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Stock Market & Financial Investment News

News Breaks
February 15, 2013
13:20 EDTSALSalisbury Bancorp CFO B. Ian McMahon to resign
Salisbury Bancorp disclosed in a regulatory filing that effective March 1, B. Ian McMahon will resign from his position as the chief financial officer and chief accounting officer of Salisbury Bancorp. McMahon will resign to pursue another career opportunity. McMahon’s resignation is not the result of any disagreement with Salisbury on any matter relating to Salisbury’s operations, policies or practices. Effective March 1, the boards of Salisbury and the bank have appointed Richard J. Cantele, president and chief executive officer of Salisbury and the bank to serve as the chief financial officer and chief accounting officer of the company and the bank on an interim basis until the board announces a permanent replacement.
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