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Photo courtesy of Charlesbridge, MHC. Pictured is Daniel Brennan, who as new CFO of Charlesbridge, a mutual multi-bank holding company, will replace Mark Ingalls, who is retiring as CFO and COO of Dedham Savings.
4-09-2025 12:48am
Replacement Announced as Dedham Savings CFO, COO Mark Ingalls Retires
Darlene Cancell
Editor
With the retirement of Mark Ingalls as Chief Financial Officer and Chief Operating Officer of Dedham Savings, Ingalls will be replaced by Daniel Brennan, effective May 1, 2025, when Brennan takes the reins as CFO of Charlesbridge, the mutual holding company of Dedham Savings and South Shore Bank. The announcement was made on April 8th from Dedham by Peter Brown, who is CEO and Chairman of the Board for Charlesbridge and President & CEO of Dedham Savings.
“Since our affiliation came together, I have had the opportunity to get to know Dan and observe his dedication in providing insightful short and long-term recommendations, positioning us well for future growth. His ongoing contributions in his new role will continue to help us to achieve our affiliation goals," said Brown.
Brennan has been CFO for South Shore Bank since 2017. Before that, he was Treasurer and CFO of Braintree Cooperative. Brennan is a graduate of Bentley University, with a degree in Finance and is a Certified Public Accountant. He has served on the Board of the Italian Home for Children since 2011.
"I am honored to accept this role at such an exciting time for our Company," said Brennan. "Under the Holding Company, with our combined asset size, we’ve substantially increased our lending capabilities, and we have a tremendous opportunity for growth. Having worked as part of the leadership team, I have had an excellent view of how well-positioned we are to continue serving our clients throughout the region."
Jim Dunphy, President & CEO of South Shore Bank and President of Charlesbridge, MHC, called Brennan "an excellent choice," and "instrumental in setting the course for the long-term safety and stability of our banking enterprise."
Charlesbridge is a mutual multi-bank holding company headquartered in Dedham, Massachusetts, with affiliate banks that include Dedham Savings and South Shore Bank. Incorporated in 1831, Dedham Savings is one of the oldest banks in Massachusetts still doing business under its original charter. South Shore Bank is a full-service, locally managed mutual bank.
Thanks to Charlesbridge for contributing this news to Westwood Minute.
