Jane Stack Named New CFO

Gorham Savings Bank, a leading southern Maine financial services institution, named Jane Stack as its new chief financial officer effective January 1, 2022. She will report to Steve deCastro, the bank’s president and CEO.

Stack was most recently senior vice president, controller, where she oversaw and led the Finance, Accounting, Accounts Payable, and Proof Departments. Those Departments play an integral role in preparing and managing the bank’s financial statements and budget, as well as monitoring liquidity.

Her career at Gorham Savings Bank began in 1996 as a teller in Gorham. She worked her way up through branch administration to the commercial loan division through finance and accounting to SVP, controller.

“Jane’s broad experience and knowledge of GSB positions her well for her new responsibilities as our CFO,” said deCastro. “Over her time at the bank, she has willingly taken on new challenges in her accomplished career. I am so pleased to promote her to our Senior Leadership Team.”

Stack will succeed Dan Hunter, the bank’s current chief operating officer and chief financial officer. Hunter retired at the end of 2021 after more than 20 years in the role. The bank plans to announce a new chief operating officer later this month.

Stack holds a B.A. in Business Administration from Saint Joseph’s College, a Master of Science and Master of Business Administration from Husson University (formerly Husson College). She serves on the board of Girls on the Run and volunteered at MaineHealth’s COVID-19 vaccination sites. She lives in Windham.