United Kingdom

People: Independent Bank Corp (Massachusetts) (INDB.OQ)

INDB.OQ on NASDAQ Stock Exchange Global Select Market

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Nadeau, Gerard 

Mr. Gerard F. Nadeau is President of the Company and Rockland Trust, Director of the Company. Mr. Nadeau, 59, was named the President of Rockland Trust on March 16, 2017. Mr. Nadeau previously served as the Executive Vice President, Commercial Lending of Rockland Trust since July 1, 2007. Mr. Nadeau has worked at Rockland Trust in a variety of capacities since 1984, serving as a Senior Vice President of Commercial Lending from 1992 until 2007. Mr. Nadeau has served as a director of the Company and of Rockland Trust since 2017. The Board and the nominating committee have determined that Mr. Nadeau is qualified to serve as a director based upon his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, and his commercial lending expertise.

Basic Compensation

Total Annual Compensation, USD 392,500
Restricted Stock Award, USD 242,304
Long-Term Incentive Plans, USD --
All Other, USD 610,896
Fiscal Year Total, USD 1,245,700

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 15,000 505,025.00