New Jersey Banker - Issue 2, 2024

Michael Shriner BCB Bancorp Michael Shriner was named CEO and president of Bayonne-based BCB Bancorp and BCB Community Bank. Shriner replaces retiring CEO and President Thomas Coughlin, who will continue to serve on the company’s board of directors. Shriner, a 35-year veteran of banking, was formerly CEO and president of Millington-based MSB Financial Corp. and Millington Bank, prior to its being acquired by Kearny Bank. Under his leadership, he converted Millington Bank from a mutual holding company structure to a fully public institution through a Second Step Conversion. Joseph Murphy Spencer Savings Bank Spencer Savings Bank is pleased to welcome Joseph Murphy as Vice President and Controller. Mr. Murphy will lead the accounting team in financial reporting, accounting operations, budgeting, profitability management and monitoring. He will oversee accounting controls in accordance with accounting and regulatory standards. Rich Johnston Peapack-Gladstone Bank Rich Johnston has been named president of Peapack Capital, a subsidiary of Peapack-Gladstone Bank that focuses on equipment finance and leasing. Johnston is now responsible for overseeing all originations and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries, in addition to outbound syndications. Since joining Peapack Capital in 2017, he has played a significant role in the growth of this important business segment. Russell Barrett Valley Bank Valley Bank announced that Russell Barrett was elevated to senior executive vice president and chief operations officer. As Valley’s new COO, Barrett will play a critical role working with Valley’s senior executive leadership team to deliver the bank’s strategic vision. He will focus on driving customer centricity, improving service delivery and efficiency, and fostering innovation to support the bank in operating with the right balance of quality, flexibility, control and cost. In addition to these responsibilities, Barrett will continue to lead Valley’s digital transformation projects and all technology and operations-based aspects of the bank, including deposit and commercial services, loan operations and workplace solutions. 29 bank notes

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