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David B. Farrell is a seasoned executive with extensive experience in strategic planning, leadership, management, and retail. He has held prominent positions at various companies, including Chairman of the Board at Salisbury Bank and Trust Company, Founder and CEO of Farrell and Company, LLC, and President, CEO, and Majority Owner of Welle Training, Inc. He holds a BS degree from Saint Bonaventure University and is a Certified Public Accountant.

Credentials

  • Certifed Public Accountant
    New York State

Experience

    • United States
    • Banking
    • 200 - 300 Employee
    • Chairman Of The Board Of Directors
      • Jun 2012 - Present

      Elected Chairman of the Board, May 2019. Chair of Audit Committee. Member of HR and Comp, ALCO and Investment committees.

    • Chairman Of The Board Of Directors
      • May 2019 - Present

    • Founder and CEO
      • Jun 2010 - Present

      Strategy Consulting.

  • Welle Training, Inc.
    • Sheffield, Mass. 01230
    • President , CEO and Majority Owner
      • Nov 2010 - Present
      • Sheffield, Mass. 01230

      Chief Executive and majority owner. Responsible for all strategic and operating activities in this rapidly growing company.

    • United States
    • Banking
    • 700 & Above Employee
    • Executive Vice President and President of Berkshire Insurance Group
      • 2009 - 2010

      Senior Executive in charge of the company's Integrated Services divisions. Served as President of Berkshire Insurance Group and the Head of Wealth Management.

    • Director
      • May 2005 - May 2009

      Chairman of the Audit CommitteeMember of the Risk Committee

    • President
      • 2004 - 2008

      Bob's Stores CEO, 34 Northeast regional chain of superstores. The original casual apparel and footwear superstore. Public company TJX.

    • CEO , President and Director
      • 1999 - 2004

      One of 110 portfolio companies of Citicorp Venture Capital.

    • EVP and CFO
      • 1995 - 1999

      Bob's Stores Division. Northeast regional chain of superstores. Annual revenue of $400,000,000. Public company CVS.

    • Senior Vice President and Chief Financial Officer
      • 1981 - 1995

      1100 store mall-based specialty chain. Annual revenues $1,000,000,000. Public company parent, formerly Melville Corporation now CVS Pharmacy.

  • PwC
    • Manhattan, NY
    • Audit Senior
      • Jan 1978 - Jun 1981
      • Manhattan, NY

      Coopers and Lybrand, Big 8 CPA firm, now PwC.

Education

  • 1975 - 1977
    Saint Bonaventure University
    BS, Business/Accounting

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Industry Focus. “Retail.”

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