Berkshire Hills Bancorp, Inc. announced the election of Mary Anne Callahan to the board of directors of the company and its wholly-owned subsidiary Berkshire Bank effective September 13, 2023. Ms. Callahan has extensive investment banking expertise including advising bank clients on strategy, capital management and merger and acquisitions. Upon her election, Ms. Callahan was determined to be an independent director and appointed to the Compensation Committee and the Risk Management, Capital and Compliance Committee of the Board.

Ms. Callahan brings more than 35 years of investment banking expertise most recently as a Managing Director in the Financial Services Group at Piper Sandler Companies where her responsibilities included advising bank management and boards of directors in the Northeast region on a broad range of strategic and financial topics. Prior to joining Piper Sandler, she was a principal in Sandler O'Neill & Partners, L.P.'s investment banking group advising banks, thrifts and specialty finance companies and worked in the financial institutions group at Merrill Lynch and CIBC World Markets. Ms. Callahan holds a Master of Business Administration from the Wharton School of the University of Pennsylvania and a Bachelor of Arts from Wellesley College.