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Commercial Middle Market Team Joins People's United Bank In Eastern Massachusetts Market

Stocks in this article: PBCT

BOSTON, March 24, 2014 /PRNewswire/ -- People's United Bank announced today that a team of four seasoned professionals has joined its Commercial Banking group in the eastern Massachusetts market. Led by John Doucette, Senior Vice President, Region Manager – most recently, Market Manager, New England Asset Based Lending, at Santander Bank (formerly Sovereign Bank) – the team brings approximately 100 years of combined experience in the region's commercial and asset-based markets and will augment the bank's current business capabilities in the market.

In addition to Doucette, team members include:  Michael Lavoie and Dean Hildreth, both Senior Relationship Managers, and Katherine Jenkins, Senior Portfolio Manager. They will be located in the Boston headquarters offices at One Post Office Square.

The Eastern Massachusetts Middle Market group's members bring a breadth and depth of banking experience and strong customer relationships throughout the market. The team's expertise spans commercial and asset-based lending across a full array of businesses and sectors, with a specialization in the regional seafood industry. Team members will deliver on the People's United approach to serving customers with their in-depth knowledge of a superior product set, broad experience in the markets and a commitment to exceptional levels of quality customer service. 

"We are excited about the opportunity that this team represents for People's United as we expand and deepen our ability to serve customers in the eastern Massachusetts region," said Patrick Sullivan, Massachusetts Market President. "I have strong and long-standing relationships with the members of this team and their customers and look forward to continuing to deepen and expand them. The addition of this group to the People's United Bank team firmly underscores the bank's commitment to the Commonwealth and, specifically, to our customers in eastern Massachusetts."

People's United is deeply committed to the communities it serves and actively encourages employees' engagement in local professional and benevolent groups. The Middle Market team members' combined professional and community commitments include:  leadership positions at the Commercial Finance Association, Turnaround Management Association, Association for Corporate Growth, National Fisheries Institute as well as on the South Shore Hospital Charitable Foundation Board, Town of Deering Planning Board, the South Shore Chamber of Commerce and hometown Youth Sports organizations.

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