NEW ENGLAND
Central Bancorp Inc. of Somerville, Mass., has promoted William P. Morrissey to president of the company and its Central Co-operative Bank.
Morrissey had been an executive vice president and the chief operating officer for the $563 million-asset bank since 2005. Before that he had been the senior vice president for corporate affairs since joining the bank in 1992.
Earlier he was the executive vice president for corporate affairs at Boston Five Cents Savings Bank. Before that he was the Massachusetts deputy commissioner for banks.
He succeeded John D. Doherty, who will remain the chief executive officer and the chairman of both Central Bancorp and its bank. He was also elected to their boards.
NewAlliance Bank of New Haven has hired Mark Gibson as executive vice president and chief marketing officer.
Gibson held a similar position at Compass Bank, where he had worked since 1996. Before that he was a financial services marketing consultant for several companies including John Ryan Co. in Stamford.
At the $8.2 billion-asset NewAlliance, he will oversee community development, project management and e-business.He will report to Peyton R. Patterson, its chairman, president and chief executive officer.
SOUTHWESTEncore Bank of Houston has hired Robert W. Brown as a senior vice president and Edwin N. Letzerich as a senior vice president and manager of health-care banking.
Brown was the chief operating officer of First City Bancorp of Texas Inc. Before that he was the executive vice president of finance and operations at First City.
He will oversee asset recovery management at the $1.4 billion-asset unit of Encore Bancshares Inc.
Letzerich was a senior private banker at JPMorgan Chase & Co. in Texas.
MIDWESTMacatawa Bank Corp. of Holland, Mich., said Benjamin A. Smith 3rd has resigned as the chairman and chief executive officer of the company and its Macatawa Bank.
Smith will remain a director of both and will be an adviser to the management team. He founded the $2.1 billion-asset company and bank in 1997 with Robert E. DenHerder, who will become their chairman. He was a director.
Philip J. Koning, the president of Macatawa Bank since 1997, and Ronald L. Haan, an executive vice president, will be co-CEOs of the company and the bank. In addition, Haan will be a director, the secretary and the treasurer for the holding company, where he has worked since 2005.
MIDDLE ATLANTICInvestors Savings Bank of Short Hills, N.J., hired Thomas C. Stackhouse as a first vice president and chief credit officer.
Stackhouse was a manager of sales and risk at Connelly-Campion-Wright Insurance. Before that he was a vice president in the commercial construction lending group at Commerce Bank in Cherry Hill, which Toronto-Dominion Bank bought last year.
He will report to Richard Stengler, executive vice president of Investors Savings Bank, a $7.1 billion-asset unit of Investors Bancorp.
Carver Federal Savings Bank of New York has hired Mark A. Ricca as executive vice president and chief risk officer and Thomas Sperzel as senior vice president and controller.
Ricca had been assistant to the chief operating officer at New York Community Bank since 2005 and executive vice president since 2003. Before that he was senior vice president of administration. He had also been general counsel for New York Community since 2000.
Sperzel had been vice president and controller of City and Federal Savings Bank since 2005.
Carver has $793 million of assets.
WESTRedding Bank of Commerce in California has promoted Dale Orchard to senior vice president.
Orchardt was a vice president. He will remain a lending officer, a job he has held since joining the $769 million-asset unit of Bank of Commerce Holdings in 2007. Before that he worked for TriCounties Bank in Chico.
