Message from the President Gary R

DELAWAREBUSINESS EDITORIAL STAFF Message from the President Gary R. Stockbridge A. Richard Heffron Denée Crumrine Christina Jones Chairman President Editor Graphic Design Traditionally the Delaware State BOARD OF DIRECTORS CHAIR Martha S. Gilman Bonnie Metz Salvatore J. “Chip” Rossi Chamber of Commerce kicks Gary R. Stockbridge Gilman Development Verizon, Delaware Bank of America off the new year with its Annual Delmarva Power Company Mac Nagaswami Dennis M. Salter VICE CHAIR Michael Houghton Carvertise Summit Realty Advisors, Inc. Dinner. This year’s 181st dinner Katie Wilkinson Morris, Nichols, Arsht & Janice E. Nevin, Mark A. Turner was fairly unique compared to past Fulton Bank, N.A. Tunnell, LLP M.D., MPH WSFS Bank TREASURER Nicholas P. Lambrow Christiana Care years. We sold 1,200 seats, but the Barry Crozier M&T Bank Health System weather didn’t cooperate, bringing Scott Malfitano Robert (Rob) Rider, Jr. CSC - Corporation O.A. Newton freezing rain and ice. Despite Service Company

Rich Heﬀron the forecast and rain beginning BOARD OF GOVERNORS

within two hours of the start of the Tony Allen, Ph.D. Glen Gray Neal Nicastro reception, over 1,000 attendees came through the doors of Delaware State University CAI PPG Steve Baccino Dr. LaVerne T. Harmon Chris O’Neill the Chase Center. The 47th Vice President of the United Delmarva Power Wilmington University PSCI States, Delaware’s Joe Biden, was the keynote speaker. Christopher W. Baker, P.E. Pete Hayward Chris Perdue George & Lynch, Inc. University of Delaware, Retired Perdue Farms Little did he know that he and his wife Jill would be Greg Ballance John (Jack) E. Healy, III Robert W. Perkins announced the winners of the Marvel Cup, an award given Diamond Technologies, Inc. Healy Long & Jevin, Inc. Brandywine Public Strategies Michael B. Berardi Vera Holmes Roy Proujansky, M.D. to those who have given back to the Delaware community Wohlsen Construction Company Ashland, Inc. Nemours Children’s Health System Murray Berstein Tom Horne Ted Prushinski in significant ways. Previous winners have ranged from Nixon Uniform Service, Retired JPMorgan Chase Citizens Bank, NA senators, governors and mayors, to successful business Robert A. Book, II Bryan B. Horsey Michael Ratchford Delaware Electric Cooperative Bloom Energy Corporation W.L. Gore & Associates, Inc. people, educators, religious leaders and community Pete Booker Timothy J. Houseal Bettina Tweardy Riveros activists. Each in their own way have given back to the The Smart Drive Foundation Young Conaway Stargatt & Taylor, Christiana Care Health System Jennifer Gimler Brady LLP Rhett Ruggerio Delaware community, making our state a better place. Potter Anderson & Corroon LLP Christopher L. Kenny Ruggerio Willson & Associates, LLC Now we head into the legislative session. In January, Mark T. Brainard ShopRites of Delaware Greg Sawka Delaware Technical Community Lisa Kirkwood Bancroft Construction Company Governor Carney gave the annual State of the State speech, College TD Bank Fred C. Sears, II Kevin Broadhurst Bernhard Koch Delaware Community Foundation, and presented his budget proposal for FY 19. Despite the Comcast AAA Mid-Atlantic Retired DEFAC estimate that there will be about $160 million in Robert L. Byrd Richard LaPenta Jeffrey Sills The Byrd Group Insurance & Financial Services Ltd. Capital One revenue growth, the Governor cautioned about spending Bruce H. Colbourn Stephan Lehm Greg Smith all of it, and emphasized that revenue estimates for the out PNC Bank VanDemark & Lynch, Inc The Chemours Company Stuart Comstock-Gay Rodger Levenson William Smith years are not optimistic. He made it clear that the current Delaware Community Foundation WSFS Bank Environmental Alliance, Inc. Timothy J. Constantine Alan Levin W. Laird Stabler, III, Esq. spending growth and revenue projections do not match – Highmark, BCBS SoDel Concepts Laird Stabler & Associates, LLC it is not a sustainable trend line. Like the Governor said, Pam Cornforth Renee Lewandowski Mark Stellini it’s a math problem. Many difficult decisions need to be Ronald McDonald House of Delaware Agilent Technologies Assurance Media Charlie Copeland Lisa Lindsey Grace Stockley made and leadership will be at a premium. We at the State Associates International, Inc. Delaware City Refining Company FideliTrade Incorporated Ernest Dianastasis Andy Lubin Dian C. Taylor Chamber agree with the Governor and have articulated The Precisionists, Inc. Delaware Financial Group Artesian Water an identical message for the past five years. Our members Brian DiSabatino William Manning James A. Tevebaugh EDiS Company Saul Ewing LLP Tevebaugh Associates are willing to work with the administration and members Denis Dunn Guy Marcozzi Michael S. Uffner of the General Assembly in addressing this long-standing AT&T Delaware Duffield Associates, Inc. AutoTeam Delaware Jerry Esposito Nick Marsini Richelle Vible issue. Frankly, talk is cheap, and resolving the budget Tidewater Utilities, Inc. PNC Bank, Delaware -- Retired Catholic Charities, Inc. G. Kevin Fasic, Esquire Paul McConnell Michael D. Waite dilemma will not be. A combination of increased revenue, Offit Kurman McConnell Development, Inc. WJBR FM 99.5 spending constraint and bold leadership are essential. Jeffrey M. Fried, FACHE Chad Moore Clinton Walker Beebe Healthcare Beacon Hospitality Barclaycard, US Donald T. Fulton Nicholas A. Moriello, R.H.U. Robert W. Whetzel Weiner Benefits Group Ascela, powered by Savoy Richards, Layton & Finger Jeffrey Garland Peter Morrow Stu Widom University of Delaware The Welfare Foundation Calpine Corporation Jason D. Gonzalez Terry Murphy Stephanie Wiswall DuPont Bayhealth Medical Center AstraZeneca Pharmaceuticals LP STAFF A. Richard Heffron Mark A. DiMaio Fred Miller President Director Grassroots and Research Advertising/Retention Cheryl Corn Linda D. Eriksen Bill Osborne Chief Operating Officer Accounting Associate Interim President, DPPI Denée Crumrine Ken Evans Matt Volk Communications Manager Account Executive Digital Advertising Sales DELAWARE STATE CHAMBER OF COMMERCE William H. Hastings, Jr. James DeChene Controller Kelly Wetzel Sr. Vice President Government Affairs Assistant to the President, 1201 NORTH ORANGE STREET, P.O. BOX 671 • WILMINGTON, DE 19899-0671 Chuck James Events Manager (302) 655-7221 • (800) 292-9507 • WWW.DSCC.COM Sr. Vice President Membership

2 March/April 2018 | DELAWARE BUSINESS