Donald Wallaga is Cape Ann Financial savings Bank‘s new vice president and chief economic officer.
The Gloucester-based mostly lender hired Wallaga as it geared up for the changeover of Marianne Smith from executive vice president and CFO to the part of bank president.
Bob Gillis retired Friday as president right after 45 decades operating at the establishment. He continues to be as a tri-chairperson for Gloucester400, the city’s quadricentennial celebration that is scheduled to kick off in 2023.
Wallaga comes to Cape Ann Financial savings Bank with additional than 30 a long time of banking and regulatory experience in the regions of finance, accounting, functions, regulatory reporting, and balance sheet administration. He started out his profession in banking in deposit functions, migrating to accounting and finance after receiving received his bachelor’s degree in business administration from Salem State University and his Grasp in Business enterprise Administration in Finance from Northeastern College.
He formerly held positions at Brookline Bancorp, Patriot Group Financial institution and most a short while ago at East Cambridge Price savings Lender in which he served as vice president, controller and senior finance officer.
Wallaga has been active in volunteerism, serving with Samaritans Boston. The Amesbury native enjoys skiing, snowboarding and kayaking in his spare time and at this time resides in Boston.
Lights off at the Beacon
A free weekly paper is no more.
The Cape Ann Beacon printed its very last version on Friday, July 30, as its mum or dad business GateHouse Media designed a selection to discontinue publishing.
“I will still be taking care of other Gannett newspapers on the North Shore,” said editor Jane Fosberry Enos, a Gloucester resident.
Gannett and GateHouse merged in November of 2019.