing such information. In this paper, we propose a framework for gathering business intelligence from blogs by automatically collecting and analyzing blog contents and bloggers' interaction networks. Through a system developed using the framework, we conducted two case studies with one case focusing on a consumer product and the other on a company. Our case studies demonstrate how to use the framework and appropriate techniques to effectively collect, extract, and analyze blogs related to the topics of interest, reveal novel patterns in the blogger interactions and communities, and answer important business intelligence questions in the domains. The framework is sufficiently generic and can be applied to any topics of interest, organizations, and products. Future academic research and business applications related to the topics examined in the two cases can also be built using the findings of this study.


Stavrulaki E.,Bentley University
International Journal of Production Economics | Year: 2011

We study a retailer's inventory policy for two products. The products are substitutable and have inventory dependent demand, so a higher inventory level of a product increases its sales. We model the joint effect of demand stimulation and product substitution on inventory decisions by considering a single-period, stochastic demand setting. We provide the first order optimality conditions for the profit maximizing order quantities and interpret them using marginal analysis. We also consider two heuristic solutions that separately account for either demand stimulation or product substitution. Our numerical analysis reveals that the optimal policy by appropriately using sales information that quantifies substitution and demand stimulation can produce significantly higher profits. The profit benefits are lessened under certain circumstances, such as when the two products have similar critical fractile values, suggesting that in such instances the heuristics may be used effectively. © 2010 Elsevier B.V. All rights reserved.


WALTHAM, Mass., March 1, 2017 /PRNewswire-USNewswire/ -- The Center for Women and Business (CWB) at Bentley University has joined forces with insurance giant Liberty Mutual Insurance to strengthen young women's leadership and education. Thanks to a generous $1 million grant, Liberty...


News Article | February 23, 2017
Site: www.businesswire.com

BROCKTON, Mass.--(BUSINESS WIRE)--HarborOne Bank today announced that Chief Operating Officer and Chief Financial Officer Joseph F. Casey has been named President of HarborOne Bank. Casey was appointed to the bank’s Board of Directors and will continue in his role as COO. “This move provides us greater depth within executive management, and allows Joe to focus his considerable financial expertise on the day-to-day management of the bank,” said Chief Executive James W. Blake, who will continue in his role as CEO. Casey joined HarborOne in 2004 as Senior Vice President and CFO, and served as Executive Vice President from 2006 to 2015. He has played a central role in HarborOne’s strategic growth initiatives, including the conversion of HarborOne from a credit union to a bank charter, the acquisition of Merrimack Mortgage LLC, and the bank’s initial public offering in 2016. Prior to joining HarborOne, Casey served as Vice President at Seacoast Financial Services, and as Senior Vice President, CFO and Treasurer for Compass Bank for Savings. Casey served as CFO and Treasurer for Andover Bancorp. Joseph Casey received his bachelor’s degree from Bentley University and is a graduate of the American Bankers Association School of Bank Investments and of Harvard Business School’s Program for Management Development. Casey has also been a community leader in Southeastern Massachusetts since coming to HarborOne, serving as a board member on the Metro South Chamber of Commerce, and on the boards of both the Brockton 21st Century Corporation and the Old Colony YMCA. He lives in Hingham with his wife and children. About HarborOne Bank With $2.4 billion in assets, HarborOne Bank is the largest co-operative bank in New England. HarborOne serves the financial needs of consumers, businesses, and municipalities throughout southeastern Massachusetts through its network of 14 full-service branches, two limited service branches, a commercial loan office in Providence, Rhode Island, and a residential lending office in Westford, Massachusetts. The Bank also provides a range of educational services through “HarborOne U,” with classes on small business, financial literacy and personal enrichment at two campuses located adjacent to its Brockton and Mansfield locations. HarborOne is the parent company of Merrimack Mortgage, LLC, a full-service mortgage lender with 34 offices in Massachusetts, New Hampshire, Connecticut and Maine, and also does business in five additional states.

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