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BOSTON, Jan. 25, 2021 /PRNewswire/ Berkshire Hills Bancorp, Inc. (NYSE: BHLB) (Company), the parent company of Berkshire Bank, announced today that the joint Board of Directors of the Company and the Bank (Board) has appointed Nitin J. Mhatre as President and Chief Executive Officer (CEO) of the Company and CEO of the Bank, effective January 29, 2021. Mr. Mhatre will also serve as a member of the Board. Sean Gray, who has served as Acting CEO since August 10, 2020, has been and will continue to be President and Chief Operating Officer of the Bank.
(PRNewsfoto/Berkshire Hills Bancorp, Inc.)
Berkshire Bank names Nitin Mhatre, former Webster Bank executive, as CEO
Updated Jan 26, 2021;
This article was first published on the Boston Business Journal’s
.
Berkshire Bank’s parent company has wrapped up its search for a new chief executive, turning to Nitin Mhatre, formerly a community banking executive at Webster Bank.
Mhatre is scheduled to start Friday as president and CEO of Berkshire Hills Bancorp Inc. and CEO of the bank itself.
Boston-based Berkshire has been looking for its next CEO since August, when Richard Marotta abruptly resigned. Berkshire Bank President and Chief Operating Officer Sean Gray had been serving as acting CEO.
Operator
Good morning, and welcome to the Berkshire Hills Bancorp Q4 Earnings Release Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to David Gonci, Investor Relations Manager. Please go ahead.
David Gonci
Capital Markets Director
Good morning. And thank you for joining this discussion of fourth quarter results. Our news release is available on the Investor Relations section of our website, berkshirebank.com, and will be furnished to the SEC. Supplemental investor information is provided in an information presentation at our website at ir.berkshirebank.com, and we may refer to this in our remarks. Our remarks will include forward-looking statements, and actual results could differ materially from those statements. For detail on related factors, please see our earnings release and most recent SEC reports on Forms 10-K and 10-Q. In addition, certain non-GAAP financial measures will be discussed on