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Cambridge Bancorp Announces New Appointment to Board of Directors


Published on 2012-05-16 12:36:39 - Market Wire
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CAMBRIDGE, Mass.--([ ])--[ Cambridge Bancorp ] (OTCBB: CATC) and its subsidiary, Cambridge Trust Company, announced the appointment of Hambleton (Ham) Lord to its 12-member Board of Directors. Mr. Lord is the managing director of LaunchPad Venture Group, a Boston-based angel group that focuses on seed and early-stage investments for technology companies. He is a board member for Qstream, and a board observer for Building Engines and EveryScape.

"We are pleased to welcome Ham to the Board of Directors"

aWe are pleased to welcome Ham to the Board of Directors,a said [ Joseph V. Roller ], president and CEO of Cambridge Bancorp and Cambridge Trust Company. aHis extensive experience working with start-ups in the technology sector will make him a valuable contributor to the Board and help Cambridge Trust better serve the Boston areaas growing innovation sector.a

aI am excited to be a part of Cambridge Trust Company. Cambridge Trust has always been dedicated to helping small businesses in the community grow. I look forward to working with them to continue their mission and expand into the innovation market,a said Mr. Lord.

With over 25 years of experience in the software industry, Mr. Lord is an active investor and advisor to early stage companies. Mr. Lordas senior management experience most recently includes co-founding and serving as the vice president of marketing for Advanced Visual Systems (AVS). Prior to AVS, he helped launch two computational chemistry companies, MicroChem Technologies and Polygen, making them pioneers in the development of software for drug discovery, and were part of an industry wide acquisition roll-up that resulted in Accelrys Inc (NASDAQ: ACCL).

Mr. Lord is a member of the Corporation of the Woods Hole Oceanographic Institute and has previously served as a board member of the Charles River School and the Cape Cod Conservatory. He graduated magna cum laude with a degree in computer science from Brown University.

About Cambridge Bancorp

Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 122-year-old Massachusetts chartered commercial bank with $1.3 billion in total assets and [ 11 Massachusetts locations ] in Cambridge, Beacon Hill, Belmont, Concord, Lexington, Lincoln, and Weston. Cambridge Trust Company is one of New Englandas leaders in wealth management with $1.7 billion in client assets under management. In addition, Cambridge Trust Company of New Hampshire offers wealth management services at two New Hampshire locations, Concord and Portsmouth.

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