– USA, MA – Wellesley Bancorp, Inc. (Nasdaq: WEBK), the parent company of Wellesley Bank, today announced the appointment of Simon Gerlin to the Board of Directors of the Company and the Bank.
“We are very pleased to welcome Simon R. Gerlin as a director of the Company and the Bank. The Board of Directors believes that his experience and background make him an ideal candidate to serve on the Board and we look forward to working with him to build shareholder value in the future,” said CEO, Tom Fontaine.
Mr. Gerlin will also join the Audit Committee of the Company and the Bank.
About Simon R. Gerlin
Mr. Gerlin has been CFO and EVP of Finance of MassDevelopment since February 2013. Before MassDevelopment, Mr. Gerlin served in executive finance, compliance, and audit roles at Clean Harbors Environmental Services and spent 16 years at PricewaterhouseCoopers LLP.
Mr. Gerlin is a certified public accountant and member of the American Institute of CPAs. He received a B.A. degree from Middlebury College and an MBA from Harvard Business School.
About Wellesley Bancorp
Wellesley Bank and its wholly owned wealth management company, Wellesley Investment Partners, LLC, are subsidiaries of Wellesley Bancorp, Inc.
Wellesley Bank provides comprehensive premier banking and wealth management services to successful people, families, businesses, and nonprofit organizations. The company’s teams of highly experienced and knowledgeable bankers provide exceptional personalized services and trusted advice to its clients. Wellesley Bank has been serving the greater Boston area for over 100 years with five full-service banking offices and a wholly owned Wealth Management Company. A sixth full-service banking office in Newton Centre will open in the spring of 2016.
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