People: Meridian Interstate Bancorp Inc (EBSB.O)

EBSB.O on Nasdaq

18.11USD
17 May 2013
Price Change (% chg)

$0.04 (+0.22%)
Prev Close
$18.07
Open
$18.05
Day's High
$18.28
Day's Low
$18.04
Volume
19,610
Avg. Vol
24,080
52-wk High
$21.75
52-wk Low
$12.91

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Summary

Name Age Since Current Position

Richard Gavegnano

 64 2009 Chairman of the Board, Chief Executive Officer

Deborah Jackson

 54 2009 President, Chief Operating Officer of the Company and East Boston Savings Bank

Mark Abbate

 56 2010 CFO, Senior Vice President, Treasurer of Meridian Interstate Bancorp and East Boston Savings Bank

John Migliozzi

 54 Executive Vice President of East Boston Savings Bank

Vincent Basile

 72 Corporate Secretary, Lead Independent Director

Edward Lynch

 70 1997 Director

Edward Merritt

 51 2010 Director

Marilyn Censullo

 54 2007 Independent Director

Anna DiMaria

 66 2004 Independent Director

Richard Fernandez

 69 2008 Independent Director

Domenic Gambardella

 65 1994 Independent Director

Thomas Gunning

 58 2010 Independent Director

Carl LaGreca

 66 2009 Independent Director

Gregory Natalucci

 66 2002 Independent Director

James Sartori

 68 1991 Independent Director
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Biographies

Name Description

Richard Gavegnano

 Mr. Richard J. Gavegnano is Chairman of the Board, Chief Executive Officer of Meridian Interstate Bancorp, Inc. He was in the investment business for 37 years with national New York Stock Exchange member firms, and retired in 2006 ending his career as a Vice President with A.G. Edwards & Sons, Inc. He has been associated with East Boston Savings Bank for 38 years serving as corporator, trustee and director. Mr. Gavegnano has served as Chairman of the Board of East Boston Savings Bank, Meridian Interstate Bancorp, Inc. and Meridian Financial Services since 2003, 2006 and 2003, respectively. In 2007, Mr. Gavegnano was appointed Chief Executive Officer of Meridian Interstate Bancorp, Inc. and Meridian Financial Services and Investor Relations Officer of Meridian Interstate Bancorp, Inc. Mr. Gavegnano has served as Chairman of the Board of Hampshire First Bank since 2006.

Deborah Jackson

 Ms. Deborah J. Jackson is President, Chief Operating Officer of Meridian Interstate Bancorp Inc and East Boston Savings Bank, a subsidiary of the company since March 2009. Previously, Ms. Jackson was Chief Financial Officer for Hingham Institution for Savings for 14 years.

Mark Abbate

 Mr. Mark L. Abbate, CPA, is Senior Vice President, Treasurer and Chief Financial Officer of Meridian Interstate Bancorp, Inc. and East Boston Savings Bank, a subsidiary of the company since January 2010. From December 2007 through July 2009, Mr. Abbate was Executive Vice President and Chief Financial Officer of Service Bancorp, Inc. and Strata Bank of Franklin, Massachusetts. From March 2006 through December 2007, Mr. Abbate was a consultant based in Boston providing project consulting leadership to financial institutions in need of finance, accounting and risk management support.

John Migliozzi

 Mr. John Migliozzi is Executive Vice President of East Boston Savings Bank, a subsidiary of Meridian Interstate Bancorp Inc. He joined the Company in 1998. Mr. Migliozzi began his career with the Company as a Commercial Lender.

Vincent Basile

 Mr. Vincent D. Basile is Corporate Secretary, Lead Independent Director of Meridian Interstate Bancorp Inc. He is self-employed management consultant who has published articles on management leadership in national journals and has served as Clerk of Meridian Financial Services and East Boston Savings Bank since 2007 and has served as the Corporate Secretary of the Company since its formation. Mr. Basile’s knowledge of management practices, corporate governance matters and his contacts with local community leaders, politicians and municipalities gives him insights into the Company’s challenges and opportunities in its lending area and in assessing and securing the location of branches and offices. Previously, Mr. Basile was a Regional Administrator in the Massachusetts Office of the Commissioner of Probation, and served as the Chairman of the Board of Omega Marketing, formerly an East Boston-based manufacturer of high performance life jackets. Mr. Basile is also a retired Lt. Colonel in the U.S. Army Reserve.

Edward Lynch

 Mr. Edward L. Lynch is Director of Meridian Interstate Bancorp Inc since 2001. He has been an Attorney at Law, Sole Practitioner, for the past 36 years specializing in real estate closings. Since 2006, Mr. Lynch has also served as a director of Hampshire First Bank. Mr. Lynch’s experience as a director of Hampshire First provides the Board with insight on the operations of Hampshire First and the market area served by Hampshire First.

Edward Merritt

 Mr. Edward J. Merritt is Director of Meridian Interstate Bancorp Inc since 2010. He serves as President of the Mt. Washington Division of East Boston Savings Bank and became a Board member as a result of the Company’s acquisition of Mt. Washington Cooperative Bank. Previously, Mr. Merritt served as the President and Chief Executive Officer and a director of Mt. Washington Cooperative Bank for over 11 years. Mr. Merritt’s direct experience in managing the operations and employees of Mt. Washington provides the Board of Directors with insight into the operations of Mt. Washington and assists the Board with the integration of Mt. Washington into the Company’s operations.

Marilyn Censullo

 Ms. Marilyn A. Censullo is Independent Director of Meridian Interstate Bancorp Inc since 2007. She is a Certified Public Accountant, has been a partner in the accounting firm of Naffah & Company, P.C. since 2000, and has over 30 years of experience as an accountant.

Anna DiMaria

 Ms. Anna R. DiMaria has served as Independent Director of Meridian Interstate Bancorp Inc since 2006. She has been an Attorney at Law with the Law Offices of Michael A. D’Avolio for the past 19 years. Ms. DiMaria’s background as an attorney provides the Board of Directors with a unique perspective in addressing the legal requirements of the Company and its subsidiaries.

Richard Fernandez

 Mr. Richard F. Fernandez is Independent Director of Meridian Interstate Bancorp Inc since 2008. He has been Chief Financial Officer at Stoughton Recycling Technologies, LLC since 2010 and has been a merger and acquisition/banking consultant since 2006. He is also a director of Hampshire First Bank. Mr. Fernandez was a Commercial Lending Regional Manager for Sovereign Bank from 2000 to 2006. Mr. Fernandez has 40 years commercial lending experience at several institutions, including Sovereign Bank, US Trust Company, and Shawmut Bank.

Domenic Gambardella

 Mr. Domenic A. Gambardella is Independent Director of Meridian Interstate Bancorp Inc since 1995. He was the former owner and President of Meridian Insurance Agency Inc., an insurance agency, and was the owner of a financial services firm focused on small businesses.

Thomas Gunning

 Mr. Thomas J. Gunning is Independent Director of Meridian Interstate Bancorp Inc since 2010. He is Executive Director of Building Trades Employers Association, a multi-trade organization that represents over 250 contractors affiliated with 11 different building trade unions. Mr. Gunning’s experience in legislative matters, labor relations and contract negotiations brings the Board of Directors the perspective of someone who is familiar with all facets of labor matters. Mr. Gunning served a director of Mt. Washington Cooperative Bank since 2008 and became a director of the Company as result of the Company’s acquisition of Mt. Washington Bank in January 2010.

Carl LaGreca

 Mr. Carl A. LaGreca is Independent Director of Meridian Interstate Bancorp Inc. He is a Certified Public Accountant. He is the President of Forman, Itzkowitz, Berenson & LaGreca, PC, an accounting firm in Waltham, Massachusetts, where he has been employed for 26 years.

Gregory Natalucci

 Mr. Gregory F. Natalucci is Independent Director of Meridian Interstate Bancorp Inc since 2002. He is an auditor with CNA Financial Corporation, a commercial and property-casualty insurer. Mr. Natalucci has practiced in this field for over 34 years.

James Sartori

 Mr. James G. Sartori is Independent Director of Meridian Interstate Bancorp Inc. He retired as Treasurer of Bandwagon, Inc., an importer and distributor company, on April 1, 2011. Mr. Sartori’s experience as Treasurer for over 37 years provides the Board with the perspective of someone experienced in financial and accounting issues.

Insider Trading

Name Shares Traded Price

LAGRECA CARL A

 692 $18.30

LAGRECA CARL A

 300 $18.28

LAGRECA CARL A

 8 $18.30

LAGRECA CARL A

 1,000 $18.27

ABBATE MARK L

 1,000 $0.00

DIMARIA ANNA R

 1,000 $0.00

GAVEGNANO RICHARD J

 3,500 $0.00

GAMBARDELLA DOMENIC A

 2,500 $0.00

BASILE VINCENT D

 2,500 $0.00

JACKSON DEBORAH J

 1,000 $0.00

GUNNING THOMAS J

 1,000 $0.00

LAGRECA CARL A

 1,500 $0.00

CENSULLO MARILYN A

 1,500 $0.00

FERNANDEZ RICHARD F

 2,500 $0.00

NATALUCCI GREGORY F

 1,500 $0.00

LYNCH EDWARD L

 1,000 $0.00

MERRITT EDWARD J

 1,000 $0.00

SARTORI JAMES G

 2,500 $0.00

BASILE VINCENT D

 1,000 $18.77

MERRITT EDWARD J

 1,793 $18.40

SARTORI JAMES G

 100 $17.35

SARTORI JAMES G

 100 $17.35

SARTORI JAMES G

 300 $17.33

BASILE VINCENT D

 3,367 $16.93

BASILE VINCENT D

 6,000 $9.50
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