financial services

Brookline appoints new CFO

Posted 8/2/11

BROOKLINE, Mass. – Brookline Bancorp Inc. is undergoing a change near the top.

Brookline, which has agreed to purchase Bancorp Rhode Island Inc. in a $234 million deal that is expected to close by year’s end, says it has appointed a new chief financial officer and treasurer.

Julie A. Gerschick will succeed Paul Bechet, who is retiring after serving as Brookline’s CFO since 1997. The bank said Bechet will remain with the company through early 2012 in part because of the acquisition of BancorpRI, the parent of Bank Rhode Island.

Brookline said Gerschick is founder and president of The Andover Group Inc., a specialized consulting firm that provides advisory services to large and mid-sized financial institutions, the Federal Home Loan Bank, and other companies.

She also worked as an audit and consulting partner at KPMG in Washington, D.C., as senior vice president for Great Lakes Bancorp, and as a fellow at the Federal Home Loan Bank Board in Washington, D.C.

Last month, Brookline posted a second-quarter profit of $7 million, slightly lower than the $7.08 million from the same period a year earlier.

Calendar
PBN Hosted
Events

Join PBN and two panels of successful female executives, business owners and entrepreneurs as we delve into what women should do to advance their careers, and become leaders in the corporate world and their own enterprises.
  • Book of Lists Party
    Save the date - January 15, 2015 for PBN's Book of Lists Party at the Providence ...
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement