People In The News
Boston Fed Appoints New First VP, COO
The Federal Reserve Bank of Boston has named Karen A. Pennell its new first vice president and chief operating officer. She will replace Kenneth C. Montgomery, who will retire this spring.
Shawmut Hires Former BPDA Official
As part of a strategy to expand its growth in New England, Shawmut Design and Construction hired a former Boston Planning & Development Agency official and a life science specialist as new business development leaders.
Personnel File – No. 361
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Housing Exec Named to Lead Fenway CDC
A local housing executive was selected to lead the nonprofit Fenway Community Development Corp., replacing retiring executive director Leah Camini.
BayCoast Bank Promotes Three in C-Suite
Swansea-based BayCoast Bank has recently promoted three leaders in top-level positions: its chief financial officer, chief information officer and chief human resources and talent officer.
Cambridge Savings Bank Names New President and CEO
Wayne Patenaude will step down as Cambridge Savings Bank’s president and chief executive officer on Feb. 28, and will be replaced by USAA executive Ryan A. Bailey.
Berkshire Bank Hires Former SVB Private Banker
Amid regional banks’ race to capture business among Boston’s affluent, Berkshire Bank has hired a former Silicon Valley Bank executive to boost its private banking business in the region.
Cochran Retires as Jeanne D’Arc Credit Union President and CEO
Under his 17 years at the helm, Mark S. Cochran doubled the credit union’s membership to 100,000, increased staffing by 48 percent and grew assets from $600 million to $2.1 billion.
Needham Bank, Parent Firm Appoint New CFO
Needham Bank and its holding firm NB Bancorp Inc. appointed a new chief financial officer, Jean-Pierre Lapointe, effective Feb. 1.