BDC Capital Announces Two New Members of the Board of Directors

BDC Capital Announces Sheryl McQuade & Mark Foster as New Members of the Board of Directors  

Feb. 2024, Wakefield, MA – BDC Capital Corp. has announced two new members of the board of directors. “We are delighted that two executives of the caliber of Sheryl McQuade and Mark Foster have joined our organization” said Patrick J. Sullivan, Senior EVP and Area Executive – New England, M&T Bank. “I’ve known both Sheryl and Mark for years, and both bring a wealth of experience and a vast knowledge of the financial products and markets which we serve. We’ll look to them to assist us with defining our market strategy in the future.”

Sheryl McQuade is Regional President of TD Bank’s New England Metro, covering Maine, Vermont, New Hampshire, Rhode Island, Massachusetts and Connecticut. Sheryl is responsible for providing strategic direction and sales leadership to TD Bank’s New England retail, small business, commercial and middle market banking operations and lending services, and oversees a network of approximately 300 stores. She leads a team of nearly 2,900 colleagues in these businesses across the Metro.

Sheryl has more than 35 years’ experience in banking and joined TD Bank in 2019. Outside of work, Sheryl serves on the boards of directors of the Massachusetts Business Roundtable, Greater Boston Chamber of Commerce, New Hampshire Business and Industry Association and on the Board of Trustees of The Granite YMCA. She is also a member of the International Women’s Forum. She holds a bachelor’s degree in finance from Lehigh University and an MBA from Western New England University in Massachusetts.

Mark Foster is Senior Managing Director of Berkshire Bank’s Asset Based Lending business line. He leads a group of 9 lenders covering the bank’s New England and upstate NY footprint as well as a team in the Mid-Atlantic region. The group has over $1 billion of commitments and services the middle market loan space with Asset Based Loan facilities in the $3 million to $50 million loan size.

Mark has over 35 years of experience in Asset Based Lending. He has been involved in all areas of the business from field examination, credit analysis, and business development responsibilities. He has led the team at Berkshire Bank since 2013. Prior to Berkshire, Mark held positions at TD Bank, Wells Fargo, Baybank, and Shawmut Bank.

Mark is a member of the SFNET and the Turnaround Management Association. He is a graduate of Middlebury College and currently resides in North Reading, Massachusetts.

For more information, contact:

Paul F. Flynn, Jr., President & CEO

(781) 928-1133

(617) 921-2695 (cell)