NYCB names CEO Joseph Otting to additional role of executive chairmanFinanceNYCB names CEO Joseph Otting to additional role of executive chairman

NYCB names CEO Joseph Otting to additional role of executive chairman

June 4 (Reuters) – Regional lender New York Community Bancorp (NYCB.N), opens new tab said on Tuesday it had expanded the role of its President and CEO Joseph Otting to include the title of executive chairman.

The bank also said Alessandro DiNello will step down as the non-executive chairman, at the close of business on June 5. He will continue to serve as a director on its board and as senior adviser to the CEO.

Shares of NYCB were last up 1.2% in extended trading.

Source: REUTER

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