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September 21, 2022 BIZ PEOPLE

Berkshire Bank names regional bank manager

Image | Contributed Aaron Averitt

Berkshire Bank, which has branch locations throughout New England and New York, recently promoted Aaron Averitt to be first vice president, regional branch manager in Connecticut.

Averitt, a Forestville resident, will manage the daily operations of branches in the areas around Hartford and the Connecticut River Valley.

Averitt joined Berkshire Bank as a financial center manager in 2014. His background includes more than 16 years of management experience and more than eight years of retail banking management experience. Averitt previously worked at Bank of America.

Ryan Shorette, senior vice president, head of retail branch banking, said Averitt will work to accelerate the bank’s market presence and growth, and will manage more than 10 offices. 
 
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Merit Life Insurance expands leadership team

Merit Life Insurance Co., a Shelton-based firm, announced recently that retirement industry veterans Martin Woll and Cliff Merrill have joined the firm’s C-Suite. 

Both executives report to CEO David Anderson.

“They are exceptionally talented and experienced retirement industry executives who will accelerate our ability to create new retirement solutions for all,” Anderson said.

Woll joins Merit as the firm’s chief operating officer. Woll previously was COO of Equitable’s individual retirement business. 

Merrill is Merit’s new chief distribution and product development officer. Merrill previously spent 16 years at Prudential Financial, where he oversaw the firm’s $180 billion investment platform and led the design of Prudential’s new retirement income products. 

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