Jennifer Porter Joins Eastern Bank as Senior Vice President of Total Rewards & HR Operations

March 15, 2018

Eastern Bank, America’s oldest and largest mutual bank, today 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.

“Being a workplace where our people feel supported by the organization, professionally and in their overall well-being, is core to our philosophy as an employer, and our Total Rewards and HR Operations programs strongly shape our integrated approach of caring for our colleagues,” said Bob Rivers, Chair and CEO of Eastern Bank. “We are pleased to welcome Jennifer Porter to our organization and HR leadership team, particularly as we celebrate the advancement of women in our advocacy and corporate philanthropy in 2018.”

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. She has served on Client Advisory Boards for Mercer Marketplace, Fidelity and Scudder, and earned her bachelor’s degree in Psychology and Business Administration from the University of New Hampshire.

“We also thank Ed Saras for his valuable contributions over the past 14+ years and his leadership and commitment to our people and our businesses,” said Nancy Stager, Chief HR Officer of Eastern Bank. “Ed has created a strong foundation for our future. He was the architect of nearly all of our incentive plans; spearheaded our efforts on the Employee Hub—combining many disparate systems into one integrated solution and creating important systems enhancements; and led efforts to design and implement a comprehensive job structure to support career development and compensation decisioning. Ed will continue to assist us on a part-time basis on projects related to Eastern’s short-term incentive compensation plans, until his retirement planned for later this year.”

Eastern offers a comprehensive rewards package to all employees to ensure they have the support both at and away from work, contributing to the Bank being named for the 10th year in a row in 2017 as one of the “Top Places to Work” in Massachusetts by The Boston Globe.

About Eastern Bank

Founded in 1818 and celebrating its 200th anniversary in 2018, Boston-based Eastern Bank is America’s oldest and largest mutual bank, with $11 billion in assets and over 120 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire and Rhode Island. Eastern provides exceptional access to fairly priced banking, investment and insurance products and services for consumers and businesses of all sizes. Eastern Bank, which includes Eastern Wealth Management and Eastern Insurance, is known for its outspoken advocacy and community support that has exceeded more than $110 million in charitable giving since 1999. An inclusive company, Eastern employs 1,900+ deeply committed professionals who value relationships with their customers, colleagues and communities. Join us for good at and follow Eastern on Facebook, LinkedIn, Twitter and Instagram.

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