Boston Private Financial Holdings Inc. elected chief executive officer Timothy L. Vaill to the additional title of chairman.

Mr. Vaill also remains president and CEO of Boston Private Bank and Trust Co. and chairman of the unit's Westfield Capital Management Co.

He joined Boston Private in 1993 after 20 years at The Boston Co. and Fidelity Investments.

As chairman he succeeded Charles O. Wood 3d, who had been chairman since 1991. Mr. Wood was elected to the newly created post of lead director of the board.

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