Independent Bank (INDB) Names Donna L. Abelli as Chairman
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Price: $82.86 +0.07%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +8.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +8.1%
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Independent Bank Corp. (NASDAQ: INDB) and its commercial bank subsidiary Rockland Trust Company have both appointed Donna L. Abelli Chairman of their Board of Directors, making her the first female Chairman of the Board. Ms. Abelli, who has served on both Boards as a Director since 2005 and as Chairman of the Audit Committee since 2009, assumed the Chairman’s role from Thomas J. Teuten, who retired from the Board today upon reaching the age of 72, the mandatory retirement age for Directors set forth in Independent Bank Corp.’s governance principles.
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