HUDSON – Avidia Bank has a new president and chief executive officer.
The Board of Directors has announced that Robert D. Cozzone will replace current President and CEO Mark O’Connell.
O’Connell will retire in May after 35 years.
“I am grateful to be selected by the board to join a capable and dedicated team, and I look forward to building lasting relationships with them,” said Cozzone. “Avidia’s genuine commitment to the community and its tradition of innovation and excellence in customer service is admirable. The bank has enjoyed tremendous growth and success under Mark’s leadership, and I’m committed to continuing that legacy.”
Cozzone graduated from Bridgewater State University, and he earned his master of science in finance from the Boston College Carroll School of Management.
He previously worked for 24 years at Rockland Trust, most recently serving as its executive vice president and chief operating officer. Before that role, he served as Rockland’s chief financial officer and retail executive.
He serves on a number of boards and committee, including the Massachusetts Business Roundtable, Thompson Island Outward Bound, Plimoth Patuxet Finance Committee and Bridgewater State University Riccardi School of Business Advisory Board.
While serving as chief operating officer, Cozzone was responsible for about 1,000 employees and 123 retail branches.
In a press release, Avidia noted that Cozzone’s leadership, strategic planning and execution experience as well as his knowledge of finance, treasury and consumer and business banking would be instrumental to help Avidia grow and continue to meet the needs of individuals and businesses in the coming years.
“The board is extremely excited about Rob becoming the next CEO at Avidia,” said Board Chair Paul Blazar. “We are confident that he is the right individual to take us to the next level of achievement as a successful, independent community bank.”
