Financial Services >> CEO Interviews >> February 26, 2001

Peter Verrill – Banknorth Group Inc (bkng)

PETER J. VERRILL is Senior Executive Vice President and Chief Operating Officer of Banknorth Group, Inc. Mr. Verrill, a Certified Public Accountant, has held similar positions at the company and its predecessor banks for the past 25 years. From 1988 to 1996, Mr. Verrill served as Executive Vice President, Treasurer and CFO of the company and its lead bank, Peoples Heritage Bank. Effective January 1, 1996 he took on the additional role of Chief Operating Officer of both the company and the lead bank. Beginning in 1997 Mr. Verrill has worked exclusively for the company. His current responsibilities at the company include management of all financial matters, mergers and acquisitions, strategic planning, asset/liability management, risk management and information technology. Mr. Verrill began his career as an Accountant with the firm of Ernst & Young, where he became a Senior Accountant and Supervisor. He is a graduate of the University of Southern Maine with a BS Degree in Business Administration with an Accounting major. Mr. Verrill is a Director and Chairman of the Board for The Cromwell Disabilities Center; a Director and Treasurer of TrainRiders Northeast; a Director of the Pine Tree Council Boy Scouts of America; and a Director of The Ronald McDonald House. He is a former Director of the United Way of Greater Portland and a Founding Member of the United Way Foundation. He is also a member of the Maine Society of Public Accountants and the American Institute of Certified Public Accountants. Profile
TWST: Could you give a brief overview of Banknorth Group?

Mr. Verrill: Banknorth Group is an $18 plus billion holding company,

located primarily in the New England and upstate New York