Rosemary Picard named first woman CEO and president of Savers Bank
Photo | Courtesy of Savers Bank
Rosemary Picard, CEO and president of Savers Bank
Savers Bank of Southbridge announced Wednesday it has named Rosemary Picard as the company’s new CEO and president, roles she officially assumed on May 11, making her the first woman to ever head the company.
Picard, who was most recently the Savers Bank chief operating officer and chief financial officer, replaces former CEO and president Joe Coderre, who retired after working with the bank for 35 years.
Picard, a Hopkinton resident, previously served as CFO and treasurer for Dean Bank, headquartered in Franklin. She also worked with Beneficial Finance & Mortgage and State Street Bank & Trust in Grafton. She is a certified public accountant.
Picard holds a bachelor's degree in accounting from UMass Dartmouth, and is a member of the Massachusetts Society of Certified Public Accountants.
"Rosemary has a deep respect for our customers and will make the decisions necessary to deliver on the value of our Simply Better brand,” said Dewey Tiberii, chairman of the Savers Bank board of directors, in a statement. “Her forward-thinking ideas to improve the bank efficiencies along with providing leading bank customer financial solutions will insure that Savers Bank is among the top leading community banks in Central Massachusetts.”
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