Anthony E. Burke Joins the Boards of Directors of Sterling Bancorp and Sterling National Bank.Sterling Bancorp and its principal banking subsidiary, Sterling National Bank, today announced the appointment of Anthony E. Burke to their Boards of Directors, bringing the total number of directors to 10.
Mr. Burke, 57, brings over 30 years of diverse financial services experience to Sterling's Boards. He currently serves as Director and Treasurer for Richmond County Savings Foundation and Director for Peter B. Cannell & Co. Previously he held various senior-level executive positions, including President, Chief Operating Officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Director, at New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Community Bancorp, New York Community Bank
New York Community Bank is the banking division of the publicly traded company New York Community Bancorp. and Richmond County Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. . Mr. Burke started his career, and became a Partner, in Ernst & Young's Financial Services Practice.
"We are pleased to welcome Anthony to Sterling's Boards of Directors," said Louis J. Cappelli, Chairman and Chief Executive Officer. "His extensive experience, proven track record and reputation in the banking and financial services industries will be invaluable as we continue to strategically grow our product portfolios and expand our geographic reach."
Mr. Burke is a certified public accountant Certified Public Accountant (CPA)
An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and holds a BS in Economics from St. John's University and an MBA in Accounting and Finance from Columbia University's Graduate School of Business. He currently serves on the Board of Directors of numerous charitable organizations.
About Sterling Bancorp
Sterling Bancorp is a financial holding company with assets of $1.7 billion, offering a broad array of banking and financial services products. Its principal banking subsidiary is Sterling National Bank, founded in 1929. Sterling provides a wide range of products and services, including business and consumer loans, commercial and residential mortgage lending and brokerage, asset-based financing, factoring, trade financing, equipment leasing, corporate and consumer deposit services, trust and estate administration, and investment management services. The Company has operations in New York, New Jersey, Virginia and North Carolina and conducts business throughout the U.S.
This press release may contain statements including but not limited to, statements concerning future results of operations or financial position, borrowing capacity and future liquidity, future investment results, future credit exposure, future loan losses and plans and objectives for future operations, and other statements contained herein regarding matters that are not historical facts and that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are not historical facts but instead are subject to numerous assumptions, risks and uncertainties, and represent only the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of its control. Any forward-looking statements the Company may make speak only as of the date on which such statements are made. It is possible that the Company's actual results and financial position may differ, possibly materially, from the anticipated results and financial condition indicated in or implied by these forward-looking statements. For a discussion of some of the risks and important factors that could affect the Company's future results, see "Business -- Cautionary Statement Regarding Forward-looking Statements" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2003.
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