Eastern Bank Announces Senior Leadership Appointments

BOSTON--(BUSINESS WIRE)-- Following its recent merger with Cambridge Trust and as part of its enhanced focus on product development, wealth management and private banking, Eastern Bank is pleased to announce that Executive Vice President Sujata Yadav has been named Chief Product Officer, and several former Cambridge Trust leaders have been named to the following roles at Eastern Bank: Jeffrey F. Smith, Executive Vice President, Wealth Management; Danielle Remis Hackel, Executive Vice President, Chief Marketing Officer; and Kerri A. Mooney, Executive Vice President, Private Banking.

“Our vision is to be the leading local bank with comprehensive banking and wealth management solutions in the communities we serve,” said Bob Rivers, Executive Chair and Chair of the Board of Directors of Eastern Bank. “The experience, insights and perspectives of Sujata Yadav, Jeff Smith, Danielle Remis Hackel and Kerri Mooney will help drive our growth plans and commitment to clients, and we congratulate them on their leadership roles.”

Denis Sheahan, Chief Executive Officer of Eastern Bank, added, “We look forward to Sujata Yadav’s expertise as the bank’s first-ever Chief Product Officer to lead the emphasis on driving innovation and growth through product management, and to benefitting from the extensive client experience of Jeff Smith, Danielle Remis Hackel and Kerri Mooney.”

Sujata Yadav, Executive Vice President, Chief Product Officer, joined Eastern as Senior Vice President, Consumer Lending Director in 2017 and was promoted to Executive Vice President, Chief Marketing Officer in 2021. As Chief Product Officer, Ms. Yadav will lead a centralized product team focused on product strategy, development and management while continuing to enhance product-related marketing and data analytics to help drive innovation, revenue growth and strategic alignment with customer needs. Under her leadership, Eastern has enhanced its consumer offerings including its first, fully integrated online platforms for Unsecured Lending and Home Equity. While leading Product Marketing and Analytics, she helped improve Eastern’s product marketing and performance measurement capabilities. Prior to Eastern, Ms. Yadav worked at Citibank N.A. for 14 years in both national and international leadership roles across the consumer bank. She earned a BA from the University of Rajasthan in Jaipur, India and an MBA from the Indian Institute of Management, Lucknow, India. Ms. Yadav serves on the Board of Directors of the United Way of Mass Bay and Merrimack Valley, The Boston Ad Club, and Junior Achievement of Greater Boston, and on the Board of Trustees for Winchester Hospital.

Jeffrey F. Smith, Executive Vice President, Wealth Management, leads the combined Cambridge Trust and Eastern Bank Wealth Management teams including investment management, trust and estate services, and financial and tax planning services, along with delivering Private Banking services to Wealth Management clients from Massachusetts and New Hampshire to Connecticut. Mr. Smith joined Eastern Bank in July 2024 through the merger with Cambridge Trust, after joining Cambridge Trust in 2023 following a 24-year career at Rockland Trust Investment Management. He started his career at Scudder, Stevens & Clark in Boston, MA. Mr. Smith has his CFP designation and earned his BA in Economics at the University of Vermont. He serves on the board of Cooperative Production in Taunton, MA.

Danielle Remis Hackel, Executive Vice President, Chief Marketing Officer, joined Eastern Bank in July 2024 through the merger with Cambridge Trust. Previously, Ms. Remis Hackel served as Chief Marketing Officer of Cambridge Trust, responsible for branding, advertising, marketing communications, digital, social, web, campaigns, public relations and media. In addition to her role as Chief Marketing Officer of Cambridge Trust, Ms. Remis Hackel was president of the Cambridge Trust Charitable Foundation and served as the bank’s executive leader of the merger with Eastern Bank. Prior to Cambridge Trust, Ms. Remis Hackel worked at HarbourVest, a global private equity firm with headquarters in Boston and London, and State Street Global Advisors in various institutional product and marketing roles. Ms. Remis Hackel graduated from Barnard College of Columbia University and gained her MBA at Columbia Business School. She serves on the board of directors of Beth Israel Deaconess Medical Center in Boston, MA.

Kerri A. Mooney, Executive Vice President, Private Banking of Eastern Bank, leads Private Banking for Eastern Bank. She joined the company in July 2024 through the merger with Cambridge Trust. Most recently, Ms. Mooney served as Chief Deposit Officer at Cambridge Trust, overseeing the banking offices, commercial treasury services and overall deposit strategy. Prior to joining Cambridge Trust, Ms. Mooney worked as the Director of Branches for HarborOne Bank from October 2016 to June 2018. Prior to that, she held various leadership positions at Rockland Trust from July 2010 to October 2016 including First Vice President/District Manager for Greater Boston and Sales & Service Officer for the Retail Branch Network. Ms. Mooney is a graduate of Boston College. She is a former advisory board member for the investment and finance committees of the Girl Scouts of Eastern Massachusetts.

About Eastern Bank
Founded in 1818, Boston-based Eastern Bank is Greater Boston’s leading local bank and the largest bank-owned independent investment advisor in Massachusetts with approximately 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticut. Eastern provides a full range of banking and wealth management solutions for consumers and businesses of all sizes including through its Cambridge Trust Wealth Management and Private Banking divisions, and takes pride in its outspoken advocacy and community support that includes more than $240 million in charitable giving since 1994. An inclusive company, Eastern is comprised of deeply committed professionals who value relationships with their customers, colleagues, communities and shareholders. Join us for good at www.easternbank.com and follow Eastern on Facebook, LinkedIn, X and Instagram. Eastern Bankshares, Inc. (Nasdaq Global Select Market: EBC) is the stock holding company for Eastern Bank. For investor information, visit investor.easternbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240904854943/en/

Media contact:

Andrea Goodman

Eastern Bank

a.goodman@easternbank.com

781-598-7847

Investor contact:

Jill Belliveau

Eastern Bankshares, Inc.

InvestorRelations@easternbank.com

781-598-7920

Source: Eastern Bank