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Kevin O’Connor Joins Valley Bank as Long Island Market President

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Valley Bank has appointed Kevin O'Connor as Market President for Long Island, NY, where he will focus on deepening current relationships, new business development initiatives, and cultivating growth opportunities. O'Connor brings over 35 years of banking experience, having previously served as CEO of Dime Community Bank and Bridgehampton National Bank, where he led significant organic growth.

O'Connor, named one of Long Island's top CEOs by Long Island Business News, previously held senior executive positions at North Fork Bank and KPMG. He currently serves on multiple boards including HI-LIA, Suffolk Community College's Board of Trustees, and chairs the Long Island chapter of Habitat for Humanity.

Valley Bank ha nominato Kevin O'Connor come Presidente di Mercato per Long Island, NY, dove si concentrerà sul rafforzamento delle attuali relazioni, nuove iniziative di sviluppo commerciale e sulla coltivazione di opportunità di crescita. O'Connor porta con sé oltre 35 anni di esperienza bancaria, avendo precedentemente ricoperto il ruolo di CEO di Dime Community Bank e Bridgehampton National Bank, dove ha guidato una significativa crescita organica.

O'Connor, nominato uno dei migliori CEO di Long Island da Long Island Business News, ha in precedenza ricoperto posizioni dirigenziali presso North Fork Bank e KPMG. Attualmente fa parte di diversi consigli, tra cui HI-LIA, il Consiglio di Amministrazione del Suffolk Community College, e presiede il capitolo di Long Island di Habitat for Humanity.

Valley Bank ha designado a Kevin O'Connor como Presidente del Mercado para Long Island, NY, donde se enfocará en profundizar las relaciones actuales, iniciativas de desarrollo de nuevos negocios y cultivando oportunidades de crecimiento. O'Connor aporta más de 35 años de experiencia en banca, habiendo sido anteriormente CEO de Dime Community Bank y Bridgehampton National Bank, donde lideró un crecimiento orgánico significativo.

O'Connor, nombrado uno de los mejores CEO de Long Island por Long Island Business News, ocupó previamente puestos ejecutivos senior en North Fork Bank y KPMG. Actualmente, forma parte de múltiples juntas, incluyendo HI-LIA, la Junta de Síndicos del Suffolk Community College, y preside el capítulo de Long Island de Habitat for Humanity.

Valley BankKevin O'Connor를 뉴욕 롱아일랜드의 시장 대통령으로 임명했습니다. 그는 현재의 관계를 심화하고, 새로운 비즈니스 개발 이니셔티브를 추진하며, 성장 기회를 육성하는 데 집중할 것입니다. O'Connor는 35년 이상의 은행 경험을 가지고 있으며, 이전에 Dime Community Bank와 Bridgehampton National Bank의 CEO로 재직하며 중요한 유기적 성장을 이끌었습니다.

O'Connor는 Long Island Business News에서 롱아일랜드의 가장 우수한 CEO 중 한 명으로 선정되었으며, 이전에는 North Fork Bank와 KPMG에서 고위 임원직을 맡았습니다. 그는 현재 HI-LIA, Suffolk Community College의 이사회 등 여러 이사회에서 활동하고 있으며, 롱아일랜드의 Habitat for Humanity 지부를 맡고 있습니다.

Valley Bank a nommé Kevin O'Connor Président du Marché pour Long Island, NY, où il se concentrera sur l'approfondissement des relations actuelles, de nouvelles initiatives de développement commercial et la cultivation d'opportunités de croissance. O'Connor apporte plus de 35 ans d'expérience bancaire, ayant précédemment occupé le poste de PDG de Dime Community Bank et de Bridgehampton National Bank, où il a dirigé une croissance organique significative.

O'Connor, nommé l'un des meilleurs PDG de Long Island par Long Island Business News, a précédemment occupé des postes de direction chez North Fork Bank et KPMG. Il siège actuellement à plusieurs conseils, y compris HI-LIA, le Conseil d'Administration du Suffolk Community College, et préside le chapitre de Long Island de Habitat for Humanity.

Valley Bank hat Kevin O'Connor zum Marktpräsidenten für Long Island, NY, ernannt, wo er sich darauf konzentrieren wird, bestehende Beziehungen zu vertiefen, neue Geschäftsentwicklungsinitiativen zu fördern und Wachstumschancen zu kultivieren. O'Connor bringt über 35 Jahre Bankerfahrung mit, nachdem er zuvor als CEO der Dime Community Bank und der Bridgehampton National Bank tätig war, wo er signifikantes organisches Wachstum leitete.

O'Connor, der von Long Island Business News als einer der besten CEOs Long Islands ausgezeichnet wurde, hatte zuvor Führungspositionen bei North Fork Bank und KPMG inne. Derzeit ist er in mehreren Vorständen tätig, darunter HI-LIA, der Vorstand des Suffolk Community College, und er leitet das Kapitel Long Island von Habitat for Humanity.

Positive
  • Appointment of experienced banking executive with 35+ years in the industry
  • Strategic hire with proven track record of driving organic growth in the Long Island market
  • Strong local market connections through multiple board positions
Negative
  • None.

Insights

The appointment of Kevin O'Connor as Valley Bank's Long Island Market President represents a standard executive appointment without immediate material impact on Valley's financial performance or stock value. While O'Connor's track record at Dime Community Bank demonstrates strong leadership capabilities, particularly in driving organic growth in the Long Island market, executive appointments at the regional level typically don't significantly influence investor sentiment or stock performance in the near term.

His extensive experience in the Long Island banking sector, including successful tenure at Dime Community Bank and Bridge Bank, suggests potential for market share expansion in the region. However, any meaningful impact on Valley's $4.9 billion market capitalization would likely materialize over several quarters as strategies are implemented and relationships are developed.

The Long Island market, while strategically important for Valley Bank's New York expansion plans, represents just one segment of their overall operations. This appointment, while positive for regional operations, is unlikely to materially affect the bank's broader financial metrics or investor valuations in the immediate future.

Former Dime Community Bank CEO will lead Valley’s commercial banking efforts in the dynamic Long Island market

MORRISTOWN, N.J.--(BUSINESS WIRE)-- Valley Bank announced today the appointment of Kevin O’Connor as Market President for Long Island, NY. In this role, Mr. O’Connor will focus on deepening current relationships, new business development initiatives and cultivating growth opportunities throughout Long Island.

“I am excited to join Valley and contribute to the ongoing development of this strategically important market,” remarked Mr. O’Connor. “I look forward to collaborating with our talented team delivering exceptional value to our clients and continuing the expansion of the Valley brand throughout this region.”

Mr. O’Connor brings over 35 years of banking experience to Valley. He previously served as the Chief Executive Officer of Dime Community Bank, the successor organization to Bridgehampton National Bank (“Bridge”) after the 2021 merger between the two organizations. Mr. O’Connor had served since 2007 as the Chief Executive Officer and President of Bridge where he led the Long Island-based institution through a period of meaningful organic growth and financial success. He was named as one of Long Island’s top CEOs by Long Island Business News. His other roles in financial services included senior executive positions at North Fork Bank and KPMG.

“We are thrilled to welcome Kevin to Valley,” commented Valley President Tom Iadanza. “We believe his vast experience in the industry and proven history of driving results make him an invaluable addition to our organization. As we continue to focus on growing our franchise across New York, Kevin will play a critical role in shaping our future success.”

Mr. O’Connor currently serves on the board and executive committee of the HI-LIA and is an executive committee member of the Board of Trustees for Suffolk Community College. In addition, he is the Chair of the Board of the Long Island chapter of Habitat for Humanity and on the boards of United Veterans Beacon House and Pursuit Lending. He is the former LI and NYS chair of the NY Bankers Association.

Mr. O’Connor has degrees in Accounting from Adelphi University in 1984 and Suffolk Community College.

About Valley
As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with over $62 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California, and Illinois, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Care Center at 800-522-4100.

Pam Golden

(973) 564-8591

pam@glapr.com

Source: Valley National Bank

FAQ

What is Kevin O'Connor's new role at Valley Bank (VLY)?

Kevin O'Connor has been appointed as Market President for Long Island, NY at Valley Bank, where he will focus on deepening current relationships, new business development initiatives, and cultivating growth opportunities.

What was Kevin O'Connor's previous experience before joining Valley Bank (VLY)?

O'Connor was previously CEO of Dime Community Bank and Bridgehampton National Bank, with over 35 years of banking experience including senior executive positions at North Fork Bank and KPMG.

How will Kevin O'Connor's appointment impact Valley Bank's (VLY) Long Island market presence?

O'Connor's appointment is expected to strengthen Valley Bank's presence in Long Island through his extensive local experience, industry knowledge, and established relationships in the market.

What community leadership positions does Valley Bank's (VLY) new Long Island Market President hold?

O'Connor serves on the board and executive committee of HI-LIA, Suffolk Community College's Board of Trustees, chairs the Long Island chapter of Habitat for Humanity, and serves on the boards of United Veterans Beacon House and Pursuit Lending.

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