Washington Trust Bancorp, Inc. Announces Board Changes
April 25, 2024 at 03:33 pm EDT
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On April 23, 2024, John J. Bowen, Steven J. Crandall, and Joseph J. MarcAurele retired from the Board of Directors of Washington Trust Bancorp, Inc. The Corporation's corporate governance guidelines, consistent with the By-laws, require any director who attains age 72 to resign from the Board of Directors as of the Annual Meeting of Shareholders following such director's 72nd birthday. Mr. Bowen, Mr. Crandall and Mr. MarcAurele, reached age 72 prior to the 2024 Annual Meeting of Shareholders.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.
WASHINGTON TRUST BANCORP, INC. 
