November 5, 2008
Kennebunk Savings names new leader
By The Mainebiz News Staff
Kennebunk Savings Bank has named Brad Paige as its new president and CEO.
Paige will replace current head Ken Reed, who is stepping down at the end of this year, according to Seacoast Online. Paige began his banking career as a teller at Maine National Bank before it was bought by Fleet Bank, and then worked in retail banking in Providence, R.I., and Boston, Mass. He has worked at Kennebunk Savings since 1998, most recently as senior vice president and chief financial officer.
In 2007, Kennebunk Savings posted a net income of more than $6.8 million and a net worth of more than $75 million, according to the paper.
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