AGP Executive Report
Last update: 6 hours agoCorporate Relocation: FM plans to move its global headquarters from Johnston to downtown Providence by the end of 2027, while shifting some workers to Massachusetts and laying off an unspecified number. Its Johnston campus employs about 1,500 people. Airport Leadership: Rhode Island Airport Corporation approved a new contract that could raise CEO Iftikhar Ahmad’s annual compensation to nearly $2.2 million, funded by airport revenue. Data Security: Uber says a breach at a third-party provider exposed personal information, including driver’s license details, for 1,873 Rhode Island residents. Business Climate: Rhode Island reached its highest level in 40 years in the state’s minority business enterprise program, while a URI economist says the state’s economy posted a strong performance in September.
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