Monthly Archives: February 2016

State Senate honors Wegmans

The New York State Senate today passed a resolution commemorating the 100th Anniversary of Wegmans Food Markets, Inc. Wegmans, based in Rochester, NY, is a longtime member of The Business Council of New York State, Inc.

The resolution, sponsored by Senator Richard Funke (R, Rochester) said, in part, “Since 1998, Wegmans Food Markets, Inc. has consistently been ranked on Fortune magazine’s 100 Best Companies to Work For list, and was rated No. 9 on Forbes magazine’s 2015 list of America’s Best Employers. In addition, it was named the best for corporate reputation among the 100 most visible companies nationwide according to the 2014 Harris Poll Reputation Quotient study. Wegmans Food Markets, Inc. prides itself on raising the bar on the shopping experience by providing the best quality, a spectacular abundance of choice, restaurant-quality prepared foods, beautiful stores and displays, and an exceptional level of customer service.”

This is a tremendous achievement for the company and the entire Wegman family. We would like to offer a special note of congratulations to Paul Speranza, the Vice Chairman, General Counsel and Secretary of Wegmans Food Markets, Inc., and the Vice Chair and Treasurer of The Business Council of New York State.

New video highlights benefits of New York’s Commercial Division

A new film about the Commercial Division of the New York State Supreme Court explains why the court has become the premier forum for business litigation.

In less than 15 minutes, the film describes the origins of the court and the reasons why it has transformed New York from a dreaded venue for the resolution of business disputes, to the preferred setting.

The professionally filmed video, produced by the Historical Society of New York State and the Commercial Division Advisory Council, comes on the heels of a special event last spring when the Business Council hosted a breakfast spotlighting the business benefits of the Commercial Division (see July/August issue of Connect). At the breakfast, Heather Briccetti recalled the “bad old days” when it would have been inconceivable that the New York courts could be viewed as an attraction for businesses seeking to relocate to New York.

Those days, as the new video makes clear, are gone.

Featured speakers include:

Gregory Palm (Goldman Sachs), Joseph Wayland (ACE Limited), Michael Fricklas (Viacom, Inc.), Michele Mayes (New York Public Library), Daniel Jonas (ConMed Corporation), Stephen Cutler (JPMorgan Chase & Co.), Elizabeth Moore (Consolidated Edison, Inc.), Richard Walker (Deutsche Bank AG), Douglas Lankler (Pfizer Inc.) and David Ellen (Cablevision Systems Corp.).

The video is available on several sites, including the court system’s YouTube channel. A full transcript is available on the court system’s website.

CEO survey shows confidence waning

The Siena Research Institute’s 9th Annual Upstate New York Business Leader Survey, sponsored by The Business Council of New York State, Inc., shows business leader confidence has dropped across upstate.

Following a record-breaking confidence level last year, business leaders are again worried that the tax and regulatory policies of New York State will have a negative effect on their businesses’ ability to grow. Combine that with the push for a $15 minimum wage and paid family leave, both which are nearly universally panned by the survey’s respondents, and there are some real headwinds for the upstate economy.

As sponsors of the survey, we were able to get an early look at the findings and we were pleased to see how well the results lined up with our own legislative agenda. For us, it was further proof that our members and our own policy priorities are well in-line with the broader business community.

To view the full survey results, click here.

And here are some links of coverage the poll’s release received around the state.

Albany Times Union: CEO poll: $15 minimum wage plan is wild card in New York

Buffalo News: Siena poll finds WNY business leaders less optimistic about economy

Rochester Democrat and Chronicle: CEO confidence dips in Rochester, upstate

Rochester Business Journal: Optimism fades among area’s business leaders

As part of the rollout The Business Council and Siena are traveling the state to speak directly to each region’s business leaders. Our next presentation is this Wednesday, February 3 at the offices of the Buffalo Niagara Partnership, register here.