Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)-(c) On January 27, 2020, Sterling Bancorp, a Delaware corporation (the
"Company"), and its wholly-owned subsidiary, Sterling National Bank, a national
banking association, (the "Bank") announced the promotion of Luis Massiani to
President of the Bank effective as of January 27, 2020, having responsibility
over all finance, bank operations and consumer banking functions. Mr. Massiani
will continue to serve as the Chief Financial Officer of both the Company and
the Bank.
This promotion recognizes the dedication and leadership Mr. Massiani, age 42,
has demonstrated since joining the organization as Senior Executive Vice
President in October 2014 and Chief Financial Officer since December 2012.
Jack Kopnisky, although no longer the President of the Bank effective as of
January 27, 2020, remains the President and Chief Executive Officer of the
Company and the Chief Executive Officer of the Bank, having served the
organization in these capacities since 2011.
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Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. Description
99.1 Press Release of Sterling Bancorp, dated January 27, 2020
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