Power 50 2021 profiles, from Neil Golub to I. Norman Massry

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Power and influence is the veteran executive that has been making decisions for decades. They are also represented by the newly appointed CEO in the early stages of forming a promising new industry.

the Albany Business Review Power 50 recognizes the businessmen who have the most impact on the region during a time of tremendous upheaval as we emerge from the Covid-19 pandemic.

Over the next few weeks, we’ll be profiling these people and how they shape this region. Below is the third group of 10, in alphabetical order.

And be sure to check out the special post which starts July 16.

Power 50 is sponsored by MVP Health Care.


Neil Golub, President, Golub Corp.

In addition to his role as Chairman of the Board of The Golub Corp. At Schenectady, owner of the Price Chopper / Market 32 ​​supermarket chain, Golub has held leadership positions in many civic and community organizations, including Schenectady 2000, Schenectady Metroplex Development Authority, the Museum of Innovation and Science (miSci ), Bellevue Woman’s Center, Double H Ranch and the Jerry Lewis Labor Day Telethon.

What else to know: Golub Corp. recently merged its operations with Tops Stores in suburban Buffalo, creating a parent company with nearly 300 stores and more than 30,000 employees.


Denise and Steve Gonick, strategic advisors and investors, Cross Sound Concepts

Denise Gonick is the former CEO of MVP Health Care. She left the position in 2019. Today she is the Director of Cross Sound Concepts, a strategic advisor to CEOs, companies and investors, focused on promoting women’s leadership and creating connectivity between companies and investors. the community. She sits on numerous boards of directors, including FAM Funds, Chemung Canal Trust Co. and The College of Saint Rose Women’s Leadership Institute. Along with her husband, Steve, the Gonicks are advisors and investors in several businesses, including Palette, a café, a community and coworking space. Steve is also a co-founder of several companies, including Passport for Good, and is Entrepreneur-in-Residence at Ithaca College School of Business.

What else to know: The Gonicks focus much of their efforts on socially responsible start-ups and women-led businesses by providing mentorship and funding.


Doreen harris, President and CEO, New York State Energy Research and Development Authority

Doreen Harris’ role has taken on new importance due to the state’s goal of transforming its economy through decarbonization. Harris is co-chair of the New York State Climate Action Council, which helps chart the course for the implementation of the state’s climate plan. And she has been a key figure in the push to implement clean energy projects, including the continued effort to become a national leader in offshore wind – an industry that could bring thousands of well-paying jobs. in the state.

What else to know: Harris is an engineer by training – she has a chemical engineering degree – and has spent about 15 years in the private sector.


Joan hayner, COO, community care physicians

Community care physicians connected 63 of its nearly 70 practices to telemedicine capacity right after the pandemic, forcing the group’s long-term adoption plans to last around a week and a half. This was led by COO Joan Hayner, who was appointed to her post following the 2017 merger of the two largest medical practices in the region. Since then, the group has made several acquisitions.

What else to know: Hayner was inducted into the Business Review 40 Under 40 Hall of Fame in 2020.


George Hearst III, editor and CEO, Times Union

The reach of George Hearst III goes far beyond his journal. Hearst sits on numerous boards of directors in the region, including the Center for Economic Growth, St. Peter’s Health Partners, the University at Albany Foundation, the Palace Theater, the College of Saint Rose, and the Saratoga Performing Arts Center, among others. .

What else to know: Hearst was also part of the ownership group of the Albany Empire, the Arena Football League title-winning team that brought the game back to Albany before the league closed in 2019.


Rich Hendrick, CEO, Port d’Albany

Billions of dollars in goods pass through the port of Albany each year. Rich Hendrick believed that number could increase, especially if the port could become an integral part of a national or national offshore wind project. So Hendrick spent just over $ 5 million to buy 80 acres of land in Bethlehem in 2018. Three years later, this gamble is on the verge of paying off as the state rolls out a new offshore wind investment of several billion dollars. And Hendrick has a tenant for this land: Marmen, a Quebec-based manufacturing company specializing in wind towers, is moving forward with a project worth more than $ 300 million to build a new factory.

What else to know: Analysts predict jobs in the offshore wind industry with average annual salaries of $ 100,000, which means that the offshore wind industry could bring in $ 1 billion a year in private sector salaries to the state. Hendrick said the work will occupy the port of Albany for 20 or 30 years.


Shirley ann jackson, President, Rensselaer Polytechnic Institute

One of the country’s most decorated scientists, Shirley Ann Jackson has served as president of Rensselaer for more than two decades. During this time, Jackson helped the region’s largest private university grow with fundraising, new projects, and an increased focus on entrepreneurship. The university’s student body has become more diverse and international during his presidency, and Jackson’s goal is to have the university reach over $ 250 million in annual research spending over the years. coming years.

What else to know: Rensselaer was the first college in the region to require a Covid vaccination to resume in-person classes for the fall semester.


Carver Laraway, owner, Port de Coeymans

Carver Laraway took a big risk when he bought the old Powell & Minnock brick factory after the Turkish owners closed. He has since invested more than $ 50 million to convert the site into the Port of Coeymans, which now has more than 1.2 million square feet of storage, 15 tenants and 500 employees. The move helped Laraway bring much of the construction of the $ 3.9 billion Governor Mario M. Cuomo Bridge to the Albany area.

What else to know: Laraway and the port are central to the arrival of a new industry in upstate New York. The port is working with Equinor to build concrete foundations for the offshore wind turbines.


Ruth mahoney, Market President, Regional Retail Leader, KeyBank

Ruth Mahoney is by far the largest financial institution by deposit size in the Albany area. She is the leader of numerous boards of directors, including the President of the Chamber of the Capital Region and the Co-Chair of the Economic Development Council of the Capital Region. She was also a member of the state advisory committee on Covid-19. These positions place her in a critical position to shape how the region’s economy is recovering from Covid.

What else to know: Mahoney was named Business Review Executive of the Year in 2017.


I. Norman Massry, director, Massry Realty Partners

Massry Realty Partners / Tri City Rentals is the largest owner of apartment complexes in the Albany area with 27 communities and thousands of units, as well as apartments in the Buffalo and Rochester areas. I. Norman Massry sits on the boards of many philanthropic and community groups.

What else to know: Norman’s father Morris, who died in 2018 at the age of 89, was one of the region’s leading philanthropists. Among the gifts from the Massry family were $ 5 million to Albany Medical Center and $ 5.25 million to University of Albany. The hospital’s pediatric emergency room and the university’s business school building were named in honor of the Massrys.


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