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Independent Bank Corp. (INDB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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70.98-0.12 (-0.17%)
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Independent Bank Corp.

288 Union Street
Rockland, MA 02370
United States
781-878-6100
http://www.rocklandtrust.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees1,348

Key Executives

NameTitlePayExercisedYear Born
Mr. Christopher OddleifsonCEO, Pres & Director1.7MN/A1959
Mr. Mark J. RuggieroChief Financial & Accounting Officer389.51kN/A1977
Mr. Robert D. CozzoneCOO and Exec. VP of Consumer & Bus. Banking841.47k135.74k1971
Mr. Edward H. Seksay Esq.Exec. VP, Chief Risk Officer & Gen. Counsel625.81kN/A1958
Mr. Barry H. JensenExec. VP and Chief Technology & Operations OfficerN/AN/A1965
Ms. Meagan SilvaExec. AssistantN/AN/AN/A
Ms. Debra SmithSr. VP & Director of Banking & Digital Operations - Rockland Trust CompanyN/AN/AN/A
Mr. David Byron Smith C.F.A., CFAMD & Chief Investment Officer of Investment Management Group - Rockland Trust CompanyN/AN/AN/A
Ms. Maria S. HarrisDirector of HR of Rockland TrustN/AN/A1971
Mr. Jonathan NelsonTreasurerN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. It operates through a network of 95 full service and 2 limited service retail branches, 15 commercial banking centers, 9 investment management offices, and 7 mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Corporate Governance

Independent Bank Corp.’s ISS Governance QualityScore as of November 1, 2019 is 4. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.