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Dime Community Bancshares Inc (DCOM.OQ)

DCOM.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Vincent Palagiano

76 2017 Chairman of the Board

Kenneth Mahon

66 2017 President, Chief Executive Officer, Director

Michael Devine

70 2015 Vice Chairman of the Board

James Rizzo

54 2017 Senior Vice President and Comptroller and Principal Financial Officer

Robert Volino

45 2017 Chief Operating Officer, Senior Executive Vice President

Timothy Lenhoff

59 2014 Executive Vice President, Chief Technology Officer

Timothy King

58 2011 Executive Vice President, Chief Risk Officer

Lance Bennett

65 2011 Executive Vice President, General Counsel, Secretary

William Brown

50 2016 Executive Vice President, Chief Retail Officer

Conrad Gunther

71 2016 Executive Vice President - Business Banking

Stuart Lubow

49 2017 Senior Executive Vice President - Business Banking

Anthony Rose

46 2017 Executive Vice President and Chief Administrative Officer of Dime Savings Bank of Williamsburgh

Nancy Tomich

2017 Senior Vice President and Head - Residential Lending

Kathleen Nelson

71 2017 Lead Independent Director

Rosemarie Chen

2017 Director

Patrick Curtin

71 1995 Director

Steven Cohn

68 1995 Independent Director

Robert Golden

70 2011 Independent Director

Joseph Perry

50 2005 Independent Director

Omer Williams

76 2006 Independent Director

Biographies

Name Description

Vincent Palagiano

Mr. Vincent F. Palagiano is Chairman of the Board of Dime Community Bancshares, Inc. He has served as a Trustee or Director of the Bank since 1978. He served as CEO of both the Company and the Bank from January 1, 1989 to his retirement on December 31, 2016. Prior to Mr. Palagiano’s appointment as CEO, he served as President of both the Company and the Bank. Mr. Palagiano joined the Bank in 1970 as an appraiser, and has served as Executive Vice President, Chief Operating Officer and Chief Lending Officer of the Bank. In addition, Mr. Palagiano has served on the Boards of Directors of the Federal Home Loan Bank of New York from 2012 to 2016, the Institutional Investors Capital Appreciation Fund from 1996 to 2006, and The Community Bankers Association of New York from 2001 to 2005. Prior to 1970, Mr. Palagiano served in the real estate and mortgage departments at other financial institutions and title companies. This experience and these qualifications led the Board to conclude that Mr. Palagiano should serve as a Director of the Company.

Kenneth Mahon

Mr. Kenneth J. Mahon is a President, Chief Executive Officer, Director of the Company. Mr. Mahon served as the Bank’s Senior Vice President and Comptroller, prior to being elevated to Executive Vice President and Chief Financial Officer of the Company and Bank in 1997. Beginning in February 2014, Mr. Mahon served as Senior Executive Vice President and COO, before being elevated to President in January 2016. He was appointed President and CEO of both the Company and the Bank effective January 1, 2017. Mr. Mahon was elected to serve on the board of the Federal Home Loan Bank of New York beginning January 1, 2017. He also serves as a board member of Brooklyn Legal Services Corporation A, a nonprofit which provides legal services for low income families in Brooklyn, and of Southside United /Los Sures, a not-for-profit organization dedicated to maintaining and improving housing in the Williamsburg community for those of low and moderate income. Mr. Mahon is a member of the Financial Managers Society, the National Investor Relations Institute and the National Association of Corporate Directors. Prior to joining the bank in 1980, Mr. Mahon served in the financial area at two New York metropolitan area savings banks. He is a graduate of Saint Peter’s University, has an M.B.A. in finance from Rutgers University, and is a graduate of the National School of Savings Banking, Fairfield University.

Michael Devine

Mr. Michael P. Devine is Vice Chairman of the Board, President of Dime Community Bancshares, Inc. Mr. Devine has served as Vice Chairman of the Boards of both the Company and Bank since February 2014. He served as President of both the Company and Bank from January 1, 1997 to his retirement on December 31, 2015. Mr. Devine also served as COO of the Company from its inception in 1995 to February 2014, and of the Bank from 1989 to February 2014. Prior to Mr. Devine’s appointment as President, he served as EVP and Secretary of both the Company and the Bank. Mr. Devine joined the Bank in 1971 and has served as the Internal Auditor, Comptroller and Investment Officer. Prior to 1971, Mr. Devine served as a Senior Accountant with the firm of Peat Marwick Mitchell & Co. From August 2001 through September 12, 2008, Mr. Devine served on the Board of Directors of Retirement Systems Group, Inc. From September 2007 through December 2014, Mr. Devine served as Chairman of the Audit Committee and a member of the Board of Trustees of Long Island University. Since March 2009, Mr. Devine has served as a director of Pentegra Retirement Trust. This experience and these qualifications led the Board to conclude that Mr. Devine should serve as a Director of the Company.

James Rizzo

Mr. James Rizzo is appointed as Senior Vice President and Comptroller and Principal Financial Officer of the company effective July 31, 2017. He was named Comptroller of the Registrant and the bank in 1999, and Senior Vice President of the Registrant and the Bank in 2011. In this role, Mr. Rizzo oversees the finance and accounting activities of both entities. Mr. Rizzo joined the bank in 1986, and served various positions in the accounting department prior to appointment as Comptroller.

Robert Volino

Mr. Robert S. Volino is a Chief Operating Officer, Senior Executive Vice President of the Company, effective January 1, 2017. He has been with the Bank since 1999, and has over 22 years of experience with banking or related financial institutions. Mr. Volino began his career with the Bank as a securities portfolio analyst, and received several promotions prior to being named Vice President and Treasurer of the Bank in 2007. He was subsequently promoted to First Vice President and Treasurer of the Bank in 2009, to EVP and CIO of the Bank in 2014 and the Holding Company in 2015, and to his current title of SEVP and COO of the Bank and the Holding Company in 2017. Mr. Volino currently oversees the asset and liability management activities of both the Holding Company and Bank, which includes both investment and funding strategies, as well as management of liquidity and bank capital. Mr. Volino also oversees the commercial real estate lending and loan servicing departments, retail, operations support, capital planning and investment and treasury activities of both the Company and Bank.

Timothy Lenhoff

Mr. Timothy K. Lenhoff, is Executive Vice President and Chief Technology Officer of the Company. Prior to joining the Bank, Mr. Lenhoff served as Senior Vice President and Chief Technology Officer of Columbia Bank from 2007 to 2014. During a 23 year career with BISYS and Open Solutions from 1983 to 2007, he held a variety of senior management roles where he directed client service, product management, training and implementation activities supporting banking institutions across the United States. Mr. Lenhoff has over 32 years of experience in the banking and technology industry. Mr. Lenhoff currently oversees the management, planning, implementation, and infrastructure and network security protocol for all information technology utilized by the Bank.

Timothy King

Mr. Timothy B. King is no longer Executive Vice President, Chief Risk Officer of Dime Community Bancshares, Inc., effective December 31, 2017. He has 36 years of banking experience, and has been with the Bank since 1983. Mr. King was promoted to Treasurer of the Bank in 1989, Vice President of the Bank in 1993, Treasurer of the Company at its inception in 1995, First Vice President of both the Company and Bank in 1997, Senior Vice President of both the Company and the Bank in 1999 and EVP of both the Company and the Bank in 2008. In 2002, Mr. King was named the Chief Investment Officer of both the Company and Bank, overseeing the securities investment function of both entities. In March 2011, Mr. King was named the CRIO of both the Company and the Bank, in charge of oversight of all risk management functions of both entities.

Lance Bennett

Mr. Lance J. Bennett is Executive Vice President, General Counsel, Secretary of the Company. Mr. Bennett was hired as Vice President, General Counsel and Secretary of both the Company and Bank, and was promoted to First Vice President of both the Company and Bank in 2004, Senior Vice President of both the Company and Bank in 2007, and EVP of both the Company and Bank in 2011. He currently serves as General Counsel and Secretary of both the Company and Bank, responsible for all legal matters as well as corporate governance. He additionally oversees the corporate insurance functions of both the Company and Bank.

William Brown

Mr. William "Bill" E. Brown is a Executive Vice President, Chief Retail Officer of the Company. Mr. Brown is responsible for sales, service, operations, distribution and strategy for the Bank’s consumer and small business segments. Mr. Brown is a seasoned executive with over 20 years of financial services experience, most recently as head of the retail branch network at HSBC. Previous to that, he spent 17 years at Citibank as a Managing Director in positions of increasing responsibility including Head of the Global Consumer Bank AML, FATCA, and Branch Controls Office as well as Market President for Citibank's New York City market. Prior to Citibank, Mr. Brown was an Officer in the U.S. Navy for nearly eight years serving as a Naval Flight Officer in a Maritime Patrol Squadron and at the Pentagon on the Navy Staff.

Conrad Gunther

Mr. Conrad J. Gunther is Executive Vice President - Business Banking of the Company. He also currently serves as a Director for CVD Equipment Corp. Most recently, Mr. Gunther served as EVP and Chief Lending Officer (“CLO”) of First Central Savings Bank, a community bank with $525 million in assets. Previous to First Central Savings Bank, Mr. Gunther was First EVP and CLO of Community National Bank. Prior to that, he was founder and President of E-Bill Solutions, Inc., a sales and marketing organization for credit card processing and prior to E-Bill, held senior positions at The Allied Group, North Fork Bancorp, and European American Bank, as well as served as a Director and consultant for Reliance Bancorp.

Stuart Lubow

Mr. Stuart H. Lubow is Senior Executive Vice President - Business Banking of the Company. . From its inception in 2005 until its sale to Bridgehampton National Bank in December 2014, Mr. Lubow was a founder, Chairman, President, and CEO of Community National Bank, a full service community bank with nearly $1 billion in assets and 10 branches. Prior to that, he was founder, President, and CEO of Community State Bank, a four-branch, $145 million asset bank and was EVP and COO of Garden State Bank. Prior to Garden State Bank, Mr. Lubow held senior positions at Dollar Dry Dock Bank, Peoples Bank N.A., First Fidelity Bank, and Chase Manhattan Bank, N.A.

Anthony Rose

Mr. Anthony J. Rose is Executive Vice President and Chief Administrative Officer of Dime Savings Bank of Williamsburgh, a subsidiary of Dime Community Bancshares, Inc. Prior to joining the Company, Mr. Rose was partner in the financial services practice at Marakon, a Senior Managing Director/Partner and CFO of the International Strategy & Investment Group (ISI Group), a Director and CFO of the Equities Division at Credit Suisse, and was head of Capital Management within Global Treasury at JPMorgan Chase & Co. Mr. Rose oversees the Investor Relations activities of the Company, and corporate administrative and Human Resources functions of the Bank.

Nancy Tomich

Ms. Nancy Tomich is Senior Vice President and Head - Residential Lending of the Dime Savings Bank of Williamsburgh, a subsidiary of Dime Community Bancshares, Inc. Ms. Tomich has over 20 years of lending experience and joins the bank from Astoria Bank, where she was Managing Director of Residential Mortgage Services. In this role, she was responsible for the strategic direction of the Residential Mortgage Services Group which included: residential loan production, secondary marketing, underwriting, mortgage operations, loan administration & servicing, compliance, and Community Reinvestment activities. Ms. Tomich graduated magna cum laude with a Bachelor of Science in Business Administration and received an MBA with Distinction from New York Institute of Technology.

Kathleen Nelson

Ms. Kathleen M. Nelson is an Lead Independent Director of Dime Community Bancshares, Inc. Ms. Nelson currently serves as managing principal of Bay Hollow Associates, a commercial real estate advisory firm that she co-founded in 2009, as well as President of KMN Associates, LLC, a commercial real estate consulting firm she founded that provides consulting services to mixed-use and commercial retail real estate developers or owners. Ms. Nelson also served in the mortgage and real estate division of TIAA-CREF from 1968 through 2004, retiring as the Managing Director and Group leader of the division. Ms. Nelson currently serves on the Board of Directors and Executive and Audit Committees of CBL & Associates Properties, Inc., a publicly traded Real Estate Investment Trust focused on shopping center properties, as well as on the Board of Directors and Audit, Compensation and Nominating and Corporate Governance Committees of Apartment Investment and Management Co., a publicly traded owner and manager of rental apartments. Ms. Nelson is also a member of the advisory boards of Castagna Realty Company, the Beverly Willis Architecture Foundation, the Anglo American Real Property Institute, and an unaffiliated Board member of the JP Morgan U.S. Real Estate Income and Growth Fund.

Rosemarie Chen

Ms. Rosemarie Chen is Director of the Company. Ms. Chen is a Financial Services Leader within the Talent & Rewards Segment at Willis Towers Watson, a leading global advisory, broking and solutions company. In this role, she advises companies on strategic human capital issues along with leading initiatives relating to fintech. Prior to this, Ms. Chen was with Deloitte Consulting where she led a variety of technology implementations and workforce transformations. Previously, she was a consultant at Aon Hewitt (McLagan). She holds a B.A. from the University of Rochester in Economics/Allied Field in Computer Information Systems and an M.A. from CUNY in International Economics.

Patrick Curtin

Mr. Patrick E. Curtin is Director of Dime Community Bancshares, Inc. Prior to his retirement on December 31, 2015, Mr. Curtin served as a senior member in the law firm of Conway Farrell Curtin & Kelly, P.C. ("Conway Farrell") in New York, New York, and represented the Bank in loan closings, litigation and various other matters for over 36 years.

Steven Cohn

Mr. Steven D. Cohn is an Independent Director of Dime Community Bancshares, Inc. He has served as a Director of the Company since its formation in 1995 and as a Trustee or Director of the Bank since 1994. Mr. Cohn is the managing partner in the law firm of Goldberg and Cohn LLP, in Brooklyn Heights, New York, and is both a past President of the Brooklyn Bar Association and a delegate to the New York State Bar Association. Mr. Cohn is also an adjunct professor at the Fashion Institute of Technology, teaching classes in business law and marketing research. This experience and these qualifications led the Board to conclude that Mr. Cohn should serve as a Director of the Company.

Robert Golden

Mr. Robert C. Golden is Independent Director of Dime Community Bancshares, Inc. Prior to retirement, Mr. Golden served as a Manager at Mutual of America Capital Management Corp., a money management firm. From 1997 to 2010, Mr. Golden served as EVP of Corporate Operations and Systems at Prudential Financial, Inc. (previously Prudential Insurance Company of America), where he managed operations, technology infrastructure and communications and administrative services for all of Prudential Financial, Inc.'s subsidiaries. From 1976 through 1997, Mr. Golden served in several capacities at Prudential Securities, Inc., formerly a wholly-owned subsidiary of Prudential Insurance Company of America until majority ownership was sold in 2003, ending his tenure at Prudential Securities as Chief Administrative Officer in charge of operations, technology, systems infrastructure, communications, human resources, administrative services and real estate. Prior to retirement, Mr. Golden was a licensed member of the Financial Industry Regulatory Authority as a General Securities Representative, including the specialties of Financial and Operations Principal and Uniform Securities Agent State Law Examination. This experience and these qualifications led the Board to conclude that Mr. Golden should serve as a Director of the Company.

Joseph Perry

Mr. Joseph J. Perry is Independent Director of Dime Community Bancshares, Inc. From January 2004 through August 2005, Mr. Perry served as a Director of Havemeyer Equities, Inc., a previously wholly-owned subsidiary of the Bank. He is currently a partner at Marcum LLP, a public accounting and consulting firm headquartered in New York, New York, where he has served as the Firm-Wide Partner-in-Charge of Tax Services since 2006 and is a member of the Firm’s Executive Committee. Prior to joining Marcum LLP, Mr. Perry was a tax partner at one of the leading "Big 5" accounting firms and provided services to several financial services companies throughout the New York metropolitan area. Mr. Perry is a member of the American Institute of Certified Public Accountants and the New York State Society of Public Accountants.

Omer Williams

Mr. Omer S. J. Williams is Independent Director of Dime Community Bancshares, Inc. Mr. Williams is an attorney, Senior Counsel to the law firm of Alston & Bird LLP. He was previously Counsel to SNR Denton (US) LLP and prior to that a partner at Thacher Proffitt & Wood LLP ("Thacher"), where he served as both Chairman of the firm's Executive Committee and Managing Partner of the firm from 1991 to 2003. Thacher's partners determined to dissolve the firm as of December 31, 2008, and Mr. Williams served as Chairman of Thacher's dissolution committee until dissolution was completed in 2012. Mr. Williams has more than 50 years of experience in banking, corporate and financial institution law, including corporate structure, securities and mortgage finance issues.