Chester County Briefly: December 22

Photo of Stephen Arnold courtesy of Briana Latta Photography.

briana-latta-photographySTP Investment Services

STP Investment Services – an organization that specializes in investment operations outsourcing, fund services, reporting and data management, global development/support, and innovative software solutions – has moved its headquarters from Exton to West Chester to accommodate its rapid-scale growth.

STP, which now calls the Darlington Commons on Gay Street home, plans to have 75 employees by the end of the first quarter of 2017 and 100 by the end of the year.

Additionally, Stephen Arnold won the firm’s most-recent Core Values Championship, a vote held internally by employees every six months to acknowledge those who exemplify the core values of STP. Arnold was awarded a championship belt for being an extraordinary team player, having a passion for client service, and being able to fix problems in a blame-free environment.

9.18.2025 ccedcChester County Economic Development Council

Two weeks before Inauguration Day, the Chester County Economic Development Council invites you to its 13th Annual Economic Outlook, with a special focus on Perspectives on the Post-Election Economy, on Friday, Jan. 6 at 7:45 AM at the CCEDC’s headquarters in Exton. Key Chester County leaders will identify the challenges, opportunities, and impact the new Trump Administration is expected to have on local, regional, national, and global economies.

The CCEDC’s Annual Economic Outlook is expected to attract more than 100 local business leaders to hear Patti Brennan, one of Barron’s Top 100 Women Financial Advisors in the Nation, and Dave Hanson, CEO of Fulton Financial Advisors, as they offer their perspectives on how policies under the Trump administration could impact the region.

Faro TechnologiesFARO Technologies

FARO Technologies, which has a location in Exton, has promoted Vice President of Finance and Investor Relations Robert E. Seidel to Chief Financial Officer. Seidel holds a B.S. degree in mechanical engineering from Stanford University and an MBA from Cornell’s Johnson School.

“Bob has been a tremendous asset, excelling at executing the extensive Going Vertical in Harmony reorganization initiatives we have assigned to him,” said Dr. Simon Raab, President and CEO. “This promotion largely reflects the reality of the current roles and responsibilities in our Finance department, as Bob has been leading our efforts in financial planning and analysis and investor relations for some time with great success.”

CubeSmart LogoCubeSmart

Malvern-based CubeSmart, an American real estate investment trust and provider of self-storage facilities, has announced that its Board of Trustees declared a quarterly dividend of $0.27 per common share for the period ending Dec. 31, 2016. The dividend is payable on Jan. 17, 2017 to common shareholders of record on Jan. 3, 2017. The quarterly distribution represents an annualized dividend rate of $1.08 per share, a $0.24 per share increase from the previous annual rate of $0.84 per share.

“Our 28.6 percent dividend increase reflects our belief in continued strong cash flow growth produced by our operating platform and high-quality portfolio,” said Christopher P. Marr, President and CEO. “We have increased our per-share dividend by more than 100 percent over the last three years, reflecting our commitment to share cash-flow growth with our common shareholders. We continue to maintain a conservative payout ratio, providing the company with capital to support funding attractive investment opportunities that create long-term value.”

longwood-garden-logoLongwood Gardens

The Professional Gardener Alumni Association has announced the 2017 Today’s Horticulture Symposium on Friday, Feb. 3 from 8 AM-4 PM at Longwood Gardens. This day-long symposium in Longwood Gardens’ Ballroom and Conservatory will lift the winter spirits with a dynamic program for the horticulture professional, landscape designer and architect, passionate gardener, and student of horticulture.

Space is limited and pre-registration is required. Click here to register.

This year’s Today’s Horticulture features a varied lineup of interesting speakers, including Rebeca Quinonez-Pinon, Ph.D., Executive Director of La Cruz Habitat Protection Project, which focuses on increasing overwintering habitat for monarchs in Mexico; and Rochelle Greayer, writer, award-winning blogger, and founder and editor of Pith + Vigor magazine.

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