Monday, April 26, 2010, 12:20 PM
People's United Financial's (PBCT +2.1%) CEO Philip Sherringham resigns, as the board has abruptly decided it's time for a new direction. Analysts say Sherringham didn't move quickly enough to deploy capital and the bank says it's looking for the "right acquisition"; maybe Brookline Bancorp (BRKL +1.4%)?
Comment!