Berkshire Hills Bancorp, Inc. (NYSE: BHLB) President and CEO Michael Daly will become chairman of the Pittsfield, Mass.–based banking company on Jan. 1.
Berkshire Hills’ board elected Daly as chairman on Dec. 13. Lawrence Bossidy, current chairman, will become the lead independent director of the board.
Berkshire Hills has assets of $5.5 billion and 73 branches in Massachusetts, New York, Connecticut, and Vermont. The company, parent of Berkshire Bank, first entered the Central New York market in 2011 with its acquisition of Rome Savings Bank and acquired DeWitt–based Beacon Federal in October.
(Sponsored)
Criminal Liability for Employment Law Violations?
New York employers are often surprised to learn that wage law violations can lead to criminal penalties in addition to financial penalties. Whether payroll is outsourced, or a staffing agency
Why Now Is the Time To Start Planning for Your Company’s Business Succession
You’ve built a great business, and you love what you do. Retirement is a long way off, so why worry about how you’ll transition the ownership of your company down
Contact Tampone at ktampone@cnybj.com
