This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
Board Change At Butterfield Bank
Hamilton, Bermuda, July 25, 2006 -- After ten years on the Board of Directors, Sheila Manderson will retire on Monday, July 31, 2006. Mrs. Manderson said she had been privileged to be part of the Bank's significant success in recent years, and she expressed sincere appreciation for the support she received from employees at all levels throughout her tenure. She said serving the Bank on the Board of Directors had been an experience of a lifetime and she would miss the Bank after she left Bermuda. Dr. James King, Board Chairman, said "Mrs. Manderson has achieved a high level of attendance and contribution to the Board's deliberations, and her wise guidance and support will be missed."
The Board of Directors has filled the vacancy by the appointment of a new director, Pauline D. Richards. Ms. Richards is a Director and Audit Committee Chair of NYSE-listed conglomerate Cendant Corporation and formerly acted as chief financial officer for a number of Bermuda-based financial services companies. She is also Director of Development of Saltus Grammar School. Dr. King said "We are delighted to welcome Pauline Richards to the Board."