People: Investors Bancorp Inc (ISBC.O)
ISBC.O on Nasdaq
20.47USD
19 Jun 2013
20.47USD
19 Jun 2013
Price Change (% chg)
$0.09 (+0.44%)
$0.09 (+0.44%)
Prev Close
$20.38
$20.38
Open
$20.44
$20.44
Day's High
$20.58
$20.58
Day's Low
$20.32
$20.32
Volume
127,820
127,820
Avg. Vol
138,280
138,280
52-wk High
$20.75
$20.75
52-wk Low
$14.49
$14.49
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Robert Cashill |
69 | 2010 | Chairman of the Board |
Thomas Splaine |
46 | 2008 | Chief Financial Officer, Senior Vice President of Investors Savings Bank |
Kevin Cummings |
57 | 2008 | President, Chief Executive Officer, Director |
Domenick Cama |
55 | 2011 | Senior Executive Vice President and Chief Operating Officer of Investors Bank, Director |
Paul Kalamaras |
53 | 2010 | Executive Vice President and Director - Retail Banking of Investors Savings Bank |
Richard Spengler |
50 | 2008 | Executive Vice President, Chief Lending Officer of Investors Savings Bank |
Brian Dittenhafer |
69 | 2011 | Lead Independent Director |
William Cosgrove |
64 | 2011 | Director of the Bank and the Company |
James Garibaldi |
60 | 2012 | Director |
Doreen Byrnes |
62 | 2007 | Independent Director |
Vincent Manahan |
74 | 2002 | Independent Director |
Stephen Szabatin |
75 | 1994 | Independent Director of the Bank and the Company |
James Ward |
63 | 2009 | Independent Director |
Biographies
| Name | Description |
|---|---|
Robert Cashill |
Mr. Robert M. Cashill is Chairman of the Board of Investors Bancorp Inc. He was first elected to the Board of Directors of Investors Bancorp and Investors Bank in February 1998 and has served as Chairman since January 2010. Mr. Cashill served as President and Chief Executive Officer of Investors Bank from December 2002 until his retirement on December 31, 2007. During this time Mr. Cashill was an integral part of the conversion of the former savings bank into its present publically held MHC structure raising $500 million in the process. Before assuming such position, Mr. Cashill served as Executive Vice President for the bank since January 2000. Prior to joining Investors Bank, Mr. Cashill was employed as Vice President Institutional Sales by Salomon Smith Barney from 1977 to 1998, and at Hornblower, Weeks, Hemphill, Noyes from 1966 to 1977. For much of that time he specialized in providing investment analysis and asset/liability management advice to thrift institutions and was, therefore, familiar with thrift recapitalizations and debt issuance. Mr. Cashill has a Bachelor of Science degree in Economics from Saint Peter’s College. He is a member of the National Association of Corporate Directors (NACD), where he continues his education. |
Thomas Splaine |
Mr. Thomas F. Splaine, Jr., is Senior Vice President and Chief Financial Officer of Investors Savings Bank, the subsidiary of Investors Bancorp Inc since January 1, 2008. Mr. Splaine previously served as Senior Vice President, Director of Financial Reporting for Investors Savings Bank since January 2006. He served as First Vice President, Director of Financial Reporting for Investors Savings Bank since December 2004. Prior to joining Investors Savings Bank, Mr. Splaine was employed by Hewlett-Packard Financial Services, Murray Hill, New Jersey as Director of Financial Reporting. Mr. Splaine holds a Bachelor’s degree in Accounting and a Master’s of Business Administration from Rider University. |
Kevin Cummings |
Mr. Kevin Cummings is the President, Chief Executive Officer, Director of the Investors Bancorp Inc. He was appointed President and Chief Executive Officer of Investors Bancorp and Investors Bank effective January 1, 2008 and was also appointed to serve on the Board of Directors of Investors Bank at that time. He previously served as Executive Vice President and Chief Operating Officer of Investors Bank since July 2003. Prior to joining Investors Bank, Mr. Cummings had a 26-year career with the independent accounting firm of KPMG LLP, where he had been partner for 14 years. Immediately prior to joining Investors Bank, he was an audit partner in KPMG’s Financial Services practice in their New York City office and lead partner on a commercial banking client. Mr. Cummings also worked in the New Jersey community bank practice for over 20 years. Mr. Cummings has a Bachelor’s degree in Economics from Middlebury College and a Master’s degree in Business Administration from Rutgers University. He is the First Vice Chairman of the Board of Directors of the New Jersey Bankers Association, Chairman of the Summit Speech School, a member of the Audit Committee and Finance Committee for St. Peter’s Prep, a member of the Board of Trustees for the Independent College Fund and a member of the Board of Trustees for The Scholarship Fund for Inner-City Children. |
Domenick Cama |
Mr. Domenick A. Cama is Dircetor of Investors Bancorp Inc; Chief Operating Officer and Senior Executive Vice President of Investors Savings Bank, the subsidiary of the Company. He was appointed to the Board of Directors of Investors Bancorp and Investors Bank in January 2011. He became Chief Operating Officer of Investors Bank effective January 1, 2008 and was appointed Senior Executive Vice President in January of 2010. Prior to this appointment Mr. Cama served as Chief Financial Officer since April 2003. Prior to joining Investors Bank, Mr. Cama was employed for 13 years by the Federal Home Loan Bank of New York where he served as Vice President and Director of Sales. Mr. Cama is also a member of the board of directors for the Raritan Bay Medical Center Foundation and the Madison YMCA. Mr. Cama holds a Bachelor’s degree in Economics and a Master’s degree in Finance from Pace University. |
Paul Kalamaras |
Mr. Paul Kalamaras is Executive Vice President and Director - Retail Banking of Investors Savings Bank, the subsidiary of Investors Bancorp Inc. Mr. Kalamaras was appointed Executive Vice President and Director of Retail Banking of Investors Bank in January of 2010. Mr. Kalamaras joined Investors Bank as a Senior Vice President and Director of Retail Banking in August 2008. Before joining Investors, Mr. Kalamaras was Executive Vice President of Millennium bcp bank, N.A., in Newark, New Jersey where he was responsible for the retail, commercial banking and treasury lines of business. He served on the bank’s Executive Committee and was a member of the Board of Directors. Mr. Kalamaras previously was President and CEO of The Barré Company, a manufacturer of precision engineered metal components for the electronics and telecommunications industry. Earlier, Mr. Kalamaras was Executive Vice President at Summit Bank, where he was responsible for the retail network and business banking. Mr. Kalamaras holds a Bachelor’s degree in Finance from the University of Notre Dame. |
Richard Spengler |
Mr. Richard S. Spengler is Executive Vice President, Chief Lending Officer of Investors Savings Bank, the subsidiary of Investors Bancorp Inc. Mr. Spengler began working for Investors Bank in September 2004 as Senior Vice President. Prior to joining Investors Bank, Mr. Spengler had a 21-year career with First Savings Bank, Woodbridge, New Jersey where he served as Executive Vice President and Chief Lending Officer from 1999 to 2004. Mr. Spengler holds a Bachelor’s degree in Business Administration from Rutgers University. |
Brian Dittenhafer |
Mr. Brian D. Dittenhafer is Lead Independent Director of Investors Bancorp Inc. He was first elected to the Board of Directors of Investors Bancorp and Investors Bank in 1997. He served as President and Chief Executive Officer of the Federal Home Loan Bank of New York from 1985 until his retirement in 1992. Mr. Dittenhafer joined the Federal Home Loan Bank of New York in 1976 where he also served as Vice President and Chief Economist, Chief Financial Officer and Executive Vice President. Previously, he was employed as a Business Economist at the Federal Reserve Bank of Atlanta from 1971 to 1976. From 1992 to 1995, Mr. Dittenhafer served as President and Chief Financial Officer of Collective Federal Savings Bank and as Chairman of the Resolution Funding Corporation from 1989 to 1992. From 1995 to 2007 Mr. Dittenhafer was Chairman of MBD Management Company. Mr. Dittenhafer has a Bachelor of Arts from Ursinus College and a Master of Arts in Economics from Temple University where he subsequently taught economics. He was named to Omicron Delta Epsilon, the national honor society in Economics. Mr. Dittenhafer is a member of the National Association for Business Economics and NACD. In 2007 he was awarded the Certificate of Director Education by NACD, where he continues his education and has achieved Director Professional designation. |
William Cosgrove |
Mr. William V. Cosgrove serves as Director of Investors Bancorp, Inc., and Investors Bank effective October 25, 2011. Mr. Cosgrove had been employed as an officer of Investors Bank since Investors’ acquisition of Summit Federal Bankshares, Inc. in June 2008 through his retirement from Investors on October 1, 2011. Mr. Cosgrove was President and Chief Executive Officer of Summit Federal Savings Bank from 2003 until the acquisition of Summit by Investors. He also served on Summit’s Board of Directors since 1987. Mr. Cosgrove has over 40 years of experience in banking and has served as president of the N.J. Council of Federal Savings Institutions, and the Union County Savings League. In addition he served on the Board of Governors of the New Jersey Savings League. |
James Garibaldi |
Mr. James J. Garibaldi is Director of Investors Bancorp Inc. He was appointed to the Board of Directors of Investors Bancorp and Investors Bank in 2012. He is currently the Chief Executive Officer of The Garibaldi Group, a corporate real estate services firm headquartered in Chatham, New Jersey. Mr. Garibaldi joined The Garibaldi Group in 1974. In 1986, Mr. Garibaldi assumed the role of managing partner of the firm and in 1997, he became its Chief Executive Officer. Mr. Garibaldi currently serves on CORFAC International’s International Committee. He is also a member of the Board of Trustees for the Cancer Hope Network, a member of the Board of Trustees of Big Brothers and Big Sisters of Morris, Bergen, Passaic and Sussex, Inc., on the Finance Council for the Diocese of Paterson, and a member of the Advisory Board for the Community Soup Kitchen in Morristown. Mr. Garibaldi has a Bachelor of Science degree from the University of Scranton. |
Doreen Byrnes |
Ms. Doreen R. Byrnes is the Independent Director of Investors Bancorp Inc. She was elected to the Board of Directors of Investors Bancorp and Investors Bank in January 2002. Ms. Byrnes served as Executive Vice President-Human Resources of Investors Bank from December 2001 until her retirement in March 2007. Previously, she served as Senior Vice President-Human Resources of Investors Bank from 1980 until December 2001. She joined Investors Bank in August 1979. Ms. Byrnes has a Bachelor’s degree from the University of Florida and a Master’s degree from Fairleigh Dickinson University. She is a member of NACD and was awarded the Certificate of Director Education in 2010. |
Vincent Manahan |
Mr. Vincent D. Manahan III is Independent Director of Investors Bancorp Inc. He was first elected to the Board of Directors of Investors Bancorp and Investors Bank in 2002. He is an attorney, and has been a solo practitioner since January 2006. Previously, Mr. Manahan was a partner in the law firm of Herrigel Bolan & Manahan LLP from 1969 through 2005 where he served as principal counsel to Investors Bank from 1989 to 2002. He is a member of the New Jersey Bar Association, The Banking Law Section of the New Jersey Bar Association and the Essex County Bar Association. Mr. Manahan was a special counsel to the U.S. Department of Justice 9/11 Victims Compensation Fund. Mr. Manahan has a Bachelor’s degree in economics from Georgetown University, a Juris Doctor from Cornell Law School and a Master of Laws degree from New York University School of Law. Mr. Manahan has been given the highest rating (AV) of legal ability and ethical standards from Martindale-Hubbell. In 2010 he was awarded the Certificate of Director Education by NACD and in 2011 he completed the requirements for the NACD Governance Fellowship, achieving the status of 2011 NACD Governance Fellow. |
Stephen Szabatin |
Mr. Stephen J. Szabatin is an Independent Director of Investors Bancorp Inc., and Investors Bank. He was first elected to the Board of Directors of Investors Savings Bank in 1994. He was employed by The New Jersey Department of Banking as the Deputy Commissioner-Division of Regulatory Affairs from 1993 until his retirement in 1994. Previously he served as Deputy Commissioner-Division of Supervision from 1989 to 1993, and in various other capacities from 1966 to 1994. He is a graduate of Seton Hall University, where he earned a Bachelor of Science degree in management. He is a member of NACD, where he was awarded the Certificate of Director Education in 2007. He continues his education through NACD where he has achieved Director Professional designation. |
James Ward |
Mr. James H. Ward III, is Independent Director of Investors Bancorp Inc. He was appointed to the Board of Directors of Investors Bancorp and Investors Bank in June 2009 upon consummation of Investors Bancorp Inc.’s acquisition of American Bancorp of New Jersey, Inc. Mr. Ward was a director of American Bancorp of New Jersey since 1991 and served as Vice Chairman since 2003. From 1998 to 2000, he was the majority stockholder and Chief Operating Officer of Rylyn Group, which operated a restaurant in Indianapolis, Indiana. Prior to that, he was the majority stockholder and Chief Operating Officer of Ward and Company, an insurance agency in Springfield, New Jersey, where he was employed from 1968 to 1998. He is now a retired investor. In 2009 he was awarded the Certificate of Director Education by NACD, where he is a member and continues his education. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Robert Cashill |
1,783,420 |
Thomas Splaine |
896,870 |
Kevin Cummings |
5,077,900 |
Domenick Cama |
3,265,450 |
Paul Kalamaras |
1,145,190 |
Richard Spengler |
1,720,920 |
Brian Dittenhafer |
-- |
William Cosgrove |
-- |
James Garibaldi |
-- |
Doreen Byrnes |
1,736,550 |
Vincent Manahan |
-- |
Stephen Szabatin |
-- |
James Ward |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Robert Cashill |
0 | 0 |
Thomas Splaine |
0 | 0 |
Kevin Cummings |
0 | 0 |
Domenick Cama |
0 | 0 |
Paul Kalamaras |
0 | 0 |
Richard Spengler |
0 | 0 |
Brian Dittenhafer |
0 | 0 |
William Cosgrove |
0 | 0 |
James Garibaldi |
0 | 0 |
Doreen Byrnes |
0 | 0 |
Vincent Manahan |
0 | 0 |
Stephen Szabatin |
0 | 0 |
James Ward |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DITTENHAFER BRIAN D |
3,050 | $20.30 |
DITTENHAFER BRIAN D |
300 | $20.35 |
DITTENHAFER BRIAN D |
12,000 | $15.25 |
DITTENHAFER BRIAN D |
500 | $20.33 |
DITTENHAFER BRIAN D |
100 | $20.36 |
DITTENHAFER BRIAN D |
100 | $20.37 |
DITTENHAFER BRIAN D |
200 | $20.31 |
DITTENHAFER BRIAN D |
250 | $20.32 |
DITTENHAFER BRIAN D |
2,200 | $20.35 |
DITTENHAFER BRIAN D |
1,300 | $20.36 |
DITTENHAFER BRIAN D |
4,000 | $20.34 |
SZABATIN STEPHEN J |
350 | $19.90 |
SZABATIN STEPHEN J |
3 | $19.95 |
SZABATIN STEPHEN J |
200 | $19.86 |
SZABATIN STEPHEN J |
20,000 | $15.25 |
SZABATIN STEPHEN J |
4,220 | $19.86 |
SZABATIN STEPHEN J |
516 | $19.87 |
SZABATIN STEPHEN J |
450 | $19.94 |
SZABATIN STEPHEN J |
5,264 | $19.86 |
SZABATIN STEPHEN J |
1,800 | $19.87 |
SZABATIN STEPHEN J |
3,192 | $19.85 |
SZABATIN STEPHEN J |
100 | $19.92 |
SZABATIN STEPHEN J |
100 | $19.93 |
SZABATIN STEPHEN J |
353 | $19.92 |
SZABATIN STEPHEN J |
3,452 | $20.00 |

