Berkshire Hills Names Richard R. Thevenet SVP Treasurer
PITTSFIELD, Mass., Feb. 6, 2014
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.
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.
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
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
Investor Relations Contact
Allison O'Rourke; Vice President – Investor Relations; 413-236-3149
Ray Smith; Assistant Vice President – Marketing; 413-236-3756
SOURCE Berkshire Hills Bancorp, Inc.
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