---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-002893"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T08:51:39.904058+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-002893
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000119312525002893/0001193125-25-002893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000119312525002893/d853737d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-002893
- JSON: https://secwatch.observer/filing/0001193125-25-002893.json
- Plain text: https://secwatch.observer/filing/0001193125-25-002893.txt

## Key facts
- Executive change
  Paul M. Connolly resigned as Director at Eastern Bankshares, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810546/000119312525002893/0001193125-25-002893-index.htm
- Executive change
  Paul D. Spiess resigned as Director at Eastern Bankshares, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810546/000119312525002893/0001193125-25-002893-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.