People: Magyar Bancorp Inc (MGYR.W)

MGYR.W on CBOE When Trading NASDAQ Global Select Market

5.14USD
22 Feb 2012
Price Change (% chg)

$0.00 (+0.00%)
Prev Close
$5.14
Open
--
Day's High
$4.70
Day's Low
$4.70
Volume
800
Avg. Vol
1,099
52-wk High
$5.74
52-wk Low
$2.29

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Summary

Name Age Since Current Position

Joseph Lukacs

71 Independent Chairman of the Board of the Company and the Magyar Bank

John Fitzgerald

48 2010 President, Chief Executive Officer, Director; President, CEO of the Magyar Bank

Thomas Lankey

52 Independent Vice Chairman of the Board

Jon Ansari

38 2012 Chief Financial Officer, Executive Vice President of the company and Magyar Bank

Brain Stanley

60 Senior Vice President, Chief Lending Officer of the Company and the Magyar Bank

Andrew Hodulik

56 2005 Independent Director

Martin Lukacs

66 2005 Independent Director

Salvatore Romano

71 2005 Independent Director

Edward Stokes

64 2005 Independent Director

Joseph Yelencsics

58 2005 Independent Director

Biographies

Name Description

Joseph Lukacs

Mr. Joseph J. Lukacs, Jr., D.M.D., is Independent Chairman of the Board of Magyar Bancorp Inc., and Magyar Bank, a subsidiary of Magyar Bancorp Inc. He has been a member of the Board of Directors of Magyar Bancorp, Inc., since its inception since 2005 and of Magyar Bank since 1976. He is retired. Until 2005, Dr. Lukacs was a dentist with Drs. Joseph & Martin Lukacs, P.A. , and currently is the Chairman of the Board of Directors of the Bank and of the Company.

John Fitzgerald

Mr. John S. Fitzgerald is President, Chief Executive Officer, Director of Magyar Bancorp, Inc., and President, Chief Executive Officer of Magyar Bank., a subsidiary of Magyar Bancorp, Inc. He had been had been serving as Acting President and CEO of the Bank and the Company since December 2009. Prior to this appointment, Mr. Fitzgerald served as the Executive Vice President and Chief Operating Officer of Magyar Bank and of the Company since October 2007. Mr. Fitzgerald joined Magyar Bank in June 2001. Until his appointment as Executive Vice President and Chief Operating Officer, Mr. Fitzgerald was Executive Vice President and Chief Lending Officer of Magyar Bank, a position he held since July 2005, when he was promoted from the position of Department Head of Commercial Lending at Magyar Bank. Prior to his employment at Magyar Bank, Mr. Fitzgerald was Vice President of Commercial Lending at United Trust Bank.

Thomas Lankey

Mr. Thomas Lankey is Independent Vice Chairman of the Board of Magyar Bancorp, Inc. He is the Senior Vice President of Long Term Care of Solaris Health Systems. He has been a director of the Bank since 1994 and of Magyar Bancorp, Inc., since its inception in 2005.

Jon Ansari

Mr. Jon R. Ansari is Chief Financial Officer, Executive Vice President of Magyar Bancorp, Inc., and Magyar Bank, a subsidiary of Magyar Bancorp, Inc. Mr. Ansari joined Magyar Bank in July 1999. Prior to being appointed to his current position in June 2005, Mr. Ansari held various financial positions at Magyar Bank such as Vice President of Finance, Controller, Assistant Controller and Accountant.

Brain Stanley

Mr. Brain Stanley is Senior Vice President, Chief Lending Officer of Magyar Bancorp Inc., and Magyar Bank, a subsidiary of Magyar Bancorp Inc. Mr. Stanley joined Magyar Bank in April 2005 as Senior Vice President and Commercial Lending Department Head, and prior to joining Magyar, Mr. Stanley was a Commercial Lending Team Leader with PNC Bank, and Vice President, Commercial Lending with UnitedTrust Bank. Mr. Stanley has over 35 years of banking experience.

Andrew Hodulik

Mr. Andrew G. Hodulik, CPA, is Independent Director of Magyar Bancorp, Inc. He has been a director of the Bank since 1995 and of the Company since its inception in 2005. As a certified public accountant and partner in an accounting firm, Mr. Hodulik brings to the Board of Directors experience in dealing with accounting principles, internal controls and financial reporting rules and regulations.

Martin Lukacs

Dr. Martin A. Lukacs, D.M.D., is Independent Director of Magyar Bancorp, Inc. He has been a director of the Bank since 2000 and of the Company since its inception in 2005. Dr. Lukacs’ years of experience as owner and manager of his own local practice bring leadership that meet the Board’s objective of maintaining a membership of experienced and dedicated individuals with diverse backgrounds, perspectives, skills and other qualities that are beneficial to the Company.

Salvatore Romano

Dr. Salvatore J. Romano, Ph.D., is Independent Director of Magyar Bancorp, Inc. He was formerly a Vice President with Johnson & Johnson and taught Chemistry as a part-time Professor at Rutgers University. He has been a director of the Bank since 2000 and of the Company since its inception in 2005. Dr. Romano’s experience with a Fortune 500 company bring a perspective and leadership that meet the Board’s objective of maintaining a membership of experienced and dedicated individuals with diverse backgrounds, perspectives, skills and other qualities that are beneficial to the Company

Edward Stokes

Mr. Edward C. Stokes, III, is Independent Director of Magyar Bancorp, Inc. Mr. Stokes is the managing partner of the law firm of Stokes and Throckmorton. He is also the General Counsel of Magyar Bank. He has been a director of the Bank since 2001 and of the Company since its inception in 2005.

Joseph Yelencsics

Mr. Joseph A. Yelencsics is Independent Director of Magyar Bancorp, Inc. Mr. Yelencsics is a private investor. He was a part owner of Bristol Motors, Inc., an automobile dealership. Mr. Yelencsics is the first cousin of Thomas Lankey, who is also a director of Magyar Bank. He has been a director of the Bank since 2000 and of the Company since its inception in 2005.

Basic Compensation

Name Fiscal Year Total

Joseph Lukacs

--

John Fitzgerald

328,817

Thomas Lankey

--

Jon Ansari

282,214

Brain Stanley

180,876

Andrew Hodulik

--

Martin Lukacs

--

Salvatore Romano

--

Edward Stokes

--

Joseph Yelencsics

--
As Of 29 Sep 2012
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