McCarthy named Fidelity Bank's new president, COO
PHOTO/COURTESY
Christopher McCarthy
Christopher W. McCarthy of Holden has been named president and COO of Fidelity Bank, succeeding current COO John Merrill.
Fidelity Bank Chairman and CEO Edward Manzi made the announcement in a statement Thursday.
McCarthy, who has served on the board of directors for the Leominster-based bank, begins his new role Oct. 5.
He brings more than 20 years of experience at several community and regional banks, including TD Bank, Enterprise Bank, Banknorth and Safety Fund National Bank, the statement said.
Merrill, bank president since 2010, announced several months ago that he was planning a career change beginning in June 2016, the statement said.
“When John Merrill came to me and expressed a readiness to embark on the next chapter of his career, all I could think about was how we would ever find someone to fill his extra-large shoes,” Manzi said in the statement. “We’re fortunate to have found that person in Chris, who has been right here within our own ranks, serving as a member of the Fidelity Bank Board of Directors since 2013.”
Manzi said McCarthy and Merrill will work together during an extended transition period, “allowing for a smooth handoff of leadership responsibilities.”
Further, the statement from Manzi said that because of the growth and increasing complexity of the bank – which recently announced a planned merger with Barre Savings Bank – Merrill’s role will be replaced by not only Chris McCarthy, but also, a second individual, to be hired, who will serve as the Bank’s senior lender. That search is now underway.
McCarthy received a bachelor’s degree and MBA from Nichols College in Dudley, where he remains active, serving as co-chair of the Nichols College President’s Society and a member of the College’s Business Advisory Board.
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