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Berkshire Bank appoints new president

Nov 27, 2018 2:20 pm
Tony Dobrowolski is reporting for The Berkshire Eagle Berkshire Bank announced November 26, the resignation of its president and CEO, Michael P. Daly. Daly also stepped down from his role as director of Berkshire Hills Bancorp, the bank's holding company, as well. Berkshire Bank President Richard M. Marotta has been named CEO and president of the company, and CEO of the bank, and appointed to the board of directors. The changes are effective immediately. The release sent out by the bank did not include the reasons why Daly decided to step down. Daly joined the bank in 1986. He is widely credited with growing Berkshire Bank to its present status as the largest regional bank headquartered in Massachusetts. The bank currently operates 115 full-service branches in six states, including locations in Chatham, East Greenbush, Hudson and New Lebanon. Berkshire Bank has $12 billion in assets. Read the full story in The Berkshire Eagle.