Dime Community Bancshares Appoints Kevin Stein to its Board of Directors
03 January 2018 - 8:23AM
Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company" or
"Dime"), the parent company of Dime Community Bank (the "bank"),
announced the appointment of Kevin Stein to its Board of Directors
effective as of December 20, 2017. Mr. Stein was also appointed to
the Board of Directors of the bank.
"We are pleased to welcome Kevin to the Board," said Kenneth J.
Mahon, President and Chief Executive Officer of Dime. "Kevin's
diverse background in community and investment banking and his
knowledge of the regulatory environment will be invaluable to our
Board and we look forward to his contributions as we continue to
build out our commercial banking platform."
Mr. Stein is CEO of Resolution Analytica, a buyer of commercial
judgments, and an operating adviser of KCK-US, Inc., a private
equity firm. He was previously Managing Director in the Financial
Institutions Group of Barclays advising banks, specialty finance
companies and financial sponsors, and prior, was partner at FBR
Capital Markets & Co. and group head of the Depository
Investment Banking practice. Prior to FBR, Kevin was an executive
at GreenPoint Financial Corporation where he held a number of
senior roles including Director of Strategy and Corporate
Development, EVP of Mortgage Banking, Chief Information Officer,
and Division Director of Retail Banking. Prior to GreenPoint, Kevin
was an Associate Director of the Federal Deposit Insurance
Corporation. Mr. Stein is currently on the Board of PHH
Corporation. He received his MBA from Carnegie Mellon University
and his Bachelor of Science from Syracuse University.
Vincent F. Palagiano, Chairman of both the Company and bank,
stated, "Kevin's deep understanding of the banking industry will
allow him to immediately add value to the Board. We are confident
that Dime will benefit from his experience and insights."
ABOUT DIME COMMUNITY BANCSHARES, INC.The
Company had $6.44 billion in consolidated assets as of September
30, 2017, and is the parent company of the bank. The bank was
founded in 1864, is headquartered in Brooklyn, New York, and
currently has twenty-eight branches located throughout Brooklyn,
Queens, the Bronx and Nassau County, New York. More information on
the Company and the bank can be found on Dime's website at
www.dime.com.
Contact: Anthony Rose, Executive Vice President and Director of
Investor Relations. 718-782-6200 extension 5260
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