First Seacoast Bancorp in Dover, N.H., didn’t have to look far to find its next CEO.
The $593 million-asset company said in a press release that James Brannen had stepped into the role. He was the company’s president.
Richard Donovan, who is the chief financial officer, became president.
“I have served on the bank’s board … for more than 10 years and in my tenure have had the honor of witnessing, first-hand, organizational growth through momentous and positive change,” James Jalbert, First Seacoast’s chairman, said in the release.
“Jim and Rick have worked collaboratively since 2018, and Rick is eminently qualified to serve as president,” Jalbert added. “I believe their shared and unwavering commitment to deepening our impact will allow us to move forward with purpose.”