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Merchants Bancshares Inc (MBVT.OQ)

MBVT.OQ on NASDAQ Stock Exchange Global Select Market

32.23USD
26 Sep 2016
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Summary

Name Age Since Current Position

Jeffrey Davis

62 2015 Independent Chairman of the Board

Geoffrey Hesslink

50 2016 President, Chief Executive Officer, Director of the Company and the Bank

Eric Segal

58 2016 Interim Chief Financial Officer, Interim Chief Accounting Officer, Interim Treasurer

Marie Thresher

48 2015 Chief Operating Officer, Executive Vice President of Merchants Bank

Michael Cataldo

2015 Senior Vice President, Director - Operations

Jacqueline Dragon

51 2013 Senior Vice President - Human Resources of the Bank

Donald Chase

66 2015 Director

Joseph Larkin

2016 Director

Scott Boardman

55 2008 Independent Director

Janette Bombardier

56 2013 Independent Director

Karen Danaher

59 2010 Independent Director

Michael Furlong

64 1991 Independent Director

Lorilee Lawton

67 2003 Independent Director

Jodi Bachand

2014 IR Contact Officer

Biographies

Name Description

Jeffrey Davis

Mr. Jeffrey L. Davis is Independent Chairman of the Board of Merchants Bancshares, Inc. He has served as a member of our Board and the board of Merchants Bank since 1993, and has served as Chairman of our Board of Directors since February 2015. He is President of J. L. Davis, Inc., a construction and development firm, President of The Champlain Valley Exposition and President of Taft Corners Associates, a development firm. He is also a trustee emeritus of the University of Vermont in Burlington, Vermont, and a former president of the Vermont Special Olympics.

Geoffrey Hesslink

Mr. Geoffrey R. Hesslink has been appointed as President, Chief Executive Officer, Director of the Company and the Bank., effective January 1, 2016. Mr. Hesslink has served as President and CEO of the Bank since January 1, 2015. Mr. Hesslink graduated cum laude, with a bachelor's degree in business administration-finance from the University of Vermont in 1987 and completed a management training program at Manufacturers Hanover Trust Company in 1989. Mr. Hesslink joined Merchants Bank in 1995 as a Corporate Banking Officer. He was appointed Senior Vice President and Senior Lender in 2006, and Chief Operating Officer in 2013. He became the Bank's President and CEO on January 1, 2015.

Eric Segal

Mr. Eric A. Segal has been Interim Chief Financial Officer, Interim Chief Accounting Officer, Interim Treasurer of Merchants Bancshares, Inc. interim Treasurer of the Company and the Bank. These interim officer appointments will take effect on January 15, 2016. Mr. Segal has served as head of CFO Consulting Partners’ Banking and Financial Institutions practice since 2008 and was promoted to Managing Director in 2011. His work with CFO Consulting Partners has included serving as the interim chief financial officer of a publicly-traded financial institution and providing regulatory guidance and managing Securities and Exchange Commission periodic reporting for financial institution clients. Prior to joining CFO Consulting Partners, Mr. Segal held numerous positions in the financial services industry, including serving as the Senior Vice President and Chief Financial Officer of Spencer Savings Bank, FSB and as Vice President and Chief Financial Officer of Ameriprise Bank, FSB.

Marie Thresher

Ms. Marie Thresher is Chief Operating Officer, Executive Vice President of Merchants Bank of Merchants Bank , a subsidiary of Merchants Bancshares, Inc., effective January 1, 2015. Ms. Thresher joined the Company in December 2013 and currently serves as the Chief Operating Officer, responsible for operations, information technology and risk management. Prior to this role Ms. Thresher served as Senior Vice President and Chief Risk Officer. Ms. Thresher brings over 20 years of experience in financial services and risk management at regional and national financial institutions. Prior to joining Merchants Bank, she was the Senior Vice President and Chief Auditor for People’s United Bank (acquired Chittenden Corporation). She began her banking career at Fleet Financial Group (now Bank of America) holding various positions, including Vice President of Retail Delivery and Consumer/Small Business Lending, Audit in 1999. Ms. Thresher holds a Bachelor of Science degree in Finance, from Central Connecticut University.

Michael Cataldo

Mr. Michael J. Cataldo is Senior Vice President, Director - Operations of the Company. Cataldo's experience includes over 30 years within the financial services industry, specializing in Bank Operations. He most recently worked for Webster Bank where he was responsible for operating and managing back office operations for the $17 billion bank. He attended Sacred Heart University and is a graduate of Penn State's executive management program.

Jacqueline Dragon

Ms. Jacqueline Dragon is Senior Vice President - Human Resources of Merchants Bank, a subsidiary of Merchants Bancshares, Inc., with effect from August 14, 2013. Ms. Dragon has served as Senior Vice President and Director of Human Resources since June 2013. She has over 25 years of human resources management and organizational development experience. Prior to joining Merchants Bank, she operated her own independent consulting business.

Donald Chase

Mr. Donald R. Chase has been appointed as Director of Merchants Bancshares, Inc. Mr. Chase has served as Chairman of NUVO’s Board of Directors since 2008, and is the former President, Chief Executive Officer and a director of Westbank Corporation.

Joseph Larkin

Scott Boardman

Mr. Scott F. Boardman is Independent Director of Merchants Bancshares, Inc since 2008. He was elected to our Board in 2008. He has been a member of the Board of Directors of Merchants Bank since 2004. Mr. Boardman is the President of Hickok & Boardman, Inc., a retail insurance agency in Burlington, Vermont. He serves on the boards of A.N. Deringer, Inc., the Lake Mansfield Trout Club, and PC Construction Company. Mr. Boardman is a former trustee of Trinity College in Burlington, Vermont, and is a former board member and past president of the Vermont Insurance Agents Association. He is also past president of the Vermont chapter of the Casualty & Property Insurance Underwriters Society.

Janette Bombardier

Ms. Janette K. Bombardier is Independent Director of Merchants Bancshares, Inc. She has served as a member of our Board, and the Board of Directors of Merchants Bank, since February 2013. She is the IBM Microelectronics Director of Site Operations, Photomask Development and Operations, as well as Senior Location Executive for the IBM Vermont facility. She is a licensed Professional Engineer in the State of Vermont. During her career with IBM she has held a variety of positions including construction management, manufacturing engineering, product development and quality, as well as positions in cost reduction and continuous improvement.

Karen Danaher

Ms. Karen J. Danaher is Independent Director of Merchants Bancshares, Inc since 2010. She was elected to our Board of Directors in 2010 and has served as a director of Merchants Bank since 2008. She is a partner of Danaher Attig & Plante PLC, a public accounting firm located in South Burlington, Vermont. Ms. Danaher is a certified public accountant and brings accounting and finance experience, business management experience, industry knowledge, customer-based experience, crisis and risk management experience and leadership experience to the Board.was elected to our Board of Directors in 2010 and has served as a director of Merchants Bank since 2008. She is a partner of Danaher Attig & Plante PLC, a public accounting firm located in South Burlington, Vermont. Ms. Danaher is a certified public accountant and brings accounting and finance experience, business management experience, industry knowledge, customer-based experience, crisis and risk management experience and leadership experience to the Board.

Michael Furlong

Mr. Michael G. Furlong is Independent Director of Merchants Bancshares, Inc since 1991. Mr. Furlong has served as a member of our Board and the board of Merchants Bank since 1991. Mr. Furlong has served as Chairman of Merchants Bank’s Board of Directors since 2001. He is a member of the Burlington, Vermont law firm of Sheehey Furlong & Behm P.C., and is a former President of the Chittenden County Bar Association. He is an emeritus director of Wake Robin Corporation and has served on the boards of several Vermont nonprofit organizations. Mr. Furlong is a graduate of Middlebury College and Cornell Law School.

Lorilee Lawton

Ms. Lorilee A. Lawton is Independent Director of Merchants Bancshares, Inc since 2003. Ms. Lawton has been a member of our Board since 2003 and has served as a director of Merchants Bank since 1995. Ms. Lawton is the owner and President of Firetech Sprinkler Corporation, a contractor specializing in the design, fabrication and installation of fire sprinkler systems, located in Colchester, Vermont. She also serves as a director of Vermont Public Television.

Jodi Bachand