Washington Trust Bancorp, Inc. Announces Management Changes
April 29, 2020 at 06:34 pm
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Washington Trust Bancorp, Inc. at its annual meeting of shareholders held on April 28, 2020, elected Sandra Glaser Parrillo, President and Chief Executive Officer of The Providence Mutual Fire Insurance Company as a new member of the Corporation's Board of Directors and will serve for a term ending in 2023; Parrillo was also appointed to the Board's Audit Committee. John F. Treanor, retired after serving for nineteen yearson the Corporation's board and the board of The Washington Trust Company. Treanor has served as the Washington Trust's President and Chief Operating Officer from 1999 to 2009. H. Douglas Randall III, Chief Executive Officer for Randall Realtors, retired from the board of both Washington Trust Bancorp, Inc. and The Washington Trust Company after twenty years of service.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.