The First of Long Island Corporation Announces the Election of John J. Desmond to the Board of Directors
September 22 2016 - 2:15PM
The First of Long Island Corporation (Nasdaq:FLIC), the parent
company of The First National Bank of Long Island, announced that
on September 20, 2016, John J. Desmond was elected to the Board of
Directors of the Corporation and the Bank. Mr. Desmond’s
service on both boards is effective October 1, 2016.
Mr. Desmond has over 40 years of experience in
the public accounting industry including as the Partner-in-Charge
of the Long Island office of Grant Thornton LLP from 1988 through
his retirement from the firm in 2015. He served as the lead
audit partner for many public and privately-held clients and has
expertise in initial public offerings, mergers and acquisitions,
debt and equity financing, internal controls over financial
reporting and strategic planning. Mr. Desmond was elected by
the U.S. Partners of Grant Thornton LLP to be a Partnership Board
Member. The Board was responsible for oversight of many of
the firm’s activities including strategic planning, the performance
of the senior leadership team and financial performance. Mr.
Desmond also serves or has served as a board member of a number of
not-for-profit entities.
Mr. Desmond is a graduate of St. John’s
University with a B.S. in Accounting, and is a Certified Public
Accountant in the State of New York.
Walter C. Teagle III, Chairman of the Board of
Directors, speaking on behalf of the company said: “We are very
fortunate to have an individual with the accounting and financial
expertise of John Desmond join our Board of Directors. As a
growing company on Long Island, John’s business contacts in our
local market will be an added benefit to The First National Bank of
Long Island.”
For More Information Contact:
Mark D. Curtis, SEVP, CFO and Treasurer
(516) 671-4900, Ext. 7413
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