MIDDLETOWN, RI - People’s EVP & Chief Financial Officer, Brian J. Hennessey, has received Providence Business News’ 2013 CFO of the Year Award in the mid-size private company category. Hennessey has been with People’s Credit Union for over three years. As EVP & CFO he is responsible for the Credit Union’s overall financial plans and policies as well as ensuring the achievement of short-and long-range goals for finance/investments, facilities and collections.
“Brian is a community-oriented team player who brings a ‘totally different approach’ to his position,” commented People’s President & CEO, Ellen Ford. “As a member of our? leadership team, he’s very collaborative and always receptive to feedback.”
Hennessey was raised in Fairfield County Connecticut and he attended the University of Bridgeport where he graduated Cum-Laude with a B.S. in Accounting. He also earned his CPA designation. Upon graduation he went on to his first position at PriceWaterhouse and then to become the youngest Vice President in the history of Gateway Financial Corporation in his 20s.
Hennessey has numerous years of experience in managing complex business and financial issues at major banks and health systems in southeastern Connecticut. Previously he was employed as Chief Financial Officer at several Connecticut community banks.
Additionally he is Treasurer of Bike Newport where he has helped bolster the nonprofit, helping them work through governance and financial issues. Hennessey is an avid cyclist, runner and triathlete who has tackled the New York and Boston marathons. He has two children and resides in Newport.
“Brian is erudite, personable and extremely capable of educating the Board on the more complex financial issues,” said People’s Board Chairman Dave Faucher. “His recommendations have enabled People’s Credit Union to remain a safe, secure and fiscally sound financial institution in these difficult economic times.”
People’s Credit Union serves members through six locations in Bristol, Middletown, Newport, North Kingstown, Portsmouth and Wakefield.
People’s, a member-owned, state chartered, federally insured, community credit union established in 1922. Membership is open to all individuals. Deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.