SOUTH HADLEY — Stephen Corrigan, chair of the board of the Loomis Communities, announced the appointment of Margaret Mantoni as the new president and CEO of the Loomis Communities. Mantoni, who previously served as chief financial officer, succeeds Lauren Scruggs, who served as president and CEO from 2013 until her retirement in the fall of 2019.
Corrigan said the board conducted a thorough search process resulting in the selection of Mantoni to lead the organization, which was founded in 1902.
“We are delighted to announce that the Loomis Communities board of directors voted unanimously to appoint Margaret Mantoni to be our new president and chief executive officer,” Corrigan said. “We’re really fortunate to gain a leader with Marge’s experience, talent, and vision. The board is confident that Marge is the best person to lead Loomis into the future, building on our strategic plan and adding value to the lives of our residents while continuously improving our culture and making Loomis the best place to live and work.”
Mantoni started at the Loomis Communities in 1990, and in 1993 was promoted to the first CFO of the organization. She is a certified public accountant and worked in a local accounting firm for eight years before joining the Loomis Communities.
“It is an honor to have been selected to serve the Loomis Communities in this new capacity as president and CEO, a community I have served for the bulk of my professional career,” she said. “There is no other place I would rather be, and my appointment is the fulfillment of a career working in the senior-living arena. I am fortunate to work with so many talented people who are passionate about providing senior living that expands the quality of life of those residing in our communities. I look forward to serving in this new capacity.”
Mantoni serves the community in a number of capacities, including as treasurer and former chair of the board of the Greater Holyoke Chamber of Commerce, the audit committee of the United Way of Pioneer Valley, and the capital projects planning committee for the city of West Springfield. She has a bachelor’s degree from UMass and an MBA from Western New England University.