South Burlington VT – Vermont Talent Pipeline Management (VTPM) and Vermont Manufacturing Extension Center (VMEC) have teamed up to advance employer-driven workforce solutions. The partnership represents a dedication to manufacturing as a critical sector requiring focus to build capacity and efficiencies in talent sourcing and developing essential skills. VMEC is now the host organization of Vermont Talent Pipeline Management for the Manufacturing Sector. Continue reading “Vermont Talent Pipeline Partners with VMEC to Address Supply if Manufacturing Workforce Skills [2.6.23]”
Sara Byers Becomes Third Woman to Chair the Roundtable
(South Burlington, Vt.) At its 36th Annual Membership Meeting held January 12th, the Vermont Business Roundtable elected new officers: Chair Sara Byers, Leonardo’s Pizza; Vice Chair Rebecca Towne, Vermont Electric Cooperative; Treasurer Mark Crow, Tenth Crow Creative; Secretary Don George, Blue Cross Blue Shield of Vermont; and, Immediate Past Chair Judith O’Connell, Champlain Investment Partners.
Also, at the meeting, members elected new directors to their first three-year term: Neale Lunderville, Vermont Gas Systems (VGS) and Dimitri Garder, Global-Z International. Continue reading “Roundtable Elects New Leadership for 2023 [1.15.23]”
The Vermont Business Roundtable, an organization of over 100 Vermont business leaders, has championed the importance of early childhood care and education since 1999. Meanwhile, Vermont’s inability to comprehensively address early care and education continues, and the resulting disparity has become more pronounced than ever in the context of COVID 19. As business leaders, community members, and Vermonters, we believe the challenge of early childhood care and education cannot continue to wait. The Roundtable urges all Vermonters to recognize publicly-funded early child-care as the best investment we can make in Vermont.
To be effective, the goals of early child-care must address the needs of Vermont’s children from birth to kindergarten, and must include universal and affordable child-care, available to all children in Vermont, without financial barriers. A public program of quality care that sets standards and ensures child-care providers are experts trained in early education and compensated as professionals must be funded. We recognize that a program that achieves these goals will require a significant investment, and we are ready to do our part.
Our collective support for this investment is built upon core principles established by the Roundtable in January of 2021. These principles include an understanding that any revenues identified to implement early care and learning are transparent, equitable, competitive, and sustainable. We also believe that a truly impactful system should use data to be accountable to the outcomes that it produces. Our support stems from the belief that these goals can be achieved while ensuring every Vermont child has access to the care they need. Continue reading “Roundtable Issues Statement in Support of Public Investment in Child Care [4.25.22]”
To, in advance of the State of Vermont’s Pension Benefits, Design, and Funding Task Force’s final determinations and report, the Roundtable submitted the following position statement: Continue reading “Roundtable Issues Pension Plan Position Statement [11.30.21]”
Seth Bowden Elected to Lead the Roundtable
(South Burlington, Vt.) Today, the Vermont Business Roundtable (Roundtable) Board of Directors is pleased to announce that Seth Bowden, Executive Vice President at Greater Burlington Industrial Corporation (GBIC), will become the next president of the organization. Bowden will assume the role from Lisa Ventriss who retires this year after 19 years leading the Roundtable. Continue reading “Vermont Business Roundtable Announces Appointment of Next President [4.8.21]”
by Mark Crow, Chair, VBR Pension Reform Task Force and President, Tenth Crow Creative
What if you owed someone a substantial amount of money and were making annual payments each year to pay down the debt. However, every year, year after year, the amount you owe and the annual payments you must make increases – significantly.
Now, what if at the same time, you owed someone a separate substantial amount of money but there was no schedule to pay it back. You were making some intermittent, smaller payments when the lender periodically asked for them, but there was no plan in place to pay off the entire debt. And, like the first debt, each year, the amount you owe increases – significantly. Continue reading “Mark Crow Op-Ed: The Time is Now for Pension Reform [03.22.21]”
Foundation Board to Grow Targeted Workforce and Education Programs
This month, the Vermont Business Roundtable announces new and expanded governance of its VBR Research and Education Foundation. The Foundation complements the mission of the Roundtable, by promoting educational opportunities to help Vermonters thrive in a local and global economy. 2021 Directors and officers include: Continue reading “VBR Expands its Research and Education Foundation [2.8.21]”
Lisa Ventriss Led Organization for 19 years
Today, the Vermont Business Roundtable announced that Lisa Ventriss, President since 2002, will retire at the end of the year.
“It has been one of my greatest professional privileges to serve as President of the Roundtable and work together with such a distinguished and respected group of business and non-profit leaders from across the state and region,” Ventriss said. “After almost two decades as president, and at the beginning of a new decade, it is now time for the Roundtable to bring in the next generation of leader. “
Judy O’Connell, chair of the Roundtable Board of Directors and managing partner at Champlain Investment Partners, praised Ventriss. “The board greatly appreciates Lisa’s many contributions to enhance Vermont’s economic competitiveness and preserve our unique quality of life. We applaud her commitment to Vermont and her amazing track record of leadership. We are grateful for Lisa’s selfless deferral of her retirement for a year in order to guide the organization and provide tremendous programming during this challenging pandemic year.”
The Roundtable has formed a Selection Committee and is working with Gallagher Flynn & Co., an executive search firm to lead the search. Visit https://www.linkedin.com/jobs/view/2405562412 for more information.
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In 2021 the Vermont Legislature and taxpayers will face a number of important fiscal matters, including the need to deal with a general fund revenue shortfall and increasing demands for public services that result from the COVID-19 economic downturn. In this challenging environment, the following statement of support conveys the urgency with which the Vermont Business Roundtable believes investments in Ages 0-5 should be addressed by stakeholders.
Vermont’s workers are challenged to find affordable high-quality childcare. Today, 3 out of 5 of Vermont’s youngest children do not have access to the daily care they need. The COVID-19 pandemic has only exacerbated these challenges, increasing pressure on strained early childhood education programs (ECE) that cannot find and retain qualified educators. As a result, Vermont’s businesses face significant challenges in the recruitment and retention of workers, many of whom leave the workforce due to lack of affordable childcare. Continue reading “Roundtable Issues Statement in Support for Investments into Ages 0-5 Early Childhood Education [1.28.21]”
by David Coates, Managing Partner, KPMG LLP (Retired)
For over ten years, these columns have been critical of the treatment of the state’s retirement systems (state employees and teachers) which now in their present forms, are neither sustainable nor affordable without significant reforms. This has just changed with the State Treasurer’s report to the Legislature.
The Treasurer and I have disagreed over the years on how to solve these problems. However, I must acknowledge and commend her for the recommendations she has made to the General Assembly on how to reduce pension and OPEB (retiree healthcare) liabilities, to ensure the retirement systems are able to continue to pay their participants. Continue reading “David Coates Op-Ed: Finally, Positive Action on the State Retirement Systems! [1.25.21]”