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Forrest Russell Cook
Forrest Cook was a senior vice president and retail division head at State Street Bank in Boston. He served on the senior management committee and long range planning committee. He was one of the s...view moreForrest Cook was a senior vice president and retail division head at State Street Bank in Boston. He served on the senior management committee and long range planning committee. He was one of the senior officers who was instrumental in the transition of an old-line Boston bank to a more entrepreneurial organization.
Cook recommended State Streets entry into bank credit cards, which greatly expanded the banks retail base and competitive position. It also was the beginning of the evolution of electronic banking.
He later served as president and chief executive officer of South Shore Bank in Quincy, Massachusetts. South Shore was a highly regarded regional bank that covered a large territory from Boston to Rhode Island and Cape Cod. South Shore also owned a mortgage company.
Cook experienced many changes in the banking world during his career, including the government dismantling of the residential mortgage market. He decided the story of banking and the housing collapse that led to the Financial Crisis needed to be told by someone who actually ran a large bank and mortgage company.
Cook graduated from Bowdoin College, was the class president in Rutgers University Stonier Graduate School of Banking, and was the class treasurer in Harvard Business School Advanced Management. He was a second lieutenant in the army and served six years in the reserve as captain. He resides in New England with his family.view less