Joseph J. MarcAurele has a solid background in finance, holding a Bachelor's degree from the University of Rhode Island. He served as the CEO and Chairman at Washington Trust Bancorp from 2010 until his retirement in 2018. MarcAurele led the...

Joseph J. MarcAurele has a solid background in finance, holding a Bachelor's degree from the University of Rhode Island. He served as the CEO and Chairman at Washington Trust Bancorp from 2010 until his retirement in 2018. MarcAurele led the company through several solid years, achieving impressive growth, including record earnings of $76.9 million in 2021. During his time, he emphasized a strong corporate culture focused on ethics, inclusivity, and long-term goals. Interestingly, despite retiring, he continues to serve as a director for the bank, reflecting his commitment to the company and its future. His compensation varied widely during his tenure, with total compensation peaking at approximately $1.5 million in 2016, showing how tied his earnings were to the bank's performance. Under his leadership, Washington Trust maintained a competitive edge and focused on customer service and technology, adapting to changing market demands while achieving significant financial growth.