EASTERN BANKSHARES INC (EBC)
Sector: Financials
Sector: Financials
EASTERN BANKSHARES INC - Executive Compensation
Chief Financial Officer
Executive Compensation
R. David Rosato serves as the Chief Financial Officer of Eastern Bankshares, Inc., the holding company for Eastern Bank, a leading community bank in the greater Boston area. With over 25 years of experience in financial services, Rosato joined Eastern Bank in 2018 as Executive Vice President and CFO, bringing expertise from senior roles at major institutions. Prior to Eastern, he held progressive finance leadership positions at Citizens Financial Group, including Managing Director and Head of Corporate Finance, where he oversaw financial planning, capital management, and investor relations for the bank's commercial banking division. Earlier in his career, Rosato worked at Bank of America Merrill Lynch in various treasury and finance capacities, honing his skills in risk management and strategic financial operations. Under Rosato's leadership, Eastern Bankshares successfully navigated the 2021 merger of Eastern Bank and Rockland Trust, forming one of New England's largest independent banks with over $25 billion in assets. His strategic oversight has driven robust financial performance, including strong deposit growth, prudent lending practices, and enhanced shareholder value through disciplined capital allocation and dividend policies. Rosato has been instrumental in fostering Eastern's commitment to community banking, supporting initiatives that deliver sustainable growth while maintaining high regulatory compliance and risk-adjusted returns. A graduate of Bentley University with a bachelor's degree in finance and an MBA from Babson College, Rosato is a Certified Public Accountant (CPA) and active member of the Financial Executives International. His deep industry knowledge and collaborative leadership style have positioned Eastern Bankshares for continued success in a dynamic economic landscape.