Pittsburgh Finance Report: February 2013
Edited by Andrea Bosco | Sponsored by Huntington
INSPIRING WOMEN | After taking office in 2012 as the new president for Huntington Bank in Western Pennsylvania and the Ohio Valley, Susie Shipley made a key point. “One of the most distinctive privileges as Huntington’s regional president is the ability to collaborate and partner with organizations to strengthen local communities,” says Shipley. When Huntington agreed to sponsor the “Empowering Women: Artisan Cooperatives That Transform Communities” exhibit at the Carnegie Museum of Natural History, the bank invited YWCA Greater Pittsburgh to share in the sponsorship. Maggie Jensen, chief executive officer, immediately accepted. “Huntington ‘gets’ our mission to empower women and end racism,” she says. “Our organization and Huntington have rich traditions of excellence, and we are thrilled to co-sponsor an exhibit that showcases the remarkable spirit, ingenuity, and drive that women display globally across diverse cultures.” The exhibit dramatically displays and explores the inspiring stories of female artisans from 10 countries — including Africa, Asia, and the Americas. These artisans develop grassroots cooperatives that create new products, reach new markets, raise income, and transform lives. Their motivations vary — preserving a dying heritage, sustaining the environment, and providing a safe haven from violence. They share a common theme — the transforming power of women working together to provide for their families, educate their children, protect their environment, and promote equality. “Empowering Women” is a project of the Center for World Cultures at the museum and will continue through May 12. —Bill Eiler
LOCAL LEADER | The Pittsburgh Foundation named Kate Dewey the new president of Forbes Fund, an organization providing management assistance and technical expertise to the region’s nonprofits, primarily those in the realm of human services. For more than 30 years, Dewey has worked extensively with nonprofits, foundations, and public agencies — in 1990, she co-founded Dewey & Kate, the fifth oldest consulting firm in the U.S. dedicated to serving community-based nonprofits and foundations. In 2005, the company merged with McCrory & McDowell and in 2012 was acquired by ParenteBeard. “Kate has unrivaled knowledge and experience in the field, an astute appreciation for the challenges and opportunities facing our region’s charitable organizations, and she cares deeply about the health of our nonprofit sector,” says Grant Oliphant, president and CEO of The Pittsburgh Foundation. The competitive search extended beyond Pittsburgh, but her finesse prevailed. The former Athena Award winner, who’s served on more than 14 boards, will develop advocacy initiatives to help represent the charitable sector in collaboration with the Greater Pittsburgh Nonprofit Partnership.
The Pittsburgh Foundation, pittsburghfoundation.org.
RETAIL REVAMP | The redevelopment of The Shoppes at Northway is under way. Akron, Ohio-based LRC Realty, Inc. acquired the enclosed shopping center from Jefferson-Pilot Investors. Home to Dick’s Sporting Goods, Marshall’s, Aldi, and PetSmart, the 438,900-square-foot center has had success as a retail destination since August 1962. LRC’s president and principal, Frank A. Licata, is very excited about the project’s future. “The Shoppes at Northway, with its rich tradition for shopping and its excellent location along McKnight Road in the North Hills, will provide a tremendous opportunity to reinvent the mall and provide both expanded shopping, dining, and entertainment to the area, as well as economic/job growth for the region,” he says.
LRC Realty, Inc./Levey & Company, leveycompany.com.
ACCOLADES ABOUND | Helen Hanna Casey (right) of Howard Hanna Real Estate Services has been selected to serve as vice chair of the National Association of Realtors’ Large Firm Advisory Board. In addition to her appointment, Casey will serve on the National Association of Realtors Broker Involvement Council and Large Residential Firms Real Estate Advisory Group. Following the National Association of Realtors 2013 Committee Leadership meeting in Washington D.C., she’ll attend legislative meetings in May.
Chief Operating Officer Annie Hanna Cestra (left) was sworn in as chairman of the Urban League of Greater Pittsburgh’s board of directors for the next term. She has served on its board for eight years. Formally introduced at the Urban League’s Ronald H. Brown Leadership Awards Gala (see page 41), the new board and its officers celebrated $400,000 in funds raised for the organization’s programs and services.
Howard Hanna, howardhanna.com.
BIGGER, FASTER, STRONGER | Big things are on the horizon for Bentley Pittsburgh and its owner and General Manager Kevin Mullen. Six months ago, he took on the new role following his tenure as vice president and general manager of Lexus of North Hills for 11 years. “It’s more travel and an adjustment in certain economic times — so it has its challenges, but it’s an amazing experience to be selling the fastest and most luxurious cars,” he says. The Pittsburgh native says the company will be breaking ground at its new Wexford location late winter — it should be up and running next fall, he says. In other exciting news, Bentley sealed the deal with the Maserati franchise and will be selling five brand new Italian models. Bravo!
Bentley Pittsburgh, 1701 W. Liberty Ave., Dormont. 866.923.6010. bentleypittsburgh.com.
This Finance Report is featured in the February 2013 issue of WHIRL Magazine.
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