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Top Headlines

For Immediate Release
January 1, 2001

Contact:
E-mail: beryl@wolfenews.com

Beryl Wolfe
(207) 775-5115

Web Site: http://www.tdbank.com/

Banknorth Group Staff Promotions & Hires, Winter 2001, A - M

Banknorth Group, headquartered in Portland, Maine, is one of the country's 50 largest commercial banks with $18.2 billion in assets. Its Maine banking subsidiary, Peoples Heritage Bank, has the number one deposit market position in the state. The Company also operates leading banking subsidiaries in New Hampshire, Massachusetts, Vermont, north central Connecticut, and upstate New York. Banknorth Group and its banking affiliates also operate subsidiaries in insurance (Morse, Payson & Noyes Insurance and its subsidiaries), investments (Heritage Investment Planning Group), trust and money management services (The Stratevest Group), and leasing.


JUDITH ADAMS NAMED SENIOR VICE PRESIDENT AT BANKNORTH GROUP

Judith C. Adams has been promoted to senior vice president in the Human Resources Department at Banknorth Group, Inc. in Portland. As a human resources manager, she will continue to oversee the human resources function for Banknorth Group in Maine, including employee relations and recruiting.

Adams joined Banknorth Group in 1991 and has 10 years in banking, having served as a vice president, assistant vice president, officer and human resources representative.

A resident of Yarmouth, Adams serves on the Advisory Board at Andover College and is a member of the Human Resources Association of Southern Maine. She is a 1982 cum laude graduate of Bowdoin College in Brunswick. Originally from Thomaston, Adams is a 1978 graduate of Georges Valley High School.

# # #

SHEREE L. BEAUDETTE PROMOTED TO ASSISTANT VICE PRESIDENT AT BANKNORTH

Sheree L. Beaudette has been promoted to assistant vice president in the Commercial Department at Banknorth Group, Inc. in Portland. In her role as an application support analyst, she will continue to be responsible for the application development of commercial systems at the bank.

Beaudette joined Banknorth Group in 1997 and has previously served as an officer.

A resident of Springvale, Beaudette is a 1995 graduate of Boston College in Chestnut Hill, Mass. Originally from Sanford, she is a 1991 graduate of Sanford High School.

# # #

TERRY BROBST NAMED ASSISTANT VICE PRESIDENT AT BANKNORTH GROUP

Terry S. Brobst has been promoted to assistant vice president in the Commercial Department at Banknorth Group, Inc. in Portland. In her expanded role as project manager, she will plan processes and procedures for commercial administration throughout Banknorth and manage other projects as assigned.

Brobst joined Banknorth Group in 1997. She has held a variety of positions in commercial loan administration during her 16 years in banking.

A resident of Freeport, Brobst serves on the town's Residential Growth Management Committee. She is 1982 graduate of Colby College in Waterville. A native of Damariscotta, Brobst is a 1978 graduate of Lincoln Academy.

# # #

GARY A. CASSELMAN PROMOTED TO VICE PRESIDENT AT BANKNORTH GROUP

Gary A. Casselman has been promoted to vice president in the Technology Risk Management Department at Banknorth Group, Inc. in Lewiston. He will continue to be responsible for network security for the Banknorth Group holding company in his role as network security manager.

Casselman joined Banknorth Group in 1999. He has previously served as an assistant vice president and a Y2K project manager.

A resident of Harpswell, Casselman is a 1982 graduate of Oklahoma State University. in Stillwater, and received a master's in 1988 from City College, City University of New York in New York.

# # #

DAWN COURBRON NAMED OFFICER AT BANKNORTH GROUP

Dawn M. Courbron has been promoted to officer in the Information Security Department at Banknorth Group, Inc., in Lewiston. As a mainframe security analyst, she will continue to be responsible for the administration and programming of the mainframe security for all of Banknorth Group and its subsidiary banks.

Courbron joined Banknorth Group in 1998 and formerly served as an information security administrator and an information security assistant.

A resident of Auburn, Courbron is a 1993 graduate of Tennessee Temple University in Chattanooga, Tenn.

# # #

SUSAN COWARD PROMOTED TO SENIOR VICE PRESIDENT AT BANKNORTH

Susan C. Coward has been named senior vice president in the Electronic Banking Department at Banknorth Group in Lewiston. She will continue to be responsible for Banknorth's electronic delivery channels, including ATM, debit cards, and electronic funds transfer activities.

Coward joined Banknorth Group in 2000 and has 12 years in banking and systems management. She is a member of the FDR Debit Advisory Board and the EDS Advisory Board.

A resident of Portland, Coward is a 1973 graduate of the Nazareth College of Rochester in Rochester, New York.

# # #

RICHARD DEMPSEY PROMOTED TO EXECUTIVE VICE PRESIDENT AT BANKNORTH GROUP

Richard P. Dempsey has been promoted to executive vice president of the Marketing Department at Banknorth Group, Inc. in Portland. He will be responsible for marketing and product management for all Banknorth Group operations in six states.

Dempsey, who has more than 18 years in the banking and brokerage industries, joined Banknorth Group in 2000 as a senior vice president. His background includes marketing and communications for major financial firms in New York City and Princeton, N.J.

A resident of Kennebunk, Dempsey is a 1979 graduate of the University of Maine at Orono and a 1974 graduate of Kennebunk High School.

# # #

JOHN B. DEQUATTRO PROMOTED TO SENIOR VICE PRESIDENT AT BANKNORTH GROUP

John B. DeQuattro has been promoted to senior vice president in the Treasury Department at Banknorth Group, Inc. in Portland. He will continue to be responsible for managing subsidiary bank investment portfolios and wholesale funding.

DeQuattro joined Banknorth Group in 2000 and has eight years in banking. He previously served as a vice president and portfolio manager for another bank.

A resident of Scarborough, DeQuattro is a 1991 graduate of Tufts University in Medford, Massachusetts. He received an MBA in 1996 from Duke University in Durham, North Carolina.

# # #

GARY A. DONALDSON JR. NAMED ASSISTANT VICE PRESIDENT AT BANKNORTH GROUP

Gary A. Donaldson, Jr. has been promoted to assistant vice president in the Finance Department at Banknorth Group, Inc. in Portland. He will continue to provide financial analysis for presidents of Banknorth-affiliated banks in Maine, New Hampshire and Massachusetts in his role as a financial analyst.

Donaldson joined Banknorth Group in 2000 and previously served as an officer. He has more than 10 years of experience in accounting and finance.

A resident of Portland, Donaldson volunteers as a member of Sweetser's Kids at Heart program. He is 1988 graduate of Colby College in Waterville and in 1991 received a master's from Bentley College in Waltham, Mass. A native of Scarborough, Donaldson is a 1984 graduate of Scarborough High School.

# # #

WILLIAM EUGLEY PROMOTED TO ASSISTANT VICE PRESIDENT AT BANKNORTH

William G. Eugley has been promoted to assistant vice president in the Technology/Data Management Department at Banknorth Group, Inc. in Lewiston. He will continue to manage and be responsible for system analysis, design, programming, coding, testing, debugging, documenting, installing and user training on a variety of projects.

Eugley joined Banknorth Group in 1996 and formerly served as a database systems officer and a programmer/analyst manager.

A resident and native of Auburn, Eugley volunteers his expertise by providing database support at the Greater Androscoggin Humane Society. He is a 1986 graduate of the University of Maine in Augusta and a 1976 graduate of Edward Little High School in Auburn.

# # #

ELIZABETH FOSSETT NAMED ASSISTANT VICE PRESIDENT AT BANKNORTH GROUP

Elizabeth E. Fossett has been promoted to assistant vice president in the E-Commerce Development Department at Banknorth Group, Inc. in Portland. She will serve as the project manager and strategic developer for all online initiatives for Banknorth Group's commercial lines of business, including small business, cash management, commercial, government banking and business account customers.

Fossett joined Banknorth Group in 1999 and began in credit risk administration before joining e-commerce development. Prior to Banknorth, she spent more than 10 years in management, sales and marketing.

A resident of Gray, Fossett is a 1988 graduate of Babson College in Babson Park, Mass. A native of Augusta, she is 1984 graduate of Cony High School.

# # #

MAURICE GALLANT NAMED EXECUTIVE VICE PRESIDENT AT BANKNORTH

Maurice C. Gallant, Jr. has been promoted to executive vice president in the Audit Department at Banknorth Group in Lewiston. He will continue to oversee the Audit, Security and Reconciliation Control departments in his role as auditor.

Gallant joined Banknorth Group in 1991 and has 25 years in banking. He is a member of the Maine Society of Certified Public Accountants, and the Institute of Internal Auditors.

A resident of Gorham, Gallant volunteers as a financial consultant with VSA arts of Maine. He is a 1978 graduate of the University of Southern Maine. A native of Rumford, Gallant graduated from Rumford High School in 1970.

# # #

SHEILA A. GLEASON PROMOTED TO VICE PRESIDENT AT BANKNORTH GROUP

Sheila A. Gleason has been promoted to vice president in the Human Resources Department at Banknorth Group, Inc. in Portland. As the retirement benefits administrator, she will continue to administer the company retirement plans and handle government compliance and plan merger issues.

Gleason joined Banknorth Group in 1996 and has eight years in the retirement benefits field. She is a member of the Maine Employees Benefits Council.

A resident of Portland, Gleason is a 1992 graduate of St. Anselm College in Manchester, N.H. Originally from Madawaska, she is a 1988 graduate of Madawaska High School.

# # #

LARRY HUBERT PROMOTED TO OFFICER AT BANKNORTH GROUP

Larry P. Hubert has been promoted to officer in the Finance Department at Banknorth Group, Inc. in Portland. He will continue to serve as a liaison between the tax and accounting departments, responsible for all accounting aspects of the special purpose entities and various bank specific accounting activities.

Hubert joined Banknorth Group in 2000. He is a member of the American Institute of Certified Public Accountants and the Maine Society of CPA's.

A resident of Scarborough, Hubert is a 1994 graduate of Thomas College in Waterville. He is a member of the St. Maximilian Kolbe Church in Scarborough. A native of Shawmut, Hubert is a 1990 graduate of Lawrence High School.

# # #

LORI KIENIA PROMOTED TO VICE PRESIDENT AT BANKNORTH

Lori E. Kienia has been promoted to vice president in the ECommerce Development Department at Banknorth Group, Inc. in Portland. She is primarily responsible for managing and supporting the electronic delivery of the bank's investment and insurance business units, and also evaluates e-commerce opportunities for the company.

Kienia joined Banknorth Group in 2000 and previously served as an e-commerce segment leader. She has seven years of experience in the areas of e-commerce, project management, and marketing.

A resident of Saco, Kienia is attending the University of Southern Maine in Portland, nearing completion of a B.S. in business administration.

# # #

MICHAEL J. LANOIS PROMOTED TO OFFICER AT BANKNORTH GROUP

Michael J. Lanois has been promoted to officer in the Finance Division at Banknorth Group, Inc. in Portland. As a regulatory accountant, he will continue to be responsible for preparing regulatory reports for all Banknorth Group companies.

Lanois joined Banknorth Group in 1993 and has more than 19 years in banking. He has served previously as a senior electronic data processing auditor with Peoples Heritage Bank, a Banknorth subsidiary.

A resident of Lewiston, Lanois is a 1992 graduate of the University of Maine at Augusta and in 1998 received an MBA from New Hampshire College in Manchester, N.H.

# # #

VICTORIA LARSON PROMOTED TO VICE PRESIDENT AT BANKNORTH

Victoria M. Larson has been named vice president in the Technology Department at Banknorth Group, Inc. in Lewiston. She will continue in her role as senior project manager for retail banking.

Larson joined Banknorth Group in 2000. She serves as treasurer for the Maine chapter of the Project Management Institute and is a member of the Professional Association of Diving Instructors.

A resident of Auburn, Larson is a 1988 graduate of the Naval Post Graduate School in Monterey, California. She teaches project management as a member of the adjunct faculty at the University of Southern Maine Lewiston/Auburn Campus.

# # #

JOANN LEON PROMOTED TO SENIOR VICE PRESIDENT AT BANKNORTH

JoAnn E. Leon has been promoted to senior vice president in the Corporate Retail Operations Department at Banknorth Group in Portland. She will continue to be responsible for maintaining effective operations, policies, procedures and systems used by 285 branches in Banknorth Group.

Leon joined Banknorth Group in 1985 and formerly served as a training coordinator and an operations manager at Peoples Heritage Bank, a Banknorth subsidiary. She serves on the Alzheimer's Association Finance Committee.

A resident of Scarborough, Leon in 1999 received a master's from Husson College in South Portland. A Warren native, she is a 1983 graduate of Medomack Valley High School.

# # #

ALYSON I. LEWIS PROMOTED TO VICE PRESIDENT AT BANKNORTH GROUP

Alyson I. Lewis has been promoted to vice president in the eCommerce Department at Banknorth Group, Inc. in Portland. As e-commerce consumer segment leader, she is responsible for developing electronic delivery products offered by Banknorth Group.

Lewis joined Banknorth Group in 1996 and has eight years in banking. A resident of Biddeford, she is a 1993 graduate of Bentley College in Waltham, Mass.

# # #

MARK MALONEY NAMED ASSISTANT VICE PRESIDENT AT BANKNORTH GROUP

Mark A. Maloney has been promoted to assistant vice president in the Human Resources Department at Banknorth Group, Inc. in Portland. As a human resources employment representative, he will continue to support the Southern Region Retail Division, branch operations and direct banking.

Maloney joined Banknorth Group in 1999 and formerly served as an officer.

A resident of Portland, Maloney is a volunteer with the Portland North Little League, Little Ladd Football and Cheering of Greater Portland and the Cheverus High School Parent's Organization. He is a 1972 graduate of Deering High School in Portland.

# # #

CAROL MORRISON NAMED SENIOR VICE PRESIDENT AT BANKNORTH GROUP

Carol L. Morrison has been promoted to senior vice president in the Commercial Appraisal Department at Banknorth Group, Inc. in Portland. Her department will continue to approve collateral value for all commercial loans secured by real estate, and also be responsible for environmental risk management. Her responsibilities encompass all banks in Banknorth Group.

Morrison joined Banknorth in 1996 and has 14 years in banking. She formerly served as a vice president at Banknorth, and as Commercial Appraisal Manager with another Maine bank. Morrison is a candidate member of the Appraisal Institute.

A resident of Portland, Morrison serves as a volunteer with Big Brothers/Big Sisters. She is a graduate of the University of Maine at Orono and Hampden Academy in Hampden, Maine.

# # #


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