Form 8-K CFO
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 21, 2005 (June 16, 2005)
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BANCORP RHODE ISLAND, INC.
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(Exact name of registrant as specified in its charter)
Rhode Island
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(State or other jurisdiction of incorporation)
333-33182 05-0509802
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(Commission File Number) (IRS Employer Identification Number)
One Turks Head Place, Providence, Rhode Island 02903
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(Address of principal executive offices)
(401) 456-5000
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5.02. DEPARTURE OF PRINCIPAL OFFICER; APPOINTMENT OF PRINCIPAL OFFICER
On June 16, 2005, Albert R. Rietheimer, Chief Financial Officer of both Bancorp
Rhode Island, Inc. (the "Registrant") and Bank Rhode Island, the Registrant's
wholly owned subsidiary (the "Bank"), and Treasurer of the Registrant announced
his resignation which will be effective July 13, 2005.
Linda H. Simmons, 45, has been appointed to succeed Mr. Rietheimer as Chief
Financial Officer and Treasurer of the Registrant and the Bank. Ms. Simmons has
served as Executive Vice President and Treasurer of the Bank since September
2004. Prior to joining the Bank, Simmons was with Bank of America's Treasury
Group in Boston. Prior to her employment at Bank of America, Simmons served in a
number of capacities at Fleet Financial Group, including as a manager of
domestic modeling and a director of international ALM modeling. Simmons holds a
BS in accounting from Babson College and an MBA from Suffolk University.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BANCORP RHODE ISLAND, INC.
By: /s/ Merrill W. Sherman
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Merrill W. Sherman
Chief Executive Officer
Date: June 21, 2005