Northfield Savings Bank has announced that their President and CEO, Thomas S. Leavitt, will be retiring in early autumn 2025. Leavitt has been with NSB since October 1, 2014 and has overseen significant growth during his tenure. NSB Chair of the Board of Trustees, John W. Lyon, praised Leavitt for his leadership and vision, stating that he has made the company and the community stronger.
Leavitt expressed his gratitude for the opportunity to serve NSB and the community, and looks forward to the next chapter in his life. The Board of Trustees has already established a CEO Search Committee to find Leavitt’s successor, with the goal of appointing NSB’s 15th president in the second half of 2025.
Northfield Savings Bank, the largest bank headquartered in Vermont, has been serving the community since 1867. NSB remains a mutual institution focused on making a positive impact in the Green Mountain State. The bank offers a wide range of products and services for both commercial and personal banking customers.
The retirement of Thomas S. Leavitt marks the end of an era at Northfield Savings Bank, but also signals the beginning of a new chapter for the company. The search for a new president will be a crucial step in ensuring that NSB continues to thrive and serve the community for years to come.
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