April 24, 2018 11:18 AM ET

Banks

Company Overview of Eastern Bank

Company Overview

Eastern Bank provides banking products and services to individuals, families, executives, small-business owners, and not-for-profit organizations in eastern Massachusetts, and southern and coastal New Hampshire. The company offers checking, savings, certificates of deposit, and money market accounts; personal loans, such as installment loans, cash reserve lines of credit options, mortgages, and student loans; business loans, including term, small business administration, lines of credit, and commercial real estate mortgage loans; and debit and credit cards. It provides online and mobile banking, retirement planning, wealth management, cash management, merchant, payroll, investment, insurance...

265 Franklin Street

Boston, MA 02110-3113

United States

Founded in 1818

Phone:

617-897-1100

Fax:

617-897-1105

Key Executives for Eastern Bank

Chairman & CEO
Age: 52
Chief Financial Officer
Regional President of New Hampshire
Senior VP & Regional Manager
Compensation as of Fiscal Year 2017.

Eastern Bank Key Developments

Eastern Bank Announces Executive Changes

Eastern Bank announced that Jennifer Porter has joined as Senior Vice President of Total Rewards & HR Operations. She brings more than 25 years of total rewards and HRIS experience and replaces Ed Saras, who is retiring. Jen was most recently Vice President, Compensation, Benefits and HRIS at Cotiviti, where she led benefits, compensation, HRIS and payroll. In addition to leading HR Operations, Jen will be responsible for driving the design and implementation of all Eastern total rewards plans, policies and programs. In her career, she has worked in various industries including insurance and health care consulting, and has led the design and application of compensation and incentive plans, HRIS and payroll systems, as well as benefits education initiatives.

Eastern Bank Announces Executive Changes

Eastern Bank announced that Kathleen C. Henry, General Counsel and Corporate Secretary, and Steven L. Antonakes, Director of Enterprise Risk Management, have been promoted to Executive Vice President and appointed to its Management Committee.

Eastern Bank Appoints Deborah Jackson as Lead Director

Eastern Bank announced Deborah Jackson will lead its board of directors, effective January 1, 2018. Jackson is the first woman and second person of color to serve as Eastern's Lead Director in its 200-year history. She joined Eastern's board of directors in 2000 and most recently served as Chair of the Nominating and Governance Committee. Jackson succeeds Wendell Knox, who has served as Lead Director since 2009 and as a member of Eastern's Board since 1995. Ms. Jackson currently serves as President of Cambridge College. Prior to Cambridge College, Jackson served as CEO of the American Red Cross of Eastern Massachusetts, Vice President of the Boston Foundation, and on numerous nonprofit boards for companies dedicated to health, human services, and education. Ms. Jackson also currently serves on the board of John Hancock Investments and the Massachusetts Women's Forum. She served previously on the board of the Boston Stock Exchange and Harvard Pilgrim Health Plan.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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