Clean Harbors CEO Alan McKim and family donate $500,000 to South Shore Hospital; fishermen on tap for federal assistance.
Clean Harbors CEO donates $500,000 to S. Shore Hospital
WEYMOUTH – The CEO of Clean Harbors Inc. in Norwell and his family have donated $500,000 to South Shore Hospital in Weymouth to support its programs for expectant mothers with high-risk pregnancies as well as babies in the hospital’s Neonatal Intensive Care Unit.
South Shore Hospital said that Alan McKim and his children donated the money through the McKim Family Foundation. Hospital CEO Richard Aubut said he learned of the donation in July. Aubut said McKim toured the hospital six or seven months ago.
“He said, ‘I want to help,’” Aubut said. “He’s really committed to helping his neighbors.”
McKim’s donation will play a big role in helping the hospital reach its $22 million fund-raising goal by the end of this year. Aubut said the hospital had set out to raise that money over a three-year period, and so far has raised $21.6 million. The biggest single donation came from Braintree developer Francis Messina, who agreed to give $2.25 million last year.
Aubut said the money that’s being raised will be used for three specific purposes: maternal services and newborn care, trauma care and cardiovascular services.
Fishermen to receive federal assistance
BOSTON – More than 500 operators of Massachusetts commercial fishing boats will receive their share of $11.3 million in federal assistance that is scheduled to be distributed on Friday by Gov. Deval Patrick’s administration.
State officials said holders of federal fishing permits were eligible for about $500 for each day at sea they are allowed to fish, or an average of $23,500 per boat. Those with state permits will get nearly $10,000 apiece. The state also plans to distribute about $750,000 to individual crew members who are not permit holders by November and $650,000 for health insurance benefits for fishermen and their families.
The state’s congressional delegation secured the aid as part of a broader spending bill that was passed last December. The money is aimed at compensating fishermen for increasingly strict groundfish regulations that have limited how much time they could spend at sea.
Airports to sell myvu media viewers
WESTWOOD – Myvu Corp. has signed an agreement with Airport Wireless to make its line of Myvu personal media viewers available in 35 stores at 18 airports across the country. The Westwood company’s Myvu devices are already expected to appear in at least 10 Airport Wireless locations this year. The Myvu devices provide a full-screen viewing experience by displaying the video on a pair of wrap-around shades.
CEO steps down from investment company
BOSTON – The CEO of Independence Investments LLC plans to retire after 26 years with the company. Mark Lapman joined the Boston company when it was launched in 1982 and became its CEO in 2000. He led it through its ownership by John Hancock Financial Services and Hancock’s new owner, Manulife Financial Corp., and when Independence was sold to Convergent Capital, a Chicago-based group of asset management companies, in 2006.
Light Reading buys Pyramid Research
CAMBRIDGE – The Light Reading subsidiary of TechWeb has acquired Pyramid Research for $8 million. Pyramid provides communications and media services research to clients around the world. Its headquarters will stay in Cambridge.