Eastern Bankshares directors Connolly and Spiess resign due to mandatory age limit

Eastern Bankshares, Inc.

Paul M. Connolly and Paul D. Spiess resigned from the Board effective December 31, 2024.
Resignations were under the mandatory age limitations in the Company's Corporate Governance Guidelines.
Neither director expressed any disagreement with the Company on operations, policies, or practices.
Connolly served on Audit and Nominating/Governance committees; Spiess served on Audit, Compensation/HCM, and Risk committees.
Connolly had been a director since 2011, Spiess since 2014; both also served on Eastern Bank's board.

item 5.02 item 9.01

Executive movements

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Departed

Paul M. Connolly

Director

EBC · Eastern Bankshares, Inc.

Effective: 2024-12-31
Filed: January 7, 2025, 6:59 PM ET

Effective December 31, 2024, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), accepted letters of resignation from Paul M. Connolly and Paul D. Spiess, who resigned from their positions both as members of the Board and as members of the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank in accordance with the mandatory age limitations for members of the Board set forth in the Company’s Corporate Governance Guidelines.

Departed

Paul D. Spiess

Director

EBC · Eastern Bankshares, Inc.

Effective: 2024-12-31
Filed: January 7, 2025, 6:59 PM ET

Effective December 31, 2024, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), accepted letters of resignation from Paul M. Connolly and Paul D. Spiess, who resigned from their positions both as members of the Board and as members of the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank in accordance with the mandatory age limitations for members of the Board set forth in the Company’s Corporate Governance Guidelines.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul M. Connolly resigned as Director at Eastern Bankshares, Inc..

Action: resigned
Role: Director

Exact text from the filing

Effective December 31, 2024, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), accepted letters of resignation from Paul M. Connolly and Paul D. Spiess, who resigned from their positions both as members of the Board and as members of the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank in accordance with the mandatory age limitations for members of the Board set forth in the Company’s Corporate Governance Guidelines.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul D. Spiess resigned as Director at Eastern Bankshares, Inc..

Action: resigned
Role: Director

Exact text from the filing

Effective December 31, 2024, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), accepted letters of resignation from Paul M. Connolly and Paul D. Spiess, who resigned from their positions both as members of the Board and as members of the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank in accordance with the mandatory age limitations for members of the Board set forth in the Company’s Corporate Governance Guidelines.

View on SEC.gov

Eastern Bankshares, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-002893

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