Newburyport Bank names three board members: Capolupo, Hatheway, and Cousins

 

 

 

Newburyport, MA Newburyport Bank has appointed three accomplished leaders to its Board of Directors: Wayne Capolupo, Marianne Hatheway, and Frank Cousins, Jr. Each brings deep experience in governance, financial services, infrastructure, and community leadership that will support the bank’s continued growth and mission.

“With Wayne, Marianne, and Frank to the board, we are adding three thoughtful leaders who understand both strategy and community,” said the chair of the board Lloyd Hamm. “Their collective expertise will further strengthen our ability to steward the Bank and deliver sustainable value over the long term.”

Together, Capolupo, Hatheway, and Cousins bring complementary skills and experience spanning infrastructure development, federal banking regulation, enterprise risk management, and public-sector leadership. This will enhance the board’s ability to provide strong governance, guide strategic growth, and support the bank’s commitment to safe, sound, and community-focused banking.

“Their insight will help us build on our strategic priorities while reinforcing the relationship-driven, community-focused approach at the center of Newburyport Bank,” sais president and COO Jim McCarthy. “We look forward to their contributions as we continue to grow alongside our customers and communities.”

The appointment also aligns with the strategic priorities of River Run, the joint mutual holding company for Pentucket Bank and affiliated banks Newburyport Bank, and Rollstone Bank & Trust, and further strengthens support across all River Run entities.

Capolupo is chairman and CEO of SPS New England, Inc., a family-owned construction company based in Salisbury, Massachusetts. Since co-founding the company in 1984, he has overseen its growth and led major infrastructure projects across the region, including bridges, highways, transit, rail, and marine construction. Earlier in his career, he worked with Capolupo & Gundal, Inc., a specialty contractor serving nuclear power generating stations. 

Hatheway brings more than three decades of experience in banking regulation and risk management. She currently serves as senior director at Chain Bridge Partners, advising financial institutions on regulatory strategy and enterprise risk.

Previously, Hatheway spent 32 years with the Federal Deposit Insurance Corporation (FDIC), including serving as deputy regional director for the New York Region, where she oversaw supervision of more than 500 institutions representing approximately $1.6 trillion in assets. 

Cousins previously served as Essex County Sheriff, overseeing a complex organization with a budget exceeding $70 million and multiple facilities serving communities across the region. He has also held numerous board roles, including more than two decades on a commercial bank’s Board of Directors where he served as Chairman of the Governance Committee and a member of the Audit Committee. His experience spans governance, audit oversight, and strategic planning across financial and community institutions. A longtime Newburyport resident, Cousins has also served as president of the Greater Newburyport Chamber of Commerce.