BOSTON, March 17, 2021 /PRNewswire/ -- Berkshire Hills
Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank,
today announced that Kevin Conn has
joined the Company as SVP, Investor Relations & Corporate
Development. Conn brings over 30 years of experience as an
institutional investor in financial stocks most recently as
Director of Research at Hudson Executive Capital in New York.
As SVP, Investor Relations & Corporate Development, Mr. Conn
is responsible for leading the strategic development and execution
of the investor relations program including serving as the primary
investor contact, overseeing investor communications and supporting
other strategic initiatives of the Company.
"Kevin's extensive background in equity research, strategy
practice and relationship management at various institutional
investors will enhance our investor relations function and build
deeper relationships with our shareholders," stated Nitin
Mhatre, CEO of Berkshire Hills Bancorp and Berkshire Bank.
"His talents are well suited to assist in driving Berkshire's transformational strategic plan to
enhance stakeholder value."
Before joining Berkshire, Conn
also held roles at MFS Investment Management in Boston, MA where he ran several financial
industry portfolios, Sanford
Bernstein in New York,
Gemini Consulting in Cambridge, MA
and JP Morgan in New York. He has
years of experience in equity research, advising on strategy and
investor communications.
"I am thrilled to join a community bank with a deep commitment
to its values, communities, employees and shareholders," said Conn. "Berkshire Bank is making great
strides in the market and we will be able to demonstrate that a
purpose-driven community-dedicated bank creates significant value
for all its stakeholders."
Conn has a BA in Economics from Haverford
College and an MBA from Stanford
University. He resides in Newton,
MA with his family. A long-time supporter of Cradles to
Crayons in Boston, MA he is a
former member of their Family Advisory Council.
ABOUT BERKSHIRE HILLS
BANCORP
Berkshire Hills Bancorp is the parent
of Berkshire Bank, a community bank committed to purpose
driven performance based on its Be FIRST corporate responsibility
culture. Headquartered in Boston, Berkshire operates 124 banking offices in
seven Northeastern states, with approximately $12.8 billion in assets.
FORWARD-LOOKING STATEMENTS
This document contains
"forward-looking statements" within the meaning of section 27A of
the Securities Act of 1933, as amended, and section 21E of the
Securities Exchange Act of 1934, as amended. You can identify these
statements from the use of the words "may," "will," "should,"
"could," "would," "plan," "potential," "estimate," "project,"
"believe," "intend," "anticipate," "expect," "target" and similar
expressions. There are many 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.
Further, given its ongoing and dynamic nature, it is difficult
to predict what continued effects the novel coronavirus (COVID-19)
pandemic will have on our business and results of operations. The
pandemic and the related local and national economic disruption may
result in a continued decline in demand for our products and
services; increased levels of loan delinquencies, problem assets
and foreclosures; an increase in our allowance for loan losses; a
decline in the value of loan collateral, including real estate; a
greater decline in the yield on our interest-earning assets than
the decline in the cost of our interest-bearing liabilities; and
increased cybersecurity risks, as employees increasingly work
remotely. Accordingly, you should not place undue reliance on
forward-looking statements, which reflect our expectations only as
of the date of this document. Berkshire does not undertake any obligation to
update forward-looking statements.
Investor Relations
Contact:
|
Media
Contacts:
|
Kevin Conn, SVP,
Investor Relations
& Corporate Development
Email: KAConn2@berkshirebank.com
Tel: (617)
610-2391
|
John
Lovallo
Email: jlovallo@levick.com
Tel: (917)
612-8419
Cate
Cronin
Email: ccronin@levick.com
Tel: (202)
738-7302
|
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SOURCE Berkshire Hills Bancorp, Inc.