leadership
confidence high
sentiment neutral
materiality 0.65
Beacon Financial names Sean Gray CEO; Perrault retires Sept 21
Beacon Financial Corp
- Paul A. Perrault retires as CEO of Beacon Financial and Beacon Bank, effective Sept 21, 2026.
- Sean A. Gray, age 50, appointed President and CEO of Company and Bank, effective Sept 21.
- Gray previously served as COO since 2025; earlier President/COO of Berkshire Bank from 2018-2025.
- Perrault to provide consulting for 12 months at $120,000/month fee plus 2026 bonus.
- Beacon has $22.3B in assets and 145+ branches; Gray cites dividend maintenance and organic growth focus.