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AI brief of an SEC Form 8-K · Beacon Financial (BBT)

Berkshire Hills CFO Rosato to step down; Brbovic named CFO effective June 14, 2024

Neutral Impact 4 of 5 leadership Written later

Berkshire Hills Bancorp said CFO R. David Rosato will step down to pursue other interests, remaining with the company through June 14, 2024. Brett Brbovic, currently Chief Accounting Officer, will become Executive Vice President and Chief Financial Officer on June 14, 2024, and will also keep the Chief Accounting Officer role. The filing does not report any financial results or guidance tied to the change.

Key points

  • Rosato remains with the company through June 14, 2024 while his responsibilities transition to Brbovic.
  • Brbovic, 43, becomes EVP and CFO effective June 14, 2024, and continues as Chief Accounting Officer.
  • Brbovic's annual base salary as CFO will be $325,000, with severance rights under the Berkshire Bank Enhanced Change in Control Severance Plan.
  • Brbovic joined from KPMG LLP in 2012, has been Chief Accounting Officer since 2015, and served as interim CFO from October 7, 2022, to February 6, 2023.

The filing

CompanyBeacon Financial (BBT)
Form8-K, current report
Filed with the SECMay 14, 2024, 5:10 PM ET
Accession number0000943374-24-000177

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.