Elwin Bresette May 5, 1942 - December 31, 2012 North Stonington - Elwin Bresette, 70, who served with distinction as Chief Financial Officer at Lawrence & Memorial Hospital for nearly two decades, died Monday at L&M. Mr. Bresette was born May 5, 1942, in Montpellier, VT. He was Chief Financial Officer at L&M from June 7, 1989 until his retirement on January 25, 2008. L&M President and CEO Bruce D. Cummings noted that with Mr. Bresette's passing, "L&M has long one of his strongest boosters, financial guardians and best friends. "Elwin played an incredibly important role in the growth and development of L&M, working closely with my predecessor, Bill Christopher, and continuing with me," said Cummings, who came to the hospital in 2005. "L&M would not be the extraordinary hospital that it is today - and would not be so well-prepared to face the extraordinary challenges that lie ahead - were it not for his financial stewardship." Christopher, who retired in 2005 after 18 years as L&M's President and CEO, called Mr. Bresette a "good friend and co-worker. "Elwin was well-regarded by other CFOs around the state and perhaps, as important, he was held in high regard by people in hospital financing, both at the state level and by the experts in bonds and capital projects," Christoper said. "He dealt professionally with the regulators and was always prepared for any questions related to raising funds for L&M's numerous projects. He demanded a lot from his staff and in many ways they were ahead of the game because of the high standards Elwin set." Mr. Bresette is a past Chairman of the Board of Directors for Mitchell College and served on the Investment Committee for what is now The Community Foundation of Eastern Connecticut. He was also a member of the Board of Finance in his hometown of North Stonington. "He was a Corporator of L&M Hospital, where he served on the Centennial Capital Campaign Committee and was a long-time member of Lawrence and Memorial Benefactors Society - LAMBS. He came to L&M from CVPH Medical Center in Plattsburgh, NY, and, before that, Thomas Memorial Hospital in South Charleston, WV, having served as Chief Financial Officer at both institutions. Before getting into the healthcare field, Mr. Bresette was a Commissioner on the Public Service Commission of West Virigina, and, in the preceding decade, served in various financial administrative roles for the West Virginia State Board of Regents, ultimately as its Vice Chancellor and Director of Finance and Facilities. Mr. Bresette earned a MBA from Virginia Polytechnic Institute and State University in Blacksburgh, VA, and a BS Degree in Business Administration from Babson College in Babson Park, MA. He was a devout and enthusiastic fan of the New York Yankees, and delighted in reminding any unsuspecting Red Sox fan the his Yankees "are the single most successful professional sports franchise in the history of civilization." Mr. Bresette is survived by his loving wife, Linda Pershaec, with whom he lived and raised horses on their small farm in North Stonington. Also surviving are his grown sons, Wesley and Lawson Bresette; step-daughter Alexis Wainwright; and brother Ronald of Texas, Michael in Florida, and Douglas in Vermont. Gifts in his memory may be made to the L&M Hospital Development Fund, c/o of the Development Office, 365 Montauk Ave., New London, CT 06320 or at www.lmhospital.org
. There are no callings hours. Arrangements for memorial service will be announced at a later date.