Clayton Deutsch, CEO of Boston Private Financial Holdings Inc., will step down from the company this month to be replaced by a former Credit Suisse and UBS executive.
Deutsch’s departure from Boston Private (Nasdaq: BPFH) has been in the works for more than a year, the company said in a statement Monday. The 63-year-old Deutsch plans to retire on Nov. 26.
His replacement that day will be Anthony DeChellis, whose last executive role was as president of OurCrowd, an equity crowdfunding platform.…