People: Salisbury Bancorp Inc (SAL.PH)
SAL.PH on Philadelphia Stock Exchange
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Michael Varet |
70 | 2010 | Independent Chairman of the Board |
Richard Cantele |
53 | 2013 | President, Chief Executive Officer, Chief Accounting Officer, Director |
Donald White |
48 | 2013 | Chief Financial Officer, Executive Vice President |
David Farrell |
56 | 2012 | Director |
Louis Allyn |
64 | 2004 | Independent Director |
Arthur Bassin |
67 | 2010 | Independent Director |
Louise Brown |
68 | 1998 | Independent Director |
Robert Drucker |
70 | 2004 | Independent Director |
Nancy Humphreys |
70 | 2001 | Independent Director |
Holly Nelson |
58 | 1998 | Independent Director |
John Perotti |
65 | 2009 | Independent Director |
Biographies
| Name | Description |
|---|---|
Michael Varet |
Mr. Michael A. Varet is Independent Chairman of the Board of Salisbury Bancorp Inc. He has been a director of the Bank since 1997. Mr. Varet graduated with a B.S. in Economics from the University of Pennsylvania, Wharton School in 1962 and from Yale Law School with an LL.B. in 1965. Mr. Varet was elected Chairman of the Board in 2010 before which Mr. Varet had served as Presiding Director since 2007. Mr. Varet is a Senior Counsel to the law firm of DLA Piper LLP (US), New York, NY. |
Richard Cantele |
Mr. Richard J. Cantele, Jr., is President, Chief Executive Officer, Chief Accounting Officer, Director of Salisbury Bancorp Inc. He has been appointed as Interim Chief Financial Officer and Chief Accounting Officer of the company, effective March 1, 2013. Mr. Cantele previously served as interim Chief Financial Officer of Salisbury and the Bank from July 2009 through September 2009. Mr. Cantele has been a Director of Salisbury and the Bank since 2005. Mr. Cantele graduated from Fairfield University in 1981 with a Bachelor of Science degree in Finance; and graduated from the Stonier Graduate School of Banking in 1997. Mr. Cantele became President and Chief Executive Officer of Salisbury and the Bank in 2009, prior to which he served as President and Chief Operating Officer of Salisbury and the Bank since 2005. Mr. Cantele has been an executive officer of Salisbury since 2001 and the Bank since 1989. |
Donald White |
Mr. Donald E. White has been appointed as Chief Financial Officer, Executive Vice President of Salisbury Bancorp, Inc. Prior to this appointment, Mr. White served as a Managing Director of Sandler O'Neill + Partners L.P., a full-service investment banking firm and broker-dealer focused on the financial services sector, headquartered in New York, NY. In addition, he brings prior experience as an executive and financial officer with two other Connecticut based depository institutions. In such prior positions, Mr. White was responsible for accounting and financial oversight, regulatory reporting, investment portfolio management, liquidity and interest rate risk management. He is a graduate of the University of Connecticut, Storrs, CT with a Master of Business Administration and a Bachelor of Science in Finance. He also holds a Certificate of Primary Studies from the Institute of Financial Education, Chicago, IL. |
David Farrell |
Mr. David B. Farrell has been appointed as Director of Salisbury Bancorp, Inc., with effect from June 29, 2012. Mr. Farrell is the CEO of NAPPI International, an organization dedicated to providing superior behavioral safety training through customized consulting and support, and is also CEO and Founder of Farrell & Company, LLC, a management consulting firm devoted to strategy and restructuring. Mr. Farrell graduated from St. Bonaventure University, NY, cum laude, in 1977 with a Bachelor of Science degree in Business and Accounting. Mr. Farrell previously served as President and Chief Executive Officer and member of the board of directors of Bob’s Stores (1999-2008), a retail company headquartered in Meriden, CT (a subsidiary of the TJX Companies), and also previously served as an officer and a director of Berkshire Hills Bancorp (2005-2009), a bank holding company headquartered in Pittsfield, MA. |
Louis Allyn |
Mr. Louis E. Allyn, II, is Independent Director of Salisbury Bancorp Inc., since 2004. Mr. Allyn is a 1972 graduate of the University of Connecticut School of Business and has been President and General Manager of Allyndale Corporation, Canaan, CT since 1990. Allyndale Corporation mines and processes limestone into a variety of agricultural and lawn and garden products that are distributed throughout southern New England and New York state. Mr. Allyn has served as a member of the Board of Finance for the Town of North Canaan and is currently serving as its Chair. |
Arthur Bassin |
Mr. Arthur J. Bassin is Independent Director of Salisbury Bancorp Inc. Mr. Bassin has spent 25 years in consumer, commercial and mortgage banking at Citibank (1969-1983) and Dime Savings Bank of New York (1983-1992), followed by 10 years in private equity, most recently as President and CEO of TVData Technologies (1994-2001). He earned his MBA from Harvard Business School in 1969 and his AB from Harvard College in 1965. Mr. Bassin has served as a Director on several boards and currently serves on the Boards of Cricket Hill Farm, Inc. and Cricket Hill Academy, Inc. Mr. Bassin previously served on the Board of Amputee Coalition of America. Mr. Bassin also serves on the Ancram Town Board and the Columbia County Board of Supervisors. |
Louise Brown |
Mrs. Louise F. Brown is Independent Director of Salisbury Bancorp Inc., since 1998. She has been a director of the Bank since 1992. Mrs. Brown graduated from Harvard cum laude in 1965 with a B.A.; Columbia Teachers College in 1966 with an M.A.; and cum laude from Boston University School of Law in 1972. She is a partner in the Sharon, CT office of the law firm of Ackerly Brown, LLP. |
Robert Drucker |
Mr. Robert S. Drucker is Independent Director of Salisbury Bancorp Inc., since 2004. Mr. Drucker studied Accounting at Pace College and has been in the retail business for more than 45 years. He is presently proprietor of Barrington Outfitters, Great Barrington, MA and former proprietor of Bob’s Clothing and Shoes, Canaan, CT. Mr. Drucker was a former Director of Canaan National Bank for approximately 10 years prior to its acquisition by Salisbury in 2004. |
Nancy Humphreys |
Mrs. Nancy F. Humphreys is Independent Director of Salisbury Bancorp Inc., 2001. Mrs. Humphreys graduated from Chatham College in 1963 and from Syracuse University, Maxwell Graduate School in 1965. Mrs. Humphreys retired from Citigroup New York, Citibank, in February of 2000 as Managing Director and Treasurer of Global Corporate Investment Bank North America. |
Holly Nelson |
Ms. Holly J. Nelson is Independent Director of Salisbury Bancorp Inc. Ms. Nelson graduated from Cornell University with a B.A. in 1979. Ms. Nelson is a member of Iceland Adventure, LLC, a tour operator, Sales and Marketing Director for Iceland Tours and Travel, and is a member in Oblong Property Management, LLC, Millerton, NY. Ms. Nelson has been involved in a variety of public government positions in the Town of North East, New York. |
John Perotti |
Mr. John F. Perotti is Independent Director of Salisbury Bancorp Inc. He has been a director of the Bank since 1985. Mr. Perotti attended University of Connecticut at Storrs; graduated from Hartford Institute of Accounting in 1972; and graduated from Williams College New England School of Banking and Bank Management. During 2009, he retired as Chairman and Chief Executive Officer of Salisbury and the Bank, in which capacity he had served since 2005. Prior to that, he served as President and Chief Executive Officer of Salisbury and the Bank, Executive Vice President and Chief Operating Officer of the Bank and Vice President and Treasurer of the Bank. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Michael Varet |
-- |
Richard Cantele |
298,722 |
Donald White |
-- |
David Farrell |
-- |
Louis Allyn |
-- |
Arthur Bassin |
-- |
Louise Brown |
-- |
Robert Drucker |
-- |
Nancy Humphreys |
-- |
Holly Nelson |
-- |
John Perotti |
174,793 |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Michael Varet |
0 | 0 |
Richard Cantele |
0 | 0 |
Donald White |
0 | 0 |
David Farrell |
0 | 0 |
Louis Allyn |
0 | 0 |
Arthur Bassin |
0 | 0 |
Louise Brown |
0 | 0 |
Robert Drucker |
0 | 0 |
Nancy Humphreys |
0 | 0 |
Holly Nelson |
0 | 0 |
John Perotti |
1,710 | 2,349 |
| Name | Shares Traded | Price |
|---|---|---|
CANTELE RICHARD J JR |
5,000 | $24.98 |
BASSIN ARTHUR J |
500 | $24.97 |
BASSIN ARTHUR J |
500 | $24.96 |
BASSIN ARTHUR J |
500 | $24.98 |
BASSIN ARTHUR J |
500 | $24.97 |
BASSIN ARTHUR J |
500 | $24.97 |
BASSIN ARTHUR J |
500 | $24.96 |
BASSIN ARTHUR J |
500 | $24.98 |
BASSIN ARTHUR J |
500 | $24.98 |
BASSIN ARTHUR J |
200 | $24.75 |
BASSIN ARTHUR J |
82 | $24.50 |
BASSIN ARTHUR J |
200 | $25.00 |
BASSIN ARTHUR J |
309 | $23.75 |
MCMAHON B IAN |
200 | $25.00 |
ALLYN LOUIS E II |
120 | $25.00 |
HUMPHREYS NANCY F |
120 | $25.00 |
PEROTTI JOHN FRANICS |
120 | $25.00 |
DRUCKER ROBERT S |
120 | $25.00 |
BROWN LOUISE F |
120 | $25.00 |
NELSON HOLLY JOAN |
120 | $25.00 |
VARET MICHAEL A |
120 | $25.00 |
BASSIN ARTHUR J |
120 | $25.00 |
BASSIN ARTHUR J |
1,000 | $23.25 |
BASSIN ARTHUR J |
1,000 | $23.27 |
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