Berkshire Hills Bancorp Appoints William Ryan As Chairman - Quick Facts

(RTTNews) - Berkshire Hills Bancorp Inc. (BHLB) announced that it has appointed William Ryan as Chairman of its Board of Directors. Ryan was formerly Chairman of the Board and CEO of TD Banknorth. The company also announced that Lawrence Bossidy has retired from Berkshire's Board of Directors. Bossidy has served as Berkshire's Lead Independent Director since 2012, and previously served as Chairman since 2002.

Ryan, 70, served as Chairman of the Board and CEO of TD Banknorth Inc. from 1989 to March 2007. Banknorth was named one of the "Best Managed Companies in America" by Forbes Magazine in 2004. Ryan is a Director of Unum Group and has served as Chair of Unum's Board since October 2011. He is also a Director of Wellpoint Inc. Ryan is the majority owner of the Maine Red Claws, an NBA Development League basketball team affiliated with the Boston Celtics. He also serves as a trustee of the Libra Foundation and serves on the board of advisors at the University of New England.