Rockland Trust

Retired real estate developer Brian S. Tedeschi has decided to resign from Rockland Trust Co. board of directors after 40 years. According to an SEC filing by the bank’s holding company, Tedeschi’s decision was voluntary. He has served as a Rockland Trust director since 1980 and as a director for the holding company, Independent Bank Corp., since 1991.

Tedeschi, who was formerly director of Tedeschi Food Shops Inc., will continue to serve on both boards until Jan. 2, 2020, the effective date of his resignation.

Both Rockland Trust and Independent Bank Corp. will reduce the size of the board of directors from 15 to 14 members in connection with Tedeschi’s resignation. The number of class III directors for Independent Bank Corp. will decrease from three to two.

Rockland did not respond to a request for comment.

Tedeschi Resigns from Rockland Trust Board

by Banker & Tradesman time to read: 1 min
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