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Providence, R.I. — Providence-based Gilbane Development Co. has promoted Edward Broderick to president and CEO.
Broderick previously served as COO for the company, and succeeds Robert Gilbane, who will remain as chairman. In his new role, Broderick will be responsible for the development and execution of Gilbane’s strategic plan, as well as for the management of all aspects of the company and its activities including new development opportunities, acquisitions, financings and project leadership. Broderick will also serve on the company’s board of directors and its investment committee.