Financial Services >> CEO Interviews >> August 2, 1999

Joseph L. Boutin – Merchants Bancshares Inc (mbvt)

JOSEPH L. BOUTIN is currently President and CEO of Merchants Bank and Merchants Bancshares, Inc. Prior to his October 24, 1994 appointment, he had been with the Howard Bank, a subsidiary of Banknorth Group, Inc. for 25 years. He served as its President and CEO from 1989 to 1994. His experience includes work in audit, human resources, branch administration and commercial lending. He has been extremely active in many community and banking organizations. These include: Trustee (Chair), Vermont Student Assistance Corporation, Winooski, VT; Trustee, Vermont Public Radio, Coichester, VT; Trustee, General Education Foundation, Burlington, VT; Former Director, Fletcher Allen health Care, Burlington, VT; Former Trustee, United Way of Cittenden County; Former Director and Treasurer, Greater Burlington Industrial Corporation; Former Director, Rutland Regional Medical Center; National Banking Advisor, American Bankers Association, 1982-1988; Former Director (Chair), Vermont Achievement Center, Rutland VT; Former Director, President Rutland Industrial Development Corporation; and Former Director, President, Howard Mental Health, Inc. Mr. Boutin graduated from St. Michael's College in 1969 with a B.A. degree in economics and served in the United States Army. He is married and has four children. Profile
TWST: Can you give us a brief overview of Merchants Bancshares and a

little bit of the company's history to set the stage for the readers?

Mr. Boutin: Actually, this year we are celebrating