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Brookline Bank Welcomes New CEO

Mar 6, 2009 | Reprints | Unlock Link | Print

Paul A. Perrault has been elected as chief executive officer of Brookline Bancorp and its wholly owned subsidiary, Brookline Bank, succeeding Richard P. Chapman Jr., who is retiring after 35 years.

Perrault was the chief executive officer from 1990 to 2008 of the Chittenden Corp., a $7.4 billion bank holding company headquartered in Burlington, Vt.

Perrault will become chairman and chief executive officer of Brookline Bank and president of Brookline Bancorp effective March 16, and chief executive officer of Brookline Bancorp on April 16, the date of the quarterly meeting of the board of directors.

Chapman will continue as chairman of Brookline Bancorp, and a director of Brookline Bancorp and Brookline Bank.

Banking & Lending