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Enterprise Bancorp Inc (EBTC.OQ)

EBTC.OQ on NASDAQ Stock Exchange Global Select Market

29.00USD
18 Oct 2019
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Summary

Name Age Since Current Position

George Duncan

78 2014 Executive Chairman of the Board

Richard Main

71 2009 President, Director

John Clancy

61 2007 Chief Executive Officer of the Company and the Bank, Director

James Marcotte

61 Executive Vice President, Chief Financial Officer, Treasurer of the Company and the Bank

Marlene Hoyt

64 2016 Executive Vice President and Construction Lending Director of the Bank

Brian Bullock

61 Executive Vice President and Chief Commercial Lending Officer of the Bank

Brian Collins

42 2017 Executive Vice President, Director of Operations of the Bank

Susan Covey

57 2016 Executive Vice President and Branch Administration Director of the Bank

Ryan Dunn

44 2017 Executive Vice President and Regional Commercial Lending Manager of the Bank

Jamie Gabriel

41 2017 Executive Vice President and Chief Human Resources Officer of the Bank

Michael Gallagher

55 2015 Executive Vice President and Chief Risk Officer of the Bank

Stephen Irish

64 2017 Executive Vice President, Managing Director Wealth Management and Chief Operating Officer of the Bank

Steven Larochelle

55 Executive Vice President and Chief Banking Officer of the Bank

Peter Rayno

58 2015 Executive Vice President and New Hampshire Community Banking and Lending Director of the Bank

Diane Silva

61 2011 Executive Vice President and Chief Mortgage and Consumer Lending Officer of the Bank

Keith Soucie

61 2019 Executive Vice President and Chief Information Officer of the Bank

Chester Szablak

61 2017 Executive Vice President and Chief Sales, Community and Customer Relationship Officer of the Bank

Kenneth Ansin

54 2017 Director

Normand Deschene

64 2011 Director

Gino Baroni

62 2010 Independent Director

John Clementi

69 1998 Independent Director

James Conway

66 1989 Independent Director

Carole Cowan

76 1999 Independent Director

John Grady

71 2013 Independent Director

Mary King

65 2014 Independent Director

John Koutsos

58 2014 Independent Director

Joseph Lerner

44 2016 Independent Director

Shelagh Mahoney

53 2017 Independent Director

Jacqueline Moloney

65 2010 Independent Director

Luis Pedroso

59 2014 Independent Director

Michael Putziger

73 2014 Independent Director

Carol Reid

71 2006 Independent Director

Biographies

Name Description

George Duncan

Mr. George L. Duncan serves as a Executive Chairman of the Board of Enterprise Bancorp Inc., and Enterprise Bank and Trust Company (the Bank). Mr. Duncan’s fifty plus years of experience with financial institutions and commercial lending provides the Board with expansive knowledge relating to credit risk, loan portfolio management and bank management in varying market conditions. Mr. Duncan’s role as Executive Chairman and past Chief Executive Officer of the Company, along with his past tenure as chief executive officer of an earlier Greater Lowell-based independent commercial bank prior to his founding of the Bank and leadership positions at many local, community non-profit organizations, also provide valuable industry specific and local community experience, market knowledge and contacts.

Richard Main

Mr. Richard W. Main serves as a President, Director of Enterprise Bancorp Inc., and President of Enterprise Bank and Trust Company (the Bank). Mr. Main’s depth of knowledge relating to the management of the Company’s commercial lending function and the significance of various changes in the market conditions affecting borrowers and their businesses provide invaluable insight to the Board’s oversight and management of the Company’s credit risk and operations. Mr. Main’s knowledge of banking operations and his past tenure as president, chief operating officer and director of an earlier Greater Lowell-based independent commercial bank prior to joining the Bank also provides valuable industry specific and local community experience and contacts.

John Clancy

Mr. John P. Clancy Jr. serves as a Chief Executive Officer, Director of Enterprise Bancorp Inc., and Chief Executive Officer of Enterprise Bank and Trust Company (the Bank). Mr. Clancy’s bank-related experience in finance, investment, strategy, management, risk oversight, banking regulations and operations provides invaluable insight to the Board’s oversight of operations and its strategic planning function. His prior experience serving as Chief Financial Officer, Chief Investment Officer and Chief Operating Officer of the Company and the Bank provides a skill set that is extremely valuable within the context of the Board’s decision-making process. Mr. Clancy’s past tenure as Chief Financial Officer of an earlier Greater Lowell-based independent commercial bank prior to joining the Bank also provides valuable industry specific and local community experience and contacts.

James Marcotte

Mr. James A. Marcotte is no longer Executive Vice President, Chief Financial Officer, Treasurer of Enterprise Bancorp, Inc., and Enterprise Bank and Trust Company (the Bank)., effective October 7, 2019. Prior to January 1, 2005, Senior Vice President and Chief Financial Officer of Enterprise Bancorp and the Bank; prior to May 2003, Senior Vice President and Chief Financial Officer of the DeWolfe Companies, Inc.

Marlene Hoyt

Mr. Marlene P. Hoyt is Executive Vice President and Construction Lending Director of the Bank , subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Construction Lending Director of the Bank; prior to March 2016, Senior Vice President and Construction Lending Manager of the Bank.

Brian Bullock

Mr. Brian H. Bullock serves as a Executive Vice President and Chief Commercial Lending Officer of Enterprise Bank and Trust Company (the Bank), subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Commercial Lending Officer of the Bank; prior to April 2009, Senior Vice President and Chief Commercial Lender of the Bank.

Brian Collins

Mr. Brian M. Collins is Executive Vice President, Director of Operations of the Bank., subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Director of Operations of the Bank; prior to March 2017, Senior Vice President and Director of Operations; prior to March 2014, Senior Vice President, eBanking & Payment Services Director; prior to March 2011, Vice President and Senior Customer Services Manager.

Susan Covey

Mr. Susan Covey is Executive Vice President and Branch Administration Director of the Bank ,subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Branch Administration Director of the Bank; prior to March 2016, Senior Vice President and Branch Administration Director.

Ryan Dunn

Mr. Ryan C. Dunn is Executive Vice President and Regional Commercial Lending Manager of the Bank ,subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Regional Commercial Lending Director of the Bank; prior to March 2017, Senior Vice President and Regional Commercial Lending Manager; prior to March 2009, Vice President and Senior Commercial Lending Officer.

Jamie Gabriel

Mr. Jamie L. Gabriel is Executive Vice President and Chief Human Resources Officer of the Bank , subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Human Resources Officer of the Bank; prior to March 2017, Senior Vice President and Chief Human Resources Officer; prior to March 2014, Senior Vice President, Human Resources Director; prior to December 2011, Vice President and Senior Human Resources Manager.

Michael Gallagher

Mr. Michael J. Gallagher is Executive Vice President and Chief Risk Officer of the Bank , subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Risk Officer of the Bank; prior to March 2015, Senior Vice President and Chief Risk Officer of the Bank; prior to March 2014, Senior Vice President and Risk Management Director.

Stephen Irish

Mr. Stephen J. Irish serves as an Executive Vice President, Managing Director Wealth Management and Chief Operating Officer of the Bank, subsidiary of Enterprise Bancorp, Inc. Executive Vice President, Managing Director Wealth Management and Chief Operating Officer of the Bank; prior to May 2017, Executive Vice President and Chief Operating Officer of the Bank; prior to April 2009, Executive Vice President and Chief Information Officer of the Bank.

Steven Larochelle

Mr. Steven R. Larochelle serves as an Executive Vice President and Chief Banking Officer of Enterprise Bank and Trust Company (the Bank), subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Banking Officer of the Bank; prior to April 2009, Senior Vice President and Chief Commercial Real Estate Lender of the Bank.

Peter Rayno

Mr. Peter J. Rayno is Executive Vice President and New Hampshire Community Banking and Lending Director of the Bank , subsidiary of Enterprise Bancorp, Inc. Executive Vice President and New Hampshire Community Banking and Lending Director of the Bank; prior to March 2015, Senior Vice President and Regional Commercial Lending Manager of the Bank.

Diane Silva

Ms. Diane J. Silva serves as Executive Vice President and Chief Mortgage and Consumer Lending Officer of the Bank), subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Mortgage and Consumer Lending Officer of the Bank; prior to March 2011, Senior Vice President and Mortgage Lending Director of the Bank.

Keith Soucie

Mr. Keith N. Soucie is Executive Vice President and Chief Information Officer of the Bank, subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Information Officer of the Bank; prior to March 2019, Senior Vice President and Chief Information Officer; prior to January 2016, Senior Vice President and Information Services Director; prior to March 2011, Senior Vice President and Operations and Technology Manager.

Chester Szablak

Mr. Chester J. Szablak Jr. serves as an Executive Vice President and Chief Sales, Community and Customer Relationship Officer of the Bank, subsidiary of Enterprise Bancorp, Inc. Executive Vice President and Chief Sales, Community and Customer Relationship Officer of the Bank; prior to March 2017, Executive Vice President and Chief Sales and Marketing Officer of the Bank; prior to March 2009, Senior Vice President and Chief Sales and Marketing Officer of the Bank.

Kenneth Ansin

Mr. Kenneth S. Ansin serves as Director of Enterprise Bancorp Inc. Mr. Ansin has served President of Ansin Consulting Group, a boutique advisory firm that partners with non-profit and socially responsible businesses from various market sectors; prior to July 2017, Senior Vice President, Regional Community Banking Director of the Bank; prior to August 2007, owner and President of Norwood Fine Cabinetry, a privately held company specializing in kitchen and bath cabinetry; prior to 2007, Co-founder of United Site Services Inc., today a $1 billion construction-related company. Mr. Ansin’s skills as an entrepreneur, prior bank director and business owner of various companies and his knowledge of micro finance add value to the Board as they closely match the characteristics and typical financing needs of many of the Company’s commercial customers. Mr. Ansin’s knowledge of and community involvement in Nashoba Valley Massachusetts, North Central Massachusetts and Lexington, Massachusetts provides valuable market knowledge and contacts within the Bank’s market areas.

Normand Deschene

Mr. Normand E. Deschene serves as Director of Enterprise Bancorp Inc. He is Former Chief Executive Officer of Wellforce; prior to 2019, Chief Executive Officer of Wellforce, an integrated health care company serving as the parent of Circle Health, Tufts Medical Center and Hallmark Health; prior to January 2017, President and Chief Executive Officer of Wellforce and Chief Executive Officer of Circle Health and Lowell General Hospital, an independent, not-for-profit hospital serving the Greater Lowell area in Massachusetts. Mr. Deschene’s 41 years of management experience in health care management, including the management of over 12,000 employees, provides him with a depth of skills relating to operational efficiencies, new technologies, business development, marketing, personnel and strategic planning. These skills, along with his deep local and regional community and industry involvement, facilitate Board discussions and the Board’s decision-making process.

Gino Baroni

Mr. Gino J. Baroni serves as an Independent Director of Enterprise Bancorp Inc. He is Owner and Managing Principal, Trident Project Advisors and Development Group, project advisors to public and private entities in capital improvement projects and real estate development. Owner of commercial, residential and tax-credit projects. Mr. Baroni’s depth of experience in project management, construction management and real estate development, including his experience as an executive officer within large companies and his familiarity with finance, risk management, contract negotiations and internal controls, provides an enhanced level of expertise and depth of experience to the Board in multiple strategic areas, such as commercial and construction lending, geographic expansion and business development. Mr. Baroni also adds value to the Board by bringing local knowledge to the Board through his service on various civic boards representing several communities that are served by the Bank.

John Clementi

Mr. John R. Clementi serves as an Independent Director of Enterprise Bancorp Inc. He is Chief Executive Officer, Longview Development, LLC, a real estate holding, development and management company; prior to October 2010, President of Plastican, Inc., a privately held manufacturer of plastic pails and covers. Mr. Clementi’s prior experience as president and owner of a privately owned national company employing approximately 900 individuals and operating within the Company’s market area with manufacturing facilities in Massachusetts, Georgia, Texas and Arizona, together with his prior training as an attorney, his familiarity with wealth management principles, his knowledge of the medical and manufacturing industries and his leadership positions held at various community non-profit organizations, enable Mr. Clementi to contribute extensively in multiple aspects of the Board’s oversight and planning functions.

James Conway

Mr. James F. Conway, III, serves as an Independent Director of Enterprise Bancorp Inc. He is Former Executive Vice President of RR Donnelley; prior to December 2016, Executive Vice President of RR Donnelley, a publicly held integrated communication service company providing print, digital and supply chain solutions. Since May 2015, Vice Chairman and Lead Director of the Company and the Bank; prior to June 2015, President, Chief Executive Officer and Chairman, Courier Corporation, a publicly held company specializing in the publishing, printing and sale of books. With over 21 years of experience as the chairman and chief executive officer of a growing publicly traded company that employed approximately 1,500 individuals, Mr. Conway’s financial expertise, SEC reporting experience and knowledge of the public markets add great depth to the Board’s understanding of current market trends, governance standards, capital funding, and management of risk. Mr. Conway possesses the qualifications necessary to be designated an “audit committee financial expert” under applicable SEC rules.

Carole Cowan

Dr. Carole A. Cowan serves as an Independent Director of Enterprise Bancorp Inc. She is Former community college President; prior to March 2015, President, Middlesex Community College, the largest community college in Massachusetts. Dr. Cowan’s position as President of a local community college employing over 1,000 individuals, her knowledge of the local markets and her administrative experience, particularly in planning for and responding to rapid changes in personnel and technology, add value to the Board’s decision making process in many key operational areas.

John Grady

Mr. John T. Grady Jr. serves as an Independent Director of Enterprise Bancorp, Inc. He is Senior Advisor, Moelis & Company, a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors; prior to November 2016 director of Bank of Cape Cod and its publicly traded holding company, New England Bancorp, Inc. Mr. Grady’s experience in financial services in senior positions across investment management, private wealth management and banking, his leadership positions held at various community non-profit organizations, as well as his long-term connections within the New England business community add value to the Company’s wealth management, decision-making and strategic planning processes. Mr. Grady’s deep knowledge of the financial services industry and experience serving on boards of financial institutions provides him with insights into the challenges and opportunities that are faced by community banks.

Mary King

Ms. Mary Jane King serves as an Independent Director of Enterprise Bancorp Inc. He is President, Conway Management Company, a private consulting company that helps Fortune 500 and mid-size companies improve quality and productivity, decrease costs and increase customer satisfaction by educating leaders in Business Process Improvement. Ms. King’s experience with business leadership, process improvement, strategic planning, financial analysis and auditing, her leadership involvement in the community, as well as her knowledge of the Greater Nashua community will both add value to the Board and provide enhanced community relations as we expand in our Southern New Hampshire markets. Ms. King’s experience strengthens the Board’s oversight of internal controls, operational processes and strategic planning and provides additional familiarity with the Southern New Hampshire markets that we serve.

John Koutsos

Mr. John A. Koutsos serves as an Independent Director of Enterprise Bancorp, Inc. He is President, Alec’s Shoe Store, Inc., a privately held retail store since 1988. Since May 2018, Secretary of the Company and the Bank. From October 2007 to December 2012, Director of Nashua Bank, a local community bank. Mr. Koutsos’s experience as a retail business owner brings additional insight and personal perspective in the commercial banking field, and his experience as a past bank director provides relevant experience and knowledge relating to banking strategies, regulatory requirements, asset management, lending practices and sound banking practices. Additionally, his commitment to superior customer service, his deep involvement in community and civic organizations, and his familiarity with the Southern New Hampshire market complement and expand the Board’s marketing, sales, business development, operations, and strategic planning functions.

Joseph Lerner

Mr. Joseph C. Lerner is Independent Director of Enterprise Bancorp, Inc. He is Managing Partner of 819 Energy, LLC, a renewable energy investment firm; prior to October 2016, Co-Founder and Managing Partner of Cycle Power Partners, an energy company investing in operating power and energy infrastructure assets; prior to December 2013, Co-Founder and Managing Director of 819 Capital, LLC. Mr. Lerner’s depth of knowledge with financing, commercial real estate and construction, and investment in energy infrastructure assets, combined with his experience as a business owner and manager, provides him a set of analytical, investment and business skills that will support the Board with its decision making and oversight responsibilities. Mr. Lerner is committed to the community through his involvement with multiple nonprofit organizations.

Shelagh Mahoney

Ms. Shelagh E. Mahoney serves as an Independent Director of the company. She is Owner and Chief Executive Officer, Eastern Salt Company, Inc., including the subsidiaries of: Atlantic Salt, Inc., Eastern Minerals, Inc., Flagship Package Products, LLC, Granite State Minerals, Inc., Oceanport LLC and Rock Chapel Marine LLC, all of which are road salt import, temporary storage and distribution companies serving the East Coast of the United States. Ms. Mahoney’s experience with owning and managing a large distribution company, along with over 30 years of experience in the salt industry, involvement in international distribution and trade, financial analysis, complex borrowings negotiations and experience serving on other boards, provides experience in lending covenants and compliance, financial controls, accounting, leadership, economic analysis, strategic planning and complex negotiations. Additionally, her deep commitment to supporting the local nonprofit community and her familiarity with the Greater Lowell area align with the culture of the Bank and enhance the Board’s oversight and decision making process relating to business development, operations and strategic planning.

Jacqueline Moloney

Dr. Jacqueline F. Moloney serves as an Independent Director of Enterprise Bancorp Inc. since June 2016 Director of MKS Instruments, Inc., Chancellor, University of Massachusetts - Lowell, the third largest state educational institution in Massachusetts; since June 2016 Director of MKS Instruments, Inc., a technology solutions provider; prior to August 2015, Executive Vice Chancellor, University of Massachusetts - Lowell. Dr. Moloney’s experience with leadership, budgeting, strategic planning, marketing, education, technology and innovation adds value to the operating committees of the Board and enhances the Board’s overall understanding of the Bank’s operating environment and internal control structure. Dr. Moloney has served on numerous civic boards throughout the Merrimack Valley and provides valuable knowledge and insight to the Board on emerging industries and business trends within the Bank’s market area, as well as local developments affecting the Greater Lowell community.

Luis Pedroso

Mr. Luis M. Pedroso serves as an Independent Director of Enterprise Bancorp Inc. Since 2003, he is Since 2003, Co-Founder, President and Chief Executive Officer of Accutronics, Inc., a privately held electronic contract manufacturing facility. Since May 2018, Assistant Secretary of the Company and the Bank. Mr. Pedroso’s experience as a business owner of a manufacturing facility provides him with a unique understanding of business operations, finances, employment matters, strategic planning and leadership development. The philanthropic efforts of Mr. Pedroso, his commitment and involvement in community and civic organizations, his familiarity with the Greater Lowell region, and his active participation in the mentoring and development of young leaders strengthen the Board’s commitment to customer service, strategic planning, financial knowledge, leadership development and operations at the Company.

Michael Putziger

Mr. Michael T. Putziger Esq. serves as a Director of Enterprise Bancorp Inc. Since 2009, Chairman of WinnCompanies, a private real estate company that develops, acquires and manages multi-family and mixed income properties nationwide; prior to January 2016, Partner and Of Counsel to Murtha Cullina, LLP, a law firm that provides legal services to businesses, government units, non-profit organizations and individuals. Mr. Putziger’s legal experience and familiarity with commercial real estate development, financial institutions, banking industry trends and public markets provide value to all aspects of the Board’s decision-making process. Mr. Putziger’s service as chairman of a publicly traded, multi-bank holding company and as a director of a publicly traded thrift holding company and its subsidiary federal savings bank also provides him with substantial experience in the banking and thrift industries and with respect to relevant industry activities and challenges. This experience has been of value to the Board in, among other areas, its oversight of the Company’s wealth management services and its consideration of various capital raising alternatives for the Company. Mr. Putziger possesses the qualifications necessary to be designated an “audit committee financial expert” under applicable SEC rules.

Carol Reid

Ms. Carol L. Reid serves as an Independent Director of Enterprise Bancorp Inc. She is Former Financial Executive; prior to September 2005, Vice President, Corporate Controller and Chief Accounting Officer of Avid Technology, Inc., a publicly held company specializing in digital media creation tools for film, audio, animation, games and broadcast. Ms. Reid’s past role as a corporate controller of an international public company benefits the Board in its oversight of the Company’s risk management program, internal control structure and financial reporting process. Ms. Reid possesses the qualifications necessary to be designated an “audit committee financial expert” under applicable SEC rules, and she has been designated as such for purposes of her membership on the Audit Committee.