Women break the glass ceiling at Community National Bank

copyright the Chronicle September 21, 2016

by Elizabeth Trail

When Stephen Marsh retires as chief executive officer of Community National Bank at the end of the year, the bank’s president and chief operating officer Kathryn Austin will step into his shoes.

Ms. Austin will be the first woman CEO for Community National Bank, and at that point women will hold the top three executive spots at the bank. Terrie McQuillen is a senior vice-president and chief credit officer. And Louise Bonvechio is senior vice-president and chief financial officer.

Last year, Caroline Carpenter became president and CEO of the National Bank of Middlebury, and the first woman to head a bank in Vermont.

A recent article in the online magazine American Banker says that when it comes to the top office at the top 100 banks in the country, only three are women.

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