People: Meridian Interstate Bancorp Inc (EBSB.O)

EBSB.O on Nasdaq

24.83USD
17 Apr 2014
Price Change (% chg)

$-0.16 (-0.64%)
Prev Close
$24.99
Open
$24.99
Day's High
$25.14
Day's Low
$24.64
Volume
12,724
Avg. Vol
39,444
52-wk High
$28.22
52-wk Low
$17.50

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Summary

Name Age Since Current Position

Richard Gavegnano

65 2014 Chairman of the Board, President, Chief Executive Officer

Mark Abbate

57 2010 CFO, Senior Vice President, Treasurer of Meridian Interstate Bancorp and East Boston Savings Bank

John Carroll

47 2014 Chief Operating Officer

John Migliozzi

55 Executive Vice President of East Boston Savings Bank

Vincent Basile

73 Corporate Secretary, Lead Independent Director

Thomas Gunning

59 2010 Director

Edward Lynch

71 1997 Director

Edward Merritt

53 2010 Director

James Sartori

69 1991 Director

Marilyn Censullo

55 2007 Independent Director

Anna DiMaria

67 2004 Independent Director

Richard Fernandez

70 2008 Independent Director

Domenic Gambardella

66 1994 Independent Director

Carl LaGreca

67 2009 Independent Director

Gregory Natalucci

67 2002 Independent Director

Biographies

Name Description

Richard Gavegnano

Mr. Richard J. Gavegnano is Chairman of the Board, President, 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 39 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.

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 Carroll

Mr. John A. Carroll is Chief Operating Officer of the Company. Mr. Carroll joined the Bank in 2012, serving as Chief Information Officer. Previously, he served as Senior Vice President, Operations & Technology for nearly eight years at DanversBank, now People’s United Bank.

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., since 2002. He has been a Corporator of Meridian Financial Services since 1977. He is a 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 best 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.

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.

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 37 years specializing in real estate closings. His experience as a lawyer assists the Board in analyzing and addressing the legal requirements of the Company and its subsidiaries, including any litigation matters.

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.

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, in 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.

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 20 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. 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.

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 27 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 35 years.
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