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United States

Signature Bank (SBNY.O)

SBNY.O on Nasdaq

124.07USD
22 Jul 2016
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Summary

Name Age Since Current Position

Scott Shay

58 Chairman of the Board

Joseph DePaolo

56 President, Chief Executive Officer, Director

Vito Susca

47 2013 Chief Financial Officer, Senior Vice President

Mark Sigona

54 2004 Executive Vice President, Chief Operating Officer

Peter Quinlan

49 2011 Executive Vice President, Treasurer

Eric Howell

45 2013 Executive Vice President-Corporate & Business Development

Michael Merlo

68 2004 Executive Vice President and Chief Credit Officer

Michael Sharkey

58 2004 Senior Vice President, Chief Technology Officer

Kathryn Byrne

50 2015 Lead Independent Director

John Tamberlane

74 Vice Chairman of the Board

Derrick Cephas

64 2016 Director

Barney Frank

75 2015 Director

Judith Huntington

52 2013 Director

Roger Shaffer

2016 Director

Alfonse D'Amato

78 2005 Independent Director

Jeffrey Meshel

58 2005 Independent Director

Biographies

Name Description

Scott Shay

Mr. Scott A. Shay serves as Chairman of the Board of Signature Bank. He has also served as a Director of Signature Securities Group since its inception and as Chairman of the Board since December 2006. Since 1980, Mr. Shay has been involved in the investment banking and venture capital industries. Mr. Shay has been Managing Director/Partner of Ranieri Strategies LLC and its predecessors (‘‘Ranieri’’) and a partner of Hyperion Partners since 1988. Mr. Shay serves as an officer or director of other direct and indirect subsidiaries of Ranieri and related entities. Prior to joining Ranieri/Hyperion Partners, he served as a director and a senior member of the mergers and acquisitions department of Salomon Brothers, Inc. From October 1997 until August 2005, Mr. Shay served as a director of Bank Hapoalim BM, our former parent company. From December 1988 until February 2001, Mr. Shay served as a director of Bank United Corp., Texas and was a member of its audit committee for six years.

Joseph DePaolo

Mr. Joseph J. DePaolo serves as President, Chief Executive Officer, Director of Signature Bank. He has also served as a Director of Signature Securities Group since its inception and served as its Chairman of the Board until December 2006. Prior to joining Signature Bank, Mr. DePaolo was a Managing Director and member of the Senior Management Committee of the Consumer Financial Services Division at Republic National Bank, which he joined in 1988. At Republic National Bank, Mr. DePaolo held numerous positions including First Vice President and Deputy Auditor, First Vice President and Senior Vice President of Consumer Banking, Managing Director, Chairman of Republic Financial Services Corporation (Republic National Bank’s retail broker-dealer group) and Chairman of Republic Insurance Agency (Republic National Bank’s retail insurance agency). Prior to joining Republic National Bank, Mr. DePaolo was a senior audit manager with KPMG Peat Marwick. Mr. DePaolo is a member of the New York State Society of CPAs.

Vito Susca

Mr. Vito Susca serves as Senior Vice President and Chief Financial Officer of the Signature Bank. He was managing the Bank’s finance and accounting functions. He has held this position since May 2013. Mr. Susca joined the Bank in March 2004 and has served as Senior Vice President and Controller. Before joining the Bank, he held various positions at Republic National Bank of New York, which he joined in 1991, and then HSBC Bank USA/HSBC Securities Inc. following the acquisition of Republic by HSBC. Roles Mr. Susca held include Vice President and Deputy Controller in the Derivative Products Group and Vice President in the Global Trading Operations Financial Control Group. He was also First Vice President and Deputy Manager in Treasury Finance for HSBC Bank USA/HSBC Securities Inc. Mr. Susca is a member of the American Institute of Certified Public Accountants and the New York State Society of CPAs. 11

Mark Sigona

Mr. Mark T. Sigona serves as Executive Vice President, Chief Operating Officer of Signature Bank since November 2004. Prior to this appointment, he had been serving as Senior Vice President and Chief Financial Officer, a role he held since Signature Bank’s inception. Prior to joining Signature Bank, Mr. Sigona was a Senior Vice President and head of the Accounting Services Division of the Finance Group at Republic National Bank, which he joined in March 1989. At Republic National Bank, Mr. Sigona held numerous positions, including First Vice President of the Finance Division and Internal Audit Manager. Prior to joining Republic National Bank, Mr. Sigona was a supervising senior accountant at KPMG Peat Marwick.

Peter Quinlan

Mr. Peter S. Quinlan serves as Executive Vice President, Treasurer of Signature Bank since February 2011. Prior to this post, he served as Treasurer and Senior Vice President of Signature Bank from November 2006. In this capacity he manages the investment portfolio, interest rate risk and liquidity management functions of the institution. Prior to this appointment, he had been serving as Treasurer of Signature Bank. He also serves as the Chairman of the Company’s Asset Liability Management Committee. Prior to joining Signature Bank, he was a divisional Chief Financial Officer of Bank Hapoalim, which he joined in September 2000. He also previously served as the Treasurer of Clarity Holdings and Clarity Bank as well as the Controller of First Trade Union Bank. Mr. Quinlan began his banking career with the Comptroller of the Currency (OCC) as an Associate National Bank Examiner.

Eric Howell

Mr. Eric R. Howell serves as Executive Vice President-Corporate & Business Development of the Company. He has held the position of Executive Vice President-Corporate & Business Development since May 2013. Prior to this post, Mr. Howell served as Executive Vice President and Chief Financial Officer from 2009 and Senior Vice President and Chief Financial Officer from 2004. Prior to this appointment, he had been serving as Vice President of Finance and Controller for Signature Bank. He joined Signature Bank in 2000 as Vice President and Controller. Prior to joining Signature Bank, Mr. Howell was Controller at BlueStone Capital Partners, L.P. and its Trade.com division. Mr. Howell also was an Associate Managing Director at Republic National Bank, which he joined in 1992. Mr. Howell also held numerous other positions while at Republic National Bank, including Chief Financial Officer of Republic Financial Services Corporation (Republic National Bank’s retail broker-dealer group) and Republic Insurance Agency (Republic National Bank’s retail insurance agency).

Michael Merlo

Mr. Michael J. Merlo serves as Executive Vice President and Chief Credit Officer of Signature Bank since November 2004. Prior to this appointment, he had been serving as Senior Vice President and Chief Credit Officer, a role he held since Signature Bank’s inception. Prior to joining Signature Bank, he was a Senior Vice President with Fleet Bank. He joined Fleet through the acquisition of NatWest Bank by Fleet Bank in 1996 and held various credit positions within both the Large Corporate and the Middle Market Groups. His last position at Fleet was Head of the Middle Market Group in Long Island with a staff of 26 reporting to him. Mr. Merlo serves as Vice-Chairman of the Board of Directors of the New York Institute of Technology where he is a member of the Audit, Finance, Public Affairs and Investment committees.

Michael Sharkey

Mr. Michael Sharkey serves as Senior Vice President, Chief Technology Officer of Signature Bank. Prior to this appointment, he had been serving as Senior Vice President and Chief Operations Officer, a role he held since Signature Bank’s inception. Before joining Signature Bank, Mr. Sharkey was an Associate Managing Director at Republic National Bank, which he joined in 1998. At Republic National Bank, Mr. Sharkey’s responsibilities included retail banking systems, banking product management, ATM/debit processing cards, pension products, check processing and systems liaison, branch review and control as well as disaster recovery coordination.

Kathryn Byrne

Ms. Kathryn A. Byrne, CPA, serves as Lead Independent director of the Company, since June 17, 2015. She served as Independent Director of Signature Bank. Currently Kathryn A. Byrne, CPA, has been a member of the Board of Directors since December 2005. Currently, she serves as the Practice Leader of the manufacturing and distribution group at the New York City-based accounting and consulting firm WeiserMazars LLP. Ms. Byrne has provided accounting, auditing, tax and consulting services to domestic and foreign corporations across various industries for more than 25 years. Ms. Byrne’s experience in the accounting profession, and, in particular, her experience auditing public companies, led the Board to conclude that she should be a member of our Board of Directors. She earned her bachelor of arts degree in accounting and finance from James Madison University in Harrisonburg, Va. She is a member of the New York State Society of Certified Public Accountants and American Institute of Certified Public Accountants.

John Tamberlane

Mr. John Tamberlane serves as Vice Chairman of the Board of Signature Bank. He has been Vice-Chairman and Director of Signature Bank since its inception, as well as a Director of Signature Securities Group since its inception. Prior to joining Signature Bank, Mr. Tamberlane was the President of the Consumer Financial Services Division and a Director of Republic National Bank, which he joined in 1980. As President of the Consumer Financial Services Division, Mr. Tamberlane managed the national mortgage banking division, retail broker-dealer division and retail branch network, which grew to the third largest branch network in the New York metropolitan area prior to its acquisition. In this capacity, he was also President of two independent bank subsidiaries of Republic New York Corporation: The Manhattan Savings Bank and its predecessor, The Williamsburgh Savings Bank. Mr. Tamberlane was also a member of the Asset/Liability Management Committee of Republic National Bank. Prior to joining Republic National Bank, he was employed with Bankers Trust. Mr. Tamberlane’s experience in commercial banking led the Board to conclude that he should be a member of our Board of Directors.

Derrick Cephas

Mr. Derrick D. Cephas serves as Director of the company. He is a partner at Weil, Gotshal & Manges LLP, an international full service law firm headquartered in New York City. Mr. Cephas has broad-based experience in representing commercial banks, thrift institutions, bank holding companies and foreign banking corporations in a wide range of regulatory and transactional matters. Recently, Mr. Cephas has spent a considerable amount of time counseling clients with respect to compliance with the Dodd-Frank Act and the Volcker Rule as well as compliance with enhanced prudential standards for large banks. Prior to joining Weil, Mr. Cephas served as President and Chief Executive Officer of Amalgamated Bank, then a $4.5 billion commercial bank headquartered in New York City. Previously, he was a banking and corporate law partner in the New York office of Cadwalader, Wickersham & Taft. Prior to Cadwalader, Mr. Cephas served as the Superintendent of Banks for the State of New York from 1991 to 1994. He is a former member of the Board of Directors of the Dime Savings Bank of New York, Merrill Lynch International Bank and D.E. Shaw & Co. Inc. He is currently a Director of the Fresh Air Fund, Empire State Development Corporation, the New York Public Asset Fund, Trevor Day School, and the New York City Housing Authority and a member of the Board of Advisors for The Mayor’s Fund to Advance New York City.

Barney Frank

Mr. Barney Frank serves as Director of the Company. He has been a member of the Board of Directors since June 2015. Mr. Frank served as a U.S. Congressman representing the 4th District of Massachusetts from 1981 - 2013 and also was the Chairman of the House Financial Services Committee from 2007 - 2011. As Chair of the House Financial Services Committee, Mr. Frank was instrumental in crafting the short-term $550 billion rescue plan in response to the nation’s financial crisis. Later, he co-sponsored the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law in July 2010. Prior to serving in Congress, Mr. Frank spent eight years as a state Representative in Massachusetts and, earlier, served as Chief of Staff to Congressman Michael Harrington and Chief Assistant to Mayor Kevin White of Boston.

Judith Huntington

Ms. Judith Huntington serves as Director of Signature Bank effective April 24, 2013. On July 1, 2011, Ms. Huntington assumed the position as the 13th president of The College of New Rochelle (CNR) after completing a full year as President-elect. Ms. Huntington joined CNR as Vice President for Financial Affairs in 2001, taking full responsibility for all fiscal issues involving the College. Ms. Huntington’s experience includes more than 25 years in the financial arena. Prior to joining CNR, she worked for 15 years with the accounting firm KPMG LLP serving as audit senior manager in KPMG’s metro New York higher education, research, and other not-for-profit practice, providing audit and accounting services. In addition to serving higher education clients, she worked in the firm’s banking and SEC practice, was an instructor and recruiter in the firm, and participated in the firm’s peer review process. In a firm-sponsored fellowship, she participated in a two-year rotation as an intern/fellow with the Financial Accounting Standards Board. Ms. Huntington is a certified public accountant. She is also a member of the Board of Directors of the Westchester County Association and the Commission of Independent Colleges and Universities. She also serves on the Lower Hudson Valley Catholic Consortium, and is a member of the Middle States Commission on Higher Education’s evaluation team. She holds a bachelor of business administration degree from Pace University.

Roger Shaffer

Mr. Roger Shaffer serves as Director of the company. He has over two decades of experience in the financial services industry. Prior to founding Shaffer Wealth Management at HighTower in 2013 as Managing Director, he was a Senior Vice-President with SunTrust Investment Services, Inc and Financial Advisor with Merrill Lynch.

Alfonse D'Amato

Senator Alfonse M. D'Amato serves as Independent Director of Signature Bank. Senator D’Amato is the Managing Director of Park Strategies LLC, the Manhattan and Washington, D.C.-based business consulting firm he started in 1999. Senator D’Amato served as a United States Senator for New York for 18 years, from 1981 to 1999, during which time he served as Chairman of the Senate Committee on Banking, Housing and Urban Affairs and as a member of the Senate Finance Committee. He was elected town supervisor for Hempstead, N.Y., in 1977 and to the U.S. Senate in 1980. He is a graduate of Syracuse University School of Business Administration and Syracuse Law School.

Jeffrey Meshel

Mr. Jeffrey W. Meshel serves as Independent Director of Signature Bank since September 2005. Mr. Meshel has over 25 years of experience in acquisition, management, and lending on residential and commercial real estate. Mr. Meshel is also a co-founder of Paradigm Capital Group, Mercury Properties, and Mercury Equity Group. Paradigm Capital Group is a fully integrated real estate mortgage investment company. Mercury Properties is a fully integrated real estate holding company that owns, operates, and manages its own portfolio. Mercury Equity Group is a boutique NASD Broker/Dealer that specializes in private placements. Mercury Equity Group funds private investments in public entities (PIPEs) and has several joint ventures with a collection of hedge funds and wealth management firms. Mr. Meshel is also Founder and Chairman of The Strategic Forum .