PITTSFIELD, Mass., July 11, 2016 /PRNewswire/ -- Berkshire
Hills Bancorp, Inc. (NYSE: BHLB) the parent company of Berkshire
Bank, announced that on July 6, 2016,
James "Jamie" M. Moses was appointed Senior Executive Vice
President, Chief Financial Officer of the Company and the
Bank. Senior Executive Vice President and Chief Financial
Officer Josephine Iannelli has
chosen to leave the company as of July 5,
2016, to pursue other opportunities.
"Josephine has been instrumental in helping to drive the bank
forward over the last few years," said Michael P. Daly, Chief Executive Officer of
Berkshire. "We appreciate her contributions to the bank and
her willingness to stay and help us through the acquisition
agreement with First Choice Bank and closing out the second
quarter. With growth and earnings on track, this was the
opportune time for Josephine to pursue some other interests and for
us to welcome Jamie to our team."
Moses joins Berkshire from
Webster Bank where he served as
Senior Vice President and Asset/Liability Manager. His
responsibilities included strategic planning and forecasting,
capital strategies, DFAST stress testing, and business line
profitability modeling. He joined Webster in 2011 from
M&T Bank where he spent four years in various roles including
head mortgage trader, deposit products pricing manager and consumer
credit card product manager. Before that, he was in bond and
mortgage trading and securitization with United Benelux Investments
and with Credit Suisse.
"We are excited to have someone with Jamie's asset-liability
management skills and knowledge base in risk and liquidity
administration and profitability strategies," said Daly.
"With over 15 years of diverse experience in finance and banking
management, he will bring a fresh perspective to the company and
the bank as we continue to grow and pursue our strategic
objectives."
Moses is a resident of Farmington, CT. He earned his
bachelor's degree in finance from Saint
Bonaventure University and his MBA from Cornell.
Committed to serving his community, Moses coaches Little League and
volunteers as the treasurer with the Farmington Youth Baseball
League.
ABOUT BERKSHIRE
HILLS
Berkshire Hills Bancorp is the parent of Berkshire
Bank – America's Most Exciting Bank®. The Company,
recognized for its entrepreneurial approach and distinctive
culture, has approximately $7.8
billion in assets and 93 full service branch offices in
Massachusetts, New York, Connecticut, and Vermont providing personal and business
banking, insurance, and wealth management services. For more
information, visit www.berkshirebank.com. Berkshire has a pending agreement to acquire
First Choice Bank, which has $1.1
billion in assets and operates six branches near
Princeton, New Jersey and two
branches in the Philadelphia,
Pennsylvania area.
CONTACT
Allison
O'Rourke, Executive Vice President, Investor Relations;
413-236-3194
Logo -
http://photos.prnewswire.com/prnh/20120131/NE44966LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/berkshire-hills-appoints-james-m-moses-chief-financial-officer-300296708.html
SOURCE Berkshire Hills Bancorp, Inc.