NB Bancorp, Inc. (NBBK) has released an update to notify the public and investors about its officers.
NB Bancorp, Inc. has announced the resignation of Danielle Walsh as CFO and the appointment of JP Lapointe to the position, effective February 1, 2024. Lapointe comes with a strong background in financial services, having served as CFO of Northeast Bank and as a Senior Audit Manager specializing in the sector. His appointment includes a Change in Control Agreement promising significant severance benefits under certain conditions. The management change is part of a strategic transition within the company, with no family or transactional ties complicating the new executive’s relationship with the company.
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For a comprehensive understanding of the announcement, you can read the full document here.