Robert Paulhus, president and CEO of Clinton Savings Bank, is planning to retire from his position of 16-years come March 31.
Having joined the Clinton bank 25 years ago, Paulhus assumed the role of executive vice president in 2008 and was promoted to president and CEO later that year, according to a Wednesday press release from Clinton Savings Bank.
Mary Dean, Clinton Savings Bank’s executive vice president and chief information officer, will succeed Paulhus as president and CEO upon his retirement. Dean will become the first female leader in the bank’s 173-year history.
“We are extremely grateful for Bob’s longtime commitment to the bank and our communities. While we’ll miss him being in an active role with the Bank, his mentorship will help the next generation of bankers build on his exceptional legacy of leadership and service. I will also personally miss Bob’s constant guidance and undisputable wisdom. We wish for Bob and his wife a healthy and happy new chapter in life,” William O’Neil, chairman of the board, said in the release.
Clinton Savings Bank is the 17th largest bank in Central Massachusetts when ranked by local deposits as of June 30, 2023 by WBJ’s Research Department. The bank accumulated $602.6 million in local deposits throughout its nine branches. The bank has 102 employees.
Mica Kanner-Mascolo is a staff writer at Worcester Business Journal, who primarily covers the healthcare and diversity, equity, and inclusion industries.
