Executive Changes

NEW ENGLAND

Salisbury Bancorp Inc. in Lakeville, Conn., has announced that John F. Perotti, its chairman and chief executive officer, will retire June 8.

Mr. Perotti will also step down from his posts as chairman and CEO of the $484 million-asset company's Salisbury Bank and Trust Co. He has been the chairman and CEO of both the bank and its parent since 2005. Before that he was an executive vice president of the bank and its chief operating officer. Earlier he was the bank's treasurer and a vice president.

He will remain a bank director, which he has been since 1982.

Richard J. Cantele Jr. is to succeed Mr. Perotti as CEO and will remain the president and chief operating officer of Salisbury Bancorp and its bank.


MIDWESTCamco Financial Corp. in Cambridge, Ohio, has hired James E. Huston to be its chairman, chief executive officer, and president and to fill the same roles at its Advantage Bank.

Mr. Huston has been the interim CEO of the $1 billion-asset Camco Financial since Dec. 16 and a consultant to the company since September. Before that he was the interim chief financial officer of the Federal Home Loan Bank of Des Moines until he was succeeded by Steve Schuler in 2006. Previously, he was the chairman, president, and CEO of First Consumers National Bank in Portland, Ore., from 2001. In 2000 and 2001 he was the executive vice president and CFO of Aames Financial Corp. in Los Angeles.

 


 Equitable Financial Corp. in Grand Island, Neb., has promoted its chief financial officer, Thomas E. Gdowski, to chief executive officer.

Mr. Gdowski has been CFO since August, a director of the $203 million-asset company since 2007, and an executive vice president and the chief operating officer since 2006. He will retain all these posts.

Before 2006 he was a senior vice president and the chief branch operating officer of the company's Equitable Bank. Earlier he had been the funds management officer since 2004 at TierOne Bank.

Mr. Gdowski succeeds Richard L. Harbaugh, who resigned as CEO on Dec. 16.


MIDDLE ATLANTICS&T Bancorp Inc. in Indiana, Pa., has hired Bill Kametz as the senior vice president of credit administration for its S&T Bank.

Mr. Kametz was an executive vice president and chief lending officer at Vist Financial Corp. in Wyomissing, Pa. Before that he was a senior vice president at Bank of Hanover and Trust Co., which B.L.C. Bank bought in 2007. Earlier he worked 16 years for Mellon Bank in Pittsburgh.

S&T Bancorp has $4.4 billion of assets.


WESTCommunity Valley Bank in El Centro, Calif., has hired W. Russell Andersen as its executive vice president and chief financial officer.

Mr. Andersen was a senior vice president and the CFO of Nebraska State Bank, which Mutual of Omaha bought in 2007.

Community Valley has $28 million of assets.

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