Brookline Bancorp Announces Changes in Key Leadership Positions
June 14 2021 - 4:05PM
Brookline Bancorp, Inc. (the “Company”) (NASDAQ: BRKL) President
& CEO Paul Perrault announced today that the Company’s Board of
Directors has approved a number of key changes to the Company’s
organizational structure. Perrault himself will become the
Company’s Chairman, replacing Joseph Slotnik, who served as
Chairman for the past ten years. Slotnik will remain on the Board
as Lead Director.
The Board also voted to elevate General Counsel and Chief Risk
Officer Michael McCurdy and Chief Financial and Strategy Officer
Carl Carlson to serve jointly as Co-Presidents. Mr. McCurdy has
been with the Company for ten years; Mr. Carlson for seven. Mr.
McCurdy will also assume the role of Chief Operating Officer
overseeing the Company’s two subsidiary banks (Brookline Bank and
Bank Rhode Island), banking operations, human resources, and the
Company’s two equipment finance units, Eastern Funding LLC and
Macrolease. Mr. Carlson will continue to serve as Chief Financial
Officer overseeing Finance and also Commercial and Consumer Product
Management. Both - as well as Brookline Bancorp’s Chief Credit
Officer, Robert Rose - will continue to report to Perrault who will
remain as Chief Executive Officer of the Company.
“I’m delighted that the Board of Directors has voted to make
these changes, the most significant of which is clearly Mike
McCurdy’s and Carl Carlson’s elevation to Company co-presidents,”
said Perrault. “This will recognize them for their experience and
dedicated service to the Company and will also ensure that our
customers and stockholders get the full benefit of their experience
and counsel well into the future. I am looking forward to many more
years of collaboration with Mike and Carl as they take the reins in
so many areas of the Company.”
An attorney, Michael McCurdy joined Brookline Bancorp in 2011 as
General Counsel and Chief Risk Officer. He joined Brookline Bancorp
following four years as Executive Vice President, Director of
Retail Banking, General Counsel and Corporate Secretary for Danvers
Bancorp. Mr. McCurdy also served for six years as CEO of
BankMalden. In addition to his work in financial services, Mr.
McCurdy is an adjunct professor at Suffolk Law School where he
teaches banking law.
Carl Carlson has served as Chief Financial and Strategy Officer
for Brookline Bancorp since April 2014. He joined the Company after
having served in a number of key finance roles for Webster
Financial Corporation where he worked from 2007-2014. From 1986
until 2007, Mr. Carlson was employed by North Fork Bancorporation
and held a number of positions, including Senior Vice President,
Strategic Planning and Corporate Development. Mr. Carlson earned
his MBA from Dowling College and has a BA in Finance from Clarkson
University.
ABOUT BROOKLINE BANCORP, INC.
Brookline Bancorp, Inc., a bank holding company with
approximately $8.6 billion in assets and branch locations in
eastern Massachusetts and Rhode Island, is headquartered in Boston,
Massachusetts and operates as the holding company for Brookline
Bank and Bank Rhode Island. The Company provides commercial and
retail banking services and cash management and investment services
to customers throughout Central New England. It provides equipment
financing through two subsidiary units, Macrolease and Eastern
Funding LLC. More information about Brookline Bancorp, Inc. can be
found at www.brooklinebancorp.com.
CONTACT:Karen SchwartzmanPolaris Public
Relations(617) 710-1407
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