FX.co ★ Enterprise Bancorp CEO John Clancy To Retire; Steven Larochelle To Succeed

Enterprise Bancorp, Inc. (EBTC) announced on Friday that Chief Executive Officer John Clancy will retire. Steven Larochelle, currently Enterprise Bank's Chief Banking Officer, will succeed him.

Post-retirement, Clancy will take on the role of executive advisor to the company.

Larochelle is also the Chairman of the Board of Directors for D'Youville Life & Wellness Community.

As of now, Enterprise Bancorp’s stock has decreased by 0.29 percent, trading at $24.11 on the Nasdaq.