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Chief Executive Officer

$309k

KLR Executive Search Group LLC

KLR Executive Search Group is pleased to partner with Walpole Co-operative Bank ( to recruit the Bank’s next President & CEO. This is an exceptional opportunity to lead a highly regarded, financially strong commercial focused bank. Based in the heart of Walpole, our client has helped local individuals, businesses, and nonprofit organizations thrive since 1912. With $650 million in assets, this mutual state-chartered, independent community bank has no stockholders and is accountable only to its customers. The Bank is consistently profitable, with excellent asset quality and a leverage ratio exceeding 18%—among the strongest capital positions in Massachusetts. The Board is committed to remain independent. Position Overview Provide strategic and operational leadership to support the Bank’s financial strength, regulatory compliance, and continued growth. Guide the development and execution of the Bank’s strategic plan, lead the senior management team, and represent the Bank throughout local communities and the financial industry. Promote a positive, results-driven culture by modeling accountability, inclusion, continuous improvement, collaboration, and a constructive can-do approach. The ideal candidate will offer Broad banking experience, including at least ten years of executive leadership in a nimble, hands-on environment, or comparable experience. Commercial lending experience or meaningful risk exposure preferred. Strong leadership, management, organizational, and interpersonal skills, with the ability to think strategically while remaining actively engaged in execution. A strong commitment to sustaining the Bank’s independence and community-focused commercial banking mission. The salary range for this position is $309,000 to $513,000, in addition to benefits and bonus potential. Compensation is determined by a variety of factors including but not limited to the role, function, and associated responsibilities, as well as a candidate’s work experience, education, knowledge, and skills. #J-18808-Ljbffr

Vacancy posted 17 hours ago
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