Michael P. Daly Email and Phone Number
Fierce executive leader with a track record of achieving exponential growth and sustainable profitability by leveraging financial expertise, grit, passion for success and motivating teams to “move mountains.”Highlights as CEO:● Transformed an 11-branch community bank with less than $1 billion in assets to a multi-state regional bank with $12 billion in assets● 28% CAGR Historical Net Income● Orchestrated over 20 successful acquisitions ● Conducted four successful stock offerings● Increased employee headcount from 300 to nearly 2,000 Beyond these demonstrable growth statistics ---the commitment to excellent recruitment, training, mentorship, and coaching employees to achieve seismic personal and professional growth has yielded the greatest satisfaction.Extensive Board of Director experience including 17 years on the corporate board of the Berkshire Hills Bancorp, Berkshire Health Systems, the Norman Rockwell Museum, Berkshire Economic Development, Berkshire County CEO Roundtable, Massachusetts CEO Roundtable, and the cause most near and dear- the Berkshire Cystic Fibrosis Foundation. Personal: A family-first way of life...always. Traveling with my wife of 36 years, spending time with my daughters and grandchildren, while squeezing in as much time “on the ice” as all of the above allows.
Pittsfield Cooperative Bank
View- Website:
- pittsfieldcoop.com
- Employees:
- 53
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Chief Executive OfficerPittsfield Cooperative BankPittsfield, Ma, Us -
CeoBerkshire Bank Oct 2002 - Nov 2018Berkshire Bank has $12 billion in assets and nearly 2,000 employees. What started as a small community bank has grown to a multi-state regional bank with 113 full-service branches in 7 states. “Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank, America's Most Exciting Bank®. The Company is recognized for its entrepreneurial approach and distinctive culture. “• Berkshire Bank was named one of Massachusetts Most Gold – Charitable Companies in 2017 by the Boston Business Journal• Pittsfield Public School Billboard named Berkshire Bank as a Community Champion in 2017• Berkshire Bank received a Bronze- Deposit Award from the Leap Year Deposit Campaign in 2017• Boston Business Journal named Berkshire Bank as a Top Charitable Contributor in 2017 (for the 5th consecutive year) From 2002-2018 • Assets grew at a CAGR of 17% to nearly $12 billion• Market Capitalization increased at a CAGR of 14% to $1.6 billion • Revenues increased at a CAGR of 15% to over $400 million • Net income grew at a CAGR of 28% to over $100 million • Completed 20 successful acquisitions (including banks, mortgage agencies, and financial organizations)• Conducted successful stock offerings in 2008, 2009, 2016, and 2017• Achieved ROA over 1% while operating below a 60% efficiency ratio • Increased employee count from 300 employees to nearly 2,000• Implemented Six Sigma disciplines to build and deploy best practices -
Executive Vice PresidentBerkshire Bank Jan 2000 - Oct 2002Responsible for commercial, real estate, mortgage, and consumer lending activities, compliance with banking laws and regulations, and adherence to the Bank's policies and procedures. Consistently exceeded goals through developing new business opportunities while enhancing existing business relationships. Created new training programs used throughout the organization while aligning strategic initiatives that focused on productivity and efficiency. -
Svp Of Commercial LendingBerkshire Bank Apr 1993 - Dec 1999Leadership role that executed on origination, servicing and the collection of all commercial loans. Maintained a strategic and innovative mindset to deliver against the future-state vision while collaborating across a diverse set of stakeholders, managing matrixed relationships, and presenting to leadership. -
Various Commercial Loan Officer Roles (Officer, Avp, Vp)Berkshire Bank May 1986 - Mar 1993Evaluated, authorized, and recommended approval of commercial loans. Advised borrowers on financial status and payment methods. Acted as a liaison between the bank and the applicant, and sought to find loan arrangements that were in the best interest of both parties. -
Credit & Commercial Lending/ TellerBank Of Boston 1982 - 1986Responsible for handling customer transactions including deposits, withdrawals, transfers and money orders.
Michael P. Daly Education Details
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Master Of Business Administration - Mba -
Bachelor'S Degree
Frequently Asked Questions about Michael P. Daly
What company does Michael P. Daly work for?
Michael P. Daly works for Pittsfield Cooperative Bank
What is Michael P. Daly's role at the current company?
Michael P. Daly's current role is Chief Executive Officer.
What schools did Michael P. Daly attend?
Michael P. Daly attended Columbia University In The City Of New York, Westfield State University.
Who are Michael P. Daly's colleagues?
Michael P. Daly's colleagues are Dana Robb, Joshua Burgos, Ed Schumann, Joe Delsoldato, Adrienne D., Ray E. Smith, Mary Coughlin.
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