2017 Board of Directors
Front row from left to right: Edward F. Jankowski, Linda Whitlock, Denis K. Sheahan, Cathleen A. Schmidt, Sarah G. Green
Back row from left to right: Anne M. Thomas, David C. Warner, Hambleton Lord, Jeanette G. Clough, Leon A. Palandjian, R. Gregg Stone, Donald T. Briggs, Susan R. Windham-Bannister, Ph.D.


Denis K. Sheahan, CEO & Mark D. Thompson, President of Cambridge Trust
Cambridge Trust Chairman and CEO Denis K. Sheahan and Mark D. Thompson President and Director

Officers & Directors

Senior Management

Denis K. Sheahan
Chairman & Chief Executive Officer
Mr. Sheahan serves as CEO of the Company and of Cambridge Trust. Prior to joining the Company in 2015, Mr. Sheahan spent 19 years at Independent Bank Corp. and Rockland Trust in various capacities including Chief Operating Officer, Chief Financial Officer, and Controller. He has served as a Director of the Company and of Cambridge Trust since 2015. The Board has determined that Mr. Sheahan is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust and his extensive experience in many areas of banking and financial services. Mr. Sheahan has experience in positions of executive leadership at publicly traded companies and knowledge of the communities that the Company serves.
Mark D. Thompson
President
Mr. Thompson serves as President of Cambridge Trust and oversees the Company’s private banking activities including wealth management, consumer banking and marketing. Mr. Thompson has also served as a Director since he joined Cambridge Trust in September 2017. Prior to joining Cambridge Trust, Mr. Thompson spent 22 years at Boston Private Bank & Trust Company in various capacities including Chief Executive Officer. Prior to joining Boston Private Bank & Trust, Mr. Thompson was an Executive Vice President and founding officer at Wainwright Bank & Trust Company.
Lynne M. Burrow
Executive Vice President & Chief Information Officer
Ms. Burrow joined Cambridge Trust in 1998 as Senior Vice President and Chief Information Officer. In 2006, Ms. Burrow was promoted to Executive Vice President and Chief Information Officer. In 2016, Director of Strategy and Planning was added to her responsibilities. Prior to joining the Bank, Ms. Burrow spent 20 years at Fleet/Shawmut National/Connecticut National/Shawmut/Fidelity Trust where she was responsible for Information Technology and Bank Operations.
Michael F. Carotenuto
Senior Vice President & Chief Financial Officer
Mr. Carotenuto has been the Chief Financial Officer and Treasurer of Cambridge Trust since November 2016. Mr. Carotenuto most recently served as Senior Vice President, Director of Treasury and Internal Reporting at Belmont Savings Bank since 2011. Prior to that he worked at People’s United Financial, Inc. as an Accounting Policies Advisor and was on the Risk Advisory Services staff at Ernst & Young, LLP. Mr. Carotenuto is a Certified Public Accountant and he also serves as Secretary of the Company and of Cambridge Trust.
Thomas A. Johnson
Executive Vice President & Consumer Banking Director
Mr. Johnson joined Cambridge Trust in 2001 as Branch Administrator. In 2006 Mr. Johnson was promoted to Senior Vice President, Consumer Banking Director and became Executive Vice President in 2014. Prior to joining Cambridge Trust, Mr. Johnson spent 19 years at BayBank/BankBoston/Fleet, responsible for retail banking, consumer lending, and facilities.
Martin B. Millane Jr.
Executive Vice President & Chief Lending Officer
Mr. Millane joined Cambridge Trust in 2004 as Senior Vice President, Commercial Real Estate. In 2010 he became Senior Vice President, Senior Lending Officer and was promoted to his current role of Executive Vice President, Chief Lending Officer in 2014. Prior to joining Cambridge Trust, Mr. Millane was a Senior Vice President in Commercial Lending at Century Bank.
Jennifer A. Pline
Executive Vice President & Head of Wealth Management
Ms. Pline joined Cambridge Trust in 2017 and serves as Executive Vice President, and Head of the Company’s Wealth Management Group. Prior to joining Cambridge Trust Ms. Pline worked as Managing Director, Chief Trusts & Gifts Officer at Harvard Management Company since 2005. Prior to that she worked at Standish Mellon Asset Management as the Director of Client Service and was a vice president at Standish, Ayer & Wood, Inc. Ms. Pline is a Chartered Financial Analyst.
Pilar Pueyo
Senior Vice President & Human Resources Director
Ms. Pueyo joined Cambridge Trust in 2016 as Senior Vice President, and Director of Human Resources. Prior to joining Cambridge Trust, Ms. Pueyo spent 17 years at Boston Private Bank and Trust Company where she was responsible for the delivery and execution of Human Resources strategy, programs, and services to support its business strategy.
Jennifer M. Willis
Senior Vice President & Chief Marketing Officer

Board of Directors

Donald T. Briggs
Mr. Briggs is the President of Federal Realty Investment Trust (the “Trust”), a publicly traded real estate investment trust, which position he has held since 2009. In this capacity, Mr. Briggs is responsible for managing the Trust’s national pipeline of large scale development and leading the Trust’s office in New England. Mr. Briggs also serves as a member of the Trust’s Investment and Executive Committees. Mr. Briggs has served as a Director of the Company and of Cambridge Trust since 2013. The Board has determined that Mr. Briggs is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust including his service on numerous Board Committees, his experience as a member of the executive management team of a publicly traded company, his knowledge of the real estate industry, and his familiarity with the communities that the Company serves.
Jeanette G. Clough
Since November 1998, Ms. Clough has served as the Chief Executive Officer and President of Mount Auburn Hospital. Ms. Clough has served as a Director of the Company and of Cambridge Trust since 2008. The Board has determined that Ms. Clough is qualified to serve as a Director based upon her prior service as a Director of the Company and of Cambridge Trust including her service on numerous Board Committees, her experience as Chief Executive Officer of a large healthcare organization, and her knowledge of the communities in the Company’s market area.
Sarah G. Green
Before her retirement in 2013, Ms. Green was the Chief Operating Officer at the Federal Reserve Bank of Richmond for seven years. Prior to that, Ms. Green was an Executive Officer at the Federal Reserve Bank of Boston for 28 years. Ms. Green has served as a Director of the Company and of Cambridge Trust since 2014, and she is currently Chair of the Audit Committee. The Board has determined that Ms. Green is qualified to serve as a Director based upon her prior service as a Director of the Company and of Cambridge Trust including her service on numerous Board Committees and her leadership of director education activities, her experience as an executive at the Federal Reserve System, her knowledge of payments systems, and her broad experience in serving on non-profit boards.
Edward F. Jankowski
Before his retirement in 2015, Mr. Jankowski held many roles during his 16 years at Independent Bank Corp. and Rockland Trust, a Massachusetts commercial bank, including Senior Vice President, Residential Lending and Corporate Compliance, Chief Technology and Operations Officer, Chief Risk Officer and Chief Internal Auditor. Before joining Rockland Trust Mr. Jankowski served as SVP of North Shore Bank, and SVP at Multibank Service Corp., a subsidiary of Multibank Financial Corp. Mr. Jankowski is a Certified Public Accountant. Mr. Jankowski has served as a Director of the Company and of Cambridge Trust since 2016. The Board believes that Mr. Jankowski is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust including his service on numerous Board Committees, his knowledge of banking regulation and risk management, his training as a CPA, and his experience as an executive of a publicly traded organization in the banking and finance industry.
Hambleton Lord
Mr. Lord has over 30 years’ experience in the software industry founding and building industry leading companies. Since 2002, he has been the Managing Director of Launchpad Venture Group, a Boston-based angel investor group that focuses on seed stage technology companies. He manages the group’s deal flow, due diligence, and investing activities. He is also the Co-Founder of Seraf, a software company that develops professional portfolio management tools for investors in early stage companies. Mr. Lord has served as a Director of the Company and of Cambridge Trust since 2012 and currently serves as Chair of the Compensation Committee. The Board has determined that Mr. Lord is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust including his service on numerous Board Committees, his experience as an angel investor, his knowledge of the software industry and innovation economy in Massachusetts, and his knowledge of the business communities in the Company’s market area.
Leon A. Palandjian
Dr. Palandjian is the Chief Risk Officer of Intercontinental Real Estate Corporation, a national real estate investment, development, and management firm headquartered in Boston, MA. His investment experience spans venture capital, private and public equity, in the life science and real estate sectors. Dr. Palandjian has served as a Director of the Company and of Cambridge Trust since 2006 and was Lead Director from 2014 until January 2017. The Board has determined that Dr. Palandjian is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust including his service on numerous Board Committees, his extensive experience in equity investment and finance, his CFA qualification, and his knowledge of the communities in the Company’s market area.
Cathleen A. Schmidt
Since 2013, Ms. Schmidt has served as Executive Director and CEO at McLane Middleton Professional Association, a full service law firm with headquarters in Manchester, New Hampshire. Prior to that she spent six years as President and CEO of Citizen’s Bank New Hampshire/Vermont. She has served as a Director of the Company and of Cambridge Trust since 2016. The Board has determined that Ms. Schmidt is qualified to serve as a Director based upon her prior service as a Director of the Company and of Cambridge Trust including her service on numerous Board Committees. In addition, Ms. Schmidt brings to the Board her experience in executive management of a large regional bank, expertise in retail banking, and knowledge of the New Hampshire market.
Denis K. Sheahan
Chairman
Mr. Sheahan serves as CEO of the Company and of Cambridge Trust. Prior to joining the Company in 2015, Mr. Sheahan spent 19 years at Independent Bank Corp. and Rockland Trust in various capacities including Chief Operating Officer, Chief Financial Officer, and Controller. He has served as a Director of the Company and of Cambridge Trust since 2015. The Board has determined that Mr. Sheahan is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust and his extensive experience in many areas of banking and financial services. Mr. Sheahan has experience in positions of executive leadership at publicly traded companies and knowledge of the communities that the Company serves.
Robert Gregg Stone III
Mr. Stone serves as Manager of Kestrel Management, LLC, through which he manages venture capital and family investments. He has worked in the investment industry since 1986 when he joined Pell, Rudman & Co., Inc. as a Vice President from the law firm Hemenway & Barnes. Mr. Stone has served on the boards of a number of private companies and charities. Mr. Stone has served as Director of the Company and of Cambridge Trust since 2009. The Board has determined that Mr. Stone is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust including his service on numerous Board Committees, and his strong background in investment management and venture capital.
Anne M. Thomas
Before her retirement in 2012, Ms. Thomas was Special Counsel for the City of Somerville for 19 years. Prior to that, Ms. Thomas had a private law practice which originated in Harvard Square in 1975 and included representation of numerous Cambridge businesses and nonprofit organizations. Ms. Thomas has served as a Director of the Company and of Cambridge Trust since 1979, including as Chair or member of most of the Board Committees. The Board has determined that Ms. Thomas is qualified to serve as a Director based upon her prior service as a Director of the Company and of Cambridge Trust including her service on numerous Board Committees, her mature business judgment, her inquisitive and objective perspective, her legal experience, and her familiarity with the communities that the Company serves.
Mark D. Thompson
Mr. Thompson serves as President of Cambridge Trust and oversees the Company’s private banking activities including wealth management, consumer banking and marketing. Mr. Thompson has also served as a Director since he joined Cambridge Trust in September 2017. Prior to joining Cambridge Trust, Mr. Thompson spent 22 years at Boston Private Bank & Trust Company in various capacities including Chief Executive Officer. Prior to joining Boston Private Bank & Trust, Mr. Thompson was an Executive Vice President and founding officer at Wainwright Bank & Trust Company.
David C. Warner
Lead Director
Mr. Warner has been a partner of J.M. Forbes & Co., a private investment advisory and trust office located in Boston, since 1989. Mr. Warner leads investment activity at the firm. Mr. Warner has served as a Director of the Company and of Cambridge Trust since 1999, and he currently serves as Lead Director. The Board determined that Mr. Warner is qualified to serve as a Director based upon his prior service as a Director of the Company and of Cambridge Trust including his service on numerous Board Committees, and his knowledge and experience as an executive in the investment management industry and banking.
Linda Whitlock
Ms. Whitlock founded (in 2010) and is a Principal of The Whitlock Group, a management and strategy consulting firm. Previously, Ms. Whitlock was President and Chief Executive Officer of Boys & Girls Clubs of Boston from 1999 to 2008. Ms. Whitlock has served as a Director of the Company and of Cambridge Trust since 2002, and was the Company’s first Lead Director from 2011 until 2014. She chaired the recent search for a new chief executive of the Company, and is currently Chair of the Governance Committee. The Board believes that Ms. Whitlock is qualified to serve as a Director based upon her prior service as a Director of the Company and of Cambridge Trust including her service on numerous Board Committees, her experience as a Chief Executive Officer, and her extensive governance experience on the boards of public and private companies and charitable organizations based in the Company’s market area.
Susan R. Windham-Bannister
Dr. Windham-Bannister is Managing Partner of Biomedical Innovation Advisors LLC and President and CEO of Biomedical Growth Strategies LLC, where she has served since May 2015. Prior to that she had served as the founding President and CEO of the Massachusetts Life Sciences Center since July 2008, overseeing a $1 billion investment to accelerate the pace of growth in pharmaceuticals, biotechnology, medical devices, medical diagnostics, and bioinformatics industries in Massachusetts. Dr. Windham-Bannister has served as a Director of the Company and of Cambridge Trust since 2016. The Board has determined that Dr. Windham-Bannister is qualified to serve as a Director based upon her prior service as a Director of the Company and of Cambridge Trust