Salisbury Bancorp (SAL) in Lakeville, Conn., has found a chief financial officer.
Donald White joined the $600 million-asset company on Monday as executive vice president and CFO, it said in a news release. He had been a managing director at investment bank Sandler O'Neill, where he had worked since 2002.
Salisbury's former CFO, Ian McMahon, resigned in February. He joined Fieldpoint Private Bank and Trust in Greenwich, Conn., according to his LinkedIn page.
President and Chief Executive Rick Cantele served as interim CFO while Salisbury searched for McMahon's replacement.
"We are very pleased to have Don White join our leadership team. Don brings proven skills in balance sheet strategy, asset liability management, strategic planning and investment portfolio and treasury management," Cantele said in the release. "His expertise in asset liability management and balance sheet strategy will serve us well in the current challenging economic environment."