Ridgefield, CT- May 5, 2011- Gary C. Smith, CEO of Fairfield County Bank has announced that he will be retiring June 30, 2011. Fairfield County Bank’s Board of Directors has selected President and CFO David S. Schneider to succeed Smith as CEO and COO Dan Berta to serve as President effective July 1, 2011. Gary Smith will remain on the Board of Directors. Paul S. McNamara, Chairman of the Board, said, “It is our goal to insure a smooth transition and we are fortunate to have such an experienced executive team to guide the company for years to come”.
Smith joined the Bank as President and CEO in 1987. In his 24 years of service to the Bank, Smith made significant contributions to the Bank's growth. The branch network of the Bank has grown from three offices in two towns to 22 offices in 14 towns throughout Fairfield County. He is responsible for important community support in the many towns the Bank serves and has held many notable leadership positions in the banking industry, among them Chairman of Board of the Connecticut Bankers Association.
“It has been my privilege to lead the organization. It has been a long term plan of the Bank to prepare the organization for the next generation of executive leadership. I am confident that both David Schneider and Dan Berta will continue to lead the Bank to success and to maintain its position as the leading community bank in the county.”
David Schneider joined the Bank in 1994. As CEO he will also be a member of the Board of Directors. He has been CFO of Fairfield County Bank for the past 9 years. He is a graduate of Pace University and a resident of Ridgefield.
Dan Berta joined the Bank in 2007 as Executive Vice President coming from Chase where he had 17 years of service and the title of Senior Vice President. He is a graduate of Villanova University and received his MBA from Columbia University. Dan is also a resident of Ridgefield.