Eastern elects new Board members at 2016 Annual Meeting

February 13, 2017

Eastern Bank Corporation elects new Board members at 198th Annual Meeting

Vice Chairman & Chief Banking Officer Quincy L. Miller elected as Trustee; Bank adds eight distinguished leaders as it continues to diversify governing body

BOSTON, March 16, 2016 – Eastern Bank, the largest community bank headquartered in Massachusetts and the nation’s oldest and largest mutual bank, announced today several additions to its governing body, including the election of Eastern Bank Vice Chairman and Chief Banking Officer Quincy L. Miller, to its Board of Trustees.

Miller, who joined Eastern this month, is expected to succeed Robert F. Rivers as President of Eastern Bank next year.  Rivers will become Eastern’s Chairman and CEO on January 1, 2017, replacing Richard E. Holbrook, who announced his retirement earlier this year.

“We believe that our Board and our senior leadership must encompass the broadest and most diverse perspective possible in order to more effectively compete, ” said Rivers, who last July testified at the Massachusetts State House in favor of a resolution encouraging more equitable gender representation on the boards of companies in Massachusetts. “We’re proud to add eight talented professionals from a variety of backgrounds to our Board.”

The new Corporators and Trustees were elected at the Annual Meeting of Eastern Bank Corporation held on March 8, 2016 at the John F. Kennedy Presidential Library and Museum.

The following individuals were named Trustees of Eastern Bank Corporation:

• Vanessa Calderón-Rosado, Ph.D., CEO, Inquilinos Boricuas en Acción (IBA);
• Alberto Calvo, President, Stop and Compare Markets; 
• Catherine D’Amato, President and CEO, The Greater Boston Food Bank; 
• Quincy L. Miller, Vice Chairman and Chief Banking Officer, Eastern Bank;

The following individuals were named Corporators of Eastern Bank Corporation:

• Paul G. Alexander, Executive Vice President, Chief Marketing and Communications Officer, Eastern Bank;
• Jessica Andors, Executive Director, Lawrence CommunityWorks; 
• Magnolia Contreras, Director of Community Benefits, Dana-Farber Cancer Institute; 
• Raul Medina, Regional Account Manager, Granite Telecommunications.

Eastern Bank Corporation, the holding company of Eastern Bank, is governed by a group of individuals, known as the Board of Corporators, who act in the best interests of the corporation. Their duties and responsibilities are specified by state law and the Bylaws of the corporation. Members of the Board of Trustees and members of the Board of Directors of Eastern Bank are also Corporators of the holding company.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the oldest and largest mutual bank in the United States, with $9.6 billion in assets and nearly 100 branches serving communities in eastern Massachusetts and southern and coastal New Hampshire. Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way.  Eastern Bank, which includes Eastern Bank Wealth Management and Eastern Insurance, is a recognized leader in corporate social responsibility and for its advocacy on behalf of a number of social justice causes.

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