After 16 years as Marblehead Bank’s president and CEO, Julie Livingston will hand over CEO duties to Mark Llewellyn, the bank’s chief operating officer for the past 12 years.
Livingston, who has been with Marblehead Bank for more than 43 years, will remain the bank’s president. She will continue to work on regulatory and governance at the bank, the bank said in a statement, and remain on the bank’s board of trustees.
Llewellyn has more than 30 years of banking experience and 17 years of senior management experience, the bank said, including the past 12 years as Marblehead Bank’s COO. He became chief lending officer in early 2004 and later that year was promoted to executive vice president of lending. He was named executive vice president of lending and retail banking in 2008 before becoming COO.
“Mark is the right leader for Marblehead Bank,” Keith Taylor, Marblehead Bank’s board chairman, said in a statement. “Mark’s extensive lending background and business development skills will continue to strengthen the bank channeling and developing strategic partnerships in our communities. His leadership experience will help focus Marblehead Bank toward the future.”
Llewellyn has been at Marblehead Bank for 30 years, establishing its commercial loan department and helping to grow its portfolio. He recently implemented the Paycheck Protection Program for the bank.
“I am honored and appreciate the opportunity to represent Marblehead Bank in this capacity,” Llewellyn said. “I have been so fortunate to work directly with so many clients in the communities we serve. This experience has made me an even stronger proponent of community banking. I look forward to working with our board, management and our employees to make Marblehead Bank an even greater resource for the communities we serve.”
Marblehead Bank is a mutual savings bank with approximately $262 million in assets and offices in Marblehead, Beverly and Salem.
