Torrington Savings in Connecticut Announces CEO Succession

Torrington Savings Bank of Connecticut has hired a replacement for its retiring chief executive.

John Janco will become the $795 million-asset bank's leader when Jeffrey Lalonde retires at the end of this year. Janco, the bank's former chief financial officer, was promoted to president and chief operating officer on Jan. 1. He joined the bank as a teller in 1973.

Torrington Savings said that Lesa Vanotti had succeeded Janco as CFO. Vanotti, who had been controller, joined the bank as an accounting assistant in 1996.

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