Brookline Bancorp’s board of directors approved multiple changes to the company’s organizational structure, naming Paul Perrault, president and CEO of the company, to the role of chairman. In addition, the board elected Michael McCurdy, general counsel and chief risk officer of the company, and Carl Carlson, chief financial and strategy officer of the company, to serve jointly as co-presidents.
Perrault will replace Joseph Slotnik, who has served as chairman for the past 10 years. Slotnik will remain on the board as lead director.
McCurdy also will assume the role of chief operating officer and oversee Brookline Bancorp’s two subsidiary banks (Brookline Bank and Bank Rhode Island), banking operations, human resources and the company’s two equipment finance units: Eastern Funding and Macrolease. Carlson will continue to serve as CFO and oversee finance and also commercial and consumer product management. McCurdy, Carlson and Robert Rose, chief credit officer of Brookline Bancorp, will continue to report to Perrault, who will remain CEO of the company.
“I’m delighted that the board of directors has voted to make these changes, the most significant of which is clearly Mike McCurdy’s and Carl Carlson’s elevation to company co-presidents,” Perrault said. “This will recognize them for their experience and dedicated service to the company and will also ensure that our customers and stockholders get the full benefit of their experience and counsel well into the future. I am looking forward to many more years of collaboration with Mike and Carl as they take the reins in so many areas of the company.”
An attorney, McCurdy joined Brookline Bancorp in 2011 as general counsel and chief risk officer. He joined Brookline Bancorp following four years as executive vice president, director of retail banking, general counsel and corporate secretary for Danvers Bancorp. McCurdy also served for six years as CEO of BankMalden.
Carlson has served as chief financial and strategy officer for Brookline Bancorp since April 2014. He joined the company after having served in multiple finance roles for Webster Financial, where he worked from 2007 to 2014. From 1986 until 2007, Carlson worked for North Fork Bancorporation and held multiple positions, including senior vice president of strategic planning and corporate development.
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