Beacon Financial in Boston has selected an insider as its next CEO.
The $22.3 billion-asset company said in a press release that Sean Gray, who has been chief operating officer, will also join the board.
Gray succeeded Paul Perrault, who signed a one-year consulting agreement.
“Sean is an established leader with broad operating expertise, deep institutional knowledge and proven relationships with our colleagues, clients, shareholders and communities,” David Brunelle, Beacon’s chairman, said in the release.
“His appointment represents an important catalyst for Beacon’s next phase of profitable growth as the company remains focused on delivering the commitments established through the merger: accelerating execution, strengthening performance and fully realizing the promise of the combined company,” Brunelle added.