President and CEO, Cape Cod Five
Ms. Savarese is Chairman, President and Chief Executive Officer of the Cape Cod Five Mutual Company, the sole shareholder of the Cape Cod Five Cents Savings Bank. The bank has grown to over $3.0 billion in assets and employs over 450 people in its 27 facilities throughout Cape Cod, the Islands and Southeastern Massachusetts. She is Chairman of the Board of Trustees of the Cape Cod Five and Chairman of The Cape Cod Five Cents Savings Bank Charitable Foundation Trust, with $14.0 million in assets.
Ms. Savarese was named Chief Operating Officer in 2004, and President and Chief Executive Officer in 2005. In June, she celebrated her 25th year with the bank.
She also serves as Chairman of the Board of Trustees of Cape Cod Five and Chairman of The Cape Cod Five Cents Savings Bank Charitable Foundation Trust. She is a former Chairman of the Massachusetts Bankers Association, a former Chairman and Board Member of the Cape Cod Chamber of Commerce Board of Directors, and has served on the American Bankers Mutual Insurance Ltd. Board and the FDIC Advisory Committee on Community Banking.
In 2017, Dorothy was named one of the 25 Most Powerful Women in Banking by American Banker magazine for the sixth consecutive year.