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PROTOTEK NAMES NEW CEO

Prototek Holdings LLC — a national provider of on-demand CNC machining, precision sheet metal fabrication, and additive manufacturing services — announced that Bill Bonadio will serve as the company’s new CEO.

Bonadio has held several executive leadership positions at top global manufacturing organizations includ Vericor Power Systems, Boeing Company, Danaher Corporation, Bain & Company and the Boston Consulting Group.

He is also a former U.S. Navy officer and graduate of the U.S. Navy Nuclear Propulsion Program, where he served on attack submarines. He holds a B.A. in mechanical engineering from Bucknell University and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University.

“Bill’s wealth of experience and proven track record at the highest levels of leadership make him the perfect fit to lead our company and usher in a new phase of growth and innovation,” said Jay Twombly, Prototek’s chairman. “Given his engineering expertise, visionary leadership style and dedication to Prototek, we have an exciting future ahead of us with Bill at the helm.”


MCHENRY ARCHITECTURE ACQUIRED

McHenry Architecture, an award-winning firm known for recognizable local landmarks, announced that Mark Gianniny, AIA, has acquired the architecture firm from founder, Steve McHenry, AIA.

The firm, located in Portsmouth’s Market Square, has delivered architectural solutions for more than 30 years in spaces such as retail, healthcare, government and historical organizations including 3S Art Space, Smuttynose Brewing Company, the Larkin-Rice House, the Portsmouth Naval Shipyard and York Hospital System.

New owner Mark Gianniny has been with the company for 11 years, working closely with McHenry on architectural design, project management and client relations. As a LEED-certified architect, he will bring expertise in sustainable design as well as large-scale project planning and execution.

Says Gianniny, “Steve has a rich history of implementing innovative design solutions that meet the needs of the client while considering the architectural landscape of the community. I look forward to carrying those values forward while growing the firm’s lasting impact on our region.”

The acquisition was effective June 1, 2023, and McHenry will continue at the firm as a consultant.


MCLANE MIDDLETON RECEIVES HIGH RANK IN CHAMBERS HIGH NET WORTH GUIDE

The law firm of McLane Middleton, PA, has received a Band 1 ranking in Chambers High Net Worth Guide, in the Private Wealth Law section.

According to the organization’s website, the guide “differentiates the best professional advisers for international private wealth by identifying and ranking law firms, lawyers and a range of other professional advisers globally.”

Receiving a Band 1 ranking is the highest mark to receive, based on criteria such as the firm’s quality of technical legal ability, professional conduct, client service, commercial astuteness, diligence, commitment and other value-based areas.

In addition, attorneys Steven M. Burke, George L. Cushing, Christopher R. Paul, Ryan J. Swartz, Robert A. Wells and William V.A. Zorn received individual rankings.

Individuals are ranked by Chambers in bands from 1-4 with 1 being the highest possible ranking. The qualities on which rankings are assessed include technical legal ability, client service, depth of team, commercial vision and business understanding, diligence, and other qualities.

Steven Burke and William Zorn were given Band 1 rankings, while Chris Paul and Robert Wells received Band 2 rankings. Ryan Swartz received a Band 4 ranking and George Cushing is now ranked a senior statesperson.


LEDYARD FINANCIAL GROUP NOW TRADING ON OTCQX BEST MARKET

Hanover-based Ledyard Financial Group, the holding company for Ledyard National Bank, shares (OTCQX: LFGP) began trading on OTC Markets Group’s OTCQX Best Market, upgrading from the OTCQB Venture Market.

LFGP shares are traded on the OTCQX Market through SEC-regulated OTC Link ATS, where shares may be traded through an individual’s broker.

LFGP qualified for this upgrade by meeting high financial standards, following best practice corporate governance, demonstrating compliance with U.S. securities laws, and having a professional third-party sponsor introduction.

Ledyard Financial Group was sponsored for OTCQX by Raymond James & Associates, Inc., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.