BJ's CEO earns $4.9 million
PORTLAND, Ore. - BJ's Wholesale Club Inc. CEO Laura Sen received compensation valued at $4.9 million in 2009, her first year leading the company, according to an Associated Press analysis of a regulatory filing yesterday.
Sen became CEO 2009 after working as president and chief operating officer for the company, which is based in Natick.
Sen's 2009 fiscal year compensation included a $900,000 base salary and a $179,783 bonus. She also got $1.2 million in performance-based pay and stock worth $2.5 million at the time it was granted.
The company also gave her $107,258 in other compensation, which included a car allowance, retirement plan contributions and life insurance.
Metropolitan Club burgers to be served at Fenway Park
Hamburgers served at the Metropolitan Club in Chestnut Hill are now being served at Fenway Park as a gourmet food option at the Boston ballpark. The selections include the first turkey burgers to be served at Fenway, according to the restaurant.
Supermarkets host cancer fundraiser
On Saturday, May 1, the Edy's ice cream brand and Stop & Shop/Giant Food stores are partnering on a special Triple Winner fundraising day to benefit local cancer research centers. On this day, customers who donate $1 will receive a free Edy's, Haagen-Dazs or The Skinny Cow ice cream cup. Those who donate $3 will receive the free cup and a limited edition Triple Winner keepsake. Additionally, between now and June 10, Edy's brand will donate 5 cents for every Edy's, Haagen-Dazs or The Skinny Cow cup purchased to Triple Winner charities. Stop & Shop and Giant will donate 100 percent of the money raised during this event to benefit the Triple Winner charities providing children's cancer research and treatment.
Magazine ranks Babson MBA no. 1 in entrepreneurship
U.S. News & World Report magazine has ranked Babson College in Wellesley the no. 1 MBA program for entrepreneurship for the 17th year in a row. After Babson, the other top five entrepreneurship programs are Stanford University, MIT (Sloan), Harvard University, and University of Pennsylvania (Wharton). The full rankings are available at www.usnews.com.
EDC to move headquarters to CenterPoint in Waltham
Education Development Center Inc. (EDC), a global education and health nonprofit organization, will relocate its corporate headquarters from its longtime location at 55-57 Chapel St. in Newton, to 43 Foundry Ave., in Waltham. The new address is in CenterPoint, a 23-acre, 500,000-square-foot office/lab/R&D park approximately one mile from EDC's current location. ``EDC's new headquarters will provide our organization with the space it needs - at significant cost savings - to continue to grow, delivering the highest quality health and education programs around the country and around the world,'' said EDC President and CEO Luther Luedtke.
Natick's Crowne Plaza hosts builders licensing course
The Builders Association of Greater Boston (BAGB) offers its builders licensing course at the Crowne Plaza Hotel, 1360 Worcester St. (Rte. 9 east), Natick, from May 6 through June 17. The course runs for seven consecutive weeks, one night a week (Thursday) from 7 to 10 p.m. The fee is $265 for BAGB members and $365 for non-members plus the cost of the code book if the student does not have one. For more information and to register, contact BAGB at 617-556-0057 or visit www.bagb.org. The course prepares builders, remodelers, and other allied professionals for the Massachusetts Construction Supervisors Licensing Exam.
National Grid receives Sustained Excellence award
For the 11th consecutive year, National Grid has been recognized by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) for leadership in mitigating the effects of climate change by promoting energy efficiency in Massachusetts. The company received the Sustained Excellence award at the EPA-DOE Energy Star awards ceremony held recently in Washington D.C. Based in Waltham, National Grid is an international energy delivery company.