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Douglas K. Anderson is the former President and Chief Operating Officer of Savings Bank of Manchester and a Director of Connecticut Bancshares, Inc., until its acquisition by NewAlliance in April 2004. Currently, Mr. Anderson is a Director and the former Chairman, Chief Executive Officer and President of Open Solutions, Inc. ("OSI"), a Glastonbury, Connecticut based company that provides e-business and software applications for community financial institutions. Mr. Anderson has considerable experience in many bank operating areas including accounting, legal, information technology and mergers and acquisitions. In addition to his professional affiliations, Mr. Anderson has been on the board of directors of numerous civic and charitable organizations, including Foodshare, the Antiquarian and Landmark Societies and the SBM Charitable Foundation. The Manchester Community College Foundation has also paid special tribute to Mr. Anderson as a board member for his significant fundraising contributions for student scholarships.
Mr. Anderson was appointed to the Board of Directors in July 2006. His term on the NewAlliance Board expires at the 2008 Annual Meeting of Shareholders.
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