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LOUIS J. CAPPELLI ELECTED CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER OF STERLING BANCORP AND CHAIRMAN OF THE BOARD OF STERLING NATIONAL BANK

LOUIS J. CAPPELLI ELECTED CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER OF STERLING BANCORP AND CHAIRMAN OF THE BOARD OF STERLING NATIONAL BANK
 NEW YORK, June 2 /PRNewswire/ -- Sterling Bancorp (NYSE: STL) announced today that Louis J. Cappelli had been elected chairman of the board and chief executive officer of Sterling Bancorp and chairman of the board of Sterling National Bank & Trust Company of New York, its principal subsidiary. He succeeds Theordore H. Silbert, who died May 25, 1992 and who had been chairman for many decades. Cappelli, 61, who continues as president of Sterling Bancorp, has been with Sterling Bancorp and its predecessors for 43 years, achieving successively more responsible positions. He is married to the former Virginia Delger, has five children and lives in Bronxville, N.Y.
 -0- 6/2/92
 /CONTACT: Jerrold Gilbert of Sterling Bancorp, 212-826-8000/
 (STL) CO: Sterling Bancorp ST: New York IN: FIN SU: PER


SH-SB -- NY049 -- 6278 06/02/92 14:31 EDT
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Publication:PR Newswire
Date:Jun 2, 1992
Words:160
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