Westbury Bancorp, Inc. appointed Greg J. Remus Chief Executive Officer (CEO) of the Company and its subsidiary, Westbury Bank, effective October 1, 2015. Remus will succeed Ray Lipman who will be stepping down as Chief Executive Officer for the Company and the Bank. Lipman will continue to serve as Chairman of the Board for the Company and the Bank and will focus on corporate governance, strategic planning and growth opportunities.

In January 2014, Remus was named Chief Operating Officer and in January 2015, he was named President of both the company and the Bank. Remus has been an officer of the Bank since August 2009, and served in a number of positions of the Bank since that time. Prior to joining Westbury Bank, Remus had 18 years of commercial banking experience with a number of commercial banks.

The Company and Bank's strategic focus as a community commercial banking model also resulted in the Board of Directors creating three new senior management positions effective as of October 1, 2015. Kirk Emerich was named Executive Vice President - Chief Financial Officer and Investor Relations. Glenn Stadler was named Executive Vice President - Chief Commercial Lending Officer.

Peter Lee was named Executive Vice President - Chief Community Banking Officer. Emerich will be responsible for investor relations, enterprise risk management and all financial matters and will continue to serve as Chief Financial Officer. Stadler will be responsible for developing and managing business banking relationships, overall production of business lending, cash management services and commercial deposit growth.

Lee, in his expanded role, will be responsible for overall retail lending including sales production of all retail products in branch network and has retail banking experience of over 30 years.