Dime Community Bancshares Adds Kathleen M. Nelson and Robert C. Golden to Its Board Of Directors
March 17 2011 - 2:00PM
Marketwired
Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company"), the
parent company of The Dime Savings Bank of Williamsburgh ("Dime"),
announced today the addition of Kathleen M. Nelson and Robert C.
Golden to its Board of Directors. Ms. Nelson and Mr. Golden were
additionally added to the Board of Directors of Dime.
Kathleen Nelson currently serves as managing principal of Bay
Hollow Associates, a commercial real estate advisory firm that she
co-founded in 2009, as well as President of KMN Associates, LLC, a
commercial real estate consulting firm which she founded, and that
provides consulting service to mixed-use and commercial retail real
estate developers or owners. Ms. Nelson retired as Managing
Director and Group leader of the mortgage and real estate division
of TIAA-CREF in December, 2004, after a career exceeding 30 years
in its commercial real estate investment division.
Ms. Nelson also currently serves on the Board of Directors of
CBL & Associates Properties, Inc., a publicly traded Real
Estate Investment Trust focused on shopping center properties, as
well as Apartment Investment and Management Co., a publicly traded
owner and manager of rental apartments. Ms. Nelson also serves
currently as a trustee of the International Council of Shopping
Centers ("ICSC"), where she chairs the Audit Committee and serves
on the Nominating Committee, Investment and Employee Retirement
Committee and the Architectural & Design Award Committee. She
also serves as treasurer and a Director of ICSC's charitable
foundation. She is also a member of the advisory board of Castagna
Realty Company, the Beverly Willis Architecture Foundation and the
Anglo American Real Property Institute, and has served as a member
of the Urban Land Institute, the Real Estate Board of New York, the
Mortgage Bankers Association, the New York City Investment
Fund-Retail Sector Group, as well as a board member of the Greater
Jamaica, New York Development Corporation. Ms. Nelson has also been
an honoree of the YWCA Academy of Women Achievers.
Ms. Nelson holds a Bachelor of Science degree in real estate
from Indiana University, and is a graduate of both the University
of Chicago Executive management program and the Aspen Institute
Leadership Seminar.
Robert Golden is currently retired, after having served from
1997 to 2010 as Executive Vice President of Corporate Operations
and Systems at Prudential Financial, Inc. (previously Prudential
Insurance Company of America), where he managed operations,
technology infrastructure and communications and Administrative
services for all of Prudential Financial Inc.'s subsidiary
companies. From 1976 through 1997, Mr. Golden served in several
capacities at Prudential Securities, Inc., formerly a wholly-owned
subsidiary of Prudential Insurance Company of America until
majority ownership was sold in 2003, ending his tenure at
Prudential Securities as Chief Administrative Officer in charge of
operations, technology, systems infrastructure, communications,
human resources, administrative services and real estate.
Mr. Golden is a licensed member of Financial Industry Regulatory
Authority as a General Securities Representative, as well as in the
specialties of Financial and Operations Principal and Uniform
Securities Agent State Law Examination.
Vincent F. Palagiano, Chairman of the Board and Chief Executive
Officer of both Dime and the Company, stated, "We are very pleased
and excited to add Ms. Nelson and Mr. Golden to our Board. Both
will bring significant knowledge and experience related to our
Company and its business along with extensive resumes of community
service involvement."
ABOUT DIME COMMUNITY BANCSHARES The
Company (NASDAQ: DCOM) had $4.04 billion in consolidated assets as
of December 31, 2010, and is the parent company of Dime. Dime was
founded in 1864, is headquartered in Brooklyn, New York, and
currently has twenty-five branches located throughout Brooklyn,
Queens, the Bronx and Nassau County, New York. More information on
the Company and Dime can be found on the Dime's Internet website at
www.dime.com.
Contact: Kenneth Ceonzo Director of Investor Relations
718-782-6200 extension 8279
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