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Retired banker Joseph F. Jeamel Jr. and Rockville Financial Inc., the Vernon lender where he ended his career but is still a director and paid adviser, just can't seem to part with each other – so they've given themselves another 12 months to work things out, a regulatory filing shows.
Rockville Bank's parent's board of directors earlier this month voted a change to its bylaws to ban anyone age 70 or older, except for Jeamel, to stand for re-election to serve until the 2014 annual stockholders meeting or otherwise relieved of his duties, according to Rockville's latest 8-K filing with the Securities and Exchange Commission.
Jeamel, 72, retired as Rockville Bank's operations chief in 2010, after 20 years with the lender. He remains a consultant to the bank.
Last year, Rockville's directors executed a similar bylaw change, allowing Jeamel's re-election at the 2012 annual meeting to a one-year term that expires when stockholders meet this spring.
A Rockville Bank spokesman didn't immediately respond to an email Tuesday for comment.
Jeamel couldn't be reached for comment.
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