BRIDGEPORT, Conn.,
Jan. 23, 2014 /PRNewswire/ -- People's United Bank, a
subsidiary of People's United Financial, Inc. (Nasdaq: PBCT),
announced today that Sara
Longobardi, Senior Vice President Customer Relationship
Development, and New York retail
market leader, will be promoted to Senior Executive Vice President
Retail Banking following the retirement on March 31 of Robert D'Amore, Senior Executive Vice
President Retail and Business Banking.
Longobardi brings to the role over 20 years of experience at
People's United, including nearly 15 years in Retail Banking. She
has held a wide range of positions at the company, joining the bank
in 1991 as Audit Supervisor. She moved to the retail banking
division in 1999 to lead the Hartford North region in Connecticut and has also led the bank's
greater New Haven market. Sara
moved in 2001 to People's Securities, Inc., a subsidiary of
People's United Bank, where she worked to broaden the bank's
investment sales program. She was named Senior Vice President,
Customer Relationship Development, in the Retail and Business
Banking division in 2004, responsible for developing, implementing
and managing the expansion and retention of profitable customer
relationships. Longobardi took on responsibility for the bank's
New York retail market last
year.
"Sara has established a strong record of profitable business
growth, effective employee development and deep retail banking
expertise," said Jack Barnes,
President and Chief Executive Officer. "We are pleased to have her
on our executive management team as we continue to build the bank
and deliver shareholder value," he said.
D'Amore is a 33-year veteran of People's United, who began as a
management trainee. He advanced through a broad array of roles,
including branch management, training and development, mortgages
and leadership of the bank's Hartford Region. He was promoted in
2000 to head retail banking. He is known and recognized for his
civic engagement as a former board member of The Bushnell
performing arts center in Hartford, the Greater Hartford Metro-Alliance,
the University of Connecticut
Foundation Board and the Foundation of Catholic Schools –
Archdiocese of Hartford. He has
also served as Chair of the Milford (CT) Police Commission, elected member
of the Milford Board of Alderman
and member of the Milford Zoning Board of Appeals.
"Bob had been an extremely successful leader in the bank's
evolution, working with his team to cultivate a culture focused on
our customers, employees and communities," Barnes said. "He also
has played a central role in building the bank's brand through
relationships with strong and respected partners across our
footprint as it has grown. We thank him for his tireless commitment
to the bank and wish him all the best in his retirement."
About People's United Bank
People's United Bank is a subsidiary of People's United Financial,
Inc., a diversified financial services company with $33 billion in assets. People's United Bank,
founded in 1842, is a premier, community-based, regional bank in
the Northeast offering commercial and retail banking, as well as
wealth management services through a network of 410 retail
locations in Connecticut,
New York, Massachusetts, Vermont, New
Hampshire and Maine.
Through its subsidiaries, People's United Financial provides
equipment financing, brokerage and insurance services. Assets
managed and administered, which are not reported as assets of
People's United Financial, totaled $16.0
billion at December 31,
2013.
SOURCE People's United Financial