First Union

NEW YORK COMMUNITY BANCORP, INC. CONTINUES TO STRENGTHEN MANAGEMENT TEAM AND ENHANCE RISK FRAMEWORK

Retrieved on: 
Friday, March 1, 2024

HICKSVILLE, N.Y., March 1, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced the appointments of George F. Buchanan III as Executive Vice President and Chief Risk Officer and Colleen McCullum as Executive Vice President and Chief Audit Executive, effective immediately.

Key Points: 
  • The leadership team identified the material weaknesses disclosed yesterday and has been taking the necessary steps to address them, including appointing new executives.
  • Mr. Buchanan brings over 30 years of financial services-related risk management and credit experience, having previously held roles at First Union, AmSouth Bank, US Bank, and Regions Bank.
  • George and Colleen are proven leaders with large bank and public company expertise and successful track records of delivering operational excellence.
  • George's risk management experience, coupled with Colleen's audit acumen, will be important as we continue to upgrade our executive leadership team and ensure we execute on our goals."

Vislink Appoints Christopher DeSalvo as Chief Financial Officer and Vice President of Operations

Retrieved on: 
Thursday, January 4, 2024

Olive, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, today announced the appointment of Christopher DeSalvo as its Chief Financial Officer and Vice President of Operations, effective immediately.

Key Points: 
  • Olive, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, today announced the appointment of Christopher DeSalvo as its Chief Financial Officer and Vice President of Operations, effective immediately.
  • DeSalvo is a distinguished leader with a proven track record of leading significant financial and operational transformations in large-scale enterprises.
  • This led to him becoming the Chief Financial Officer for Business Banking and Small Business Capital at Wachovia.
  • In his most recent role as Shared Services and Operations Executive at Paychex, DeSalvo led initiatives resulting in substantial annual savings, operational excellence, and robust client engagement.

Star Mountain Capital Adds Chris Calabrese, Former Co-Founder of LBC Credit Partners, as Strategic Portfolio Partner

Retrieved on: 
Thursday, September 28, 2023

Star Mountain Senior Advisors / Operating Partners are aligned with Star Mountain’s full-time team and investors by investing their personal capital and sharing in the firm’s carried interest.

Key Points: 
  • Star Mountain Senior Advisors / Operating Partners are aligned with Star Mountain’s full-time team and investors by investing their personal capital and sharing in the firm’s carried interest.
  • “We are excited to expand Chris into this full-time role providing additional value for our investors, portfolio companies and team,” said Brett Hickey , Star Mountain Capital Founder & CEO.
  • In 2005 Mr. Calabrese co-founded LBC Credit Partners, a lower middle-market private credit investment firm that was acquired by CIFC Asset Management LLC in December 2021.
  • At LBC, he served as a Senior Partner facilitating a team which invested over $5.5 billion in more than 200 lower middle-market companies through 2019.

Ledyard Names Charles Petersen to its Board of Directors

Retrieved on: 
Friday, September 22, 2023

Ledyard Financial Group (Ticker Symbol: LFGP), the holding company for Ledyard National Bank, is pleased to announce that Charles M. Petersen has joined its Board of Directors, effective September 21, 2023.

Key Points: 
  • Ledyard Financial Group (Ticker Symbol: LFGP), the holding company for Ledyard National Bank, is pleased to announce that Charles M. Petersen has joined its Board of Directors, effective September 21, 2023.
  • Charles also launched an Officer Development Program to prepare the bank’s next generation of leaders.
  • That, combined with his deep understanding of our local communities and hands-on leadership experience, will be true assets for Ledyard and its board,” remarked Bruce King, Chair of Ledyard’s Board of Directors.
  • Ledyard Financial Group, Inc., with headquarters in Hanover, New Hampshire, is the holding company for Ledyard National Bank.

Cox Automotive Names Scott LeTourneau Chief Financial Officer

Retrieved on: 
Friday, September 15, 2023

ATLANTA, Sept. 15, 2023 /PRNewswire/ -- Cox Automotive announced today that Scott LeTourneau will become its new executive vice president and chief financial officer, effective September 19, 2023. LeTourneau has been with Cox since 2012 in various corporate development roles, most recently serving as senior vice president of corporate development for parent company Cox Enterprises. He is a proven finance leader with deep expertise in executing strategic corporate transactions and developing diversified growth strategies. At Cox Automotive, LeTourneau will have responsibility for all finance functions and the company's financial solutions business, NextGear Capital. 

Key Points: 
  • ATLANTA, Sept. 15, 2023 /PRNewswire/ -- Cox Automotive announced today that Scott LeTourneau will become its new executive vice president and chief financial officer, effective September 19, 2023.
  • "I am excited to add Scott LeTourneau to our outstanding leadership team at Cox Automotive," said Steve Rowley, president, Cox Automotive.
  • He concludes an incredible 41-year career, including an 11-year run at Cox Communications and six years as chief financial officer for Cox Automotive.
  • "Cox Automotive is a dynamic business that is leading the fast-paced automotive industry during a period of significant evolution," said Scott LeTourneau, EVP and chief financial officer of Cox Automotive.

Comvest Partners Announces Hiring of Lee Landrum as Partner, Head of Investor Relations

Retrieved on: 
Monday, September 11, 2023

Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, today announced that private credit investment veteran Lee Landrum has joined the firm as a Partner and Head of Investor Relations.

Key Points: 
  • Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, today announced that private credit investment veteran Lee Landrum has joined the firm as a Partner and Head of Investor Relations.
  • “We are thrilled to welcome Lee to Comvest’s leadership team,” said Michael Falk, Comvest’s founder and Chief Executive Officer.
  • He joins Comvest from Tennenbaum Capital Partners’ successor organization (BlackRock), where he most recently was a Managing Director on the U.S.
  • Private Credit Team of BlackRock Financial Management, Inc. Before that, Mr. Landrum was a Managing Partner of Tennenbaum Capital Partners, where he also led the Global Investor Relations function.

Live Oak Bank Names William C. (BJ) Losch, III as President

Retrieved on: 
Friday, August 25, 2023

WILMINGTON, N.C., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares (“Live Oak” or the “company”) announced today its Board of Directors has appointed William C. (BJ) Losch, III as President of Live Oak Bank effective today.

Key Points: 
  • WILMINGTON, N.C., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares (“Live Oak” or the “company”) announced today its Board of Directors has appointed William C. (BJ) Losch, III as President of Live Oak Bank effective today.
  • Losch will continue to serve in his role as Chief Financial Officer of Live Oak Bancshares.
  • Losch brings a wealth of experience and knowledge as Live Oak continues to expand its lending franchise, while launching new products and solutions to support its growing customer base.
  • “The Board and I are beyond excited to see BJ take on this role and lead Live Oak into the future.

Oyster Consulting Hires John Ivan, Former Raymond James, Merrill Lynch Compliance Exec

Retrieved on: 
Thursday, August 17, 2023

RICHMOND, Va., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Oyster Consulting , a financial services consulting firm providing consulting, outsourcing and software services, announced today that John Ivan has joined the firm’s Governance, Risk and Compliance team.

Key Points: 
  • RICHMOND, Va., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Oyster Consulting , a financial services consulting firm providing consulting, outsourcing and software services, announced today that John Ivan has joined the firm’s Governance, Risk and Compliance team.
  • Ivan’s experience in restructuring and enhancing Compliance departments to align with strategic business changes and regulatory responses adds strategic depth to Oyster Consulting’s expert resources.
  • Prior to that, he was Managing Director at Bank of America Merrill Lynch, heading Compliance for its Global Wealth and Retirement Services products and services business.
  • “I’m very excited to join Oyster Consulting,” said Ivan, “and the talented professionals who are dedicated to their clients’ regulatory compliance.

BetaNXT Appoints Sherry Moreland President of Mediant Communications

Retrieved on: 
Thursday, June 29, 2023

NEW YORK, June 29, 2023 /PRNewswire/ -- BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, today announced Sherry Moreland has been named President of its Mediant Communications business, effective August 15.

Key Points: 
  • NEW YORK, June 29, 2023 /PRNewswire/ -- BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, today announced Sherry Moreland has been named President of its Mediant Communications business, effective August 15.
  • Ms. Moreland has served as Chief Operating Officer of Mediant for 15 years and is credited with managing Mediant's rapid growth and driving innovation within the investor communications industry.
  • Mediant was acquired by BetaNXT in March 2023, augmenting BetaNXT's suite of wealth management solutions and expanding BetaNXT into investor communications through Mediant's digital-forward communications capabilities, industry experience, and reliability.
  • Prior to Mediant, she was Vice President and Senior Operations Manager for First Union's Corporate Trust Group (now Wachovia), and Assistant Vice President of Operations for Reliance Trust Company.

Ohio's DayMark Wealth Partners Continues Its Rapid Expansion By Adding the Compass Group With More Than $1.0 Billion in Client Assets

Retrieved on: 
Wednesday, May 10, 2023

DayMark Wealth Partners announced today that T. Rodney Twells, Andrew Sikorovsky, and Joseph Schmidt have joined the firm as the Compass Group of DayMark Wealth Partners.

Key Points: 
  • DayMark Wealth Partners announced today that T. Rodney Twells, Andrew Sikorovsky, and Joseph Schmidt have joined the firm as the Compass Group of DayMark Wealth Partners.
  • The Compass Group of DayMark, previously at Wells Fargo Advisors, has combined experience of over 150 years and looks after more than $1.0 billion in client assets.
  • “We are excited to welcome another veteran wealth management team to DayMark Wealth Partners,” comments Dynasty’s CEO, Shirl Penney.
  • In 2003, he partnered with Compass Group of First Union Securities and remained there until leaving to form Compass Group of DayMark.