Succession planning

Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture.

Rheo Brouillard, the head of SI Financial, finally had a solid offer in hand after more than two years of searching for a buyer. But the resignation 10 days later of the man who made him that offer — Berkshire Hills’ Michael Daly — sent Brouillard scrambling.

The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash as president and CEO in late December.

John Milleson, who has led the company for 20 years, will retire after his successor is in place.

Housing and auto sales are just the first sectors to feel pain from rising rates; BlackRock may have identified its next CEO.