People: Astoria Financial Corp (AF)
AF on New York Consolidated
10.24USD
18 Jun 2013
10.24USD
18 Jun 2013
Price Change (% chg)
$0.22 (+2.20%)
$0.22 (+2.20%)
Prev Close
$10.02
$10.02
Open
$10.06
$10.06
Day's High
$10.25
$10.25
Day's Low
$10.00
$10.00
Volume
599,838
599,838
Avg. Vol
560,025
560,025
52-wk High
$11.08
$11.08
52-wk Low
$8.88
$8.88
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Ralph Palleschi |
66 | 2012 | Chairman of the Board |
Monte Redman |
62 | 2011 | President, Chief Executive Officer, Director |
Gerard Keegan |
66 | 2012 | Vice Chairman of the Board, Chief Operating Officer, Senior Executive Vice President |
Frank Fusco |
49 | 2012 | Chief Financial Officer, Senior Executive Vice President |
Robert DeStefano |
54 | 2012 | Executive Vice President, Chief Information Officer |
Alan Eggleston |
59 | 2012 | Senior Executive Vice President, Chief Risk Officer, Secretary |
Josie Callari |
60 | 2012 | Executive Vice President |
Brian Edwards |
52 | 2012 | Executive Vice President |
Gary Honstedt |
58 | 2012 | Executive Vice President |
Stephen Sipola |
55 | 2013 | Executive Vice President |
John Chrin |
49 | 2009 | Independent Director |
John Corrado |
51 | 2012 | Independent Director |
Peter Haeffner |
74 | 1997 | Independent Director |
Brian Leeney |
63 | 2009 | Independent Director |
Patricia Nazemetz |
63 | 2013 | Independent Director |
Biographies
| Name | Description |
|---|---|
Ralph Palleschi |
Mr. Ralph F. Palleschi is Chairman of the Board of Astoria Financial Corp., and the Association since June 21, 2012. He serves as a director of AFC and the Association since 1996. In 1983, he co-founded First Long Island Investors, Inc., an investment advisor registered under the Investment Advisers Act of 1940, as amended, and a broker/dealer registered with the SEC. He continues to serve as a director and is President and Chief Operating Officer of its successor companies, First Long Island Investors, LLC and FLI Investors, LLC. From 1993 to 1997, he served as Chief Operating Officer of the New York Islanders hockey team. From 1977 to 1983, he served as Vice President - Finance and Chief Financial Officer of Entenmann’s Inc., a publicly traded food products company. From 1968 to 1977, he was employed by Peat, Marwick, Mitchell & Co., the predecessor of KPMG LLP. He is Chairman of the Board of Trustees of the Variety Child Learning Center and a member of the Board of Directors of the Viscardi Center. |
Monte Redman |
Mr. Monte N. Redman serves as President, Chief Executive Officer, Director of Astoria Financial Corp., and the Association since July 2011. He served as President and Chief Operating Officer of AFC and the Association from August 2007 to June 2011. He served as Executive Vice President and Chief Financial Officer of AFC from December 1997 to August 2007. He served as Senior Vice President, Treasurer and Chief Financial Officer of AFC from its formation in 1993 to 1997. He joined the Association in 1977. In 1979, he was named Assistant Controller, and, in 1982, Assistant Vice President. Mr. Redman became Vice President and Investment Officer in 1985, was appointed Senior Vice President, Treasurer and Chief Financial Officer in 1989 and was appointed Executive Vice President and Chief Financial Officer in 1997. He serves on the Board of Directors of the New York Banker’s Association and is the past Chairman and current member of the Board of Directors of the national Tourette Syndrome Association. |
Gerard Keegan |
Mr. Gerard C. Keegan serves as Vice Chairman of the Board, Chief Operating Officer, Senior Executive Vice President of Astoria Financial Corp., and the Association since January 2012. He served as Vice Chairman, Chief Administrative Officer and a director from September 30, 1997, when he joined AFC following the acquisition of The Greater New York Savings Bank, referred to as The Greater, and its merger with and into the Association, referred to as The Greater Acquisition. He is responsible for the retail and business banking, commercial real estate lending, residential mortgage lending and marketing areas of the Association. Prior to joining AFC, Mr. Keegan served from 1991 to 1997 as Chairman, President and Chief Executive Officer of The Greater. From 1988 to 1991, he served as President and Chief Operating Officer of The Greater. He served as a director of The Greater from 1988 to 1997. |
Frank Fusco |
Mr. Frank E. Fusco serves as Chief Financial Officer, Senior Executive Vice President of Astoria Financial Corp., and the Association. He is a certified public accountant, has served as Senior Executive Vice President since January 2012, and as Chief Financial Officer of AFC and the Association since August 2007. He served as Treasurer of AFC and the Association from 2007 to 2012. He is responsible for the treasury operations, investments, accounting operations, investor relations, financial, management and tax reporting areas, the financial planning area and the information services area of the Association and AFC. He joined the Association in 1989. He served as Assistant Vice President from 1990 to 1992, as Vice President from 1992 to 1994, as First Vice President from 1994 to 1997, as Senior Vice President and Treasurer from 1997 to 2007, as Executive Vice President, Treasurer and Chief Financial Officer from 2007 to 2011. He served in the same positions with AFC commencing in 1993. Prior to joining the Association, Mr. Fusco was employed as an auditor by Peat, Marwick, Mitchell & Co., predecessor to KPMG LLP, and as an officer of another thrift institution. |
Robert DeStefano |
Mr. Robert J. DeStefano serves as Executive Vice President, Chief Information Officer of Astoria Financial Corp., and the Association since January 2012. He served as Senior Vice President and Chief Information Officer of the Association from December 1997 to January 2012. He is responsible for the implementation of information technology strategies throughout the organization. He joined the Association in 1986. From 1986 to 1992 he held various positions in the Internal Audit Department, including Assistant Vice President and Information Technology Manager. In 1993, he was appointed Vice President and Director of the Information Services Department. Mr. DeStefano holds several business and technical certifications from the Information Services Audit and Control Association and the Certified Fraud Examiners Association. He is a member of the Association of Information Technology Professionals, the Contingency Planning Exchange and the Wall Street Technology Association. He has held past positions as Vice President and a member of the Board of Governors of the Long Island Chapter of the Institute of Internal Auditors, member of Verizon’s Customer Advisory Board, member of the International Information Security Consortium, and member of the Board of Directors of Mercy Haven, Inc. Prior to joining the Association, Mr. DeStefano held positions with several financial institutions. |
Alan Eggleston |
Mr. Alan P. Eggleston serves as Senior Executive Vice President, Chief Risk Officer, Secretary of Astoria Financial Corp., and the Association. He is responsible for the legal, enterprise risk management, credit, asset review and compliance areas of AFC and the Association. He served as Executive Vice President and General Counsel of AFC and the Association from December 1997 to December 2011. He served as Senior Vice President and General Counsel of AFC from 1996 to 1997. He joined the Association in 1993 as Vice President and General Counsel. In 1994, he was named Vice President and General Counsel of AFC. In 1995, he became First Vice President and General Counsel of AFC and the Association. Prior to joining the Association, he served as an executive officer and counsel to several thrift institutions. |
Josie Callari |
Ms. Josie Callari serves as Executive Vice President of Astoria Financial Corp., and the Association. She has served as Executive Vice President of AFC and the Association, and Chief Support Services Officer of the Association since January 2012. She is responsible for the human resources, general services, facilities and security areas of AFC and the Association. She served as Senior Vice President and Director of Banking Operations of the Association from December 1997 to December 2011. Ms. Callari joined the Association in December 1975 and held various positions in the retail branch network until 1987. From December 1987 to 1989 she served as Assistant Vice President, Operations and Product Development. She served as First Assistant Vice President, Retail Operations and Support from 1989 to 1993, and as Vice President, Retail Operations and Support from December 1993 to December 1997. Ms. Callari serves on the corporate committees of the Association for the Help of Retarded Children, the Education and Assistance Corporation and the School for Language and Development. |
Brian Edwards |
Mr. Brian T. Edwards serves asExecutive Vice President of Astoria Financial Corp., and the Association. He has served as Executive Vice President of AFC and the Association, and Managing Director of the Retail Banking Group of the Association, since January 2012. He is responsible for the retail banking, marketing, public relations, product management, banking operations and corporate education areas of the Association. Mr. Edwards served as Senior Vice President and Director of Marketing and Public Relations of the Association from December 2000 to December 2011. He joined the Association in 1998 as First Vice President. Prior to joining the Association, Mr. Edwards was employed as a senior officer at two commercial banks, and held marketing and sales management positions with the New York Islanders and a consumer packaged goods company. He serves as a member of the Board of Directors of SCO Services in New York, the Education and Assistance Corporation of Long Island and is past Chairman, President and current board member of the Advancement for Commerce, Industry and Technology of Long Island. |
Gary Honstedt |
Mr. Gary M. Honstedt serves as Executive Vice President of Astoria Financial Corp., and Association. He is also Managing Director of the Multi-Commercial Real Estate Group of the Association, since January 2012. He joined the Association in February 2011 as Senior Vice President and Director of the Multi-Commercial Real Estate Group. From 1995 to 2010, he served as President of the National Commercial Real Estate Lending Division of Sovereign Bank and its predecessor Independence Savings Bank. From 1986 to 1995, he served as a Vice President and Mortgage Officer of Independence Savings Bank. From 1971 to 1986, he served in various capacities in the Mortgage Department of Williamsburgh Savings Bank. |
Stephen Sipola |
Mr. Stephen J. Sipola is Executive Vice President of Astoria Financial Corp., and the Association., since January 2013. He is also Managing Director of the Association’s Business Banking Group, since January 2013. He served as Senior Vice President and Director of Business Banking of the Association from April 2011 to December 2012. Mr. Sipola is responsible for the Business Banking Group’s new business development, loan underwriting, loan operations and treasury management products and services. Prior to joining the Association in 2011, Mr. Sipola was employed as a Senior Vice President at North Fork Bank and its successor, Capital One Bank from March 2003 to April 2011 with responsibilities that included sourcing and underwriting loans for middle market companies in the New York metropolitan area. At Capital One Bank. He served as a Vice President at The Bank of New York form March 1993 to March 2003, with responsibilities in the Small Business, Middle Market and Marine Transportation Divisions. Prior to 1993 he held several positions in the Business Banking Division of Manufacturer’s Hanover Trust Company. Mr. Sipola serves as a trustee of the The Long Island Home, a not-for-profit health care organization. He has previously served on the boards of directors of the Long Island Association, the American Heart Association, Outreach Project and the Advancement for Commerce, Industry and Technology of Long Island. |
John Chrin |
Mr. John R. Chrin is Independent Director of Astoria Financial Corp., and the Association since December 2009. He serves as Chairman of the Audit Committee of the Board. Since February 2012, he has been a partner in Circle Wealth Management, LLC, a Registered Investment Advisor. From August 2009 through December 2011, Mr. Chrin served as Global Financial Services Executive-in-Residence and Financial Services Laboratory Fellow at Lehigh University. From 1999 until 2009, he served in a variety of capacities with JPMorgan Chase & Co., culminating in his serving as a Managing Director, Financial Institutions Group and co-head of Financial Institutions Mergers and Acquisitions. From 1994 to 1999, he served in a variety of capacities with Merrill Lynch & Co., culminating in his service as Director, Financial Institutions Group. From 1988 to 1994, he served in a variety of capacities with JPMorgan & Co., culminating in his service as a Vice President, Financial Institutions Group. Mr. Chrin also serves as a senior advisor to Century Capital Management, LLC, a Boston based private equity firm. |
John Corrado |
Mr. John J. Corrado is Independent Director of Astoria Financial Corp., and the Association since September 2012. Since 1995, he has served as president of Suffolk Bus Corp. and Suffolk Transportation Service, Inc. From 1988 to 1995, he served as Vice President of Suffolk Bus Corp. From 1986 to 1988, he was employed by the public accounting firm of Deloitte Haskins & Sells, the predecessor of Deloitte LLP. Mr. Corrado is Chairman of United Way of Long Island, a member of the SUNY Stony Brook Council, and serves on the boards of directors of NYC COP-SHOT, the Suffolk County Parks Foundation and the Make It Count Foundation. |
Peter Haeffner |
Mr. Peter C. Haeffner, Jr., is Independent Director of Astoria Financial Corp., and the Association since September 30, 1997. He serves as Chairman of the Loan Committee of the Board of Directors of the Association. He is Managing Director and Principal of Sphaeff, LLC, a real estate investment and advisory company. From 2005 to 2009, he served as Managing Director and Principal of PHAEF, LLC, a real estate and investment advisory company. From 2001 to 2004, he served as Managing Director and Principal of Real Estate Trade Advisors LLC, a real estate finance and advisory company. From December 1998 to June 2001, he served as Senior Director, Financial Services Group, of Cushman & Wakefield, Inc., a real estate firm. Mr. Haeffner served as Senior Managing Director, Financial Services Group, Corporate Advisory and Finance Division of Cushman & Wakefield, Inc. from December 1997 to December 1998 and as its Eastern Regional Director, Financial Services Group from May 1994 to December 1997. Previously, Mr. Haeffner was President and Managing Director of Sonnenblick-Goldman Company, a real estate firm, for a period of eight years. Mr. Haeffner served as a director of The Greater from 1992 to 1997. |
Brian Leeney |
Mr. Brian M. Leeney is Independent Director of Astoria Financial Corp., and the Association since August 2009. He serves as Chairman of the Enterprise Risk Management Committee of the Board. From 1968 to 2003, Mr. Leeney served in a variety of capacities for Allied Irish Banks and its subsidiary companies. From 2002 to 2003 and from 1996 to 2001, he served as Executive Vice President and Director of Mergers and Acquisitions and as Executive Vice President and General Manager, respectively, of Allied Irish Banks USA. From 2001 to 2002, he served as Chairman and Chief Executive Officer of CCS, Inc., a philanthropic fund raising consulting firm. From 1994 to 1995, he served as Executive Vice President and Head of the Commercial Real Estate Division of First Maryland Bancorp. From 1991 to 1994, he served as Senior Vice President and General Manager of Allied Irish Banks New York and, from 1968 to 1990, he held a variety of positions with Allied Irish Banks in Dublin, Ireland. |
Patricia Nazemetz |
Ms. Patricia M. Nazemetz is Independent Director of Astoria Financial Corporation and the Association since January 23, 2013. Since 2011, she has served as principal of NAZ DEC LLC, a human resources consulting company specializing in executive transition. From 1999 to 2011, she served as Corporate Vice President and Chief Human Resources Officer of Xerox Corporation, overseeing all human resources programs, policies and practices, and providing regular advice and counsel to the CEO and the senior management team. From 1979 to 1999, she worked within the Human Resources Department of Xerox Corporation and was responsible for executive compensation, employee benefits, global pay strategy, workplace diversity and information systems. Ms. Nazemetz serves on the board of directors of WMS Industries Inc., a NYSE-listed company, as well as such board’s Compensation Committee and Nominating and Corporate Governance Committee. She serves on the board of directors of the Catholic Health Services of Long Island, where she chairs the Personnel and Benefits Committee and serves as a member of the Compensation and Audit Committees. She has served as a member of the board of trustees of Fordham University since 2000 and served as a member of the board of directors of Energy East Corp., a public company, from 2007 to 2008. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Ralph Palleschi |
-- |
Monte Redman |
2,333,180 |
Gerard Keegan |
940,681 |
Frank Fusco |
982,541 |
Robert DeStefano |
-- |
Alan Eggleston |
885,983 |
Josie Callari |
-- |
Brian Edwards |
-- |
Gary Honstedt |
849,361 |
Stephen Sipola |
-- |
John Chrin |
-- |
John Corrado |
-- |
Peter Haeffner |
-- |
Brian Leeney |
-- |
Patricia Nazemetz |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Ralph Palleschi |
0 | 0 |
Monte Redman |
1,295,409 | 11,786,180 |
Gerard Keegan |
1,048,400 | 10,642,692 |
Frank Fusco |
32,759 | 46,246 |
Robert DeStefano |
0 | 0 |
Alan Eggleston |
732,264 | 5,950,004 |
Josie Callari |
0 | 0 |
Brian Edwards |
0 | 0 |
Gary Honstedt |
0 | 0 |
Stephen Sipola |
0 | 0 |
John Chrin |
0 | 0 |
John Corrado |
0 | 0 |
Peter Haeffner |
0 | 0 |
Brian Leeney |
0 | 0 |
Patricia Nazemetz |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DESTEFANO ROBERT J |
4,270 | $9.77 |
REDMAN MONTE N |
7,096 | $9.73 |
REDMAN MONTE N |
12,904 | $9.69 |
EGGLESTON ALAN P |
226 | $9.87 |
CONEFRY JOHN J JR |
4,639 | $0.00 |
CONEFRY JOHN J JR |
1,031 | $0.00 |
CONEFRY JOHN J JR |
3,160 | $0.00 |
CONEFRY JOHN J JR |
3,461 | $9.83 |
PALLESCHI RALPH F |
3,461 | $0.00 |
LEENEY BRIAN M |
3,461 | $9.83 |
CHRIN JOHN R |
3,461 | $0.00 |
CONEFRY JOHN J JR |
3,461 | $0.00 |
LEENEY BRIAN M |
3,461 | $0.00 |
PALLESCHI RALPH F |
3,461 | $9.83 |
HAEFFNER PETER C JR |
3,461 | $9.88 |
HAEFFNER PETER C JR |
3,461 | $9.83 |
CHRIN JOHN R |
3,461 | $9.83 |
HAEFFNER PETER C JR |
3,461 | $0.00 |
REDMAN MONTE N |
310 | $0.00 |
CALLARI JOSIE |
2,337 | $9.74 |
EGGLESTON ALAN P |
500 | $9.73 |
REDMAN MONTE N |
9,000 | $9.75 |
EDWARDS BRIAN T |
200 | $9.76 |
DESTEFANO ROBERT J |
200 | $9.76 |
EDWARDS BRIAN T |
15 | $9.68 |
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