STOCK TITAN

Seasoned Leader Brings Decades of Legal, Administrative and Corporate Expertise to the Board

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Blue Foundry Bancorp (Nasdaq: BLFY) has appointed John F. Kuntz, Esq. as a Director of both the Company and its subsidiary, Blue Foundry Bank. Mr. Kuntz brings extensive experience in financial, legal, and operational matters from his previous role as Senior Executive Vice President and Chief Administrative Officer of Provident Bank. His expertise includes managing various departments, participating in bank transactions, and serving as General Counsel and Corporate Secretary.

Mr. Kuntz's appointment is expected to provide additional perspective and depth to the organization, particularly in areas such as charitable foundations. His background includes membership in the American Bankers Association General Counsels Group and the Society for Corporate Governance. He holds a law degree from New York Law School and is licensed to practice in New Jersey and New York.

Blue Foundry Bancorp (Nasdaq: BLFY) ha nominato John F. Kuntz, Esq. come Direttore sia della Società che della sua controllata, Blue Foundry Bank. Il signor Kuntz porta un'ampia esperienza in questioni finanziarie, legali e operative grazie al suo precedente ruolo di Vicepresidente Esecutivo Senior e Direttore Amministrativo di Provident Bank. La sua competenza include la gestione di vari dipartimenti, la partecipazione a transazioni bancarie e il servizio come Consigliere Legale e Segretario Aziendale.

Si prevede che la nomina del signor Kuntz fornisca una prospettiva e una profondità aggiuntive all'organizzazione, in particolare in aree come le fondazioni benefiche. Il suo background include l'appartenenza al General Counsels Group dell'American Bankers Association e alla Society for Corporate Governance. Ha conseguito una laurea in giurisprudenza alla New York Law School ed è autorizzato a esercitare in New Jersey e New York.

Blue Foundry Bancorp (Nasdaq: BLFY) ha nombrado a John F. Kuntz, Esq. como Director tanto de la Compañía como de su filial, Blue Foundry Bank. El Sr. Kuntz aporta una amplia experiencia en asuntos financieros, legales y operativos de su rol anterior como Vicepresidente Ejecutivo Senior y Director Administrativo de Provident Bank. Su experiencia incluye la gestión de varios departamentos, la participación en transacciones bancarias y el servicio como Asesor Legal General y Secretario Corporativo.

Se espera que el nombramiento del Sr. Kuntz proporcione una perspectiva y profundidad adicionales a la organización, particularmente en áreas como las fundaciones benéficas. Su trayectoria incluye pertenencia al Grupo de Consejeros Generales de la Asociación Americana de Banqueros y a la Sociedad de Gobernanza Corporativa. Posee un título de derecho de la New York Law School y está licenciado para ejercer en Nueva Jersey y Nueva York.

Blue Foundry Bancorp (Nasdaq: BLFY)는 John F. Kuntz, Esq.를 회사 및 그 자회사인 Blue Foundry Bank의 이사로 임명했습니다. Kuntz 씨는 Provident Bank의 수석 부회장 및 최고 행정 책임자로서의 이전 역할에서 금융, 법률 및 운영 문제에 대한 폭넓은 경험을 제공합니다. 그의 전문 분야는 다양한 부서 관리, 은행 거래 참여, 일반 고문 및 기업 비서로서의 역할을 포함합니다.

Kuntz 씨의 임명은 특히 자선 재단과 같은 분야에서 조직에 추가적인 시각과 깊이를 제공할 것으로 예상됩니다. 그의 배경에는 미국 은행가 협회 일반 고문 그룹 및 기업 거버넌스 협회의 회원 자격이 포함됩니다. 그는 뉴욕 법대에서 법학 학위를 취득했으며 뉴저지와 뉴욕에서 법 practice을 할 수 있는 자격이 있습니다.

Blue Foundry Bancorp (Nasdaq: BLFY) a nommé John F. Kuntz, Esq. comme Directeur à la fois de la Société et de sa filiale, Blue Foundry Bank. M. Kuntz apporte une vaste expérience dans les domaines financier, juridique et opérationnel, grâce à son rôle précédent de Premier Vice-Président Exécutif et Directeur Administratif chez Provident Bank. Son expertise inclut la gestion de divers départements, la participation à des transactions bancaires et des fonctions comme Conseiller Juridique Général et Secrétaire Corporatif.

La nomination de M. Kuntz est attendue pour apporter de nouvelles perspectives et une profondeur supplémentaire à l'organisation, en particulier dans des domaines tels que les fondations caritatives. Son parcours comprend l'adhésion au Groupe des Conseillers Juridiques de l'American Bankers Association et à la Society for Corporate Governance. Il est titulaire d'un diplôme en droit de la New York Law School et est autorisé à exercer dans le New Jersey et à New York.

Blue Foundry Bancorp (Nasdaq: BLFY) hat John F. Kuntz, Esq. zum Direktor sowohl des Unternehmens als auch seiner Tochtergesellschaft, Blue Foundry Bank, ernannt. Herr Kuntz bringt umfangreiche Erfahrungen in finanziellen, rechtlichen und operativen Angelegenheiten aus seiner vorherigen Rolle als Senior Executive Vice President und Chief Administrative Officer bei Provident Bank mit. Zu seinen Fachkenntnissen gehören die Leitung verschiedener Abteilungen, die Teilnahme an Banktransaktionen und die Tätigkeit als General Counsel und Corporate Secretary.

Die Ernennung von Herrn Kuntz wird voraussichtlich zusätzliche Perspektiven und Tiefe in die Organisation einbringen, insbesondere in Bereichen wie gemeinnützige Stiftungen. Sein Hintergrund umfasst die Mitgliedschaft in der General Counsels Group der American Bankers Association sowie in der Society for Corporate Governance. Er hat einen Juris Doctor der New York Law School und ist berechtigt, in New Jersey und New York zu praktizieren.

Positive
  • Appointment of experienced director with extensive knowledge in financial, legal, and operational matters
  • New director brings expertise in managing various bank departments and participating in bank transactions
  • Addition of director with experience in charitable foundations
Negative
  • None.

RUTHERFORD, N.J., July 23, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (Nasdaq: BLFY) (the “Company”), announced today the appointment of John F. Kuntz, Esq. as a Director of both the Company and its subsidiary, Blue Foundry Bank, effective immediately.

Kenneth Grimbilas, Chairman, stated, “We are very pleased to have Mr. Kuntz join Blue Foundry’s Board of Directors. His extensive knowledge and experience in financial, legal and operational matters will provide additional perspective and depth to the organization. His experience with charitable foundations will also prove to be instrumental at Blue Foundry.”

Mr. Kuntz most recently served as Senior Executive Vice President and Chief Administrative Officer of Provident Bank, a regional financial institution serving the financial needs of businesses, individuals and families throughout northern and central New Jersey, Bucks County and the Lehigh Valley in Pennsylvania, and Queens and Nassau Counties in New York. While serving in the role of Chief Administrative Officer, Mr. Kuntz managed a number of departments, including Loan and Deposit Operations; Credit; Facilities; Marketing; Human Resources and Information Technology.

During his tenure at Provident, he participated in a number of transactions, including taking the bank public and acquiring five banks and three wealth management companies.

Mr. Kuntz previously served as General Counsel and Corporate Secretary of Provident Financial Services, Inc., the public holding company of Provident Bank. Mr. Kuntz also served as corporate secretary of The Provident Bank Foundation and was a member of the Board of Directors of Beacon Trust Company, a full-service wealth management company, further demonstrating his invaluable leadership skills.

Mr. Kuntz is a member of the American Bankers Association General Counsels Group and the Society for Corporate Governance. He received his law degree from New York Law School, magna cum laude, his B.A. degree from Fairfield University, magna cum laude, and is licensed to practice in both New Jersey and New York.

Mr. Kuntz commented, “I am honored and delighted to join the board of directors of Blue Foundry. I believe I will bring valuable insights, perspectives, and skills that will further enhance the Company’s innovative culture and dynamic leadership team.”

About Blue Foundry Bancorp and Blue Foundry Bank

Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a place where things are made, purpose is formed, and ideas are crafted. Headquartered in Rutherford NJ, with presence in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, Somerset and Union counties, Blue Foundry Bank is a full-service, innovative bank serving the doers, movers, and shakers in our communities. We offer individuals and businesses alike the tailored products and services they need to build their futures. With a rich history dating back more than 145 years, Blue Foundry Bank has a longstanding commitment to its customers and communities.

Contact:

James D. Nesci
President and Chief Executive Officer
BlueFoundryBank.com
jnesci@bluefoundrybank.com
201-972-8900


FAQ

Who is the newly appointed director of Blue Foundry Bancorp (BLFY)?

John F. Kuntz, Esq. has been appointed as a Director of both Blue Foundry Bancorp and its subsidiary, Blue Foundry Bank, effective immediately.

What is John F. Kuntz's background before joining Blue Foundry Bancorp (BLFY)?

Mr. Kuntz most recently served as Senior Executive Vice President and Chief Administrative Officer of Provident Bank, where he managed various departments and participated in bank transactions and acquisitions.

How might John F. Kuntz's appointment benefit Blue Foundry Bancorp (BLFY)?

His extensive knowledge and experience in financial, legal, and operational matters are expected to provide additional perspective and depth to the organization, particularly in areas such as charitable foundations.

What professional associations is John F. Kuntz a member of?

Mr. Kuntz is a member of the American Bankers Association General Counsels Group and the Society for Corporate Governance.

Blue Foundry Bancorp

NASDAQ:BLFY

BLFY Rankings

BLFY Latest News

BLFY Stock Data

246.99M
23.21M
13.98%
50.5%
2.07%
Banks - Regional
Savings Institutions, Not Federally Chartered
Link
United States of America
RUTHERFORD