NORWICH, N.Y. (JULY 25, 2012) – NBT Bancorp President and Chief Executive Officer Martin Dietrich announced that Sheldon Prentice, corporate senior vice president, general counsel and corporate secretary, has been promoted to executive vice president.
A member of the NBT Bancorp Executive Management Team, Prentice coordinates the company’s legal activities, managing external legal counsel, overseeing relations with regulatory agencies and serving as corporate secretary. He is based at the company’s headquarters in Norwich.
Prentice has 35 years of corporate law experience. Before joining NBT Bancorp, he was senior vice president and general counsel at Merchants Bancshares in South Burlington, Vt. Previously, he was senior vice president, general counsel and corporate secretary for Burlington, Vt.-based Chittenden Corporation. Prior to entering the banking industry, he served as legal counsel at National Life Insurance Company, Davis Polk and Wardwell and as adjunct professor at the Vermont Law School.
“Sheldon Prentice has been instrumental in our company’s growth and success and I am pleased to announce his promotion to executive vice president,” Dietrich said. “Through his vast knowledge and experience in corporate law, government relations and the banking industry, he provides invaluable insight and guidance to our company as we implement our strategic plan and navigate in an increasingly complex business environment.”
Prentice, a resident of Norwich, NY, has a bachelor’s degree in government from Dartmouth College and a law degree from Fordham University School of Law. He is licensed to practice law in Vermont and New York. Prentice is a member of the Chenango County Council of the Arts, Norwich Planning Commission and the government relations council of Commerce Chenango.
He has been involved in numerous professional and community organizations over the years, including the Vermont Bar Association, the NASD Board of Arbitrators and the American Bankers Association Government Relations Council. Prentice has also been active in the Dartmouth Alumni Association, having served as an Alumni Councilor, Area Enrollment for Admissions and as Head Agent for the Dartmouth Alumni Fund for the Class of 1972.
NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $6.0 billion at June 30, 2012. The company primarily operates through NBT Bank, N.A., a full-servicecommunity bank with three divisions, and through two financial services companies. NBT Bank, N.A. has 137 locations, including 97 NBT Bank offices in upstate New York, northwestern Vermont and western Massachusetts. NBT’s Pennstar Bank division operates from 35 locations in northeastern Pennsylvania, and its Hampshire First Bank division operates from five locations in southern New Hampshire. Mang Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. EPIC Advisors, Inc., based in Rochester, NY, is a full-service 401(k) plan recordkeeping firm.