Big Y Appoints New CFO

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SPRINGFIELD, Mass. — The board of directors of Big Y Foods has appointed Theresa A. Jasmin as CFO following the recent retirement of William T. Mahoney. 

Jasmin is responsible for the company's strategic planning, finance, accounting, treasury and tax functions. As a senior member of the executive team, she reports to Charles L. D'Amour, president and CEO, along with Big Y's board of directors. And, she represents the first woman to be appointed to the c-suite for the company.

Jasmin has more than 25 years of experience in the food industry. She began her career at Friendly Ice Cream Corporation, where she held senior management positions in both Treasury and Accounting. She joined Big Y in 2005 and held several positions of increasing responsibility in accounting and finance. She became controller in 2010. In 2014, she was appointed senior director of finance, followed by vice president of finance in 2016 until her new appointment.

Jasmin holds a BBA from the Isenberg School of Management at the University of Massachusetts at Amherst and an MBA from Western New England University.

In 2014, she was named a Top Woman in Grocery by Progressive Grocer Magazine and was a founding member of Big Y’s Women LEAD (Leaders Engaged in Action and Development), Big Y's first ever employee resource group charged with inspiring and empowering women. She currently serves on the Executive Committee and as Treasurer for the YMCA of Greater Springfield. She also serves on the finance committees for both the Massachusetts and Connecticut Food Associations.

She and her husband, David Niemczura, have two children and reside in Palmer.


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NBSU Committee Open to Discussing Apportionment Changes

By Tammy Daniels iBerkshires Staff
CLARKSBURG, Mass. — Clarksburg's partners in the North Berkshire School Union agreed to take a look at the assessment structure for the union's administration and the union agreement.
 
Town and school officials have questioned Clarksburg's share of administration costs, which is now more than 50 percent.
 
Select Board Chair Daniel Haskins presented the "super" NBSU School Committee last week with a proposal of a base contribution of 10 percent for each district except for Monroe, which would be 5 percent, and then a ratio based on enrollment.
 
"Over my four years on the Select Board, I've observed a steady increase in presented percentage that Clarksburg contributes to the North Berkshire School Union as our student enrollment has grown," he said. "The reason behind this proposed adjustment is straightforward: The North Berkshire School Union provides services for all member towns. These include oversight of the principals, management of school facilities, food services and special education programs."
 
He also pointed to the state reporting and reviews, preparation of school budgets, and meeting attendance. 
 
"For example, the union is not attending five times as many school committee meetings for Clarksburg as it is for Savoy, nor is it overseeing three additional principals for Florida," he said. "While I fully acknowledge that the NBSU staff does spend more time on Clarksburg-related matters than those of the smaller towns, it is worth asking whether the current ratios accurately reflect the difference."
 
The five towns of Clarksburg, Florida, Monroe, Rowe and Savoy share the services of central office that includes the superintendent, assistant/special education director, information technology director, business administrator, support staff, supplies and rent and utilities for the space in North Adams. 
 
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