New York Community Bancorp (NYCB) has shared an announcement.
New York Community Bancorp, Inc. has undergone a significant leadership change with the appointment of Craig Gifford as the new Chief Financial Officer and Scott Shepherd as the Head of Commercial Real Estate. Both Gifford and Shepherd are stepping into their roles with a base salary of $700,000, the potential for an equal annual cash bonus, and a substantial stock option grant. Their compensation packages align with those of other senior executives, and the company is also covering their relocation expenses to the New York City area. This strategic move is expected to bring fresh perspectives to the company’s financial and real estate operations.
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