Keith Harvey To Retire As Chief Operating Officer At United Financial Bancorp
United Financial Bancorp (NASDAQ: UBNK), the holding company for United Bank (the "Bank"), announced today that Keith E. Harvey, Executive Vice President and Chief Operating Officer, will retire on December 31, 2012. J. Jeffrey Sullivan, Executive Vice President and Chief Lending Officer will take over as COO upon Harvey's retirement in December. Effective November 1, 2012, Charles R. Valade will assume the responsibility of Chief Lending Officer.
"Keith's decision to retire caps off a tremendously productive and successful 28-year career with United Bank," said Richard B. Collins, President and CEO. "Keith has been extensively involved in many of the changes that have transformed United Bank over the years and he will be missed. We wish Keith and his family many happy and healthy years in retirement."
"Both Jeff Sullivan and Charlie Valade are current members of our senior management team and I am delighted that we can fill both the COO and CLO positions from within our own ranks," Collins said. "We are excited about the future of United Bank. Keith, Jeff and Charlie are already working closely with each other and I expect an effective and seamless transition in the months ahead."
As EVP and Chief Operating Officer, Harvey has led the expansion of the Bank's retail deposit and operations division, advancements in technology and electronic banking as well as franchise expansion efforts growing the Bank from eight branches in 1985 to 22 in 2012. He oversees the Information Systems and Facilities Departments, the United Wealth Management Group and is also responsible for the Company's Enterprise Risk Management program.
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