Spiess succeeds Stone as Centrix chairman

Paul Spiess has taken the reins as chairman of Centrix Bank’s board of directors, succeeding Philip Stone, who has headed the bank’s board since its founding.

Joseph B. Reilly, president and CEO of Centrix said Spiess took over for Stone on May 1. He said Stone will continue to hold a position with the board as well as remain a part of its executive committee. The change in chairmanship was the next step in a board succession plan developed in 2006, Reilly said.

“Phil was instrumental in the rollout of Centrix and consequently led the board in a superior fashion,” Reilly said. “As the next phase of chairmanship begins, I am confident that Centrix will benefit from Paul’s professional guidance. His qualifications boast much promise for our institution,” he added.

Spiess is founder, president and CEO of Orrin Corp., an Amherst-based real estate investment and financial consulting firm. He also is a member of the executive committee of the Citizens Health Initiative and serves as a health-care adviser to Gov. John Lynch. – JEFF FEINGOLD