Berkshire Hills Bancorp recently promoted two of its own as president and chief operating officer of Berkshire Bank.

Richard Marotta, who has been executive vice president and chief risk and administrative officer since 2013, was promoted to president. Sean Gray, previously executive vice president of retail banking, was promoted to chief operating officer.

“Richard and Sean are results driven, high integrity leaders that have been integral to the growth of this company and this promotion reflects their contributions,” Michael Daly, chief executive officer of both the bank and the company, said in a statement.

The company also promoted George Bacigalupo, Josephine Iannelli and Linda Johnston to senior executive vice president and promoted eight more to its executive team.

“We believe the best way to accelerate our company’s progress is to empower the next level of leadership through more engagement and greater accountability,” Daly said. “We’re proud of the bench we’ve built and our ability to promote from within. I have no doubt that this leadership team will drive Berkshire to new heights in performance, integrity and culture.”

Those eight promotions are as follows:

  • Michael Carroll, executive vice president, chief risk and credit officer
  • James Curran, executive vice president, regional commercial leader for Central Massachusetts and Connecticut
  • Mark Foster, executive vice president, regional commercial leader for Eastern Massachusetts and asset-based lending.
  • Tami Gunsch, executive vice president of retail banking
  • Scott Houghtaling, executive vice president, regional commercial leader
  • Allison O’Rourke, executive vice president of investor relations and financial institution banking
  • Deborah Stephenson, executive vice president, compliance and regulatory

Berkshire Bank Names New President, COO; Announces Promotions To Executive Team

by Banker & Tradesman time to read: 1 min
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