Eastern Bankshares (EBC) Announces Board Appointments

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Eastern Bankshares, Inc. Announces Newly Appointed Members To Its Board of Directors

July 1, 2024 8:30 AM EDT

BOSTON--(BUSINESS WIRE)-- Eastern Bankshares, Inc. (Eastern) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced today the appointment of four members of Cambridge Bancorps (NASDAQ: CATC) (Cambridge) Board of Directors to the Eastern and Eastern Bank Boards of Directors (together, the Eastern Boards of Directors" or the Eastern Boards) effective upon the closing of the companies pending Merger (the Merger).

As previously announced on September 19, 2023, upon closing of the Merger, Denis Sheahan, Chairman, President and CEO of Cambridge, will become the CEO of... More