Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt


Cape Cod Five Cents Savings Bank of Harwich Port, Mass., has promoted Dorothy A. Savarese to chief operating officer.

Also, she will succeed Elliot Carr as the $1.3 billion-asset thrift's president in January. (Mr. Carr will remain the chairman.)

Ms. Savarese, currently a senior vice president, was the director of product planning. She joined Cape Cod Five Cents in 1993 as a commercial lending officer.


Flushing Financial Corp. of New York has promoted David W. Fry to chief financial officer, treasurer, and senior vice president.

He succeeded Monica C. Passick, who retired after 25 years with the parent of the $2 billion-asset Flushing Savings Bank.

Mr. Fry has been the controller and a vice president at Flushing Financial since 1998, the year he joined. He has 20 years of banking experience.

Evergreen Insurance Associates LLC, a unit of the $2.9 billion-asset S&T Bancorp of Indiana, Pa., has put Caroline G. Raneri in charge of products and services integration.

Ms. Raneri, who has been named a senior vice president, will also help expand customer relationships. She joined Evergreen in 2002 as a vice president and the director of special programs.

Suffolk Bancorp of Riverhead, N.Y., has named Thomas S. Kohlmann the vice chairman of the company and its $1.3 billion-asset Suffolk County National Bank.

Mr. Kohlmann remains the president and chief executive officer of both; he has held those jobs since 1999. He joined Suffolk Bancorp in 1991.


FNB Corp. of Asheboro, N.C., said that its president and chairman, Michael C. Miller, has been named the chairman of the North Carolina Bankers Association.

Mr. Miller is also the president and chairman of one of FNB's two banking units, the $647 million-asset First National Bank and Trust Co. He joined the bank in 1985.

Texas Capital Bancshares Inc. …

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