Cornerstone Bank recently welcomed Michael Gilchrist as its new vice president, controller. In this role, the Millbury resident will develop and execute the company’s financial vision, improve upon and develop new processes and controls, and lead the finance and accounting team. This includes providing insight and recommendations on current and new revenue streams and completing the annual budget.
“Michael is a great fit for this pivotal role in our organization’s future success,” said Cornerstone Bank CEO Todd Tallman. “He’ll be integral to improving our current financial systems and evaluating new systems that may better meet our future needs while shaping the overall finance and accounting functions for success in an ever-changing environment.”
With over 11 years’ experience in the field, Gilchrist has worked for various large public, private and private equity-held companies such as Staples, BJ's Wholesale Club, Milton CAT and Central Garden & Pet specializing in GAAP and SOX audit compliance as well as system and process improvements using a continuous improvement mindset.
Gilchrist is a graduate of Nichols College in Dudley with a degree in accounting, and volunteers on the Dorothy Pond Restoration Committee in Millbury.