Ex-Hometown Bank President Takes New Role
Two Massachusetts banks are seeing a shift in leadership with the recent move of long-time Hometown Bank President Matthew Sosik to Easthampton.
In a message posted on Easthampton Savings Bank’s website Wednesday, outgoing President William S. Hogan Jr. announced that Sosik, a Sturbridge resident, has been chosen as his replacement after a year-long process. Hogan has been with ESB for 43 years and president for 20, and said he will be on-hand through September to assist with the transition.
Hogan said Hometown Bank, which recently opened its seventh branch, had consistent financial performance and growth, similar to ESB’s, under Sosik’s leadership.
“Likewise, Matt's values are in line with Easthampton Savings Bank's,” Hogan said. “He is a community-minded family man, and has the vision and energy necessary to ensure a bright future… I am confident that Matt will continue the bank's history of growth and success as well as offer continued leadership in our partnership with the communities we serve.”
Webster-based Hometown Bank replaced Sosik with Michael Hewitt in early May. Hewitt said he has 35 years of experience in banking and executive management. He said he’s fortunate to have the position at Hometown, which he said doesn’t need a lot of adjustment, but will continue steadily moving forward.
Hewitt, who was also named CEO, joined the bank more than two years ago as senior vice president to oversee the merger of Athol-Clinton Cooperative Bank into Hometown.
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