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Berkshire Hills Bancorp elects two directors

Christian Fernsby |
Boston, Mass., USA - Berkshire Hills Bancorp announced the election of Deborah P. Bailey and Michael A. Zaitzeff to the company's board of director.

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Deborah P. Bailey is a Governor of the Financial Industry Regulatory Authority (FINRA). Previously she was Managing Director of the Financial Regulatory Practice at KPMG and Vice Chair and Managing Director of the Banking & Securities Regulatory Practice at Deloitte & Touche LLP.

She previously was an officer of the Board of Governors of the Federal Reserve, rising to Deputy Director of Banking Supervision and Regulation where she was a direct report to Federal Reserve Chairman Ben Bernanke.

Ms. Bailey started her career at the Office of the Comptroller of the Currency, where she attained the position of Field Office Director for New York and New Jersey, managing the largest field office in the country, and where she headed a Task Force that led to restructuring of the regional field offices and creation of the Large Bank Supervision Program.

Ms. Bailey is a graduate of the University of Georgia with a BBA in Banking and Finance.

Michael A. Zaitzeff is a co-founder and managing member of VM GP II LLC, the general partner of HoldCo Asset Management, LP.

Mr. Zaitzeff has served as a member of numerous corporate boards, oversight committees and creditor committees.

He served on the Trust Advisory Board of WMI Liquidating Trust, a trust created to implement the Chapter 11 Bankruptcy Plan of Washington Mutual, Inc.

Mr. Zaitzeff holds a Bachelor of Arts in Computer Science from Brown University.

Berkshire also reported the Board's appointment of Director David M. Brunelle as Vice Chairperson of the Board.

David M. Brunelle has served for three years on the Board, including as Audit Committee Chair since March 2019.

Mr. Brunelle is Co-Founder and Managing Director of North Pointe Wealth Management in Worcester, Massachusetts.

He has over 20 years of experience in financial services working with businesses, individuals, families and charitable foundations. Mr. Brunelle is a former Director of Commerce Bancshares Corp. and Commerce Bank & Trust Company and served on Commerce's audit and loan committees.

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