Business (Sponsor: North Pointe Wealth Management)

Berkshire Bank appoints Polito to Board of Directors

  • Posted by Business (Sponsor: North Pointe Wealth Management) February 3, 2023 - Filed in Business - #Worcester  #Shrewsbury  #Karyn Polito  #Berkshire Bank  #David Brunelle  - 9,409 views

    BOSTON -- The parent company of Berkshire Bank announced the election of Karyn Polito (above) to the Board of Directors of the company and its wholly-owned subsidiary bank effective Thursday, February 2nd.

    Polito brings broad expertise in both the public and private sector including as Lieutenant Governor of the Commonwealth of Massachusetts and as Principal of Polito Development Corporation. She was appointed to the Risk Management, Capital and Compliance and Corporate Responsibility and Culture committees of the Board.

    "We are pleased to welcome Karyn to our Board of Directors," Board Chairperson David M. Brunelle said. "Karyn is a champion for our communities. She brings a diverse set of skills and experiences as an owner of a commercial real estate development company and as the former Lieutenant Governor of Massachusetts that will complement and strengthen the composition of our Board."

    "Berkshire will benefit from Karyn's decades of experience working at the intersection of business and government. She will help us enhance our customer focus, community impact and advance our vision of becoming a high-performing, leading socially responsible community bank," bank CEO Nitin Mhatre said.

    "I've watched Berkshire evolve and grow into a well-respected, socially responsible, community-orientated institution at the forefront of meeting the financial needs of its customers and communities. I look forward to working alongside the Board and leadership team to leverage my network, relationships, and experience to take Berkshire to even greater heights," Polito said.

    Polito is an experienced businessperson, attorney and government leader who is currently Principal of Polito Development Corporation, a commercial real estate development firm. She was the 72nd Lieutenant Governor of Massachusetts from 2015 to 2023.

    During her time as Lieutenant Governor, she was an advocate for women's empowerment and a champion for renewable energy, climate adaptation, workforce development, housing, and the innovation economy. She helped increase aid to local communities and spearheaded efforts to expand offshore wind and educational opportunities to careers in science, technology, engineering and math for women and students. Prior to serving as Lieutenant Governor, she was a member of the Mass. House of Representatives and a partner at Milton, Laurence & Dixon. She holds a Bachelor of Science from Boston College and a Juris Doctor from New England Law. She is a lifelong resident of Shrewsbury.

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