Berkshire Hills Bancorp Makes Board Changes
PITTSFIELD, Mass. — Berkshire Hills Bancorp Inc. announced changes Friday to its board of directors for both the company and its subsidiary Berkshire Bank.
John W. Altmeyer was appointed a director on March 18. He has been president and chief executive officer of Carlisle (Pa.) Syntec Inc. since 1997. The roofing manufacturer is a key segment of Carlisle Companies, a New York Stock Exchange-listed company. Prior to joining Carlisle in 1987, he was employed by Carrier Corp. of Syracuse, N.Y.
Altmeyer served as a director since 1992 of Beacon Federal Bancorp Inc., which was acquired by Berkshire Hills in October 2012.
Laurie Norton Moffatt will be a director nominee to stand for election at the 2013 annual meeting of stockholders. Moffatt is director and chief executive officer of the Norman Rockwell museum in Stockbridge. Under her leadership, the museum became the first to receive the National Humanities Medal, America's highest humanities honor. Moffatt has been a delegate and speaker for the U.S. State Department. An active community leader, she is a founder of 1Berkshire and the Berkshire Creative Economy Council and currently serves as a trustee of Berkshire Health Systems.
"I am very pleased to welcome our new director, John Altmeyer, and our director nominee, Laurie Norton Moffatt," said Berkshire Hills President and CEO Michael Daly in a statement. "These individuals have demonstrated career success and distinction at a national level in their fields. Mr. Altmeyer served for many years as a director of Beacon Federal, our recent merger partner, and he has extensive knowledge of our markets in Syracuse and Central New York. Ms. Moffatt is an outstanding leader and scholar, including her many contributions to the growth and prosperity of the Berkshire County economy.”
Daly also expressed the appreciation of the board and the company for the service of David Phelps, whose term as a director is expiring.
"As president and chief executive officer of Berkshire Health Systems, Dave has made important contributions to our success based on his executive experience and close ties to the local community and economy," said Daly. "I look forward to his ongoing presence and local involvement as a business leader and chief executive of the primary healthcare network in this region."
Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank and has approximately $5.3 billion in assets and 75 full service branch offices in Massachusetts, New York, Connecticut, and Vermont.
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