Washington Trust Appoints James C. Brown as Chief Commercial Banking Officer
Rhea-AI Summary
Washington Trust (NASDAQ:WASH) has appointed James C. Brown as Senior Executive Vice President and Chief Commercial Banking Officer. Brown brings over 38 years of financial services experience and will oversee all Commercial Banking activities, including Commercial Real Estate, Commercial & Industrial, Business Banking, Private Clients Group, and Cash Management Services.
Prior to joining Washington Trust, Brown served as Senior Executive Vice President at Berkshire Bank, managing Commercial and Private Banking across multiple states. His extensive career includes positions at Shawmut Bank, State Street Bank, and a 22-year tenure at Boston Private Bank as Co-President of the Commercial Bank. Brown holds a bachelor's degree from Nichols College and an MBA from Boston College's Carroll School of Management.
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News Market Reaction
On the day this news was published, WASH declined 2.27%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We are very pleased to welcome Jim to Washington Trust as we grow our Commercial Banking business," stated Edward O. "Ned" Handy III, Washington Trust Chairman and Chief Executive Officer. "We are thrilled to have the opportunity to bring on such a highly experienced and respected leader. With his proven track record, extensive network, regional insight and expertise, and a shared commitment to helping local businesses thrive, he will be a strong addition to our company."
Brown has more than 38 years of experience in the financial services industry, with expertise in leading high-performing Commercial Banking teams. Prior to joining Washington Trust, he served as Senior Executive Vice President at Berkshire Bank, overseeing all Commercial and Private Banking activities across
He holds a bachelor's degree from Nichols College, where he has served as a Trustee for the past decade, and a Master of Business Administration from the Carroll School of Management at
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Founded in 1800, Washington Trust is recognized as the oldest community bank in the nation, the largest state-chartered bank headquartered in
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SOURCE The Washington Trust Company