CRE Chief Rises to Top at Brookline Bank

By Joseph Kellard September 21, 2016, 6:25 p.m. EDT 1 Min Read

Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit.

The $6.3 billion-asset company said Wednesday that Darryl Fess was promoted to president and chief executive of Brookline Bank.

Fess will take those titles off the plate of Paul Perrault, who remains president and CEO of the parent company.

Fess, who joined the bank in 2010, has been executive vice president of the bank's CRE lending group for the past five years. Before he arrived at Brookline, Fess was a senior vice president at Wainwright Bank in Boston, according to his LinkedIn profile.

Perrault said in a news release that he recommended Fess as CEO in part to "bring the management structure of Brookline Bank in line with the way we've structured our other two subsidiaries," Bank Rhode Island in Providence and First Ipswich Bank in Massachusetts.

Robert Brown, a senior vice president at Brookline Bank, succeeds Fess as head of the CRE lending group.

Joseph Kellard

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