Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58% 
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions 
OpenAI Addresses Security Vulnerability in macOS App Certification Process 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts 
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization 
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave 
LAKEVILLE, Conn., Feb. 01, 2016 -- Salisbury Bancorp, Inc. (“Salisbury”), (NASDAQ:SAL), the holding company for Salisbury Bank and Trust Company (the “Bank”), announced that James E. Cotter was appointed to serve as Executive Vice President and Chief Operating Officer of the Bank effective January 29, 2016.
“We are very pleased to welcome Jim to our executive management team,” said Rick Cantele, President and Chief Executive Officer. “Jim’s experience and qualifications serve to strengthen an already talented management team. The depth that Jim adds to our team will allow us to more effectively execute our strategic plan and adds value to our franchise.”
Prior to this appointment, Mr. Cotter served as Executive Vice President and Chief Operating Officer of Naugatuck Valley Savings and Loan from May 2013 until January 2016. Prior to that, he served as Senior Vice President at Newtown Savings Bank from February 2006 to May 2013 and as Senior Vice President at Fairfield County Bank from January 2000 to February 2006. In such prior positions, Mr. Cotter was responsible for oversight of Retail Banking, Deposit Operations, Investment Sales, Marketing, Security, Facilities, and IT.
Mr. Cotter, age 55, earned his Bachelor’s degree in Finance from the University of Connecticut, and his MBA in Accounting from the University of New Haven. He was previously a registered Certified Public Accountant in the State of Connecticut.
He resides in Bethlehem, CT with his wife and family.
Forward-Looking Statements
Statements contained in this news release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and expectations of management as well as the assumptions and estimates made by management using information currently available to management. Since these statements reflect the views of management concerning future events, these statements involve risks, uncertainties and assumptions, including among others: changes in market interest rates and general and regional economic conditions; changes in government regulations; changes in accounting principles; and the quality or composition of the loan and investment portfolios and other factors that may be described in Salisbury’s quarterly reports on Form 10-Q and its annual report on Form 10-K, each filed with the Securities and Exchange Commission, which are available at the Securities and Exchange Commission’s internet website (www.sec.gov) and to which reference is hereby made. Therefore, actual future results may differ materially from results discussed in the forward-looking statements.
Salisbury Contact: Richard J. Cantele, Jr., President and Chief Executive Officer 860-435-9801 or [email protected]
