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Sullivan Joins People’s United Bank As Market President, Eastern Massachusetts

Date: Nov 05, 2013 @ 07:44 AM

People's United Bank announced Patrick J. Sullivan has joined the bank as Market President, responsible for the bank's footprint across Massachusetts, excluding the Springfield area. Sullivan brings over 35 years of experience in banking and financial services to the position, including proven capability in commercial banking, specialty finance, acquisitions and executive management.

Sullivan was most recently EVP and Chief Commercial Lending Officer at Berkshire Bank. He joined Berkshire after the sale of Legacy Banks, where he was President and CEO, to Berkshire. Previously, Sullivan was New England President and CEO at Sovereign Bank in Boston, which he joined as EVP/Managing Director of Commercial Banking and Specialized Businesses in 2000.

"We are pleased to welcome Pat to our organization and look forward to his leadership in Massachusetts, a strong growth market for People's United," said Jeffrey Tengel, Senior Executive Vice President, Commercial Banking. "We are focused on further expanding our presence as a strong, relationship-based, full-service commercial and retail bank in this market. Pat's proven leadership and experience in developing the Massachusetts market make him an ideal leader for our team there."

Sullivan began his career at Citizens Financial Corporation. He earned both his Bachelor's degree and MBA at Bryant University in Rhode Island.

People's United Bank is a subsidiary of People's United Financial, Inc., a diversified financial services company with $31 billion in assets. People's United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of 412 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

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