Dime Community Bank Announces the Appointment of Chief Technology Officer
February 12 2019 - 3:27PM
Kenneth J. Mahon, President and Chief Executive Officer of Dime
Community Bancshares, Inc. (the “Company”) (NASDAQ: DCOM), the
parent company of Dime Community Bank (the “bank” or “Dime”), is
pleased to announce the appointment of Michael J. Fegan as Chief
Technology Officer of the organization.
Mr. Mahon noted, “As Dime continues to enhance its commercial
bank platform, aligning the benefits of our technology to the goals
of our commercial banking and retail banking business objectives is
a significant and continued focus.” Mr. Mahon further stated,
“We believe Michael is the right person to drive our technology
efforts forward, improving the usability of our existing solutions
and investing in new solutions, which will help support our growing
commercial banking business."
Prior to joining Dime, Mr. Fegan served as the Chief
Information and Operations Officer of Investors Bank, where
he directed the Information Technology, Client Care, PMO,
Deposit Services, Cash Management and Loan Servicing
functions. Prior to his experience at Investors Bank, Mr.
Fegan acted as Chief Operations and Technology Officer at Bank
Leumi and the Chief Information Officer for Suffolk County National
Bank. In addition to his professional responsibilities,
Mr. Fegan actively supports Plan International and the Nature
Conservancy. Through Plan International, he provides resources to
impoverished children, who live in foreign countries.
Mr. Fegan is a graduate of Northwestern University.
ABOUT DIME COMMUNITY BANCSHARES,
INC.
The Company had $6.32 billion in consolidated
assets as of December 31, 2018 and is the parent company of the
Bank. The Bank was founded in 1864, is headquartered in Brooklyn,
New York, and currently has twenty-nine branches located throughout
Brooklyn, Queens, the Bronx, and Nassau County and Suffolk
Counties, New York. More information on the Company and the bank
can be found on Dime's website at www.dime.com.
Contact: Avinash Reddy Executive Vice President – Chief
Financial Officer 718-782-6200 extension 5909
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