Sean A. Gray was named President and Chief Executive Officer of Beacon Financial Corp, succeeding Paul A. Perrault. As of November 6, 2026, Beacon Financial Corp has reported 4 leadership change filings to the SEC under Item 5.02 of Form 8-K, from August 3, 2026 to November 3, 2026, naming 1 appointment and 1 departure (Form 8-K, September 21, 2026).
Beacon Financial Corp named a new President and Chief Executive Officer on Sep 21. 30 companies changed executives this week.
Companies that just changed executives, and the new executive. Before you unlock: the company, the change and what is inside. After: the executive named with their role, how to reach the company, and a person's email only when we found one.
| John Hancock Comvest Private Income Fund | named a new Chief Financial Officer | |
| Bain Capital Specialty Finance, Inc. | named a new Director | |
| Azora Therapeutics, Inc. (DE) | named a new Director | |
| LASE Corp. | named a new Director | |
| Century Communities, Inc. | named a new Executive Chairman |
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Key facts
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-11-03
- · In / out: Reported · Person: not named in the filing · 8-K/A, 2026-09-30
- · In / out: Out · Person: Paul A. Perrault · Role: President and Chief Executive Officer · Effective: 2026-09-21 · 8-K, 2026-09-21
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-08-03
Beacon Financial Corp reported changes in 4 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-08-03 to 2026-11-03. They name 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Beacon Financial Corp files it.
Also on the record for Beacon Financial Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| October 23, 2026 | Stake report, Schedule 13G/A, by Millennium Management LLC | 4.2% of the class | 5%+ stakes | Source |
| August 14, 2026 | Stake report, Schedule 13G/A, by Fuller & Thaler Asset Management, Inc. | 4.7% of the class | 5%+ stakes | Source |
| April 29, 2026 | Stake report, Schedule 13G, by Vanguard Capital Management | 5.25% of the class | 5%+ stakes | Source |
| April 29, 2026 | Stake report, Schedule 13G, by Vanguard Portfolio Management | 6.19% of the class | 5%+ stakes | Source |
| March 26, 2026 | Stake report, Schedule 13G, by Millennium Management LLC | 5.6% of the class | 5%+ stakes | Source |
| March 26, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| August 14, 2025 | Stake report, Schedule 13G, by Fuller & Thaler Asset Management, Inc. | 5.9% of the class | 5%+ stakes | Source |
| August 11, 2025 | Stake report, Schedule 13G, by STATE STREET CORPORATION | 5.2% of the class | 5%+ stakes | Source |
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More on Beacon Financial Corp and the records around it.
Beacon Financial Corp elsewhere on the record
Companies that share a holder
- Fuller & Thaler Asset Management, Inc. also filed stake reports on 35 other companies: COLLEGIUM PHARMACEUTICAL, INC (Aug 2026), Graphic Packaging Holding Co (Aug 2026), Primoris Services Corp (Aug 2026)
- Integrated Core Strategies (US) LLC also filed stake reports on 63 other companies: SkinHealth Systems Inc. (Nov 2026), Infinite Eagle Acquisition Corp. (Nov 2026), Longeveron Inc. (Nov 2026)
- STATE STREET CORPORATION also filed stake reports on 343 other companies: TRADE DESK INC/THE (Oct 2026), CENTRUS ENERGY CORP (Sep 2026), ACADIA PHARMACEUTICALS INC (Aug 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-11-03 | Reported | not named in the filing | 8-K, 2026-11-03 | ||
| 2026-09-30 | Reported | not named in the filing | 8-K/A, 2026-09-30 | ||
| 2026-09-21 | Out | President and Chief Executive Officer | 2026-09-21 | 8-K, 2026-09-21 | |
| 2026-09-21 | In | President and Chief Executive Officer | 8-K, 2026-09-21 | ||
| 2026-08-03 | Reported | not named in the filing | 8-K, 2026-08-03 |
Who leads Beacon Financial Corp, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- President and Chief Executive Officer: Paul A. Perrault, departure reported, effective 2026-09-21 (filed 2026-09-21). No successor is named in these filings.
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Reported
On October 29, 2026, Beacon Financial Corporation (the "Company") and Beacon Bank & Trust (the "Bank") entered into an employment agreement (the "Employment Agreement") with Sean A. Gray, effective as of September 21, 2026 (the "Effective Date"), in connection with his previously announced appointment as President and Chief Executive Officer of the Company and Bank.
- In accordance with the terms of the Employment Agreement, Mr. Gray will receive an annual base salary of $1,000,000 and be eligible to receive an annual cash bonus with a target value of 75% of base salary.
- For the 2026 fiscal year, Mr. Gray's bonus opportunity is based on his prior bonus opportunity for the period from January 1, 2026 to the Effective Date and the bonus opportunity pursuant to the Employment Agreement for the remainder of the fiscal year.
- Mr. Gray is also eligible to receive annual equity awards with a grant date fair value of 105% of base salary.
- In addition, in connection with Mr. Gray's promotion, he received a one-time award of restricted stock with a grant date value of $275,000, which will vest in three equal tranches on the first, second, and third anniversaries of the grant date.
- However, if such termination occurs within 24 months following a change in control of the Company, the cash amount payable pursuant to clause (i) above will be equal to three times the sum of his base salary and annual target bonus.
Reported
Resignation of John M. Pereira On September 28, 2026, John M. Pereira informed Beacon Financial Corporation (the "Company") and its wholly owned subsidiary Beacon Bank & Trust (the "Bank") that he will resign from the boards of directors of the Company and Bank, in each case effective as of September 30, 2026 (the "Effective Date").
Departing: Paul A. Perrault, President and Chief Executive Officer, effective 2026-09-21
Retirement of Paul A. Perrault On September 15, 2026, Paul A. Perrault informed the boards of directors of Beacon Financial Corporation (the "Company") and its wholly owned subsidiary Beacon Bank & Trust (the "Bank") that he will retire as President and Chief Executive Officer of the Company and the Bank and resign from the boards of directors of the Company and Bank, in each case effective as of September 21, 2026 (the "Effective Date").
Appointed: Sean A. Gray, President and Chief Executive Officer
The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Consulting Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K. Appointment of Sean A. Gray as President and Chief Executive Officer In connection with Mr. Perrault's retirement, the boards of directors of the Company and the Bank appointed Sean A. Gray, age 50, as President and Chief Executive Officer of the Company and the Bank, in each case effective as of the Effective Date.
- To assist with the transition, Mr. Perrault has agreed to provide consulting services for twelve months following the Effective Date, pursuant to the terms of a consulting agreement (the "Consulting Agreement").
- The Consulting Agreement provides for (i) a consulting fee of $120,000 per month, (ii) payment of his annual bonus for 2026, based on actual performance, and (iii) continuation of certain benefits.
- The Consulting Agreement also acknowledges certain benefits that Mr. Perrault is entitled to receive on retirement pursuant to his existing employment agreement and the Company's Equity Award Treatment Upon Retirement ("Good Leaver") Policy, subject to Mr. Perrault's execution of a release of claims and his entrance into certain restrictive covenant obligations set forth in the Consulting Agreement.
- Mr. Gray was also appointed to the boards of directors of the Company and the Bank, in each case effective as of the Effective Date.
- Mr. Gray will not serve on any committees of the Company or Bank boards.
- Mr. Gray previously served as Chief Operating Officer for the Company since 2025 following the merger between Brookline Bancorp, Inc. and Berkshire Hills Bancorp, Inc. to create the Company.
Reported
Beacon Financial Corporation (the "Company") announced the retirement of Wm.
- Gordon Prescott as General Counsel and Corporate Secretary effective as of July 31, 2026.
- The Company also announced the appointment of John B. Eagan as General Counsel and Corporate Secretary effective as of August 1, 2026.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.