Enterprise Bancorp, Inc. (EBTC) announced on Friday that Chief Executive Officer John Clancy will retire. Steven Larochelle, currently Enterprise Bank's Chief Banking Officer, will succeed him.
Post-retirement, Clancy will take on the role of executive advisor to the company.
Larochelle is also the Chairman of the Board of Directors for D'Youville Life & Wellness Community.
As of now, Enterprise Bancorp’s stock has decreased by 0.29 percent, trading at $24.11 on the Nasdaq.
