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Cheviot Financial in Cincinnati has elected James Williamson chairman.
August 17 -
New Hampshire Mutual Bancorp in Concord will promote two executives to the position of president of its bank units after the retirement of Chief Executive Paul Rizzi.
August 12 -
Shareholders of Lenox National Bank have approved a deal to sell the institution to its western Massachusetts neighbor Adams Community Bank.
August 11
PeoplesBank in Holyoke, Mass., will promote its chief financial officer to lead the bank, as Chief Executive Douglas Bowen plans to retire.
Bowen, 61, will
"[Senecal] and I believe in our bank's mutual charter," Bowen said in a news release. "We will remain a mutual bank going forward."
Ahead of the succession plan, PeoplesBank has given Senecal the additional title of chief operating officer, with oversight of retail operations, internal control and risk oversight.
Senecal will remain COO until February, when he will be named president at PeoplesBank's annual meeting. Senecal will be appointed CEO in July.
PeoplesBank has not determined Senecal's successor as CFO. Senecal's duties as COO will be rolled into his responsibilities as president.
Bowen will remain active in the bank's management and strategy during the transition period.
Bowen joined the bank in 1975 as a teller. He established PeoplesBank's commercial lending department in 1986 and became chief lending officer in 2002. He has served as president and CEO since 2007.
