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Merchants Bancshares appoints new SVP and general counsel

Merchants Bancshares has appointed Sheldon Prentice as senior vice president and general counsel of the bank with effect from March 31, 2008.

Mr Prentice has been senior vice president, general counsel and corporate secretary at Chittenden and Chittenden Trust Company for more than 22 years. He has been active in the Vermont Bankers Association, serving as chair of the government relations committee for a number of years and is currently on the executive committee. He has also been active in the Vermont Bar Association, and is currently a member of the board of bar managers.

Michael Tuttle, president and CEO, said: We are delighted to have Sheldon join the Merchants team. He is well qualified to serve in the role of general counsel, given his extensive knowledge and experience with increasingly complex regulatory requirements, coupled with his unique understanding and appreciation of all things Vermont.