People: First Niagara Financial Group Inc (FNFG.O)
FNFG.O on Nasdaq
10.01USD
18 Jun 2013
10.01USD
18 Jun 2013
Price Change (% chg)
$0.16 (+1.62%)
$0.16 (+1.62%)
Prev Close
$9.85
$9.85
Open
$9.88
$9.88
Day's High
$10.07
$10.07
Day's Low
$9.80
$9.80
Volume
2,477,477
2,477,477
Avg. Vol
4,081,403
4,081,403
52-wk High
$10.17
$10.17
52-wk Low
$7.08
$7.08
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
G. Thomas Bowers |
69 | 2007 | Independent Chairman of the Board |
Gary Crosby |
59 | 2013 | Interim President, Interim Chief Executive Officer |
Gregory Norwood |
56 | 2011 | Chief Financial Officer, Senior Vice President |
Daniel Cantara |
53 | 2012 | Senior Executive Vice President, Chief Banking Officer |
Oliver Sommer |
45 | 2010 | Executive Vice President - Corporate Development |
Thomas Baker |
69 | 2007 | Independent Director |
Roxanne Coady |
63 | 2011 | Independent Director |
Carl Florio |
64 | 2009 | Independent Director |
Carlton Highsmith |
61 | 2011 | Independent Director |
George Philip |
66 | 2007 | Independent Director |
Peter Robinson |
63 | 2011 | Independent Director |
Nathaniel Woodson |
71 | 2011 | Independent Director |
Jason Benten |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
G. Thomas Bowers |
Mr. G. Thomas Bowers is the Independent Chairman of the Board of First Niagara Financial Group, Inc. He has been Chairman of the Board since October 2007. He was elected to the Board in January 2003 upon completion of the merger between the Company and Finger Lakes Bancorp, Inc. where he had been Chairman, President, and Chief Executive Officer from 1995 to 2003. He is the former President, Chief Executive Officer and Chairman of Ithaca Bancorp, Inc., and he is the former President and Chief Executive Officer of Columbia Banking Savings and Loan Association, a Federal savings and loan. He has served two terms on the Board of the Federal Home Loan Bank of New York and on the board of over twenty non-profit organizations. Mr. Bowers also served as Chairman of the Board of Catalyst Direct, a privately held company in Rochester, New York. |
Gary Crosby |
Mr. Gary M. Crosby has been appointed as Interim President, Interim Chief Executive Officer of First Niagara Financial Group Inc., effective March 19, 2013. Mr. Crosby joined First Niagara in 2009, and has served as its Executive Vice President and Chief Administrative and Operating Officer. Before joining First Niagara, Crosby was a founding shareholder of ClientLogic Corporation serving as chief financial and chief operating officer. He was a partner with Seed Capital Partners, a venture capital firm, and has held senior financial leadership positions in banking and manufacturing. Crosby also dedicated five years to full-time community service, answering the call to turnaround the finances and operations of the Buffalo schools. Crosby is a magna cum laude graduate of Canisius College. |
Gregory Norwood |
Mr. Gregory W. Norwood is Chief Financial Officer, Senior Vice President of First Niagara Financial Group Inc. He joined First Niagara in April 2011, and previously served as Chief Risk Officer of Ally Bank. He also served as a Senior Risk Officer for the parent company, Ally Financial, formerly known as GMAC Financial, Inc. Prior to joining Ally in 2009, Norwood served as Treasurer of Wachovia from July 2008, having served in various other senior treasury positions since joining Wachovia in 2005. From 2001 to 2005, he was Corporate Controller for Bank of America. Previously, he was a partner with KPMG, serving financial services clients including some of the banks from the firm's New York and Charlotte, North Carolina offices. He started his career with KPMG in 1980 and was a Professional Accounting Fellow at the Securities and Exchange Commission from 1989 - 1991. Mr. Norwood earned his bachelor's degree in accounting from Northern Arizona University. |
Daniel Cantara |
Mr. Daniel E. Cantara, III, is Senior Executive Vice President, Chief Banking Officer of First Niagara Financial Group, Inc. He is responsible for oversight and leadership of all First Niagara's customer facing businesses including Commercial Services, Consumer Finance and Retail Banking operations. He has led the Commercial Services Group since 2007, and its financial services businesses, including insurance, benefits consulting since 2001, when he first joined the Company. Under his leadership, the Company's commercial lending business has established itself as a top regional franchise. Prior to joining First Niagara, Cantara spent more than 20 years in public accounting, including eight with Price Waterhouse and 12 as the managing partner of a regional accounting firm he co-founded. He earned his bachelor's degree in accounting and a MBA from the State University of New York at Buffalo. |
Oliver Sommer |
Mr. Oliver H. Sommer is no longer Executive Vice President - Corporate Development of First Niagara Financial Group Inc., effective as of June 30, 2013. Prior to joining the Company, he served as a consultant to the Company as President of Aston Associates, which he had been with since 1996. Prior to joining Aston, Mr. Sommer held various positions at CoreStates Bank in corporate and international banking, personal financial services, and investment management divisions. He has an MBA from the Fox School of Business at Temple University and a bachelor's degree from the Carroll School of Management at Boston College. |
Thomas Baker |
Mr. Thomas E. Baker is an Independent Director of First Niagara Financial Group, Inc. He is currently a director of Computer Task Group Incorporated, a company which provides high value, industry specific information technology solutions and services. He is a retired President of The John R. Oishei Foundation, the private foundation in Western New York, where he served from 1998 through 2006, and where he served on the Board until May 2012. Prior to that, he was with Price Waterhouse for 33 years, including 20 years as a partner and several years as Managing Partner of the Buffalo office. |
Roxanne Coady |
Ms. Roxanne J. Coady is Independent Director of First Niagara Financial Group, Inc. since April 2011. She was elected to the Board upon completion of the merger between the Company and NewAlliance Bancshares, Inc. where she served on the Audit Committee, as well as the Trust Committee which she chaired. She also chaired the Loan Committee, and served on the board of its predecessor, New Haven Savings Bank, since 1995. She is the founder, President and Chief Executive Officer of R.J. Julia Booksellers, Ltd. and the founder of an on-line retailer, JustTheRightBook.com. Ms. Coady is a former National Tax Director and Partner in BDO Seidman, Chairman of the Tax Division of the New York State Society of CPAs and Chair of the Partnership Committee Task Force of the American Institute of CPAs and has served as a Delegate for the White House Conference on Small Business. She is the founder and Chair of Read to Grow, a statewide literacy organization in Connecticut. Her business and community involvement also includes the Boards of the Connecticut Business and Industry Association, Governor’s Early Childhood Research and Policy Council, The Connecticut Council for Education Reform and the Kenyon Review. |
Carl Florio |
Mr. Carl A. Florio is an Independent Director of First Niagara Financial Group, Inc. since January 2009. He has been the Vice Chairman of Paradigm Capital Management, Inc., an institutional money management firm since 2008 and Vice Chairman of CL King and Associates, an institutional fixed income equity trading and research group since 2008. He served as a senior executive of the Company upon completion of the merger between the Company and Hudson River Bancorp, Inc., from January 2005 to January 2008. Prior to that, he had been President and Chief Executive Officer of Hudson River Bancorp, Inc. beginning in 1995. He is currently a director of American Bio Medica Corporation, where he is a member of the Audit, Compensation and Executive Committees. |
Carlton Highsmith |
Mr. Carlton L. Highsmith is Independent Director of First Niagara Financial Group, Inc. He was elected to the Board upon completion of the merger between the Company and New Alliance Bancshares, Inc. where he served on the Compensation and Loan Committees of the Board since 2006. He founded, and was President and CEO of The Specialized Packaging Group based in Hamden, Connecticut. He merged his company with PaperWorks Industries in 2009 to form integrated recycled paperboard manufacturing company in North America, and assumed the role of Vice Chairman of the Board. Mr. Highsmith is a Trustee of Quinnipiac University, Chairman of Connecticut Center for Arts & Technology, a Director of Achievement First Charter School Management Organization, and Chairman of I Have a Dream, New Haven. He serves on the Federal Reserve Bank of Boston Community Development Advisory Council of New England and is a member of the Yale New Haven Hospital Board of Trustees, where he serves on the Finance and Budget Committee. |
George Philip |
Mr. George M. Philip is an Independent Director of First Niagara Financial Group, Inc. He has served as the President of the University at Albany, State University of New York, from November 2007 to January 13, 2013, when he retired. He retired as Executive Director of the New York State Teachers’ Retirement System, where he worked from 1971 to 2007. Mr. Philip serves on the Board of Directors of US Airways Group, Inc., where he is the Chair of the Audit Committee and a member of the Corporate Governance and Nominating Committee, and the Research Foundation of the State University of New York, where he is the Chair of the Finance Committee and a member of the Investment Committee. He is a current or past member of numerous professional organizations and governing bodies involved in financial, educational and community activities. |
Peter Robinson |
Mr. Peter B. Robinson is Independent Director of First Niagara Financial Group Inc., since March 2011. He retired in 2010 from the Burger King Corporation, where he most recently served as Executive Vice President, with responsibility for Burger King’s global marketing and strategy functions. From 2006 to 2009 he was the Executive Vice President and President of Burger King’s Europe, Middle East and Africa business segment. Before joining Burger King, Mr. Robinson worked for General Mills, Inc. as President of Pillsbury, U.S.A. and Senior Vice President of General Mills, Inc. from 2001 to 2006, and earlier in his career he held positions of increasing responsibility at The Pillsbury Company, Pepsico, Kraft General Foods and Procter & Gamble. He is currently a director of Lumber Liquidators, Inc., a rapidly-growing supplier and retailer of hardwood flooring. |
Nathaniel Woodson |
Mr. Nathaniel D. Woodson is Independent Director of First Niagara Financial Group, Inc. He was elected to the Board upon completion of the merger between the Company and NewAlliance Bancshares, Inc., where he served on Compensation and Governance Committees, and chaired the Loan and Audit Committees at various times, and served on the board of its predecessor, New Haven Savings Bank since 2000. He is the former Chairman, President, and Chief Executive Officer of UIL Holdings Corporation and its subsidiary, United Illuminating Company. Previously, he was President of the Energy Systems Business Unit for Westinghouse Electric Corporation where he was responsible for the company’s global, commercial nuclear power generation activities. Mr. Woodson has served as Chairman of the Regional Leadership Council and the Regional Growth Partnership in the Greater New Haven area and was a member of the Advisory Committee on Investor Responsibility at Yale University and a Member of the Governor’s Council on Competitiveness and Technology. He was co-chair of the Governor’s Committee to redesign Connecticut’s Vo-Tech High Schools, and a member of the Board of C.U.R.E. and Yale New Haven Hospital. |
Jason Benten |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
G. Thomas Bowers |
-- |
Gary Crosby |
1,788,720 |
Gregory Norwood |
1,418,620 |
Daniel Cantara |
1,432,490 |
Oliver Sommer |
1,640,580 |
Thomas Baker |
-- |
Roxanne Coady |
-- |
Carl Florio |
1,477,650 |
Carlton Highsmith |
-- |
George Philip |
-- |
Peter Robinson |
-- |
Nathaniel Woodson |
-- |
Jason Benten |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
G. Thomas Bowers |
0 | 0 |
Gary Crosby |
58,203 | 480,778 |
Gregory Norwood |
0 | 0 |
Daniel Cantara |
58,203 | 480,778 |
Oliver Sommer |
0 | 0 |
Thomas Baker |
0 | 0 |
Roxanne Coady |
0 | 0 |
Carl Florio |
66,900 | 85,864 |
Carlton Highsmith |
0 | 0 |
George Philip |
0 | 0 |
Peter Robinson |
0 | 0 |
Nathaniel Woodson |
0 | 0 |
Jason Benten |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
O BRYAN KEVIN M |
527 | $9.35 |
FORNAROLA ANDREW |
724 | $9.35 |
FORNAROLA ANDREW |
12,793 | $0.00 |
BARRY RICHARD M |
27,775 | $0.00 |
O BRYAN KEVIN M |
6,004 | $0.00 |
BRICKLEY LIAM |
14,925 | $0.00 |
NORWOOD GREGORY W |
41,634 | $0.00 |
RENDULIC MARK R |
25,643 | $0.00 |
CANTARA DANIEL E III |
47,470 | $0.00 |
CROSBY GARY M |
115,221 | $0.00 |
PHILIP GEORGE M |
533 | $8.84 |
BAKER THOMAS E |
2,463 | $8.84 |
JEREMIAH BARBARA S |
2,898 | $8.84 |
CANTARA DANIEL E III |
50,059 | $0.00 |
FORNAROLA ANDREW |
13,491 | $0.00 |
RENDULIC MARK R |
27,041 | $0.00 |
BARRY RICHARD M |
29,290 | $0.00 |
CROSBY GARY M |
59,172 | $0.00 |
NORWOOD GREGORY W |
43,905 | $0.00 |
BOWERS GEORGE THOMAS |
13,033 | $0.00 |
PHILIP GEORGE M |
8,145 | $0.00 |
ROBINSON PETER B |
8,145 | $0.00 |
WOODSON NATHANIEL D |
8,145 | $0.00 |
JEREMIAH BARBARA S |
8,145 | $0.00 |
JONES WILLIAM H |
8,145 | $0.00 |
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