Richard J. Gavegnano, President, CEO and Chairman of Meridian Bancorp, Inc. and East Boston Savings Bank (EBSB) announces the elections of Carl LaGreca to Lead Director and Peter Scolaro to the Board of Directors for both Meridian Bancorp, Inc. and East Boston Savings Bank.
Mr. LaGreca’s succeeds Richard F. Fernandez, who served as Lead Director since 2015 and as a member of the Board since 2007. Mr. LaGreca will continue to serve as a member of Meridian Bancorp’s Audit Committee, a position he has held since 2009. The Lynnfield resident is a Certified Public Accountant at DiCicco, Gulman & Company, LLP of Woburn. A graduate of Merrimack College, he also received a Master’s Degree in Taxation from Bentley College where he was awarded the Samuel Wolpe Memorial Award given to the outstanding student in the graduate tax program.
“Carl’s proven leadership as a member of the Audit Committee and his commitment to supporting the strategies and goals of Meridian Bancorp and East Boston Savings Bank are an asset for the success of EBSB. He brings strong governance and influence while working with the Board in elevating the Bank’s presence in our marketplace,” said Gavegnano.
Mr. Scolaro, who has been affiliated with EBSB since 1984 as both corporator and trustee, is a Northeastern graduate and is the Director of Property Services for Action for Boston Community Development (ABCD). An East Boston resident, Mr. Scolaro continues to maintain long-standing relationships with community business and non-profit organizations in East Boston such as the East Boston Rotary Club, Salesian Boys & Girls Club, EB Yacht Club, EB Social Centers and EB Harbor Side Community Center.
“We are excited to benefit from Peter’s thirty-four year affiliation with EBSB and his experience with ABCD preparing budgets and overseeing property and construction management and his many years of service to the East Boston community. His understanding of budgeting, finance and corporate strategy will enhance the board and we greatly look forward to his contributions” said Gavegnano.