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 | April 27, 2017
Site: www.marketwired.com

BEDFORD, MA--(Marketwired - Apr 27, 2017) - Mass Innovation Nights (MIN) and The MITRE Corporation are collaborating to host #MIN98, an IoT-focused startup showcase and networking event, on Wednesday, May 10th from 6:00 p.m. to 8:30 p.m. The event will be held at MITRE's Massachusetts headquarters, 202 Burlington Road, Bedford, MA. "Mass Innovation Nights 98 will be our third event with MITRE, and we appreciate their commitment to supporting the local innovation community," said Bobbie Carlton, the founder of Innovation Nights, and Innovation Women. "MITRE continues to demonstrate this commitment to innovation in the Boston region." "We continue to see value in supporting local entrepreneurship events," said Pete Sherlock, MITRE senior vice president and chief operating officer. "Engaging with the innovation community is essential to our public interest mission. We're addressing complex challenges of national and global significance and access to local startups is a key part of that. Our role for our government sponsors is to be a bridge for innovation." Mass Innovation Nights #98 features experts, networking, tabletop presentations with new local products and presentations from the winners of online voting. The event is open to the public and free to attend. Two student-founded startups from Bentley University, Sales Sparks and Sooshay, will also present. Guests are encouraged to use hashtag #MIN98 and @MassInno to share their photos and commentary. Companies showcasing new products at #MIN98 include: There will also be experts from: Mass Innovation Nights gatherings typically generate hundreds of Tweets, Facebook posts, blogs, and videos, and are key visibility drivers for the launching companies. To attend, please RSVP by May 2, 2017. About Mass Innovation Nights Mass Innovation Nights (MIN) offers an opportunity for people interested in innovative new products to connect live and online. Each month, different companies launch new products with Innovation Nights and the social media community helps spread the word. The popular product launch party and networking event draws attendees from the entire region. Over the past 8 years, it has launched almost 1000 new products which have collectively received more than $1.3 billion in funding. Follow MIN on Twitter or visit the website at mass.innovationnights.com/. About MITRE MITRE is a not-for-profit organization that operates research and development centers sponsored by the federal government. Learn more.


News Article | April 17, 2017
Site: www.prweb.com

Wilmington Trust, N.A. hired Joshua Stowell as senior trust sales representative for its Global Loan Agency Services group in the Global Capital Markets division. Based in the company’s Boston office, he will focus on expanding loan agency services to alternative capital providers, business development corporations, and direct lenders. Stowell will also sell successor loan agency services. Stowell has more than a decade of experience in finance. He joins Wilmington Trust from U.S. Bank, where he was a business development officer responsible for selling domestic corporate trust products and services including loan agency, custody, CLO trustee, and middle-office services. Prior to that, he was a manager of collateralized debt obligation (CDO) analytics at U.S. Bank, overseeing a group of analysts and creating complex CDO models for structured deals. “The addition of Josh to our Global Loan Agency Services business builds on our status as a trusted provider of independent loan agency services in the U.S. and Europe,” said Pat Trainor, senior vice president and sales manager of Global Capital Markets. “Josh developed a strong reputation in the syndicated and middle market loan space by leveraging his valuable experience in both transaction administration and business development. “Josh will work in close collaboration with Chris Monigle, our veteran client development officer. Together, they will be a powerful business development team in this space.” Stowell earned a Bachelor of Science in Finance from Bentley University, and also studied at the Vienna University of Economics and Business. He is based in Wilmington Trust’s Boston office, located at 280 Congress St., and can be reached at (617) 457-2067. ABOUT WILMINGTON TRUST Wilmington Trust, N.A. provides Corporate and Institution services including institutional trustee, agency, asset management, retirement plan services, and administrative services for clients worldwide who use capital markets financing structures. The corporate and institutional division is distinguished from many competitors by its status as a core business of Wilmington Trust, as well as the experience and expertise of its global staff and its multi-jurisdictional presence. Wilmington Trust also provides Wealth Advisory services with a wide array of personal trust, financial planning, fiduciary, asset management, and family office solutions designed to help high-net-worth individuals and families grow, preserve, and transfer wealth. Wilmington Trust has clients in all 50 states and in more than 90 countries, with offices throughout the United States and internationally in London, Dublin, and Frankfurt. For more information, visit http://www.WilmingtonTrust.com. Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank and certain other affiliates, provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other services. International corporate and institutional services are offered through Wilmington Trust Corporation's international affiliates. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC.


News Article | April 26, 2017
Site: globenewswire.com

CHICAGO, April 26, 2017 (GLOBE NEWSWIRE) -- North American Company for Life and Health Insurance® is proud to announce the appointment of Steve Zimmerman as Sales Vice President. He will support independent life insurance agencies in his territory on implementing North American’s proven Partner Program, which helps Partner Agencies grow their business, in addition to consulting sales and marketing strategies, recruiting, and case placement. “Steve joins us with great experience and a track record of success managing long-term relationships with brokerage distributors and driving overall sales and profitability,” said Garth A. Garlock, Senior Vice President & Chief Distribution Officer.  “In addition to his professional achievements, his passion for our business and alignment with our culture make him a terrific fit for the role.” Zimmerman will be responsible for assisting insurance agencies primarily in the Northeast quadrant of the United States, including the following key states: Maryland, Pennsylvania, Delaware, New Jersey, Connecticut, Massachusetts, New Hampshire, Vermont and Maine. Prior to joining North American Company, Zimmerman was Regional Sales Director for Transamerica. Zimmerman has earned designations for Certified Financial Planner (CFP), Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC) and Accredited Estate Planner (AEP). He holds a Bachelor of Science in marketing and management from Bentley University.  ABOUT NORTH AMERICAN COMPANY North American Company for Life and Health Insurance is a member of Sammons® Financial Group, Inc. Since 1886, North American has established a tradition of providing quality insurance products to consumers throughout the U.S. We offer a comprehensive portfolio of term, universal life, and indexed universal life insurance products. North American also offers a wide variety of traditional fixed and fixed index annuities and consistently ranks among the top fixed index annuity carriers in the U.S.1 In 2016, we ranked number 10 in life insurance sales, as part of Sammons Financial Group.2 For more information, please visit www.northamericancompany.com. Sammons® Financial Group is comprised of North American Company for Life and Health Insurance®, Midland National® Life Insurance Company, including its divisions, Sammons Annuity GroupSM and Sammons® Corporate Markets Group, Sammons Retirement Solutions® Inc. and Sammons Financial Network® LLC, member FINRA. 1 Source: AnnuitySpecs, Quarterly Indexed Sales & Market Report 2 Source: LIMRA International, U.S. Retail Individual Life Insurance Sales, fourth quarter 2016 results.  Sales based on annualized premium plus excess.


MADISON, Wis., April 10, 2017 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (Nasdaq:CLRB), an oncology-focused clinical stage biotechnology company, today announces it has appointed Douglas J. Swirsky and Frederick W. Driscoll to its board of directors. “Both Fred and Doug bring extensive operational and industry experience that should prove invaluable to Cellectar as we enter this next phase of the company’s development,” said Jim Caruso, president and CEO of Cellectar Biosciences. “We look forward to working with both and benefitting from their contributions.” Douglas J. Swirsky has served as president and chief executive officer of GenVec, Inc. since 2013, and also serves as a member of GenVec's board of directors.  Mr. Swirsky also currently serves as chairman of the board of Fibrocell Science, Inc. From 2006 through 2014, he served as senior vice president, chief financial officer, treasurer and corporate secretary of GenVec. Prior to joining GenVec in September 2006, Mr. Swirsky worked at Stifel Nicolaus where he served as a managing director and the head of Life Sciences Investment Banking.  Previously, Mr. Swirsky held investment banking positions at UBS, PaineWebber, Morgan Stanley, and Legg Mason. His experience also includes positions in public accounting and consulting. He received his undergraduate degree in business administration from Boston University and his M.B.A. from the Kellogg School of Management at Northwestern University. Mr. Swirsky is a certified public accountant and a CFA® charterholder. Frederick W. Driscoll served as chief financial officer at Flexion Therapeutics (Flexion) from 2013 to 2017, spearheading a successful IPO in 2014.  Prior to joining Flexion, he was chief financial officer at Novavax, Inc., a publicly traded biopharmaceutical company, from 2009 to 2013. Previously, Mr. Driscoll also served as chief financial officer from 2007 to 2008, and subsequently chief executive officer from 2008 to 2009, at Genelabs Technologies, Inc., a publicly traded biopharmaceutical and diagnostics company that was acquired by GlaxoSmithKline; and chief executive officer at OXiGENE, Inc., a biopharmaceutical company, from 2000 to 2006.  He has also served as chairman of the board and audit committee chair at OXiGENE and as a member of the audit committee for Cynapsus, which was sold to Sunovion Pharmaceuticals in 2016. Mr. Driscoll earned a bachelor’s degree in accounting and finance from Bentley University. About Cellectar Biosciences, Inc. Cellectar Biosciences is developing phospholipid drug conjugates (PDCs) designed to provide cancer-targeted delivery of diverse oncologic payloads to a broad range of cancers and cancer stem cells. Cellectar's PDC platform is based on the company's proprietary phospholipid ether analogs. These novel small-molecules have demonstrated highly selective uptake and retention in a broad range of cancers. Cellectar's PDC pipeline includes product candidates for cancer therapy and cancer diagnostic imaging. The company's lead therapeutic PDC, CLR 131, utilizes iodine-131, a cytotoxic radioisotope, as its payload. CLR 131 is currently being evaluated under an orphan drug designated Phase I clinical study in patients with relapsed or refractory multiple myeloma, as well as a Phase II clinical study to assess efficacy in a range of B-cell malignancies. The company is also developing PDCs for targeted delivery of chemotherapeutics such as paclitaxel (CLR 1603-PTX), a preclinical-stage product candidate, and plans to expand its PDC chemotherapeutic pipeline through both in-house and collaborative R&D efforts. For more information please visit www.cellectar.com. This news release contains forward-looking statements. You can identify these statements by our use of words such as "may," "expect," "believe," "anticipate," "intend," "could," "estimate," "continue," "plans," or their negatives or cognates. These statements are only estimates and predictions and are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on our current beliefs and expectations as to such future outcomes. Drug discovery and development involve a high degree of risk. Factors that might cause such a material difference include, among others, uncertainties related to the ability to raise additional capital, uncertainties related to the ability to attract and retain partners for our technologies, the identification of lead compounds, the successful preclinical development thereof, the completion of clinical trials, the FDA review process and other government regulation, our pharmaceutical collaborators' ability to successfully develop and commercialize drug candidates, competition from other pharmaceutical companies, product pricing and third-party reimbursement. A complete description of risks and uncertainties related to our business is contained in our periodic reports filed with the Securities and Exchange Commission including our Form 10-K for the year ended December 31, 2016. These forward-looking statements are made only as of the date hereof, and we disclaim any obligation to update any such forward-looking statements.


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 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 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.


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...

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