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Salisbury Bancorp: John F. Perotti, Chairman and CEO, to retire

Staff writer |
Lakeville, Conn., USA - June 5, 2009, Lakeville, Conn., USA - The Board of Directors of Salisbury Bancorp, the holding company for Salisbury Bank and Trust Company, announced that John F. Perotti, Chairman and CEO of the Company and the Bank, will retire, effective June 8.

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Mr. Perotti will continue as a director of the Company and the Bank. Mr. Perotti has been an executive officer of the Company since its formation in 1998 and has been an executive officer of the Bank since 1982. Mr. Perotti came to work at the Bank on May 21, 1973 as a teller. He was soon promoted to Assistant Treasurer in 1975, Assistant Vice President in 1981, Vice President and Treasurer in 1982, Executive Vice President in 1986, Executive Vice President, Treasurer and Chief Administrative Officer in 1987, Executive Vice President and Chief Operating Officer in 1989, President and Chief Executive Officer in 1993 to Chairman and Chief Executive Officer in 2005. In addition, Mr. Perotti serves in leadership roles with a variety of community and professional organizations. Richard J. Cantele, Jr., his successor as Chief Executive Officer, stated, "Mr. Perotti has demonstrated the highest level of integrity, professionalism and commitment throughout his career, not only to the Bank, but to his family." In recognition of his valuable service and contributions, the Governor of the State of Connecticut, M. Jodi Rell, issued a proclamation designating June 8, 2009 as "John F. Perotti Day."

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