People: Northeast Community Bancorp Inc (NECB.OQ)

NECB.OQ on NASDAQ Stock Exchange Global Market

7.04USD
25 Jul 2014
Price Change (% chg)

$0.10 (+1.44%)
Prev Close
$6.94
Open
$6.99
Day's High
$7.06
Day's Low
$6.99
Volume
803
Avg. Vol
1,274
52-wk High
$7.96
52-wk Low
$6.40

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Summary

Name Age Since Current Position

Kenneth Martinek

61 2013 Chairman of the Board, Chief Executive Officer

Jose Collazo

47 2013 President, Chief Operating Officer, Director

Donald Hom

2013 Chief Financial Officer, Executive Vice President, Treasurer

Diane Cavanaugh

57 1992 Independent Director

Arthur Levine

79 1995 Independent Director

Eugene Magier

52 2012 Independent Director

Charles Martinek

52 2002 Independent Director

John McKenzie

70 2006 Independent Director

Harry Read

77 2005 Independent Director

Linda Swan

64 1991 Independent Director

Kenneth Thomas

66 2001 Independent Director

Biographies

Name Description

Kenneth Martinek

Mr. Kenneth A. Martinek is Chairman of the Board, Chief Executive Officer of Northeast Community Bancorp, Inc. He has served as Chairman of the Board and Chief Executive Officer of NorthEast Community Bancorp since its formation in 2006 and as President from 2006 until January 2013. He has served with NorthEast Community Bank since 1976 and has been the Chief Executive Officer of the Bank since 1991 and was the President from 1991 until January 2013. Mr. Martinek was first elected as a director of the Bank in 1983 and was appointed Chairman of the Board in 2002.

Jose Collazo

Mr. Jose M. Collazo is President, Chief Operating Officer, Director of NorthEast Community Bancorp, Inc. He was appointed as Director of the Company and the Bank effective July 25, 2013. Mr. Collazo joined the Bank in January 1986 and served as Senior Vice President and Chief Information Officer from 2002 to March 2012. Mr. Collazo has served as Executive Vice President and Chief Operating Officer of the Company and the Bank since April 2012.

Donald Hom

Mr. Donald S. Hom has been appointed as Chief Financial Officer, Executive Vice President, Treasurer of Northeast Community Bancorp, Inc., and its wholly-owned subsidiary, Northeast Community Bank (the “Bank”) and Northeast Community Bancorp, MHC effective September 26, 2013. Mr. Hom served as Senior Vice President and Treasurer of the Company and the Bank since 2006 and as Senior Vice President, Treasurer and Interim Chief Financial Officer of the Company, the Bank and the MHC since July 2013.

Diane Cavanaugh

Ms. Diane B. Cavanaugh is Independent Director of Northeast Community Bancorp, Inc., since 1992. She is an attorney with Lyons McGovern, LLP.

Arthur Levine

Mr. Arthur M. Levine, CPA., is Independent Director of Northeast Community Bancorp, Inc., since 1995. He is a certified public accountant and Member of the accounting firm A.L. Wellen LLC.

Eugene Magier

Mr. Eugene M. Magier is Independent Director of Northeast Community Bancorp, Inc., since 2012. He is an attorney and has been President of the Law Offices of Eugene M. Magier, P.C. since 1994. Mr. Magier is a licensed Real Estate Broker and has managed residential and commercial real estate. Prior to starting his own law firm, Mr. Magier served as Legal Counsel for CVS Corporation.

Charles Martinek

Mr. Charles A. Martinek is Independent Director of Northeast Community Bancorp, Inc., since 2002. He served as Vice President and Internal Loan Review and Community Reinvestment Officer of NorthEast Community Bank since May, 2007. Prior to that time, Mr. Martinek served as a commercial loan officer with the Bank since 2001, and as an assistant vice president since 2002. Before serving with the Bank, Mr. Martinek was a quality control analyst with C. Cowles & Co. Mr. Martinek is also the owner of Martinek Investment Properties, LLC.

John McKenzie

Mr. John F. McKenzie is Independent Director of Northeast Community Bancorp, Inc., since November 2006. He is a retired insurance executive. Prior to his retirement in early 2008, Mr. McKenzie was the owner of an insurance agency in Orange, Connecticut, providing multiline personal and commercial insurance products.

Harry Read

Mr. Harry A.S. Read is Independent Director of Northeast Community Bancorp, Inc., since 2005. He is a retired registered investment adviser who previously worked with Geneos Wealth Management, Inc. from January 2006 until January 2011. From January 2004 to December 2005, Mr. Read served as a registered investment adviser with Financial Network Investment Corp., an ING company. Before serving with Financial Network Investment Corp., Mr. Read worked as a registered investment adviser with Allmerica Financial of Worcester, MA, for over twenty years. Mr. Read has served several terms in the Massachusetts House of Representatives.

Linda Swan

Ms. Linda M. Swan is Independent Director of Northeast Community Bancorp, Inc., since 1991. She is a retired Director of the Corporate Activities Division of the Office of Thrift Supervision.

Kenneth Thomas

Dr. Kenneth H. Thomas is Independent Director of Northeast Community Bancorp, Inc., since 2001. He has been an independent bank analyst and consultant since 1969 and has been President of K.H. Thomas Associates, LLC since 1975. Dr. Thomas holds a Ph.D. in Finance from the Wharton School and has written on the Community Reinvestment Act of 1977. He has been a consultant to the Bank since 1978.

Basic Compensation

Name Fiscal Year Total

Kenneth Martinek

275,750

Jose Collazo

208,087

Donald Hom

114,500

Diane Cavanaugh

--

Arthur Levine

--

Eugene Magier

--

Charles Martinek

--

John McKenzie

--

Harry Read

--

Linda Swan

--

Kenneth Thomas

341,026
As Of 30 Dec 2013
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