The Ticker

UMass prez leaving for Maryland post

University of Massachusetts President Robert Caret is leaving to become chancellor of the University System of Maryland.

The announcement was made yesterday by James Shea, chairman of the USM Board of Regents. Caret will start his new position July 1.

Caret has served as president of the five-member UMass system since January 2011. He previously served as president of Towson University in suburban Baltimore, part of the University of Maryland system.

State Street names new prez, COO

The board of State Street Corp. has named Michael F. Rogers as president and COO, the company said yesterday. Rogers will report to Jay Hooley, who previously held those posts and will keep his positions as chairman and CEO.

Rogers was appointed to oversee information technology, operations and the firm's global exchange business.

Hooley was appointed president and COO in 2008. He was named chairman and CEO in 2010.

Adelphic raises $11M in financing

Boston-based targeted mobile ad-buying platform Adelphic has raised $11 million in private financing, the company said. The company will use the money to expand internationally and develop cross device targeting of ads.

"This funding round allows us to continue influencing the future of marketing by expanding a DSP that creates more meaningful engagement opportunities for our clients with their audiences — illuminating the real consumers behind their devices," said Michael Collins, chief executive of Adelphic.

The round was led by Blue Chip Venture Co., and included previous investors Matrix Partners and Google Ventures.

TODAY

 Labor Department releases weekly jobless claims

 Conference Board releases leading indicators for November

THE SHUFFLE

Eastern Bank, a full-service commercial bank headquartered in Boston, announced that it has added Paul D. Spiess to its board of directors. Spiess, former chairman of Centrix Bank & Trust's board of directors, was elected to Eastern Bank's board shortly after Centrix merged with Eastern in late October.

 Pingup, provider of a mobile application programming interface that enables directories and software providers to easily add booking capabilities to business listings, announced the addition of Ron Braunfeld as vice president of business development. Braunfeld will focus on building strategic relationships with publishers and listing providers to drive adoption for Pingup's API.

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