A second member of the board of Brookline Bancorp in Massachusetts has stepped down over a decision to reject a buyout offer.
Brookline disclosed last week that George C. Caner Jr. had resigned from the $2.5 billion-asset company's board of directors. A week earlier it announced the resignation of its chairman, Richard P. Chapman Jr., who retired a year earlier as chief executive after the board voted to reject the buyout offer and to keep Brookline independent — at the urging of its current CEO, Paul A. Perrault.
