Joe has been actively engaged in leading transformational change in the financial services industry over the past four decades. Subsequent to graduating from Babson College with high distinction, he began his banking career at Hartford National Bank. Early in his career he led the bank’s foray into interstate banking and established loan production offices in RI, Boston, Massachusetts and Portland, Maine. He assumed a number of leadership roles through the mergers with Connecticut National Bank, Shawmut Bank and Fleet Bank. In 1998 he joined Sovereign Bank to lead its entry into commercial banking. He led the creation of Sovereign Bank, New England, overseeing the largest branch and business acquisition in US banking history, rising to CEO, President and Director of Sovereign Bank Corp.
Joe has a strong track record of successfully managing through a variety of economic conditions. In 2009 he lead the turnaround of Flagstar Bank, raising over $1 billion in capital and repositioning the company as a national leader in residential and commercial banking.
Joe is CEO and President at Needham Bank, leading its growth as a top “Super Community Bank.” He also has a long history of community involvement as former Chairman of Tufts Medical Center, Trustee and Treasurer for the Boys & Girls Club of Boston, Executive Committee member at Mass Business Round Table, Independent Director at First Help Financial, and a Director of the 100 Club of Mass. He frequently serves as a guest lecturer at a number of college and industry events. Joe resides in Wellesley with his wife Carolyn and their three children.