PITTSFIELD, Mass., Feb. 6, 2014 /PRNewswire/ -- Berkshire Hills
Bancorp, Inc. (NYSE: BHLB) today announced the appointment of
Richard R. Thevenet, to Senior Vice
President, Treasurer of the Company, effective February 11, 2014. Mr. Thevenet will report
to Josephine Iannelli, Executive
Vice President, Chief Financial Officer and be responsible for
corporate treasury, capital, funding, interest rate risk management
and overall balance sheet management strategies.
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Ms. Iannelli stated, "I am pleased to welcome Rick to the
team. His experience and expertise in the treasury function
along with his analytical mindset allows for a strategic fit that
will greatly benefit Berkshire. I believe he will be
instrumental in optimizing our balance sheet management and helping
us to provide competitive banking solutions with margins targeted
to support our earnings objectives."
In his career of more than 20 years, Mr. Thevenet has served as
Treasurer of MasterCard International and MBIA, and as Assistant or
Deputy Treasurer at Time Warner, Pitney Bowes, and PepsiCo.
He joins Berkshire from M&T
Bank where he was VP Enterprise Risk Management leading the Model
Validation and Model Risk functions. Mr. Thevenet holds an
MBA from the University of Chicago and
a B.S. in Chemical Engineering from Lehigh University.
BACKGROUND
Berkshire Hills Bancorp is the parent of
Berkshire Bank – America's Most Exciting Bank®. The Company has
approximately $6.0 billion in assets
and 92 full service branch offices in Massachusetts, New
York, Connecticut, and
Vermont providing personal and
business banking, insurance, and wealth management
services.
FORWARD LOOKING STATEMENTS
This document may contain
forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. There are several factors that
could cause actual results to differ significantly from
expectations described in the forward-looking statements. For a
discussion of such factors, please see Berkshire's most recent reports on Forms 10-K
and 10-Q filed with the Securities and Exchange Commission and
available on the SEC's website at www.sec.gov. Berkshire does not undertake any obligation to
update forward-looking statements.
CONTACTS
Investor Relations Contact
Allison O'Rourke; Vice President –
Investor Relations; 413-236-3149
Media Contact
Ray Smith; Assistant Vice President
– Marketing; 413-236-3756
SOURCE Berkshire Hills Bancorp, Inc.