BROOKLINE BANCORP, INC. (NASDAQ:BRKL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On December 5, 2018, the Board of Directors of Brookline Bancorp, Inc. (the “Company”) accepted the resignation of Rosamond B. Vaule as director of the Company for personal reasons effective as of December 31, 2018. Ms. Vaule’s resignation did not result from any disagreements with the Company on any matter relating to its operations, policies or practices. Effective upon Ms. Vaule’s resignation as a director, the size of the Company’s Board of Directors will be reduced from fifteen to fourteen directors.
Ms. Vaule has also resigned from the Board of Directors of Brookline Bank.
About BROOKLINE BANCORP, INC. (NASDAQ:BRKL)
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.
