On May 30, 2019, Berkshire Hills Bancorp, Inc. (the “Company”), the holding company of Berkshire Bank, unanimously approved the appointment of Baye Adofo-Wilson, Rheo A. Brouillard and William H. Hughes III to the Company’s Board of Directors. Messers. Adofo-Wilson, Brouillard and Hughes were also appointed to the Board of Directors of Berkshire Bank.

Baye Adofo-Wilson, Esq. has over 20 years of experience in law and business development, with a focus on community development, including the position of Deputy Mayor/Director, Economic and Housing Development for the City of Newark, New Jersey. Currently, Mr. Adofo-Wilson is Of Council at Rainon, Coughlin & Minchello focusing on redevelopment law and specializing in New Jersey’s urban transitioning communities and municipalities, while also serving as CEO of BAW Development, LLC, a national real estate development company concentrating on redevelopment and consulting services in diverse communities. He joins the Audit Committee and the Corporate Responsibility and Culture Committee.

Rheo A. Brouillard has more than 40 years of experience in the financial services industry, holding key roles at multiple financial services institutions. Mr. Brouillard most recently served as Director, President and CEO of SI Financial Group, Inc. Berkshire recently acquired SI Financial, together with its Willimantic CT based subsidiary, Savings Institute Bank & Trust. Mr. Brouillard has been a staunch supporter of community development associations throughout his career and a champion for the communities he serves in Southeast New England. He joins the Compliance and Regulatory Committee and the Risk Management and Capital Committee.

William H. Hughes III has over 30 years of business experience with expertise in strategy development and execution, technology services and cybersecurity. Mr. Hughes is the founder and President of Open4 Learning, an advisory business that is focused on innovation and growth in the education technology and employment technology sectors. He is also the founding Manager of CyberHabits LLC, which is a learning-centered cybersecurity solutions company. A Boston-area resident, Mr. Hughes joins the Compensation Committee and the Risk Management and Capital Committee.

There are no arrangements between any of Messrs. Adofo-Wilson, Brouillard and Hughes and any other persons to which any of appointees were selected as a director. There are no transactions, or proposed transactions, to which the Company is or was to be party and in which any of Messrs. Adofo-Wilson, Brouillard and Hughes has a direct or indirect material interest that are required to be disclosed under Item 404(a) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits

Exhibit Number Description

99.1 Press Release dated May 30, 2019

BERKSHIRE HILLS BANCORP INC Exhibit
EX-99.1 2 ex99-1_8k053019.htm PRESS RELEASE DATED MAY 30,…
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About BERKSHIRE HILLS BANCORP, INC. (NYSE:BHLB)

Berkshire Hills Bancorp, Inc. (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products to retail, commercial, not-for-profit and municipal customers in its market areas. Berkshire product offerings also include retail and commercial electronic banking, commercial cash management and commercial interest rate swaps. The Bank’s loan portfolio consists of commercial loans, which include residential mortgages, commercial real estate, commercial and industrial loans, and consumer loans. The Bank’s securities available for sale include municipal bonds and obligations, mortgage-backed securities, other bonds and obligations, and marketable equity securities. As of December 5, 2016, the Bank had 99 full service branch offices in Massachusetts, New York, Connecticut, Vermont, New Jersey and Pennsylvania.