The First of Long Island Corporation Adds Susanne Pheffer as Executive Vice President and Chief Information Officer

Rhea-AI Summary

The First of Long Island Corporation (NASDAQ: FLIC) announced the appointment of Susanne Pheffer as Executive Vice President and Chief Information Officer on November 30, 2020. Pheffer brings over 29 years of banking experience, having served as CTO at Empire National Bank and CIO at the State Bank of Long Island. President Christopher Becker highlighted her expertise in technology and operations, particularly crucial as digital banking surges amid the pandemic. The bank operates 50 branches primarily in Long Island and parts of NYC, serving various financial needs.

Positive

• Appointment of Susanne Pheffer as EVP and CIO enhances the executive team.
• Pheffer's extensive experience in technology and banking positions the company favorably for digital growth.

Negative

• None.

GLEN HEAD, N.Y., Dec. 01, 2020 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ: FLIC) announced today that on November 30, 2020, Susanne Pheffer joined the Company’s banking subsidiary, The First National Bank of Long Island, as Executive Vice President and Chief Information Officer.

Most recently Ms. Pheffer served six years as Executive Vice President and Chief Technology Officer of Empire National Bank. She spent the first twenty-three years of her career at the State Bank of Long Island where she was promoted to Senior Vice President and Chief Information Officer. Ms. Pheffer spent seven years as a Senior Consultant and Director of Operations for a consultancy firm specializing in application processing systems and advanced technology solutions for the financial services industry. Ms. Pheffer has a Master of Science degree in Finance and a Bachelor of Science degree in Computer Science and Corporate Finance, both from Adelphi University.

President and Chief Executive Officer, Christopher Becker, commented, “Susanne joins us at an exciting juncture as we just introduced a new branding initiative and custom designed website. Technology and information security are most critical as our industry witnesses an unparalleled rise in the use of digital banking since the onset of the pandemic. Susanne brings seasoned experience to the Company with her broad banking background. She has served both as an executive of community banks in our market as well as a technology and operations consultant to financial institutions across the nation. Known for her leadership skills, expertise and ability to deliver, I am confident she is well suited to join our team.”

About The First of Long Island Corporation

The First of Long Island Corporation is the bank holding company for The First National Bank of Long Island. The Bank serves the financial needs of privately-owned businesses, professionals, consumers, public bodies and other organizations primarily in Nassau and Suffolk Counties, Long Island, and the boroughs of Queens, Brooklyn and Manhattan within New York City with a current branch network of fifty branches.

For More Information Contact
Christopher Becker, President and CEO
(516) 671-4900 Ext. 7000

FAQ

Who is the new Chief Information Officer of The First of Long Island Corporation?

Susanne Pheffer was appointed as the new Chief Information Officer on November 30, 2020.

What role did Susanne Pheffer have before joining The First of Long Island Corporation?

Before joining, Pheffer was Executive Vice President and Chief Technology Officer at Empire National Bank.

How many branches does The First of Long Island Corporation operate?

The First National Bank of Long Island operates 50 branches.

What is the significance of Susanne Pheffer's appointment for The First of Long Island Corporation?

Her appointment is important as it strengthens the company's focus on technology and digital banking, especially during the pandemic.