People: Independent Bank Corp (INDB.O)
INDB.O on Nasdaq
33.15USD
24 May 2013
33.15USD
24 May 2013
Price Change (% chg)
$0.36 (+1.10%)
$0.36 (+1.10%)
Prev Close
$32.79
$32.79
Open
$32.69
$32.69
Day's High
$33.19
$33.19
Day's Low
$32.58
$32.58
Volume
40,733
40,733
Avg. Vol
50,142
50,142
52-wk High
$33.46
$33.46
52-wk Low
$25.85
$25.85
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Donna Abelli |
55 | 2012 | Chairman of the Board of Rockland Trust and the Company |
Christopher Oddleifson |
54 | 2003 | President, Chief Executive Officer of the Company and Rockland Trust, Director |
Denis Sheahan |
48 | 2000 | Chief Financial Officer of the Company and Rockland Trust |
Edward Seksay |
55 | 2000 | General Counsel of the Company and Rockland Trust |
Raymond Fuerschbach |
62 | 1994 | Senior Vice President and Director - Human Resources of Rockland Trust |
Edward Jankowski |
62 | 2012 | Director of Residential Lending of Rockland Trust |
Jane Lundquist |
59 | 2012 | Executive Vice President, Director of Retail Banking, Business Banking, and Home Equity Lending of Rockland Trust |
Gerard Nadeau |
54 | 2007 | Executive Vice President - Commercial Lending of Rockland Trust |
Richard Anderson |
71 | 1992 | Independent Director |
William Bissonnette |
67 | 2009 | Independent Director |
Benjamin Gilmore |
65 | 1992 | Independent Director |
Kevin Jones |
62 | 2000 | Independent Director |
Eileen Miskell |
55 | 2005 | Independent Director |
John Morrissey |
46 | 2012 | Independent Director |
Daniel O'Brien |
57 | 2009 | Independent Director |
Carl Ribeiro |
66 | 2008 | Independent Director |
Richard Sgarzi |
70 | 1994 | Independent Director |
John Spurr |
66 | 2000 | Independent Director |
Robert Sullivan |
71 | 2000 | Independent Director |
Brian Tedeschi |
63 | 1991 | Independent Director |
Thomas Venables |
58 | 2009 | Independent Director |
Linda Campion |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Donna Abelli |
Ms. Donna A. Abelli, CPA, is Chairman of the Board of Rockland Trust and Independent Bank Corp. Ms. Abelli has served on an interim basis as the Chief Financial Officer of publicly-traded companies and various private companies; as the Chief Financial Officer of a publicly-traded company, and, from 1998 to 1999, was the President of the Massachusetts Society of CPAs. Ms. Abelli also served as the Director of Administration of South Shore Stars, Inc., a non-profit early education and youth development organization until early January 2013. The Board or the nominating committee has determined that Ms. Abelli is qualified to serve as a director based upon her prior service as a director of the Company and of Rockland Trust, her mature business judgment, her inquisitive and objective perspective, her familiarity with the communities that Rockland Trust serves, her prior service as a chief financial officer of publicly-traded companies, and her designation as a certified public accountant. |
Christopher Oddleifson |
Mr. Christopher Oddleifson is President and Chief Executive Officer of Rockland Trust and Independent Bank Corp. He serves as Director of Independent Bank Corp. From 1998 to 2002 Mr. Oddleifson was President of First Union Home Equity Bank, a national banking subsidiary of First Union Corporation in Charlotte, North Carolina. Until its acquisition by First Union, Mr. Oddleifson was the Executive Vice President, responsible for Consumer Banking, for Signet Bank in Richmond, Virginia. He has also worked as a management consultant for Booz, Allen and Hamilton in Atlanta, Georgia. Mr. Oddleifson has served as a director of Rockland Trust and the Company since 2003. The Board or the nominating committee has determined that Mr. Oddleifson is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, and his familiarity with the communities that Rockland Trust serves. |
Denis Sheahan |
Mr. Denis K. Sheahan is Chief Financial Officer of Independent Bank Corp., and Rockland Trust. From July 1996 to May 2000, Mr. Sheahan was Senior Vice President and Controller of the Company and Rockland Trust. Prior thereto, Mr. Sheahan served as Vice President of Finance of BayBanks, Inc., Boston, Massachusetts. |
Edward Seksay |
Mr. Edward H. Seksay is General Counsel of Independent Bank Corp., and of Rockland Trust. Mr. Seksay is a graduate of Suffolk University Law School, where he was Editor-In-Chief of the Law Review. Prior to joining the Company and Rockland Trust, Mr. Seksay was with the Boston, Massachusetts law firm Choate, Hall & Stewart from 1984 to 1991 and with the Boston, Massachusetts law firm Heller, Levin & Seksay, P.C. from 1991 to 2000. |
Raymond Fuerschbach |
Mr. Raymond G. Fuerschbach is Senior Vice President and Director of Human Resources of Rockland Trust of Independent Bank Corp. Prior thereto, Mr. Fuerschbach had been Vice President and Human Resource Officer of Rockland Trust since November 1992. From January 1991 to October 1992, Mr. Fuerschbach served as Director of Human Resources for Cliftex Corp., New Bedford, Massachusetts, a tailored clothing manufacturer, and served in the same capacity for Chesebrough-Ponds, Inc., Health-Tex Division, Cumberland, Rhode Island from 1987 to 1991. |
Edward Jankowski |
Mr. Edward F. Jankowski is Director of Residential Lending of Rockland Trust of Independent Bank Corp. From October 2003 to November 2004, Mr. Jankowski was Chief Risk Officer of the Company and of Rockland Trust. From November 2000 to October 2003, Mr. Jankowski was Chief Internal Auditor of the Company and Rockland Trust. Prior thereto, Mr. Jankowski served as Senior Vice President of North Shore Bank, Peabody, Massachusetts from 1995 to 2000. From 1985 to 1994, Mr. Jankowski was Senior Vice President of Multibank Service Corp., a subsidiary of Multibank Financial Corp., Dedham, Massachusetts. |
Jane Lundquist |
Ms. Jane L. Lundquist is Executive Vice President, Director of Retail Banking, Business Banking, and Home Equity Lending of Rockland Trust of Independent Bank Corp. Prior to joining Rockland Trust Ms. Lundquist served as the President and Chief Operating Officer of Cambridgeport Bank in Cambridge, Massachusetts, and also as President of its holding company, Port Financial Corp. |
Gerard Nadeau |
Mr. Gerard F. Nadeau is Executive Vice President, Commercial Lending Division of Rockland Trust of Independent Bank Corp. Mr. Nadeau has worked at Rockland Trust in a variety of capacities since 1984, most recently serving as a Senior Vice President in the Commercial Lending Division from 1992 until 2007. |
Richard Anderson |
Mr. Richard S. Anderson is Independent Director of Independent Bank Corp. Mr. Anderson has, for at least the last five years, been the President and Treasurer of Anderson-Cushing Insurance Agency, Inc., an insurance broker in Middleborough, Massachusetts. Mr. Anderson has served as a director of Rockland Trust and the Company since 1992. Mr. Anderson was previously appointed a director of Middleborough Trust Company in 1980 and served as director of that bank until 1992, when it was merged with and into Rockland Trust. The Board or the nominating committee has determined that Mr. Anderson is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, and his prior service as a director of another bank. |
William Bissonnette |
Mr. William P. Bissonnette is Independent Director of Independent Bank Corp. Mr. Bissonnette is a retired certified public accountant. Mr. Bissonnette has, for at least a part of the last five years, been a partner in the firm of Little & Bissonnette, CPAs located in Holliston, Massachusetts. Mr. Bissonnette has served as a director of Rockland Trust and the Company since 2009. Mr. Bissonnette previously served as a director and Chair of the compensation committee of Benjamin Franklin Bancorp, Inc. and its wholly-owned subsidiary Benjamin Franklin Bank until 2009, when Benjamin Franklin Bancorp, Inc. was merged with and into the Company. The Board or the nominating committee has determined that Mr. Bissonnette is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, his prior service as a director of another bank, and his designation as a certified public accountant. |
Benjamin Gilmore |
Mr. Benjamin A. Gilmore, II, is Independent Director of Independent Bank Corp. Mr. Gilmore is a licensed professional engineer and for at least the last five years has been the President of Gilmore Cranberry Co., Inc., a cranberry grower in South Carver, Massachusetts. Mr. Gilmore is also an engineering consultant and a Quittacas Company LLC partner. Mr. Gilmore served as a Director of Ocean Spray from 1989 to 2003, and was the Ocean Spray Board Chairman from 2002 to 2003. Mr. Gilmore has served as a director of Rockland Trust and the Company since 1992. Mr. Gilmore was previously appointed a director of Middleborough Trust Company in 1989 and served as director of that bank until 1992, when it was merged with and into Rockland Trust. |
Kevin Jones |
Mr. Kevin J. Jones is Independent Director of Independent Bank Corp. Mr. Jones has, for at least the last five years, been the Treasurer of Plumbers' Supply Company, a wholesale plumbing supply company, in Fall River, Massachusetts. Mr. Jones has served as a director of Rockland Trust since 1997 and as a director of the Company since 2000. Mr. Jones was previously appointed a director of Middleborough Trust Company in 1990 and served as director of that bank until 1992, when it was merged with and into Rockland Trust. The Board or the nominating committee has determined that Mr. Jones is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, and his prior service as a director of another bank. |
Eileen Miskell |
Ms. Eileen C. Miskell, CPA, is Independent Director of Independent Bank Corp. Ms. Miskell is a certified public accountant and for at least the last five years has been the Treasurer of The Wood Lumber Company, a lumber company based in Falmouth, Massachusetts. Ms. Miskell has served as a director of Rockland Trust and the Company since 2005. Ms. Miskell was previously appointed a director of Falmouth Bancorp, Inc., the holding company of Falmouth Bank, which was merged with and into the Company in 2004. Ms. Miskell, while a Falmouth Bancorp Director, served as the chair of its audit committee. The Board or the nominating committee has determined that Ms. Miskell is qualified to serve as a director based upon her prior service as a director of the Company and of Rockland Trust, her mature business judgment, her inquisitive and objective perspective, her familiarity with the communities that Rockland Trust serves, her prior service as a director of another bank, and her designation as a certified public accountant. |
John Morrissey |
Mr. John J. Morrissey is Independent Director of Independent Bank Corp. Mr. Morrissey is a practicing attorney and is a founding partner of the Braintree, Massachusetts law firm Morrissey, Wilson, Zafiropoulos LLP, a boutique law firm practicing in the areas of litigation, bankruptcy and creditors' rights, and real estate. Mr. Morrissey has been a practicing attorney for at least the last five years. Mr. Morrissey currently serves as a member of the Massachusetts Board of Bar Overseer's Hearing Committee which investigates complaints of attorney misconduct and makes recommendations for discipline to the Supreme Judicial Court. Mr. Morrissey is Chairman of the Massachusetts Bar Association's Judicial Administration Section Council and serves on the Workplace Safety Task Force. Mr. Morrissey is a Life Fellow of the Massachusetts Bar Foundation, the charitable arm of the Massachusetts Bar Association, and serves as a member of the Grant Advisory Committee. |
Daniel O'Brien |
Mr. Daniel F. O'Brien, CPA, is Independent Director of Independent Bank Corp. Mr. O'Brien is a certified public accountant and, for at least the last five years, has been owner and president of O'Brien, Riley and Ryan, a CPA firm located in Braintree, Massachusetts. Mr. O'Brien is also the manager of State Street Wealthcare Advisors, LLC, a financial services company. Mr. O'Brien is also a practicing attorney. Mr. O'Brien has served as a director of Rockland Trust and the Company since 2009. Mr. O'Brien previously served as a director and member of the audit committee of Benjamin Franklin Bancorp, Inc. and its wholly-owned subsidiary Benjamin Franklin Bank until 2009, when Benjamin Franklin Bancorp, Inc. was merged with and into the Company. Mr. O'Brien also previously served as a director of Chart Bank until it was merged with and into Benjamin Franklin Bank, and served as chair of the Chart Bank audit committee. The Board or the nominating committee has determined that Mr. O'Brien is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, his prior service as a director of other banks, and his designation as a certified public accountant. |
Carl Ribeiro |
Mr. Carl Ribeiro is Independent Director of Independent Bank Corp. Mr. Ribeiro, for at least the last five years, has been the owner and President of Carlson Southcoast Corporation, a holding company for several food industry businesses based in New Bedford, Massachusetts. Mr. Ribeiro is also the Chairman of Famous Foods, an internet food distributor based in New Bedford, Massachusetts. Mr. Ribeiro has served as a director of Rockland Trust and the Company since 2008. Mr. Ribeiro was previously appointed a director of Slades Bank in 2005 and served as director of that bank and as the chair of its audit committee until 2008, when it was merged with and into Rockland Trust. Mr. Ribeiro also previously served as a director of Seacoast Financial Services Corporation and its wholly-owned subsidiary Compass Bank until 2004, and as the chair of its audit committee. |
Richard Sgarzi |
Mr. Richard H. Sgarzi is Independent Director of Independent Bank Corp. Mr. Sgarzi is a retired cranberry grower. Mr. Sgarzi has been, for part of the past five years, the President and Treasurer of Black Cat Cranberry Corp., a cranberry grower in Plymouth, Massachusetts. Mr. Sgarzi has served as a director of Rockland Trust since 1980 and as a director of the Company since 1994. The Board or the nominating committee has determined that Mr. Sgarzi is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, and his familiarity with the communities that Rockland Trust serves. |
John Spurr |
Mr. John H. Spurr, Jr., is Independent Director of Independent Bank Corp. Mr. Spurr, for at least the last five years, has been the President of A.W. Perry, Inc., a real estate investment company in Boston, Massachusetts, and its wholly-owned subsidiary A.W. Perry Security Corporation. Mr. Spurr has served as a director of Rockland Trust since 1985 and as a director of the Company since 2000. The Board or the nominating committee has determined that Mr. Spurr is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, and his familiarity with the communities that Rockland Trust serves. |
Robert Sullivan |
Mr. Robert D. Sullivan is Independent Director of Independent Bank Corp. Mr. Sullivan has, for at least the last five years, been the President of Sullivan Tire Co, Inc., a retail and commercial tire and automotive repair service with locations throughout Massachusetts, Maine, New Hampshire, Connecticut and Rhode Island. Mr. Sullivan has served as a director of Rockland Trust since 1979 and as a director of the Company since 2000. The Board or the nominating committee has determined that Mr. Sullivan is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, and his familiarity with the communities that Rockland Trust serves. |
Brian Tedeschi |
Mr. Brian S. Tedeschi is Independent Director of Independent Bank Corp. Mr. Tedeschi is a retired real estate developer and, for at least the last five years, has been a Director of Tedeschi Food Shops, Inc. Mr. Tedeschi has also been, for part of the last five years, the Chairman of the Board of Tedeschi Realty Corporation, a real estate development company in Rockland, Massachusetts. Mr. Tedeschi has served as a director of Rockland Trust since 1980 and as a director of the Company since 1991. The Board or the nominating committee has determined that Mr. Tedeschi is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, and his familiarity with the communities that Rockland Trust serves. |
Thomas Venables |
Mr. Thomas R. Venables is Independent Director of Independent Bank Corp. Mr. Venables served as the President and CEO and as a director of Benjamin Franklin Bancorp, Inc. and its wholly-owned subsidiary Benjamin Franklin Bank from 2002 until 2009, when Benjamin Franklin Bancorp, Inc. was merged with and into the Company. Prior to 2002, Mr. Venables co-founded Lighthouse Bank of Waltham, Massachusetts in 1999 and served as its President and CEO and as a director. From 1998 to 1999, Mr. Venables was employed as a banking consultant with Marsh and McLennan Capital, Inc. He was employed by Grove Bank of Newton, Massachusetts from 1974 until it was acquired by Citizens Bank in 1997, serving as its President and CEO and as a director for the last 11 years of his tenure. Mr. Venables also serves as a director and President of the Rockland Trust Charitable Foundation, formerly known as the Benjamin Franklin Bank Charitable Foundation, an entity which is not affiliated with the Company or Rockland |
Linda Campion |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Donna Abelli |
-- |
Christopher Oddleifson |
2,008,660 |
Denis Sheahan |
898,202 |
Edward Seksay |
669,653 |
Raymond Fuerschbach |
169,129 |
Edward Jankowski |
702,734 |
Jane Lundquist |
713,012 |
Gerard Nadeau |
913,719 |
Richard Anderson |
-- |
William Bissonnette |
-- |
Benjamin Gilmore |
-- |
Kevin Jones |
-- |
Eileen Miskell |
-- |
John Morrissey |
-- |
Daniel O'Brien |
-- |
Carl Ribeiro |
-- |
Richard Sgarzi |
-- |
John Spurr |
-- |
Robert Sullivan |
-- |
Brian Tedeschi |
-- |
Thomas Venables |
-- |
Linda Campion |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Donna Abelli |
0 | 0 |
Christopher Oddleifson |
179,650 | 459,800 |
Denis Sheahan |
85,425 | 433,376 |
Edward Seksay |
39,925 | 126,310 |
Raymond Fuerschbach |
55,575 | 717,072 |
Edward Jankowski |
6,150 | 33,825 |
Jane Lundquist |
19,324 | 194,705 |
Gerard Nadeau |
4,375 | 24,981 |
Richard Anderson |
0 | 0 |
William Bissonnette |
0 | 0 |
Benjamin Gilmore |
0 | 0 |
Kevin Jones |
0 | 0 |
Eileen Miskell |
0 | 0 |
John Morrissey |
0 | 0 |
Daniel O'Brien |
0 | 0 |
Carl Ribeiro |
0 | 0 |
Richard Sgarzi |
0 | 0 |
John Spurr |
0 | 0 |
Robert Sullivan |
0 | 0 |
Brian Tedeschi |
0 | 0 |
Thomas Venables |
0 | 0 |
Linda Campion |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
JANKOWSKI EDWARD F |
4,235 | $32.53 |
O BRIEN DANIEL F |
1,050 | $0.00 |
JANKOWSKI EDWARD F |
424 | $33.17 |
GILMORE BENJAMIN A II |
1,050 | $0.00 |
ODDLEIFSON CHRISTOPHER |
1,999 | $33.17 |
SHEAHAN DENIS K |
787 | $33.17 |
MORRISSEY JOHN J |
1,050 | $0.00 |
ABELLI-LOPOLITO DONNA L |
1,050 | $0.00 |
TEDESCHI BRIAN S |
1,050 | $0.00 |
SPURR JOHN H JR |
1,050 | $0.00 |
ANDERSON RICHARD S |
1,050 | $0.00 |
VENABLES THOMAS R |
11,500 | $33.08 |
JONES KEVIN J |
1,050 | $0.00 |
SGARZI RICHARD H |
1,050 | $0.00 |
SULLIVAN ROBERT D |
1,050 | $0.00 |
BISSONNETTE WILLIAM P |
1,050 | $0.00 |
FUERSCHBACH RAYMOND G |
424 | $33.17 |
VENABLES THOMAS R |
1,050 | $33.17 |
RIBEIRO CARL |
1,050 | $33.17 |
SEKSAY EDWARD H |
424 | $33.17 |
LUNDQUIST JANE L |
787 | $33.17 |
MISKELL EILEEN C |
1,050 | $33.17 |
MISKELL EILEEN C |
1,130 | $33.17 |
VENABLES THOMAS R |
10,000 | $33.18 |
GILMORE BENJAMIN A II |
1,000 | $20.33 |

