New directors for Chittenden Bank

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New directors for Chittenden Bank

Tue, 07/20/2004 - 8:00pm -- tim

Chittenden Corp announces new directors for Chittenden Bank
Lawrence W. DeShaw, President and Chief Executive Officer of Chittenden Bank, announced recently the appointment of a new Board of Directors for Chittenden Bank, to reflect the separation of the bank board from the Corporate board.
The Chittenden Bank Board of Directors is comprised of community leaders, professionals and business executives throughout Vermont. These individuals will direct and advise the Bank on business activities, implementation of strategies, acquisition of prospects and evaluation of performance. They will provide local governance for Chittenden's Vermont franchise.
Chittenden Bank's Board of Directors will consist of three current members of what is now the Corporate board; Frederic H. Bertrand, David M. Boardman and Paul J. Carrara. The six new members are Thomas H. MacLeay, Peter D. Van Oot, Robert H. Young, Lisa M. Ventriss, Glen A. Wright and Lawrence W. DeShaw. Mr. Bertrand will Chair the Chittenden Bank Board.
Thomas H. MacLeay is Chairman of the Board and Chief Executive Officer of the National Life Group. He served as President and Chief Operating Officer of National Life from 1996 until his brief retirement in 2001, and returned to the company to fill the top executive positions, first on an interim and subsequently on a permanent basis. He joined National Life in 1976 and served in several investment management, corporate planning and financial roles before being appointed Chief Financial Officer in 1991. He became President and Chief Operating Officer in 1996 and was elected to the Board of Directors.
Mr. MacLeay currently serves on the Board e-Nable Corporation and Central Vermont Economic Development Corporation. He is a Trustee and Chairman of the Finance Committee of the Air Force Aid Society.
Peter D. Van Oot is a Director and member of Downs Rachlin Martin PLLC in Brattleboro, Vermont. He is also a member of the Management Committee, Chair of the Regulated Entities Practice Group and former Chair of the Business Law Practice Group. From 1985 to 1987, Mr. Van Oot worked for Fine & Ambrogne in Environmental, Commercial and Corporate Law in Boston, Massachusetts. From 1981 to 1985, he was Legislative Aide to U.S. Senator Patrick J. Leahy. Mr. Van Oot is on the Governor's Jobs Cabinet, a member of the Board of Trustees and Executive Committee for the Brattleboro Development Credit Corporation, a Visiting Professor of Environmental Law at Williams College, a former member of the Governor's Council of Environmental Advisors, a member of the Vermont Law School Environmental Law Center Advisory Board and a member of the Board of Trustees and Executive Committee of World Learning, Inc. Mr. Van Oot is a 1985 graduate of Georgetown University Law Center and graduated from Williams College with a B.A. in Political Science in 1978.
Robert H. Young is President, Chief Executive Officer and a member of the Board of Directors of Central Vermont Public Service. Mr. Young joined Central Vermont Public Service as Vice President of Finance and Administration in 1987. Mr. Young is also Chairman of the Board of Directors of Catamount Energy Corp and serves as Chairman of the Board of The Home Service Store. He is Chairman of the Board of Directors of Vermont Yankee Nuclear Power Corp., and is a director of Vermont Electric Power Corporation. In June 1997, Mr. Young was elected to the board of directors of the Edison Electric Institute, and in January of 2003, Governor James Douglas reappointed him to the Board of Trustees of the University of Vermont. Mr. Young is also a director of the Associated Industries of Vermont, a trustee of the Weston Playhouse, and in 2003 became a trustee of Mary Hitchcock Memorial Hospital/Dartmouth-Hitchcock Clinic. Mr. Young earned a bachelor's degree in political science from Beloit College and received his MBA in finance and general management from Stanford University.
Lisa M. Ventriss is President of Vermont Business Roundtable. From 1997 to 2002, Ms. Ventriss was President of the Vermont Captive Insurance Association, and from 1991 to 1997 was Director of Government Affairs, Lake Champlain Regional Chamber of Commerce. Ms. Ventriss is currently a Director of the Maine Mutual Group in Presque Isle, Maine and a Director of Champlain College, President of the Board of Trustees of the Lund Family Center and Chairman of the United Way of Chittenden County. She is a member of the University of Vermont Regional Board of Advisors and a Director of the Greater Burlington Industrial Corporation. Ms. Ventriss earned a Master of Public Administration degree (1991) and a B.A. in Political Science (1977) from the University of Vermont, and was a Fellow of Higher Education Resource Services at Wellesley College (1989).
Glen A. Wright was the Office Managing Partner at KPMG LLP from 1993 to 2002. From 1991 to 1992, Mr. Wright was the Partner-In-Charge of Quality Assurance and Operational Support of the U.S. Tax Practice at KPMG LLP in Washington, D.C. From 1987 to 1991, Mr. Wright was the Partner-In-Charge of the Tax Department of KPMG and from 1971 to 1987 he was a Tax Partner with P.F. Jurgs & Company. Mr. Wright currently serves as a board member of the Vermont Economic Progress Council and is Vice-Chairman of the Greater Burlington Industrial Corporation. He is a Board Member of Cynosure, Inc. and Chairman of The Town of South Hero Select Board. He formerly served on the boards of the Flynn Theatre for the Performing Arts, Vermont Business Roundtable and the Burlington YMCA. Mr. Wright graduated from Bentley College in 1971 with a B.S. in Accounting.
Chittenden is a full-service, Vermont-headquartered and managed bank providing a wide range of financial services and products to individuals, businesses and non-profit organizations. As the largest Vermont-based bank in the state, Chittenden offers 51 locations throughout Vermont. To find out more about Chittenden, visit our website at www.chittenden.com or call your local branch.