- Healthcare
- Social
- Retail
- Main
You are not logged in!
Do you want to login? It's free!
Who do you implu? Create a Free Account!
On December 31, 2008, John F. Perotti, Chairman and Chief Executive Officer of Salisbury Bancorp, Inc. (the "Company") and Salisbury Bank and Trust Company (the "Bank"), the Company's wholly-owned subsidiary, announced that effective June 8, 2009, Mr. Perotti is retiring as Chief Executive Officer of the Company and the Bank. Mr. Perotti's retirement is pursuant to his long-held personal plans which he has discussed with the Board of Directors for several years. Mr. Perotti selected his retirement date to coincide with the expiration of his term as President of the Connecticut Community Bankers Association (CCBA). Mr. Perotti will continue as a director of the Company and the Bank. Effective June 8, 2009, Richard J. Cantele, Jr., 49, who is currently President and Chief Operating Officer of the Company and the Bank, will become Chief Executive Officer and President of the Company and the Bank. Mr. Cantele has served as an Executive Officer of the Company since 2001 and of the Bank since 1989. Mr. Cantele also serves as a director of the Company and the Bank.
Tags: Retirement CEO Appointment
Related URLs: SALISBURY BANCORP INC • PEROTTI JOHN F • CANTELE RICHARD J JR
1 total votes | Comments (0) | Created by catalyst043 on 2009-01-02 - Login to vote or comment!