Berkshire Hills Bancorp, Inc., the Boston-based parent company of Berkshire Bank, has named Connecticut-based Webster Bank executive vice president of community banking Nitin Mhatre as the company’s next president and CEO, as well as CEO of the bank, according to a Monday announcement.
Berkshire operates locations throughout the Northeast, included all the Commerce Bank branded locations in Central Massachusetts. Berkshire acquired Commerce in 2017.
Mhatre’s appointment is effective Friday, and he will also serve as a member of the board of directors.
The company’s acting CEO, Sean Gray, will stay on as chief operating officer of the bank.
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