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New York Community Bancorp (NYCB) has issued an announcement.
Thomas R. Cangemi has stepped down as President and CEO of New York Community Bancorp, Inc. and Flagstar Bank, with no disagreements cited concerning company operations. His departure was met with immediate effect, and he remains on both the company’s and the bank’s Board of Directors. Following this, the boards appointed Alessandro DiNello as the new President and CEO, effective February 29, 2024, with his compensation to be determined at a later date. Concurrently, Director Hanif Dahya resigned in opposition to DiNello’s appointment, while Marshall Lux took over as Presiding Director and Chair of the Nominating and Corporate Governance Committees.
For a thorough assessment of NYCB stock, go to TipRanks’ Stock Analysis page.
