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Briefs on local businesspeople, including Haitham Al-Beik, Catrina M. Lopes and Ashley Luongo.


Michael S. Abrams its chief financial officer.
In alignment with the company’s succession plan, Abrams joins Arch’s financial team in the role previously held by Richard Davis. Davis will remain with the company during a transition period, which will end on June 30, after which he will support the company in a consulting role through Dec. 31.
Abrams has more than 25 years of experience as a chief financial officer to numerous public and private companies; principal investor; investment banker; merchant banker; strategic and financial adviser; and board member. His capabilities span a broad range of activities with a particular expertise in the areas of operational management, complex financial engineering, financial advisory and capital markets strategy primarily for companies in the technology and healthcare sectors. ....

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More than 100 single-caregiver families in Cambridge to get $500/month


Adam Sennott/Correspondent
Wicked Local
Over 100 single-caretaker households in Cambridge will be selected to receive no-strings-attached monthly payments of $500 as part of an 18-month pilot program starting this August, announced Mayor Sumbul Siddiqui on Thursday. 
Cambridge is the second city in the state to have no-strings-attached payments available to its most vulnerable families in an effort to address a growing economic divide. In November, Chelsea began giving 2,000 low-income families $200 to $400 a month, according to a Boston Globe report.
The payments are being made through the Cambridge RISE (Recurring Income for Success and Empowerment) Project. The program’s first measure, the Guaranteed Income Pilot Initiative, will run in partnership with the Cambridge Community Foundation, Cambridge Economic Opportunity Committee, Just-A-Start and the Cambridge Housing Authority. ....

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Briefs on local businesspeople, including Paul Brassil, Robyn Nasuti, Sean Terrell, Kevin Haley and Dana Drissel


Paul Brassil of
Medfield has joined the company as senior vice president/chief information officer and will oversee PCU’s information technology and digital innovation efforts.
Brassil has more than 25 years of experience in the information technology leadership field with entities such as Commonwealth Medicine (a division of UMass Medical School), the Federal Reserve Bank of Boston, EMC Corp. and Siemens IT Solutions and Services Inc.
He holds an MS in computer information systems from Bentley University in
Waltham and a BA in Business Administration from Bridgewater State University.
Brassil s community involvement spans initiatives focused on workforce development and industry leadership serving as a member of the Tech Hire Advisory Group of Boston’s Private Industry Council (comprised of Boston CIOs developing summer intern programs for low/moderate income students in the Boston Public Schools); an adviser for Fintech Women (helping women in banking ....

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