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Hudson News
The Hudson Companies Announce a New Chief Financial Officer *****************
Douglas E. Scala named CFO
According to Mr. O’Brien, “Doug , with his extensive financial experience will complement the Hudson Companies management team. We welcome his financial guidance as we continue to move the company forward into new ventures.” Most recently, Mr. Scala held the position of Senior Vice President of Commercial Lending at Bank of America in Providence. In his twenty year career at the bank he also headed Corporate Lending and Asset Based Lending. Additionally, Mr. Scala is on the board of directors for the Rhode Island Business Development Company where he is also a member of their executive committee. The Hudson Companies The Hudson Companies have been a part of the fabric of the Rhode Island business community since its inception in 1955. Today, with a modern fleet of delivery vehicles and five affiliated companies, Hudson services private contractors as well as state and local governments across the New England region, including the State of Rhode Island. The company, which began with less than five employees, now employs more than 75 people and boasts the largest liquid asphalt terminal in the Northeast. The Hudson Companies import, blend, and distribute liquid asphalt for clients including private contractors and government end-users in the Northeast. Based in Providence, Rhode Island, the company has been producing high quality liquid asphalt products since 1955. The Hudson Companies is comprised of five affiliates: Hudson Liquid Asphalt, Hudson Terminal, Hudson Laboratories, American Liquid Asphalt, and Triram Connecticut, each contributing a different element to the company’s overall mission. For additional information please see The Hudson Companies web site (www.hudsoncompanies.com).
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Letter from CEO
PROVIDENCE, R.I., Dec. 5 (2008) – The Hudson Companies (www.hudsoncompanies.com) have announced the appointment of Douglas E. Scala as Chief Financial Officer. Mr. Scala will be responsible for the finance, IT and human resource departments for the company. He will develop the company’s annual financial plan and provide internal and external reporting. Additionally, he will take a leadership role in developing financial projections and forecasts. Mr. Scala will report directly to the President and Chief Operating Officer, Francis J. O’Brien.
