July 9, 2018

The Power 50: Edward F. Manzi Jr.

EDWARD F. MANZI JR.

Chairman & CEO

Fidelity Bank, Leominster

Residence: Groton

College: UMass Lowell

Bentley College

Fidelity Bank, with its $809 million in assets and 143 employees, has been around longer than the more broadly known Fidelity Investments – 130 years vs. 72 years – and Manzi likes to jokingly note his bank's longer track record. He may not have to make the distinction quite so often. Fidelity Bank, which Manzi has led since 1997, put its name on the Worcester Ice Center last year and expects to open its 12th branch this fall in downtown Worcester. The bank's commercial banking and municipal banking businesses have grown by nearly 50 percent in the past four years, and Fidelity has acquired the former Barre Savings Bank and Colonial Cooperative Bank into its portfolio. Under Manzi, Fidelity founded The SHINE Initiative to help those with mental illness.

What advice would you give up-and-comers? Don't be afraid to take career opportunities that put you uncomfortably over your head. It's one of the most effective ways to learn and grow.

A gourmand: I enjoy cooking. I make a few different kinds of soups and sauces and traditional Italian holiday food. I also enjoy making homemade fresh-cut French fries and have a smoker for ribs and other carnivorous items.

Read about the WBJ's 2018 Power Players:

Retail

Harry Kokkinis, Table Talk Pies

Steve Rotman, Rotman's Furniture & Vystar

Ernie Herrman, TJX Cos.

Michael Dundas, Sira Naturals

Ralph Crowley Jr., Polar Corp.

Christopher Baldwin, BJ's Wholesale Club

Amy Lynn Chase, Crompton Collective & Haberdash

Food & Culture

Robb & Madeline Ahlquist, Worcester Restaurant Group

Troy Siebels, The Hanover Theatre

Karim El-Gamal, Rail Trail Flatbread Co., New City Microcreamery, Less Than Greater Than

Eric, Sam & Jack Hendler, Jack's Abby Brewing

Lynn Cheney, Lettuce Be Local

Sandy Dunn, DCU Center

Higher Education & Nonprofits

Ann T. Lisi, Greater Worcester Community Foundation

Rev. Philip L. Boroughs, College of the Holy Cross

Javier Cevallos, Framingham State University

Michael F. Collins, University of Massachusetts Medical School

Jill Dagilis, Worcester Community Action Council

Dr. David A. Jordan, Seven Hills Foundation

Laurie Leshin, Worcester Polytechnic Institute

Corner Office

Kate Sharry, Group Benefits Strategies

Tina M. Sbrega, GFA Federal Credit Union

John C. Roche, The Hanover Insurance Group

Elaine Osgood, Atlas Travel

Michael P. Angelini, Bowdtich & Dewey

Susan Mailman, Coghlin Electrical Contractors

Edward F. Manzi Jr., Fidelity Bank

Manufacturing

Dinesh Wadhwani, ThinkLite

Ravi Vig, Allegro Microsystems

Nobuhiko Tamura, Sunovion Pharmaceuticals

Daniel McGahn, AMSC

Michael Mahoney, Boston Scientific

Jeannie Hebert, Blackstone Valley Chamber of Commerce

Valentin Gapontsev, IPG Photonics

Chris Coghlin, Coghlin Cos.

Health care

Kevin O'Sullivan, Massachusetts Biomedical Initiatives

Kurt Isaacson, Spectrum Health Systems

Tarek Elsawy, Reliant Medical Group

Jeffrey M. Welch, Saint Vincent Hospital

Eric Dickson, UMass Memorial Health Care

Holly Chaffee, VNA Care

Richard P. Burke, Fallon Health

Economic Development

Ann K. Tripp, Opus Investment Management

Robert Walker, RA Ventures

Yvonne Spicer, City of Framingham

Cliff Rucker, Worcester Railers Hockey Club

Sherri Greene Pitcher, Fidelity Bank

Timothy P. Murray, Worcester Regional Chamber of Commerce

Anthony Consigli, Consigli Construction Co.

Jennie Lee Colosi, E. T. & L. Corp.

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