Eastern Bankshares directors Paul Connolly and Paul Spiess resign under age limits
Eastern Bankshares said two directors, Paul M. Connolly and Paul D. Spiess, resigned from the company's board and from the board of its subsidiary Eastern Bank, effective December 31, 2024, under the mandatory age limits in its Corporate Governance Guidelines. The filing says neither expressed any disagreement with the company on its operations, policies, or practices.
Key points
- Resignations effective December 31, 2024, under mandatory board age limits
- Connolly had been an Eastern Bank director since 2011 and served on the Audit and Nominating and Governance Committees
- Spiess had been an Eastern Bank director since 2014 and served on the Audit, Compensation and Human Capital Management, and Risk Management Committees
- Chair Robert F. Rivers thanked both directors and said they will retire
The filing
Written by AI on Nov 8, 2026, 1:05 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 January 07, 2025.
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.