Eastern Bankshares, Inc. Recognized With The 2023 NACD Diversity, Equity & Inclusion Awards’ Public Company – Small Cap Category
October 12 2023 - 10:30AM
Business Wire
Award Recognizes Exemplary Practices Related to Diversity,
Equity & Inclusion
Eastern Bankshares, Inc., the stock holding company for Eastern
Bank, announced today it has been recognized with the 2023 NACD
Diversity, Equity & Inclusion Awards’ Public Company – Small
Cap Category. The annual award recognizes boards that have improved
their governance and created long-term value for stakeholders by
implementing forward-thinking diversity, equity and inclusion
(DE&I) practices. It is presented by the National Association
of Corporate Directors (NACD), the authority on boardroom practices
representing more than 23,000 corporate board members.
“Eastern takes pride in its deep client relationships, community
support, and long-standing commitment to diversity, equity and
inclusion,” said Bob Rivers, Chief Executive Officer and Chair of
the Board of Eastern Bankshares, Inc. and Eastern Bank. “We believe
our strategy to build and sustain DE&I as a critical aspect of
our work and culture makes us a better employer, a better provider
of services to our customers, a better member of our communities,
and a better investment for shareholders.”
“DE&I is important to any boardroom, and I am proud that
NACD has recognized the work and impact of Eastern Bank,” said NACD
President and CEO Peter Gleason. “The Company has leveraged the
importance of DE&I to enhance its governance, create long-term
value, and build an innovative and inclusive workplace and
boardroom.”
Eastern seeks to embed DE&I at all levels starting with its
Board of Directors, which has long been led by professionals of
color, including Lead Director Deborah Jackson, the first woman and
second person of color to hold this position. The Board approves
the Company’s DE&I strategy and has ultimate oversight of
DE&I initiatives. For its long-standing commitment to DE&I,
Eastern has been recognized with many awards through the years,
including the Boston Business Journal Business of Pride Corporate
Ally Award and the National Association for the Advancement of
Colored People (NAACP) Corporate Pinnacle Award, and Eastern CEO
and Chair of the Board Bob Rivers has similarly often been
recognized for his DE&I leadership. Eastern Bank has also been
recognized by the Human Rights Campaign Foundation as a Best Places
to Work for LGBTQ+ Equality for nine consecutive years.
About Eastern Bankshares, Inc. and Eastern Bank Eastern
Bankshares, Inc. is the stock holding company for Eastern Bank.
Founded in 1818, Boston-based Eastern Bank has more than 120
locations serving communities in eastern Massachusetts, southern
and coastal New Hampshire, and Rhode Island. As of June 30, 2023,
Eastern Bank had approximately $22 billion in total assets. Eastern
provides banking, investment and insurance products and services
for consumers and businesses of all sizes, including through its
Eastern Wealth Management division and its Eastern Insurance Group
LLC subsidiary. Eastern takes pride in its outspoken advocacy and
community support that includes $240 million in charitable giving
since 1994. An inclusive company, Eastern employs approximately
2,100 deeply committed professionals who value relationships with
their customers, colleagues, and communities. Join us for good at
www.easternbank.com and follow Eastern on Facebook, LinkedIn,
Twitter and Instagram. For investor information, visit
investor.easternbank.com.
About NACD The National Association of Corporate
Directors (NACD) is the premier membership organization for board
directors who want to expand their knowledge, grow their network
and maximize their potential. NACD sets the standards of excellence
through its research and community-driven director education,
programming and publications. NACD also prepares leaders to meet
tomorrow’s biggest challenges. The NACD Directorship Certification®
sets a new standard for director education, positions directors to
meet boardroom challenges, and includes an ongoing education
requirement that prepares directors for what is next. With an
ever-expanding community of more than 23,000 members and a
nationwide chapter network, NACD’s impact is both local and global.
To learn more about NACD, visit www.nacdonline.org. For more
information on NACD’s commitment to the advancement of DE&I at
the board level, and for further insights, trends, and
perspectives, visit the NACD Center for Inclusive Governance™ and
the NACD Diversity, Equity & Inclusion Resource Center.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231012812770/en/
Media contacts: Andrea Goodman Eastern Bank
a.goodman@easternbank.com 781-598-7847
Shannon Bernauer NACD sbernauer@nacdonline.org 571-367-3688
Investor contact: Jill Belliveau Eastern Bankshares, Inc.
InvestorRelations@easternbank.com 781-598-7920
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