Passumpsic Savings Bank president Peter Crosby and nationally recognized entrepreneur and Garth Moulton have been elected to the St. Johnsbury Academy Board of Trustees, Academy Headmaster Tom Lovett announced today.
“We are fortunate that two men with such outstanding experience have agreed to serve on our Board. Peter’s financial expertise and Garth’s entrepreneurial vision will help guide us through these tough economic times. Beyond their principal areas of expertise, both men have a commitment to education, particularly in the Northeast Kingdom, and I look forward to working with them as we chart our strategic course forward,” said Lovett.
A member of the Academy’s Class of 1968, Crosby joined the Passumpsic Bank in 1973 after graduating from Colby College, in Waterville, Maine, and has served as its president and chief executive officer since 1999.
He also currently serves as a board member for Federal Home Loan Bank of Boston, Blue Cross/Blue Shield of Vermont, and Economic Development Fund of Northern Vermont Regional Hospital (NVRH), and member of the Lyndon State College Business Advisory Board.
Earlier, Crosby served as a trustee for several local, state and regional institutions and organizations, including NVRH, the Fairbanks Museum and Planetarium, St. Johnsbury Athenaeum, Northeast Kingdom Youth Services Inc., St. Johnsbury Chamber of Commerce, and New England Insurance Trust.
He also served as member of the New England Mortgage Insurance Exchange Subscribers Advisory Committee and Vermont Bankers Association Executive Council, director and vice president of Vermont Bank Service Corp., director and member of the Institute of Certified Bankers Inc. Executive Committee, chairman of the Vermont Bankers Association and Vermont Group of RMA, St. Johnsbury School Board, and St. Johnsbury Recreation Department Committee.
Moulton, a 1988 Academy graduate, is co-founder of OtherScreen, a Charlotte, N.C technology and media firm launched earlier this year.
After graduating from Brown University, in Providence, R.I. in 1992, he served 11 years in technology sales positions, and then co-founded Jigsaw.com, a California-based firm that represented the first on-line marketplace for sharing business contact information in 2004. Sold to Salesforce.com last year, Jigsaw offers the world’s largest database of up-to-date, downloadable and complete contact information, providing over a million users a directory of more than 25 million business contacts, including e-mail addresses and current phone numbers, with over 36,000 new contacts added daily.
His mother, Lucille (Pickles) Haworth, was an Academy English teacher from 1962-1969.
“Peter and Garth bring proven success in the areas of finance and strategic vision to the Academy Board, both essential needs as we address the strategic thinking and planning required to face the ever-changing challenges in delivering effective and cost-efficient.