By Susan Adams March 9, 2016 Forbes on-line
In late 2013, when Rev. Frank J. Caggiano became the Fifth Bishop of Bridgeport, CT, he took over a diocese with 82 parishes, 38 schools and 410,000 Catholics, who make up 45% of the population. He also inherited almost $22 million in debt that had been racked up by the schools, even though the diocese, which covers most of Fairfield County, includes some of the world’s wealthiest enclaves, housing a disproportionate number of billionaires and hedge fund titans. In this condensed and edited interview, Bishop Caggiano talks about out how he’s attempting to bring an entrepreneurial approach to solving his diocese’s problems.
To continue reading, click HERE.