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Independent Bank Corp (INDB.OQ)

INDB.OQ on NASDAQ Stock Exchange Global Select Market

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22 Nov 2017
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Summary

Name Age Since Current Position

Christopher Oddleifson

58 2003 President, Chief Executive Officer of the Company and Rockland Trust, Director

Gerard Nadeau

58 2017 President of the Company and Rockland Trust, Director

Robert Cozzone

46 2013 Chief Financial Officer, Treasurer of the Company and Rockland Trust

Russ Daniel

2017 Executive Vice President - Operations and Digital Banking

Patrick Ervin

2017 Executive Vice President - Mortgage Banking

Edward Seksay

59 2000 General Counsel of the Company and Rockland Trust

Maria Harris

46 2017 Director of Human Resource of Rockland Trust

Raymond Fuerschbach

66 1994 Senior Vice President and Director - Human Resources of Rockland Trust

Barry Jensen

52 2013 Chief Information Officer of the Company and Rockland Trust

Michael Cok

2017 Director

Michael Hogan

2017 Director

John Morrissey

49 2016 Director

Donna Abelli

59 2016 Independent Director

William Bissonnette

71 2009 Independent Director

Kevin Jones

66 2000 Independent Director

Mary Lentz

63 2016 Independent Director

Eileen Miskell

59 2005 Independent Director

Daniel O'Brien

61 2009 Independent Director

Carl Ribeiro

70 2008 Independent Director

John Spurr

70 2000 Independent Director

Frederick Taw

66 2015 Independent Director

Brian Tedeschi

67 1991 Independent Director

Thomas Venables

62 2009 Independent Director

Robert Shuster

58 2015 IR Contact Officer

Biographies

Name Description

Christopher Oddleifson

Mr. Christopher Oddleifson serves as President, Chief Executive Officer of Rockland Trust and Independent Bank Corp. He was also the President of Rockland Trust from 2003 to 2017. 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. The Board and the nominating committee have determined that Mr. Oddleifson is qualified to serve as a director based upon his experience as our President and Chief Executive Officer, his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, his prior experience at another bank, and his familiarity with the communities that Rockland Trust serves.

Gerard Nadeau

Mr. Gerard F. Nadeau is President of the Company and Rockland Trust, Director of Independent Bank Corp. He previously served as the Executive Vice President, Commercial Lending of Rockland Trust since July 1, 2007. Mr. Nadeau has worked at Rockland Trust in a variety of capacities since 1984, serving as a Senior Vice President of Commercial Lending from 1992 until 2007. The Board and the nominating committee have determined that Mr. Nadeau is qualified to serve as a director based upon his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, and his commercial lending expertise.

Robert Cozzone

Mr. Robert D. Cozzone serves as Chief Financial Officer, Treasurer of Independent Bank Corp., and Rockland Trust Co., subsidiary of the Company. He has served as Chief Financial Officer and Treasurer of the Company since September 2013, and served as the Treasurer of both the Company and Rockland Trust from April 2008 to September 2013, adding to his title of Senior Vice President and Treasurer of Rockland Trust since 2002. Mr. Cozzone joined Rockland Trust in October 1998 as a Vice President and has previously held financial positions at BankBoston.

Russ Daniel

Mr. Russ Daniel is Executive Vice President - Operations and Digital Banking of the Company. Mr. Daniel joined Independent Bank over 19 years ago as a commercial lender, after nine years of commercial and retail bank management experience in both Baltimore, Maryland and West Michigan. He has a BBA from William and Mary and an MBA from Western Michigan University. He is currently Board Chair of the State of Michigan Habitat for Humanity and a Board Member of the Habitat Michigan Fund.

Patrick Ervin

Mr. Patrick Ervin is Executive Vice President - Mortgage Banking of the Company. Most recently, Mr. Ervin was the Executive Managing Director of Talmer Bank & Trust's mortgage banking operations. Mr. Ervin is a graduate of Adrian College with a Bachelor's Degree in Business Administration and Management. He has served on the Regional Lending Advisory Boards of both Fannie Mae and Freddie Mac. He has also been active in Detroit-area housing initiatives, including being a founding member of the Detroit Lender's Group, and a participant in the Marygrove Neighborhood Rehabilitation Program. Mr. Ervin also volunteers at the Whaley Children's Center in Flint, Michigan and Starr Commonwealth in Albion, Michigan.

Edward Seksay

Mr. Edward H. Seksay is General Counsel of Independent Bank Corp., and of Rockland Trust. He is also the Manager of Rockland Trust's New Markets Tax Credit Program. 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.

Maria Harris

Ms. Maria Harris is Director of Human Resource of Rockland Trust of the Company. She recently joined Rockland Trust’s Executive Leadership Team and will become the Director of Human Resources when Mr. Fuerschbach retires on May 1, 2017. The Company has classified Ms. Harris as an executive officer as of the date of this proxy statement. Ms. Harris has worked at Rockland Trust in a variety of capacities since 2003, most recently as Vice President, Director of Employment and Colleague Relations with responsibility for recruitment, employee relations, performance management, policy development, diversity and inclusion, compensation analysis, and Rockland Trust’s wellness initiative. Ms. Harris has 22 years of Human Resources experience and worked for Scudder Investments prior to joining Rockland Trust.

Raymond Fuerschbach

Mr. Raymond G. Fuerschbach is Senior Vice President and Director of Human Resources of Rockland Trust of Independent Bank Corp. He 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. Mr. Fuerschbach will retire on May 1, 2017.

Barry Jensen

Mr. Barry H. Jensen is Chief Information Officer of the Company and Rockland Trust., the subsidiary of Independent Bank Corp., He has served as Chief Information Officer of the Company and Rockland Trust since September 2013, overseeing Information Technology, Loan Operations and Business Solutions. Prior to September 2013, Mr. Jensen served as Chief Accounting Officer of Rockland Trust from April 2008 to September 2013, adding to his title of Senior Vice President and Controller of Rockland Trust, which he held since May 2000. Mr. Jensen joined Rockland Trust in March 1998, serving as the Manager of Financial Planning and Analysis and has previously held financial positions at BankBoston and BayBanks.

Michael Cok

Mr. Michael Cok serves as Director of the Company. Mr. Cok is the Chief Operating Officer – Farmers Specialty, a division of Farmers Group, Inc., which manages the insurance operations of the Farmers Insurance Group of Exchanges (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange). He also serves as Vice President of Foremost Insurance Company, Grand Rapids, Michigan and its subsidiaries, which are wholly-owned subsidiaries of the Exchanges. Farmers Group, Inc. is a wholly-owned subsidiary of the Zurich Insurance Group Ltd. family of insurance companies. Farmers Specialty provides a variety of specialty, personal lines insurance products throughout the United States. Mr. Cok is a certified public accountant and is active in a variety of charitable and civic organizations. Mr. Cok is a graduate of Calvin College with a Bachelor of Arts Degree in Economics with a concentration in Accounting.

Michael Hogan

Mr. Michael P. Hogan is Director of the Company. Mr. Hogan is the President and Chief Executive Officer of the A.D. Makepeace Company, a privately-owned company based in Wareham, Massachusetts. A.D. Makepeace Company is the world's largest cranberry grower, is the largest private property owner in eastern Massachusetts, and is also a recognized leader in environmentally responsible real estate development and stewardship. Mr. Hogan, who is also a member of the A.D. Makepeace Company board of directors, is responsible for growing the company’s Cranberry Division and serves on the Ocean Spray board of directors. Mr. Hogan also directs all aspects of the company’s real estate development, land stewardship, and other business lines. Prior to joining A.D. Makepeace Company Mr. Hogan was President of MassDevelopment, the economic development authority for the Commonwealth of Massachusetts, which provides financing and real estate solutions to support companies and nonprofits, increase housing, eliminate blight, and drive economic growth across Massachusetts. While at MassDevelopment, Mr. Hogan served as a cabinet officer for two governors. He currently serves as co-chair of the Commonwealth Housing Task Force, a diverse group of business, civic, and community leaders which, under the auspices of the Boston Foundation, is dedicated to promoting a consensus housing agenda focused on solving Massachusetts pressing housing needs. Mr. Hogan recently served as chairman of the board of directors of the Massachusetts Business Roundtable, a public policy organization comprised of Chief Executive Officers and Senior Executives from some of the state’s largest employers whose mission is to strengthen the state’s economic vitality. Mr. Hogan also serves on the Executive Board of the Associated Industries of Massachusetts and on the board of directors of the Commercial Real Estate Development Organization known as NAIOP.

John Morrissey

Mr. John J. Morrissey serves as Director of Independent Bank Corp. He is a practicing attorney and is a founding partner of the Braintree, Massachusetts law firm Morrissey, Wilson & Zafiropoulos LLP, 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 Overseers of the Supreme Judicial Court. The Board of Bar Overseers was established as an independent administrative body to investigate complaints against lawyers and act as an administrative tribunal to consider disciplinary charges brought against attorneys practicing in Massachusetts. Mr. Morrissey is Vice President of the Massachusetts Bar Association and a Member of its Executive Management Board. Mr. Morrissey is a Life Fellow of the Massachusetts Bar Foundation, the charitable arm of the Massachusetts Bar Association. Mr. Morrissey previously served as a director of Central Bancorp, Inc. and its wholly-owned subsidiary Central Co-operative Bank d/b/a Central Bank until November 2012, when Central Bancorp, Inc. was merged with and into the Company. The Board and the nominating committee have determined that Mr. Morrissey 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 Rockland Trust serves, and his prior service as a director of another bank.

Donna Abelli

Ms. Donna A. Abelli, CPA, is an Independent Director of Independent Bank Corp. She is a certified public accountant and has since 2015 been an Assistant Professor at Mount Ida College School of Business. Ms. Abelli has for a portion of the last five years also served as a Consulting Chief Financial Officer for private companies. Ms. Abelli previously served on an interim basis as the Chief Financial Officer of publicly-traded companies and various private companies, primarily in the life sciences industries, and as the Chief Financial Officer of a publicly-traded company. Ms. Abelli began her accounting career at Coopers & Lybrand (now PwC LLP) where she was named a partner and, from 1998 to 1999, was President of the Massachusetts Society of CPAs. Ms. Abelli was named Chair of the Board of Rockland Trust and the Company in 2012 and has served as a director since 2005. The Board and the nominating committee have 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.

William Bissonnette

Mr. William P. Bissonnette is an Independent Director of Independent Bank Corp. He is a retired certified public accountant. Until his retirement in 2012, Mr. Bissonnette served as a partner in the firm of Little & Bissonnette, CPAs located in Holliston, Massachusetts for decades. 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 and the nominating committee have 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.

Kevin Jones

Mr. Kevin J. Jones is an Independent Director of Independent Bank Corp. He has for at least the last five years, been the Treasurer of Plumbers' Supply Company, a wholesale plumbing supply company, in New Bedford, 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 and the nominating committee have 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.

Mary Lentz

Ms. Mary L. Lentz is an Independent Director of the Company. She has worked for the past 21 years for McCall & Almy, a Boston-based commercial real estate brokerage and advisory services firm. Ms. Lentz currently serves as an Executive Vice President and Partner of McCall & Almy. Ms. Lentz has 35 years of commercial real estate experience, including prior work as Chief Operating Officer of a publicly-traded real estate investment trust. Ms. Lentz specializes in advising healthcare, corporate, and non-profit institutions with real estate leasing, acquisition, and disposition strategies. The Board and the nominating committee have determined that Ms. Lentz 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, and her familiarity with the communities that Rockland Trust serves.

Eileen Miskell

Ms. Eileen C. Miskell, CPA, is an Independent Director of Independent Bank Corp. She 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 and the nominating committee have 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.

Daniel O'Brien

Mr. Daniel F. O'Brien, CPA, is an Independent Director of Independent Bank Corp. He 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 and the nominating committee have 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 an Independent Director of Independent Bank Corp. He 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.

John Spurr

Mr. John H. Spurr, Jr., is an Independent Director of Independent Bank Corp. He is Vice-Chair of the board of directors of A.W. Perry, Inc., a real estate investment company in Boston, Massachusetts. Mr. Spurr is also Vice-Chair of the board of directors of A.W. Perry Security Corp., a wholly-owned subsidiary of A.W. Perry, Inc. Prior to March 2017 Mr. Spurr served, for at least the last five years, as the President of A.W. Perry, Inc. 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 and the nominating committee have 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.

Frederick Taw

Mr. Frederick Taw is an Independent Director of the Company. He is the owner of the Golden Temple, a restaurant in Brookline, Massachusetts and has served as a director of Rockland Trust and the Company since 2015. Mr. Taw is an active member of the local Asian community and participant in Asian community service organizations, including South Cove Community Health Center, the premier Asian community health center of Massachusetts, with which Mr. Taw has worked closely since its inception in 1972. Mr. Taw previously served as a director of Peoples Federal Bancshares, Inc. until February 2015, when it was merged with and into the Company. The Board and the nominating committee have determined that Mr. Taw 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.

Brian Tedeschi

Mr. Brian S. Tedeschi is an Independent Director of Independent Bank Corp. He is a retired real estate developer . Until the spring of 2015 Mr. Tedeschi served as a Director of Tedeschi Food Shops, Inc. Mr. Tedeschi has served as a director of Rockland Trust since 1980 and as a director of the Company since 1991. The Board and the nominating committee have 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 an Independent Director of Independent Bank Corp. He 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 has served as a director of Rockland Trust and the Company since 2009. The Board and the nominating committee have determined that Mr. Venables 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 other banks.

Robert Shuster