Legacy Banks Names New President

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Patrick J. Sullivan

J. Williar Dunlaevy
PITTSFIELD, Mass. — Legacy Banks has named a new president in Patrick J. Sullivan, a Sovereign banking executive with 30 years experience.

Sullivan, 54, is expected to transition into the post over the next couple months and move to the Berkshires with his wife, Debra.

His selection is the culmination of a two-year sucession process of the leadership of Legacy Banks and Legacy Bancorp. Inc., according to J. Williar Dunlaevy, who's held the top posts for both entities for the past several years.

"Pat will be just the seventh CEO in the history of the bank and I could not be more confident that we are putting Legacy in very capable and talented hands," said Dunlaevy, 64, in a statement. "Pat Sullivan is the perfect fit for this job and the right fit for our community."

Dunlaevy will remain chairman and chief executive officer of Legacy Bancorp and Sullivan will become president of both the bank and holding company and serve on the boards of both, as well as being CEO of Legacy Banks.

Sullivan will be responsible for running day-to-day operations of the bank, while Dunlaevy will focus on overall company strategic goals, including identifying market-growth opportunities.


Dunlaevy said Sullivan was selected from "an extremely impressive candidate pool." Bank director Anne W. Pasko, chairman of the board's Governance and Nominating Committee, said Sullivan had a proven track record and "was a powerhouse performer of unquestioned integrity and is highly respected in the banking industry."

Sullivan has held a variety of executive and management positions. He joined the Pennsylvania-based Sovereign Bank in 2000 and held posts including managing director of corporate banking and CEO-New England, with responsibility for all commercial and specialty lending efforts, community banking activities for region's 255 branches and $14 billion in deposits.

He also was president and CEO of Howard Bank in Burlington, Vt., and chief operations officer of a mid-sized family distribution business, and executive vice president at First New Hampshire Bank. He holds his bachelor's degree and master of business administration from Bryant University and attended the Executive Management Program at Dartmouth College, Amos Tuck School. He has three grown children, Cara, Rory and Ashley.
 
"At this point in my career, I am looking forward to returning to my community banking roots and working to grow an institution built around talented people. Legacy fits that bill perfectly," he said in a statement. "I am enthusiastic about getting involved in the communities that we serve and hope to make a difference in social, civic and charitable causes."

Dunlaevy, 64, said he was fortunate in his 40-year career with Legacy, working his way up through the ranks. He became president and CEO in 1996 and championed a growth strategy that guided the bank through two acquisitions and brought the company public in October 2005.

"Now I look forward to beginning the transition of some of those responsibilities to a new leader," he said.
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Pittsfield City Council Accepts Airport Funds, Honors Late PHS Teacher

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The City Council last Tuesday accepted a $2.4 million federal grant for a new taxiway at the Pittsfield Municipal Airport, a project that will only require 2.5 percent support from Pittsfield. 

"This is a great deal for the city of Pittsfield, and our airport has come a long way in a very short time," Ward 7 Councilor Katherine Moody said. 

Councilors accepted $2,394,570 from the Department of Transportation Federal Aviation Administration, and approved an order to borrow $2,520,600 for the construction of Taxiway A at the airport.

Moody was referring to the fact that 95 percent, or $2,394,570, is covered by the FAA.  The remaining costs are split between Massachusetts and Pittsfield; 2.5 percent each. 

That brings the city's contribution to a little more than $63,000. 

The project will reconstruct, mark, light, and sign the new taxiway, which will also require pavement removal, excavation, pavement construction, installation of electrical and drainage infrastructure, pavement markings, seeding, and more. 

Bidding was recently completed at $2,150,490.65 and, combined with engineering services and administrative costs, the project totaled $2,520,600. 

At the beginning of the meeting, Councilor at Large Kathy Amuso paid tribute to a longtime friend of hers and many others, Colleen Quinn, who died on May 20 at the age of 69 after a brief battle with cancer.

Amuso described the loss of the longtime Pittsfield High School art teacher as devastating to the community. 

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