Robert Francis Rivers has bought EBC on 2 days since Aug 2025

Robert F. Rivers is the Executive Chair and Principal Executive Officer (PEO) of Eastern Bankshares, Inc. (EBC) and Chair of its Board, positions he has held since July 12, 2024, following his tenure as CEO from 2017 to 2024.( Age 60, Rivers joined Eastern Bank in 2006 as Vice Chair and Chief Banking Officer, advancing to President (2007), COO (2012), and director (2015), after 14 years at M&T Bank (1991-2005) and a role as EVP of Retail Banking at Commercial Federal Bank.( He holds a BA from Stonehill College and an MBA from the University of Rochester.(

Under Rivers' leadership, Eastern executed a record ~$1.7B mutual-to-stock IPO, doubled assets to $25.6B, completed mergers with Century Bank (2021) and Cambridge Trust (2024), sold Eastern Insurance for $513M, and tripled wealth AUM to $8.3B, with 2024 operating net income up 18% YoY.( A 40-year community banker who began as a teller at Randolph Savings Bank, he co-founded Eastern Labs for fintech innovation and serves on boards including the Federal Reserve Bank of Boston's Federal Advisory Council (since 2023), Greater Boston Chamber of Commerce Executive Committee, Stonehill College Trustee, and Massachusetts Business Roundtable Chair.( As a corporate insider, he recently purchased 50,000 EBC shares on October 28, 2025, and owns approximately 407,279 shares.(

Written by Perplexity from public sources.