EARNS DESIGNATION: Financial adviser John W. Cucarese has earned the Retirement Income Certified Professional designation from the American College of Financial Services, Bryn Mawr, Pa.
Candidates for the designation must complete a minimum of three college-level courses and are required to pass a series of two-hour proctored exams. They must also have three years of experience, meet stringent ethics requirements and participate in a continuing education program.
The RICP educational curricula helps advisers master retirement income planning. From retirement portfolio management techniques and mitigation of plan risks, to the proper use of annuities and employer sponsored benefits, and determining the best Social Security claiming age, the program provides a wealth of practical information.
Cucarese has been a financial adviser for the past 14 years, serving clients throughout the Ohio Valley and in 11 states. A native of Wintersville, John holds numerous certifications, as well as the LUTCF designation. He can be contacted in Steubenville at (740) 264-0238 Visit SimplifyRetirement.com for information.
NEW STORE LEADER: Kevin Polding has been named general manager of the J.C. Penney store in the Fort Steuben Mall.
Polding brings more than 30 years of retail experience to Steubenville and held management positions at Lowe’s, Sears and Kmart before joining Penney in April.
“I am thrilled to be serving as general manager and leading an extraordinary team of dedicated associates who are passionate about delivering great products and exceptional service to our customers,” said Polding. “I look forward to serving the local Steubenville community and ensuring every customer’s shopping experience at J.C. Penney is worth their time, money and effort.”
Polding is originally from New Castle, Pa., and is married with three children and two grandchildren.
J.C. Penney first opened its doors in downtown Steubenville on Jan. 29, 1926.
TOURING A JUMBO JET: All Nippon Airways gave VIP tours of the world’s largest wide-body airplane following the arrival of a second successful test flight in Hawaii, officials said.
The Japanese airline landed its A380 “Flying Honu” at Honolulu’s Daniel K. Inouye International Airport Wednesday, The Honolulu Star-Advertiser reported Wednesday.
Democratic Gov. David Ige and others toured the double-decker aircraft and the airline’s two $5 million lounges.
The lounges will include a first-class area that seats 70 and a second area for up to 300 other passengers willing to pay a $40 fee, which will become the state’s largest passenger lounge.
The state contributed $13 million to airport improvements to ensure the A380 service started in Honolulu, Ige said.
Honolulu became the 11th city airport in the U.S. equipped for the wide-body aircraft and by 2020 All Nippon’s A380 service is expected to bring an additional $285 million in economic impact and up to $30 million in tax revenue to the state, Ige said.
BEER DEAL REACHED: Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal.
The Boston Beer Company announced Thursday that it had entered into definitive agreements to acquire all of the equity interests in Dogfish Head Holding Co.
Dogfish Head founder Sam Calagione and his family will receive about 406,000 shares of Boston Beer stock valued at about $128 million, based on a share price of $314.60. Dogfish Head shareholders also will receive $173 million in cash.
and Calagione will join the board of Boston Beer.