The chief financial officer of Berkshire Bank, Subhadeep Basu, abruptly resigned from his position on Oct. 7 after 19 months on the job, the Boston-based financial institution announced Thursday.
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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.