Erik Porter has been appointed to serve as the next president and chief executive officer of The Cooperative Bank of Cape Cod. Erik will succeed current President and CEO Lisa Oliver upon her retirement in October 2025.
He has served as the bank’s chief financial officer since 2023, where he is responsible for treasury, budgeting, tax, accounting, asset and liability management and financial control activities. He also plans, directs and controls the Bank’s overall financial plans and policies, accounting practices and relationships with lending institutions and the financial community.
Erik is an accomplished financial services industry executive with more than two decades of experience. He’s previously held senior leadership roles at Metro Credit Union, Cape Cod Five Cents Savings Bank, CFGI, Wainwright Bank & Trust and Wolf & Company P.C.
Erik holds a bachelor’s degree with concentrations in accounting, finance and economics from Western New England College. He is also an honors graduate of the American Bankers Association (ABA) Stonier Graduate School of Banking, where he also earned the Wharton Leadership Certificate from The Wharton School, Aresty Institute of Executive Education at the University of Pennsylvania.
Active in professional organizations and community affairs, he serves on the Board of Directors of the Cape and Islands United Way. He is also a former President and member of the Board of Directors of the Boston Chapter of the Financial Manager’s Society and previously served on the Board of Directors of The Family Pantry of Cape Cod for more than three years.