Connecticut biz editor resigns for financial services job

Anthony Cronin, business editor of The Day in New London, Conn., has resigned after 20 years at the paper.

Cronin writes, “Now, after a 20-year career with The Day Publishing Co., I’m moving to the financial-services industry this week, joining the Groton-based Charter Oak Federal Credit Union’s marketing department.

“While it’s exciting, indeed, to begin a new career, I appreciate the opportunity I was given to serve as business editor during a time when this local economy saw the birth of its casino industry, the growth and contraction of its major pharmaceutical employer, the ups and downs of its leading defense manufacturer, and the can-do attitude of those who still believe in the American dream of taking a risk, starting a business, and crossing their fingers for growth and prosperity.

“I’ve covered hundreds of small businesses and budding entrepreneurs over the years and learned to realize the importance of small business and entrepreneurism to this economy. The number of large employers, while vital to this economy, could be counted on both hands vs. the thousands of small mom-and-pops and startups that are the true backbone of this local economy. Of the nearly 11,000 business establishments in New London County, for instance, some 62 percent employ between one and four workers, according to Connecticut Economic Resource Center data.”

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