Cambridge Savings Bank in Massachusetts has named CEO James P. Ingram as its first chairman.
Mr. Ingram joined the bank in 1987 from Boston-based R.M. Bradley & Co., where he was senior vice president and managing director of its Bradley Real Estate Trust. He became a corporator of Cambridge Savings in 1974, a trustee in 1975, and a board of investment member in 1976.
Mr. Ingram was also president of the $1 billion-asset bank; he has relinquished that title to Kevin J. Fitzgerald, who was also given the newly created title of chief operating officer.
Mr. Fitzgerald was executive vice president, treasurer, and chief financial officer. He joined the bank in 1963 as a teller, through Northeastern University's cooperative education program. After serving in the Army from 1968 to 1971, he returned to Cambridge and became assistant manager of savings.
Senior vice president Steven Venuti was named to succeed Mr. Fitzgerald as treasurer. He will also assume the duties, but not the title, of CFO.