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Massachusetts-based North Shore Bank CEO retiring; successor named

David LaFlamme will retire from Peabody, Mass.-basedNorth Shore Bank, a Co-operativeBank, in 2016, according to a report on Itemlive.com.

LaFlamme has served as CEO of the bank since September 2006.

Kevin Tierney Sr. will succeed LaFlamme as CEO. He will alsocontinue to serve as president of the bank.

North Shore Bank is a unit of .