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Posted 03 October, 2022

CAMBRIDGE BANCORP appointed new CEO

CEO Change detected for ticker Nasdaq:CATC in a 8-K filed on 03 October, 2022.


  In connection with and effective upon completion of the Merger, and in accordance with the terms of the Merger Agreement, the Board of Directors of Cambridge (the "Board") appointed Jane C. Walsh, the former President and Chief Executive Officer of Northmark to the Board.  

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Overview of CAMBRIDGE BANCORP
Financial Services • Banking
Cambridge Bancorp is a holding company, which engages in the provision of private banking services. It offers wealth management, commercial, personal banking, and loan services. The company was founded in 1983 and is headquartered in Cambridge, MA.
Market Cap
$578M
View Company Details
CAMBRIDGE BANCORP by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

 In connection with and effective upon completion of the Merger, and in accordance with the terms of the Merger Agreement, the Board of Directors of Cambridge (the "Board") appointed Jane C. Walsh, the former President and Chief Executive Officer of Northmark to the Board. In addition, Ms. Walsh was appointed to the Board of Directors of Cambridge Trust. 


Ms. Walsh will hold office until the Company's 2023 annual meeting of shareholders, and will be nominated by the Board to stand for re-election at the Company's 2023 annual meeting of shareholders for a term expiring in 2026. 


There have been no transactions involving Ms. Walsh that would require disclosure under Item 404(a) of Regulation S-K. 


As a non-employee member of the Board, Ms. Walsh will be entitled to the director compensation set forth in the Company's proxy statement filed with the SEC on March 16, 2022. 


(d) Exhibits


Exhibit

Number


Description


99.1


Press release dated October 3, 2022. 


104


Cover Page Interactive Data File (embedded within the Inline XBRL document)