Management team members Steve Carpinella & Jeff Nolan to assume the roles of Managing Directors; Tim Telman joining as Executive Advisor
Brockton, MA – Kevin Henkin, Chief Executive Officer of Cobblestone Management, LLC and a leader in the banking and bank risk industry has announced that he is stepping down as CEO effective April 27, 2018 for personal reasons. Cobblestone is a strong and vibrant industry leader in credit risk management services and Henkin’s decision to resign is no reflection on his experience at the company.
“When I joined Cobblestone Management in 2015 the company was already a deeply successful loan review and risk management firm,” Henkin said. “In the time since, we have expanded our geographical reach and, more importantly, broadened our services to include underwriting support, credit training and all facets of stress testing as well as new solutions offerings in CECL and Enterprise Risk Management. Cobblestone serves the needs of its clients now better than ever. I am proud to have led an amazing team of credit risk professionals who will continue to lead the company forward in exciting new ways.”
Cobblestone Management Chairman and Director, Roland Bullard stated, “I want to thank Kevin for his years of service and leadership as the head of Cobblestone Management. Although disappointed to lose such an experienced leader, we understand his reasoning and respect his privacy. We wish him all the best in his future endeavors and will count on his advice on our ongoing product innovations. ”
As Mr. Henkin transitions away from Cobblestone, he will pass his responsibilities on to key members of the management team, Steve Carpinella and Jeff Nolan, who will be stepping into leadership roles. Mr. Carpinella and Mr. Nolan will now serve as Managing Directors. They both bring excellent management and relationship experience that will continue to drive Cobblestone’s commitment to high quality and product innovation. They have both worked closely with Henkin as he prepared them for this exciting advancement. “Steve and Jeff are extremely talented and seasoned credit risk experts. I am excited for them both in this next step in their career,” said Henkin.
As part of this transition, Cobblestone also announced that Tim Telman, the Founder and former President and CEO of Bank of Cape Cod, will assist Jeff and Steve as Executive Advisor. Tim brings extensive industry expertise and knowledge to the team. Cobblestone Directors, Roland Bullard and Harry Hayman, will continue their direct involvement, working with Tim, Steve and Jeff.
For more information about our management team click here.