Boston Private Announces New Appointment to Board of Directors
July 02 2015 - 6:19PM
Business Wire
Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (the
"Company" or "BPFH") today announced the appointment of Lizabeth H.
Zlatkus to its Board of Directors. Ms. Zlatkus was also elected to
the Board of Directors of Boston Private Bank & Trust Company,
a wholly owned subsidiary of the Company.
"We are pleased to welcome Liz to our Board of Directors," said
Stephen M. Waters, Chairman of the Board of Directors of the
Company and the Bank. “Liz brings extensive experience in the
financial services arena where she has played pivotal roles in
regulation and governance, and has deep experience in finance and
risk management matters. She is a financial expert who has served
as the Chief Financial Officer and Chief Risk Officer at The
Hartford Financial Services Group. We believe her experience in
these areas will be valuable to our Company as we continue to
pursue our strategy to become a premier wealth management and
private banking company in our target markets.”
Clayton G. Deutsch, BPFH Chief Executive, stated “Over the past
year, we have been fortunate to add exceptional talent to our
Board. With Liz as our newest member, we have further strengthened
our expertise in audit and risk management, with a specific focus
on the financial services industry. Liz is also very active in
community organizations, and has expertise in leading large scale
technology projects, including software and hardware initiatives.
Her experience on a FTSE 100 Board, and as a senior executive of a
US Fortune 100 company, will be a key asset for our Company as we
drive our overall strategy. With the addition of Liz to our Board,
we are also continuing our commitment to the 2020 Women on Boards
campaign, where we now have a Board that is comprised of 40% women.
We are delighted that Liz agreed to join us as we move
forward.”
Ms. Zlatkus spent 28 years with The Hartford Financial Services
Group where she held many executive leadership positions, including
Chief Financial Officer and Chief Risk Officer, as well as Co-Chief
Operating Officer of Hartford Life Insurance Companies, and
President of the International Wealth Management and Group Benefits
Divisions of Hartford Life. She is on the Board of Directors of
Legal & General Group, PLC, a leading UK-based financial
services business.
Ms. Zlatkus has been recognized for numerous professional
achievements and contributions to the community including
participation as a member of The President’s Committee on
Employment of People with Disabilities in 1999. Business Insurance
magazine named her as one of the top 100 women executives, and she
was named as one of the “Eight Remarkable Women” by The Hartford
Business Journal in 2008. She formerly served as Regulatory Chair
for the North American Chief Risk Officers Council. She was a
member of the Hewlett Packard Financial Services Board of Advisors
and the LOMA Board of Directors. She is currently serves as Finance
Chair of the Connecticut Science Center Trustee Board, is on the
board of trustees of the Connecticut Women's Hall of Fame. Ms.
Zlatkus graduated with distinction from Pennsylvania State
University, was selected as an Alumni Fellow in 2003, and served as
commencement speaker for Smeal College graduates in May 2013. She
is currently the Chair of the Pennsylvania State University Smeal
College of Business Administration Board of Visitors.
Boston Private Financial Holdings,
Inc.
Boston Private Financial Holdings, Inc. is a national financial
services organization that owns Wealth Management and Private
Banking affiliates with offices in Boston, New York, Los Angeles,
San Francisco, San Jose, Atlanta, Florida, Wisconsin, and Texas.
The Company has a $7 billion Private Banking balance sheet, and
manages approximately $30 billion of client assets.
The Company positions its affiliates to serve the high net worth
marketplace with high quality products and services of unique
appeal to private clients. The Company also provides strategic
oversight and access to resources, both financial and intellectual,
to support affiliate management, marketing, compliance and legal
activities. (NASDAQ: BPFH)
For more information about BPFH, visit the Company's website
at www.bostonprivate.com.
Forward-Looking Statements
Certain statements in this press release that are not historical
facts may constitute forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as
amended, and are intended to be covered by the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve risks and uncertainties. These
statements include, among others, statements regarding our
strategy, and prospects for growth. You should not place undue
reliance on our forward-looking statements. You should exercise
caution in interpreting and relying on forward-looking statements
because they are subject to significant risks, uncertainties and
other factors which are, in some cases, beyond the Company's
control. Forward-looking statements are based on the current
assumptions and beliefs of management and are only expectations of
future results. The Company's actual results could differ
materially from those projected in the forward-looking statements
due to many factors including changes in assumptions used in making
such forward-looking statements, and the other risks and
uncertainties detailed in the Company's Annual Report on Form 10-K
and updated by the Company's Quarterly Reports on Form 10-Q and
other filings submitted to the Securities and Exchange Commission.
Forward-looking statements speak only as of the date on which they
are made. The Company does not undertake any obligation to update
any forward-looking statement to reflect circumstances or events
that occur after the date the forward-looking statements are
made.
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version on businesswire.com: http://www.businesswire.com/news/home/20150702005896/en/
Boston Private Financial Holdings, Inc.Steven Gaven,
617-912-3793Vice President, Director of Investor
Relationssgaven@bostonprivate.com
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