The $9.7 billion-asset company said in a press release Thursday
that Chuck Shaffer, its president and CEO, had succeed Dennis Hudson III as
chairman.
“We thank Denny for his outstanding leadership over more than four
decades,” Shaffer said in the release. “We are pleased our board will continue
to benefit from his deep market expertise and institutional knowledge. … I look
forward to continuing to execute our balanced growth strategy.”
Hudson’s grandfather chartered Seacoast in 1926. His father and
uncle led the bank before he become chairman and CEO in 1992.
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