Derek Barbagallo is the chief executive and chief financial officer of Colony Foods in Lawrence, Mass. Despite the recession, he has invested in infrastructure and staff to prepare for post-recession growth. A third-generation company executive, Barbagallo has a business theory that guides his leadership: “Don’t live in the past, and learn from your mistakes.”
 Joseph Mario Barbagallo founded the company 55 years ago as a jobber working out of his garage. Three brothers, ...

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