logo
Plus   Neg
Share
Email

Independent Bank Corp. Appoints Donna Abelli As Chairman

Independent Bank Corp. (INDB) and its commercial bank subsidiary Rockland Trust Co. have both appointed Donna Abelli Chairman of their Board of Directors, Independent Bank said Friday.

Ms. Abelli, who has served on both Boards as a Director since 2005 and as Chairman of the Audit Committee since 2009, assumed the Chairman's role from Thomas Teuten, who retired from the Board today upon reaching the age of 72, the mandatory retirement age for Directors set forth in Independent Bank Corp.'s governance principles.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT