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Stock impact report

Butterfield Announces Management Changes as COO Steps Down

Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares (NTB) 
Last bank of n.t. butterfield & son limited (the) voting ordinary shares earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: butterfieldgroup.com
Company Research Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)-- The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH)(NYSE: NTB) today announced that Daniel Frumkin, Group Chief Operating Officer, has informed the Bank of his decision to step down from his post, effective immediately. Mr. Frumkin has agreed to continue to be available to the Bank’s senior management to ensure a seamless transition. As a result of this departure, Michael Neff, Managing Director Bermuda, will lead the Company’s international trust business and Richard Saunders, Managing Director Channel Islands, will assume responsibility for international corporate banking. Michael McWatt, Managing Director Cayman Islands, will manage operations for Bermuda and Cayman. Finally, Michael Schrum, Group Chief Financial Officer, will oversee corporate development and information technology. Michael Collins, Butterfield's Chairman Show less Read more
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