St. Mary’s CU Names Former M&T Exec as New CEO
Former M&T Bank regional president Grace Lee is the new president and CEO of the Marlborough-based credit union.
NBT CEO to Step Down in May
The regional bank has nearly 150 branches in New England, including in several across the Berkshires.
Webber and Tallman Will Split Leadership at Cornerstone Bank
Worcester-based Cornerstone Bank has made another move in its succession plan ahead of CEO K. Michael Robbins retirement at the end of the year.
HUECU CEO Foley to Retire
Harvard University Employees Credit Union’s longtime leader, Gene Foley, will retire in July 2020 after 25 years as president and CEO.
Florence Bank CEO John Heaps to Retire in May
Florence Bank’s longtime President and CEO John F. Heaps Jr. will retire on May 1 after 25 years in the top job. He is the longest-serving CEO in Florence Bank’s 147-year history.
‘It’s Not A Sleepy Business Anymore’
When asked about the path he took into banking, Eastern Bank’s Rich Holbrook jokes, “Everything I’ve done has been totally planned. Just none of those plans worked out.” In his early years, Holbrook thought he might become a doctor. But during a post-college stint in Yale University’s athletic department, a friend lured him into a meeting with Connecticut Bank & Trust executives with the promise of free shrimp – and he was sold. It was the ability to make a difference that appealed to him, and over his 36-year banking career, he’s done just that. Now approaching retirement, Holbrook sat down with Banker & Tradesman to talk about advocating for social justice, thinking about tech and looking forward to the bank’s new leadership.
