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News

May 13, 2025Blog | Member News, Financial Services

Bank of Canton names new leaders in advance of CEO retirement

(photo via Bank of Canton).

New England Council member, Bank of Canton, recently named a successor for its president and CEO, Stephen Costello. Costello is set to retire in July after 33 years at the company. Following retirement, Costello will join the bank’s board of directors.

Michael Lindberg, the company’s executive vice president, will succeed Costello. Several other leadership roles were also announced, including Christopher Lake as executive vice president/chief financial officer/chief operating officer, and Nancy Curry as senior vice president/senior lending officer.

“I am extremely confident that these promotions put Bank of Canton’s future into very capable hands. Our commitment to our customers, our employees, our success and our mutual status will remain unchanged under their leadership,” said Costello.

The New England Council congratulates Bank of Canton, Stephen Costello, and Michael Lindberg on these appointments.

Read more in Bank of Canton’s press release and in the Boston Business Journal.

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