People: Sterling Bancorp (STL)
STL on New York Consolidated
11.49USD
19 Jun 2013
11.49USD
19 Jun 2013
Price Change (% chg)
$-0.11 (-0.95%)
$-0.11 (-0.95%)
Prev Close
$11.60
$11.60
Open
$11.59
$11.59
Day's High
$11.63
$11.63
Day's Low
$11.48
$11.48
Volume
25,953
25,953
Avg. Vol
174,637
174,637
52-wk High
$12.34
$12.34
52-wk Low
$8.30
$8.30
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Louis Cappelli |
82 | 1992 | Chairman of the Board, Chief Executive Officer |
John Millman |
71 | 1992 | President, Director |
John Tietjen |
68 | 2005 | Chief Financial Officer, Executive Vice President |
Howard Applebaum |
54 | 2002 | Senior Vice President |
Eliot Robinson |
70 | 1998 | Executive Vice President of Sterling National Bank |
James Klein |
2012 | Director | |
Robert Abrams |
75 | 1999 | Independent Director |
Joseph Adamko |
81 | 2003 | Independent Director |
Fernando Ferrer |
63 | 2002 | Independent Director |
Allan Hershfield |
82 | 1994 | Independent Director |
Henry Humphreys |
85 | 1994 | Independent Director |
Robert Lazar |
69 | 2005 | Independent Director |
Carolyn Lee |
56 | 2009 | Independent Director |
Eugene Rossides |
86 | 1989 | Independent Director |
Edward Nebb |
IR Contact |
Biographies
| Name | Description |
|---|---|
Louis Cappelli |
Mr. Louis J. Cappelli is Chairman of the Board, Chief Executive Officer of Sterling Bancorp. Mr. Cappelli joined the Company in 1949 and was elected Chairman of the Board of Directors and Chief Executive Officer of the Company in 1992. He was also elected Chairman of the Board of Directors of the Bank in 1992. Mr. Cappelli has been a director of the Company since 1971. Mr. Cappelli also serves as Officer and Director of Sterling Banking Corporation, Chairman of the Board and Director of Sterling Factors Corporation, Sterling National Mortgage Company, Inc., Sterling Real Estate Holding Company Inc., and Sterling Resource Funding Corp. Mr. Cappelli has served as Chairman and Chief Executive Officer of the Company for approximately 20 years, the Company through various business cycles. His long experience with the Company and the Bank at all levels provides a perspective on all aspects of the Company’s business. He serves in a critical leadership role including credit decisions, strategic planning, risk management, investment strategies and customer relations, among others. |
John Millman |
Mr. John C. Millman is President, Director of Sterling Bancorp. Mr. Millman joined Sterling National Bank in 1976 as Senior Vice President and Commercial Loan Officer. He was named Executive Vice President in 1981 and President and Chief Executive Officer of the Bank in 1987. In 1993, Mr. Millman was elected President of the Company. He is a member of the Company’s Executive Committee and Retirement Committee. Mr. Millman also serves as President and Director of Sterling Banking Corporation and Sterling Real Estate Holding Company Inc., Vice Chairman and Director of Sterling Factors Corporation and Sterling Trade Services, Inc., and Director of Sterling National Mortgage Company, Inc., Sterling National Asia Limited and Sterling Resource Funding Corp. Mr. Millman has held leadership positions since joining the Bank over 35 years ago, serving as President of the Bank for 25 years and of the Company for 19 years. Responsible for supervising all functions of the Bank including operations, lending and credit administration, he has unique knowledge and understanding of all aspects of the Company’s business. |
John Tietjen |
Mr. John W. Tietjen is Chief Financial Officer, Executive Vice President of Sterling Bancorp. Mr. Tietjen a Certified Public Accountant, joined the Company in 1988 as Vice President of Finance. He previously served as Senior Vice President and Comptroller of a New York area bank. Mr. Tietjen was promoted to Executive Vice President and Chief Financial Officer of the Company and Executive Vice President of the Bank in 1997, following promotions to Chief Financial Officer of the Company in 1989 and to Senior Vice President of the Company and the Bank in 1992. He also served as Treasurer of the Company from 1992 to 2005. Mr. Tietjen also serves as a Director, Executive Vice President and Treasurer of Sterling Factors Corporation, Treasurer and Director of Sterling Real Estate Holding Company, Inc., and Sterling Banking Corporation. |
Howard Applebaum |
Mr. Howard M. Applebaum is Senior Vice President of Sterling Bancorp. Mr. Applebaum joined the Bank in 1992 as Vice President and Corporate Banking Team Leader. Previously, he worked for twelve years as a corporate banking officer and team leader at two New York based banking institutions. He was promoted to Senior Vice President and officer in charge of corporate banking in 1998. In 2001, Mr. Applebaum was promoted to Executive Vice President and Chief Lending Officer for the Bank, overseeing commercial lending activities for the bank as the Senior Credit Risk Officer. Mr. Applebaum is also Executive Vice President and Director of Sterling Resource Funding Corp. and a Director of Sterling Factors Corporation, Sterling National Mortgage Company, Inc. and Sterling Real Estate Holding Company, Inc. |
Eliot Robinson |
Mr. Eliot S. Robinson is Executive Vice President of Sterling National Bank, a subsidiary of Sterling Bancorp. Mr. Robinson originally joined the Bank in 1993 as Vice President and Loan Review Officer. He was named Senior Vice President in 1994 with responsibilities for Credit Administration and Information Technology. In 1997, Mr. Robinson joined a banking software vendor. In 1998, he rejoined the Bank as Executive Vice President for Information Services and Operations. |
James Klein |
Mr. James B. Klein has been appointed as Director of Sterling Bancorp., effective August 03, 2012. Mr. Klein is President of Eastland Shoe Corp., a family-owned manufacturer of classic, casual footwear, founded in 1955 and based in Freeport, Maine. Eastland's well-regarded, nationally distributed brands include the premium "Made in Maine USA" collection. Since joining Eastland in 1972, Mr. Klein's responsibilities have included strategic planning and financial management, sales and product development, supply chain management and global sourcing, and manufacturing and overall operations. He also is working to transition the business to the third generation of family ownership and management. Mr. Klein received his BA and Master of Science degrees from Syracuse University. |
Robert Abrams |
Mr. Robert Abrams is an Independent Director of Sterling Bancorp. Mr. Abrams has been a Member of the law firm of Stroock & Stroock & Lavan LLP since 1994. Stroock & Stroock & Lavan LLP represents multinational corporations, private companies, individuals and emerging business enterprises. Mr. Abrams served as Attorney General of the State of New York (1979-1993) and also as Bronx Borough President (1970-1978). He has been a director of the Company since 1999. Mr. Abrams has substantial government and legal experience, having served in elected positions for over 28 years, including three terms in the New York State Assembly, three terms as Borough President of the Bronx and four terms as Attorney General of the State of New York. In private practice at a law firm for many years, he has experience in government regulatory, litigation and commercial matters. Mr. Abrams is active in New York City and State matters, including as a member of the New York City Charter Review Commission. |
Joseph Adamko |
Mr. Joseph M. Adamko is an Independent Director of Sterling Bancorp. Mr. Adamko is the former Executive Vice President and Managing Director of Manufacturers Hanover Trust Co., now J.P. Morgan Chase Bank, N.A. (1983-1992). He has been a director of the Company since 1992. Mr. Adamko has over 30 years of bank management experience, including loan and credit portfolio management, financial reporting, mergers and acquisitions, risk management, and budget and planning responsibilities. His banking experience was in the New York metropolitan region, where the Bank operates, and in similar industries, including textiles, apparel and retail. Mr. Adamko previously served as a director of a public company, Tommy Hilfiger Corporation, from 1993 to 2002. |
Fernando Ferrer |
Mr. Fernando Ferrer is an Independent Director of Sterling Bancorp. Mr. Ferrer has been Co-Chairman of Mercury Public Affairs, LLC, a part of Omnicom Group Inc., which specializes in high-value public affairs related to business, government, politics and media since 2006. He is also Co-Chairman, IGR Group, a national, bi-partisan government relations firm, owned by Mercury Public Affairs, LLC. Mr. Ferrer is the former President of the Drum Institute for Public Policy, a non-partisan, non-profit think tank (2002-2004). He served as Bronx Borough President (1987-2001). Mr. Ferrer has over 25 years of leadership experience in New York City government, including 14 years as Bronx Borough President, five years as a member of the New York City Council and as a candidate for Mayor of New York City. Mr. Ferrer has experience with New York City businesses, including real estate and housing, small business development, and community relations. |
Allan Hershfield |
Dr. Allan F. Hershfield is an Independent Director of Sterling Bancorp. Dr. Hershfield has been President of Resources for the 21st Century, a higher education consulting firm, since 1998. He is the former President of the Fashion Institute of Technology, a member college of the State University of New York, recognized for design, fashion, art, communications and business (1992-1997). Dr. Hershfield is a member of the Board of Directors of Amherst Cinema, a not-for-profit corporation that offers a number of educational and public service programs. He was the Dean of Metropolitan College, Boston University (1989-1992). Dr. Hershfield has 28 years of increasingly responsible experience as an academic administrator and faculty member at universities and colleges. He has also served as an educational consultant focusing on management, technology, public relations and marketing. He has broad experience in strategic and financial planning, as well as in management of human resources and training. |
Henry Humphreys |
Mr. Henry J. Humphreys is an Independent Director of Sterling Bancorp. Mr. Humphreys is Counselor-Permanent Observer, Mission of the Sovereign Military Order of Malta to the United Nations, an historic mission to help the sick and poor and the most disadvantaged in society, with programs that include medical and social assistance, disaster relief, emergency services, help for the elderly, the handicapped and children since 1998; he was Chancellor and Chief Operating Officer of the American Association of the Sovereign Military Order of Malta (1991-2000). He was a Senior Bank Officer at Bankers Trust Company (1953-1991). Mr. Humphreys has 38 years of experience as a bank officer at Bankers Trust Company, where he had credit review and financial analysis responsibility. He has been active in senior leadership and board positions throughout his career in numerous philanthropic organizations. Mr. Humphreys’ experience on boards of directors and trustees has included service as treasurer, and on finance and executive committees. |
Robert Lazar |
Mr. Robert W. Lazar is an Independent Director of Sterling Bancorp. Mr. Lazar is Senior Advisor, Teal, Becker & Chiaramonte, CPAs, PC, an affiliate of CPAmerica International, one of the networks of independent certified public accounting firms in the United States, and Chair, University of Albany School of Business Advisory Board, since 2010. He is a member of the Audit Committee Institute and attended the Annual Corporate Boardroom Summit, the 2010 NACD Audit Committee Webcast and the 2010 Audit Committee Roundtable Series. He was Senior Advisor to the Independent Bankers Association of New York State which represents the interest of independent community banks located throughout New York State (2006-2010). He was President and CEO of the New York Business Development Corporation that provides lending for small businesses (1987-2005). He was President and CEO of Empire State Certified Development Corporation, a Small Business Administration lender that provides financing for owner-occupied commercial real estate transactions (1987-2005). He was President and CEO of Statewide Zone Capital Corporation, which promotes the development and expansion of new business (1999-2005). Mr. Lazar, a Certified Public Accountant, has a broad audit and financial reporting background. From his 34 years with the New York Business Development Corporation, including 18 years as President and CEO, Mr. Lazar has deep familiarity with business development, banking, and small and middle market lending. |
Carolyn Lee |
Ms. Carolyn Joy Lee is an Independent Director of Sterling Bancorp., since November 4, 2009. Ms. Lee has been a Partner in the New York law office of Jones Day since 2007. She was an Associate, then Partner, at the law firm of Roberts & Holland, LLP (1980-2007). Ms. Lee has served as Chair of the Tax Section of the New York State Bar Association and as Chair of the State and Local Tax Committee of the Association of the Bar of the City of New York, and has served as a member of various New York State and New York City tax-related advisory panels. Ms. Lee, a tax law specialist, has a comprehensive understanding of business planning and strategy. She has held leadership positions in New York City and State tax and legal organizations. |
Eugene Rossides |
Mr. Eugene T. Rossides is an Independent Director of Sterling Bancorp. Mr. Rossides was a Senior Partner, Rogers & Wells LLP (now Clifford Chance US LLP) (1973-1993). He is a former Assistant Secretary of the United States Treasury Department (1969-1973). Mr. Rossides has been a director of the Company since 1989. Mr. Rossides is an in international law and trade. Beginning with high level government service with the U.S. Treasury Department, his long career of government service and private practice of law provides a depth of knowledge of government relations, security, regulatory matters and governance. |
Edward Nebb |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Louis Cappelli |
5,198,230 |
John Millman |
2,032,160 |
John Tietjen |
619,453 |
Howard Applebaum |
607,502 |
Eliot Robinson |
504,596 |
James Klein |
-- |
Robert Abrams |
-- |
Joseph Adamko |
-- |
Fernando Ferrer |
-- |
Allan Hershfield |
-- |
Henry Humphreys |
-- |
Robert Lazar |
-- |
Carolyn Lee |
-- |
Eugene Rossides |
-- |
Edward Nebb |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Louis Cappelli |
915,801 | 8,520,999 |
John Millman |
476,044 | 3,613,456 |
John Tietjen |
205,716 | 1,632,362 |
Howard Applebaum |
87,501 | 661,228 |
Eliot Robinson |
11,434 | 4,688 |
James Klein |
0 | 0 |
Robert Abrams |
0 | 0 |
Joseph Adamko |
0 | 0 |
Fernando Ferrer |
0 | 0 |
Allan Hershfield |
0 | 0 |
Henry Humphreys |
0 | 0 |
Robert Lazar |
0 | 0 |
Carolyn Lee |
0 | 0 |
Eugene Rossides |
0 | 0 |
Edward Nebb |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
LAZAR ROBERT W |
156 | $10.18 |
LAZAR ROBERT W |
312 | $10.26 |
HERSHFIELD ALLAN F |
156 | $10.18 |
HERSHFIELD ALLAN F |
312 | $10.26 |
APPLEBAUM HOWARD M |
492 | $10.18 |
APPLEBAUM HOWARD M |
263 | $10.26 |
FERRER FERNANDO |
280 | $9.04 |
ADAMKO JOSEPH M |
3,000 | $9.33 |
APPLEBAUM HOWARD M |
2,000 | $9.42 |
TIETJEN JOHN W |
309 | $9.57 |
HERSHFIELD ALLAN F |
312 | $9.77 |
LEE CAROLYN JOY |
312 | $9.79 |
FERRER FERNANDO |
156 | $9.79 |
ROSSIDES EUGENE T |
312 | $9.79 |
LEE CAROLYN JOY |
312 | $9.77 |
LAZAR ROBERT W |
156 | $9.79 |
ABRAMS ROBERT |
312 | $9.77 |
HERSHFIELD ALLAN F |
156 | $9.79 |
HUMPHREYS HENRY J |
156 | $9.79 |
HUMPHREYS HENRY J |
312 | $9.79 |
LAZAR ROBERT W |
312 | $9.79 |
ROSSIDES EUGENE T |
312 | $9.77 |
FERRER FERNANDO |
312 | $9.79 |
HERSHFIELD ALLAN F |
312 | $9.79 |
LEE CAROLYN JOY |
156 | $9.79 |

