Northfield Bancorp CEO John Alexander hands over to Steve Klein

  • After 19 years on the job
  • Accolades and praise for Alexander
  • Alexander will remain as Chairman at Northfield Bancorp
  • Alexander spoke at length and said 85 words

(exechange) — Woodbridge, New Jersey, June 28, 2017 — John Alexander, chief executive of Northfield Bancorp, hands over the reins. As announced by Northfield Bancorp, Inc. in a news release and in a regulatory filing published on Wednesday, June 28, 2017, John W. Alexander leaves the post as Chief Executive Officer at the holding company for Northfield Bank after 19 years on the job, effective October 31, 2017.

Alexander’s duties are taken over by Steve Klein, currently Chief Operating Officer at Northfield Bancorp, Inc.

“To ensure a seamless transition of responsibilities”

The management change is explained as follows. John P. Connors, Jr., Lead Independent Director, said: “The Board of Directors has prioritized succession planning to ensure a seamless transition of responsibilities.”

Alexander will remain as Chairman at Northfield Bancorp

“Alexander, 67, will continue his service as Chairman of the Board of Directors of the Company,” Northfield Bancorp said.

“Retire”

Northfield Bancorp said: “John W. Alexander, Chairman and Chief Executive Officer, has advised the Company’s Board of Directors that he intends to retire as Chief Executive Officer of the Company effective October 31, 2017.”

Share price rise since February 2009

The change follows a rise in the share price of Northfield Bancorp, Inc. since February 2009.

On the job as CEO since 1998

Alexander joined Northfield Bank in 1997, and has served as Chairman of the Board and Chief Executive Officer since 1998 and Chairman of the Board of Northfield-Federal since 2002.

Alexander is a former tax partner with a national accounting and auditing firm, specializing in bank taxation and asset securitization.

Alexander resides in Staten Island, New York, and is involved in state and national professional organizations including the New York Bankers Association, where he serves as a director, the New Jersey Bankers Association, the American Bankers Association and the American Institute of Certified Public Accountants.

He is also a member of many community organizations including Staten Island University Hospital, the Staten Island Economic Development Corporation and the Northfield Bank Foundation.

Read the full story in the exechange report 27.2017 ($).