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Employee Benefits & Human Resources
EBRI: New hires continue to favor target-date funds for 401(k)s
Interest in target-date and other types of balanced funds remained “strong” through 2014, with younger plan participants more likely to hold target-date funds than older participants. That’s according to a new joint study that the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) — both based in Washington, D.C. — released April […]
Cayuga Centers combines HR, IT, and finance under new chief fiscal offer position
AUBURN — Cayuga Centers president and CEO Edward Myers Hayes recently announced he has restructured the agency’s executive team, promoting Elizabeth Palin to the new post of chief fiscal officer. Palin will oversee the integration of the finance, IT, and HR departments at Cayuga Centers. “This new position brings together agency-wide aspects of operations —
Cybersecurity & Employee Benefit-Plan Fiduciary Duties: Going Beyond HIPAA
It seems as though we hear about new cybersecurity issues every day — from traditional hacking incidents to the increasingly sophisticated phishing, malicious apps and websites, social engineering, and ransomware attacks. Employee-benefit plan sponsors likely have a fiduciary duty to ensure participant information and plan assets are protected from the growing number of cyber threats
Chemung Canal Trust CEO Bentley to retire at year’s-end, COO Tomson to succeed him
ELMIRA, N.Y. — Ronald Bentley, CEO of Chemung Canal Trust Company and Chemung Financial Corp. (NASDAQ: CHMG), plans to retire on Dec. 31. Upon his
People news: Generations Bank hires Ledgerwood as business development officer
SENECA FALLS, N.Y. — Generations Bank announced it has hired Larry Ledgerwood as assistant VP and business development officer at its Seneca Falls headquarters. Ledgerwood
People news: Le Moyne hires Botto as assistant VP for HR
SYRACUSE, N.Y. — Le Moyne College announced it has hired Karin Botto as its new assistant vice president for human resources and organization development. Botto
Benoit Groulx takes over as Syracuse Crunch head coach
SYRACUSE, N.Y. — Benoit Groulx is the new head coach of the Syracuse Crunch, general manager Julien BriseBois announced on Tuesday. Groulx replaces Rob Zettler,
New York jobless claims jump nearly 80 percent in latest week
The number of people filing applications for unemployment benefits in New York state soared 79 percent to 33,159 in the week ending May 7 from
Tompkins Trust names Cayuga Venture Fund’s Tegan to board
ITHACA, N.Y. — Tompkins Trust Company announced it has named Jennifer Tegan, partner/owner of Cayuga Venture Fund, to its board of directors. Tegan is also
People news: M&T Bank promotes Weichert to team leader for commercial real estate
SYRACUSE, N.Y. — M&T Bank has appointed Lindsay M. Weichert as senior relationship manager and team leader for commercial real estate. She brings more than
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