NEWBURYPORT — Newburyport Bank officials recently announced the appointment of three new members to its board of directors, Wayne Capolupo, Marianne Hatheway and Frank G. Cousins Jr.
“With Wayne, Marianne and Frank to the board, we are adding three thoughtful leaders who understand both strategy and community,” said board Chair Lloyd L. Hamm Jr. “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,” added President and Chief Operating Officer 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. 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. Capolupo holds a bachelor’s degree in nuclear engineering and a master’s degree in energy engineering from UMass-Lowell. He is active in numerous civic and professional organizations.
Hatheway brings more than three decades of experience in banking regulation and risk management. She serves as senior director at Chain Bridge Partners, advising financial institutions on regulatory strategy and enterprise risk.
Hatheway spent 32 years with the Federal Deposit Insurance Corp., 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. She has a master’s degree of business administration from Babson College and a bachelor’s degree in finance from Boston College.
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.
Founded in 1854, Newburyport Bank, has over $1.6 billion in assets and operates 11 community banking locations across Massachusetts and New Hampshire. Together with Pentucket Bank and Rollstone Bank and Trust, it is supported by River Run Bancorp MHC.