Berkshire Bank Announces Kathryn Hersey as SVP, Director of Wealth Management & Chief Investment Officer
BOSTON, MA (OCTOBER 18, 2019). Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced the addition of Kathryn Hersey as SVP, Director of Wealth Management & Chief Investment Officer of Berkshire Bank. She will report directly to Sean Gray, President and COO of Berkshire Bank.
In this new role, Hersey will be responsible for providing leadership and oversight for planning and directing the development of Wealth Management business strategies. Hersey will oversee all aspects of Wealth Management, including investment management, client service, trust and estate administration, financial planning, operations, and business development. Her work will be critically important in driving sustainable growth for the Bank’s Wealth Management team and optimizing the client experience.
“Kathryn’s record, perspective, and experience will enhance our impressive Wealth Management team’s client base and their assets,” said Mr. Gray. “Our Wealth Management team’s approach to business creates precise and strategic plans to meet our clients’ financial goals. She is a welcome force that will continue to build on the Bank’s inclusive and dynamic culture.”
Prior to joining Berkshire Bank, Hersey was SVP, Senior Portfolio Manager for Cambridge Trust Company in Boston, MA. Hersey has over twenty years of professional experience spanning the private and public sector. She holds a Bachelor of Arts from Amherst College where she captained the women’s soccer and basketball teams. She also has a Master of Business Administration from Babson College’s F.W. Olin Graduate School of Business and holds the Chartered Financial Analyst® designation. Hersey is committed to volunteerism, serving as a YMCA of Greater Boston Volunteer Coach and as a former member and grant finance chair of The Philanthropy Connection, a women’s collective giving group. Hersey was inducted into the New England Basketball Hall of Fame in 2009.
About Berkshire Hills
Berkshire Hills Bancorp is the parent of Berkshire Bank, a premier regional bank distinguished by its local responsiveness and engagement. With corporate headquarters in Boston, the Company operates in six Northeastern states, with $13.9 billion in assets and 132 banking offices. Berkshire Bank is recognized for its entrepreneurial approach, relationship customer experience, and distinctive culture embracing and celebrating the diversity of all customers, employees and, suppliers.