Sexton Joins FTNE as Vice President and Trust Officer
'Elisabeth's thoughtful approach to client service and deep experience in trust administration will be valuable to our clients and team,' said Michael Costa, President and CEO of Fiduciary Trust of New England.
Share
Sexton brings significant experience in trust and relationship management. Before joining FTNE, she served as a Trust Advisor at Loring, Wolcott & Coolidge. Earlier in her career, she held roles in trust and portfolio administration and relationship management positions at Boston Financial Management, Cambridge Trust Company, and Wellesley Investment Partners.
'Elisabeth's thoughtful approach to client service and deep experience in trust administration will be valuable to our clients and team,' said Michael Costa, President and CEO of Fiduciary Trust of New England. 'We are pleased to welcome her to FTNE.'
Sexton earned a Bachelor of Arts in Political Science and Religious Studies from the College of the Holy Cross and a Juris Doctor from New England School of Law. She is an active member of the Salem Historical Society and the Salem Athenaeum.
About Fiduciary Trust of New England
Fiduciary Trust of New England is a New Hampshire-chartered trust company. The firm combines the 140 years of experience and independence of its affiliate, Fiduciary Trust Company, with the favorable trust and tax laws of New Hampshire. FTNE's capabilities include customized wealth planning, investment management, trust and estate services, and family office services. FTNE has been named a 'Best Trust Company' and a 'Most Advisor-Friendly Trust Company' by Wealth Advisor.
For information about FTNE's services, please contact Michael Costa at 603-495-4320 or costa@fiduciary-trust.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
UnitedHealth Group Announces Changes to Leadership Team
July 31, 2025--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) today announced Wayne S. DeVeydt has been appointed its chief financial officer, effective September 2, 2025. John F. Rex, who joined the company in 2012 and has been CFO since 2016, will become strategic advisor to the CEO on the same date. "Wayne DeVeydt combines deep financial acumen and operating experience with the mission-oriented and compassionate approach to health care that is a perfect fit for UnitedHealth Group," said Stephen J. Hemsley, company chairman and chief executive officer. "John Rex has been an exceptional leader, having helped guide our company through substantial change with both strategic vision and strong commitment to our mission," said Hemsley. "I look forward to his continued insights as UnitedHealth Group moves forward." DeVeydt, 55, most recently has been a managing director and operating partner at Bain Capital, working with client leaders on operational improvement and growth acceleration. From 2018-2020, he was chairman and CEO of Surgery Partners, Inc. in Nashville, expanding the operational scale and financial performance of the surgical services firm. He joined Anthem, Inc. (now Elevance) in 2005 and served as its chief financial officer from 2007 to 2016. Prior to joining Anthem, DeVeydt served as a partner with PricewaterhouseCoopers LLP, with a focus on the health care sector. "There is no organization besides UnitedHealth Group that presents the kinds of opportunities to make a difference in health care, from individual patient care to broad system efficiency, so I am eagerly looking forward to joining the team," said DeVeydt. "I've been fortunate to know John Rex for over two decades and am honored to follow a leader of his caliber." Rex, 63, joined UnitedHealth Group as chief financial officer of the company's then newly established Optum business and previously had spent his career focused in health care across multiple roles and sectors. "This pivotal moment for UnitedHealth Group is the right time for a new yet greatly experienced executive like Wayne DeVeydt, and I look forward to supporting him and the entire leadership team while continuing to advise on a range of matters," said Rex. About UnitedHealth Group UnitedHealth Group is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone through two distinct and complementary businesses. Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience and delivering access to high-quality care. Visit UnitedHealth Group at and follow UnitedHealth Group on LinkedIn. View source version on Contacts Media: uhgmedia@ UnitedHealth Group Media Sign in to access your portfolio
Yahoo
a day ago
- Yahoo
Trump's long history of bashing jobs report numbers dates back to 2016: ANALYSIS
President Donald Trump's history of criticizing the Bureau of Labor Statistics' jobs report has surfaced in the wake of his decision to fire commissioner Erika McEntarfer on Friday. Trump's public frustrations with the economics and statistics agency appear to date back to his 2016 presidential campaign. "Don't believe those phony numbers," then-candidate Trump said in his New Hampshire victory speech during his first campaign for the White House. Last August, Trump claimed without evidence that former President Joe Biden's administration was "caught fraudulently manipulating" job statistics, when the agency publicly disclosed that the economy created fewer than 818,000 jobs between April of 2023 and March of 2024 than initial estimates suggested. "There's never been any revision like this," Trump said at a campaign rally in North Carolina on Aug. 21, 2024. "They wanted it to come out after the election, but somehow it got leaked," he claimed at the time. MORE: Trump fires BLS commissioner after weak jobs report and baseless claim of 'faked' stats Trump did not provide evidence that the information publicly disclosed by the agency was leaked. Then-Labor Secretary Julie Su in November 2024 defended the figures, and also suggested the numbers were impacted by Hurricane Helene's impact on the southeastern United States, and labor strikes. "The labor market remains very strong, and this shows what happens when you have a president and a vice president who are fighting for workers every single day," Su said at the time. The Bureau of Labor Statistics (BLS) uses several surveys for estimating employment levels in the U.S. and revisions are common. Every monthly Jobs Report has a blurb at the end that updates the figures from the previous two months based on new data. The revision that Trump was referencing was made public on Aug. 21, and updated with final figures in February 2025, according to the BLS website. The same downward revisions also took place during Trump's first term, under then-BLS commissioner William W. Beach. The agency determined 518,000 fewer jobs were created in March 2019 than it had initially reported. Alternatively, Trump had no complaints about the jobs report produced under McEntarfer -- a Biden appointee -- right before the 2024 election, which showed the U.S. gained 12,000 jobs in October. The then-candidate referenced the low numbers while criticizing the Biden-Harris administration at a rally in Milwaukee. "They did 12,000 jobs," Trump said to boos at the rally on Nov. 1. "It's hundreds of thousands of jobs less than it should be," he added. Trump was also quick to embrace the jobs reports as president -- when they were favorable. In March 2017 -- when the Bureau of Labor Statistics announced that the economy added 235,000 jobs the prior month -- then-Press Secretary Sean Spicer said Trump had full faith in the positive report, despite calling it "phony" in the past. "I talked to the president prior to this and he said to quote him very clearly: 'They may have been phony in the past, but it's very real now,'" Spicer said to reporters at the time. Trump's decision to fire McEntarfer on Friday came after the report found the U.S. had added 73,000 jobs in July, according to data from the BLS. The figure marked a slowdown from 147,000 jobs added in the previous month. The unemployment rate ticked up to 4.2%, keeping it at near-historic lows, according to the report. The report provided new estimates for two previous months, significantly dropping the government's estimate of jobs added in May and June. The fresh data indicated a notable slowdown in hiring as Trump's tariffs took hold over recent months. Trump criticized McEntarfer over the revisions, saying without evidence that the revisions suggested jobs statistics had been "manipulated." ABC News has reached out to McEntarfer for a comment. MORE: Fed holds interest rates steady, defying Trump's pressure The Trump administration described the downward revisions as an unwelcome sign for the U.S. economy but did not dispute the data. "Obviously, they're not what we want to see," Stephen Miran, chair of the White House Council of Economic Advisers, said on Friday morning. Asked by reporters as he departed the White House on Friday about the reason for McEntarfer's firing, Trump said he believes the economy is doing well and claimed the latest jobs numbers were "phony." "I believe the numbers were phony just like they were before the election, and there were other times," Trump said, pointing to a previous revision in the jobs numbers last year that he claimed, without evidence, was an attempt to benefit Democrats heading into the election. He said this despite using the numbers as a talking point in his campaign. "So you know what I did? I fired her. And you know what? I did the right thing," Trump said.
Business Wire
a day ago
- Business Wire
LINEAGE INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Lineage, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the Lineage Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)-- Robbins Geller Rudman & Dowd LLP announces that purchasers of Lineage, Inc. (NASDAQ: LINE) common stock in or traceable to the registration statement used in connection with Lineage's July 2024 initial public offering (the 'IPO'), have until September 30, 2025 to seek appointment as lead plaintiff of the Lineage class action lawsuit. Captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), the Lineage class action lawsuit charges Lineage and certain of its top executives, directors, IPO underwriters, and IPO sponsor with violations of the Securities Act of 1933. If you suffered substantial losses and wish to serve as lead plaintiff of the Lineage class action lawsuit, please provide your information here: CASE ALLEGATIONS: Lineage is a Maryland REIT focused on temperature-controlled cold-storage facilities. In the July 2024 IPO, Lineage sold over 65 million shares of Lineage common stock to investors at $78 per share, raising more than $5 billion in gross offering proceeds. The Lineage class action lawsuit alleges that the registration statement was false and/or misleading and/or failed to disclose that: (i) Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, Lineage's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and Lineage's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (ii) Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing Lineage; (iii) Lineage was unable to effectively counteract the adverse trends listed above through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (iv) as a result, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (v) consequently, Lineage's financial results, business operations, and prospects were materially impaired. Since the IPO, the price of Lineage stock has fallen to lows near $40 per share. The price of Lineage stock has remained substantially below the IPO price at the time of the filing of the complaint. The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint by clicking here. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Lineage common stock in or traceable to the registration statement issued in connection with Lineage's IPO to seek appointment as lead plaintiff in the Lineage class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Lineage class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Lineage class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Lineage class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices.
