Boston Private Announces New Appointment to Board of Directors
October 06 2015 - 6:46PM
Business Wire
Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (the
"Company" or "BPFH") today announced the appointment of Kimberly S.
Stevenson to its Board of Directors. Ms. Stevenson was also elected
to the Board of Directors of Boston Private Bank & Trust
Company, a wholly owned subsidiary of the Company.
"We are very excited to be able to add a Board member with Kim’s
skills to our Board of Directors," said Stephen M. Waters, Chairman
of the Board of Directors of the Company and the Bank. “Kim has
unparalleled experience in the information technology space where
she has been the Chief Information Officer at Intel for nearly four
years. With the financial services industry increasingly reliant on
technology and capabilities around information technology, we
believe Kim will bring exactly the right talent to our Board at
this time.”
Clayton G. Deutsch, BPFH Chief Executive, stated “Over the past
year, we have made tremendous strides in bringing both highly
experienced and technically expert people to our Board. Kim’s deep
background in the information technology arena will help us to
accelerate our strategy around delivery of extremely high quality
products and services in formats and through media that our clients
are seeking. She will provide our Company with insights that will
help direct our trajectory in mobile banking, information security,
overall customer facing applications, and big data, among other
things. Kim is also very active in engaging girls and women in
Science, Technology, Engineering and Math (STEM) areas, and this is
a high priority for our Company. With Kim’s addition to the Board,
Boston Private will have women holding 55% of our independent
director positions. This election also reflects our continuing
commitment to the 2020 Women on Boards campaign. We could not be
happier to have Kim join us at this pivotal point in our Company’s
history.”
Ms. Stevenson is corporate vice president and Chief Information
Officer (CIO) of Intel Corporation, where she has more than 6,000
IT professionals under her leadership. Stevenson currently leads
the Intel Network of Executive Women (INEW) as the Subcommittee
Chair for External Thought Leadership and Outreach, and she speaks
on the topic both internally and externally. She was recognized by
STEMconnector® as a 100 Diverse Corporate Leader and 100 CIO/CTO
for actively contributing to incorporate more diverse STEM
professionals and changing the pipeline based on strong STEM
education.
Previously, Stevenson held the position of vice president and
general manager of Intel's Global IT Operations and Services, where
she led both the strategic and tactical support of Intel's
worldwide infrastructure components, including data centers,
network and telecommunications, enterprise application support,
client computing and an internal service desk.
Prior to joining Intel, Stevenson spent seven years at the
former EDS, now HP enterprise services, holding a variety of
positions including vice president of Worldwide Communications,
Media and Entertainment (CM&E) Industry Practice, as well as
the vice president of Enterprise Service Management, where she
oversaw the global development and delivery of enterprise services.
Before joining EDS, Stevenson spent 18 years at IBM in several
executive positions including vice president of Marketing and
Operations of the eServer iSeries division.
In 2014, Stevenson won numerous awards including Silicon Valley
Business Journal's Best CIO, an Evanta Top 10 Breakaway Leader,
Huffington Post's Most Social CIO as well as the CIO 100 award by
CIO.com for four years in a row.
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/20151006006984/en/
Boston Private Financial Holdings, Inc.Steven Gaven,
617-912-3793Vice President, Director of Investor
Relationssgaven@bostonprivate.com
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