The estimated Net Worth of Lawrence J. Savarese is at least $513 mil dollars as of 14 June 2021. Mr. Savarese owns over 17,700 units of New York Community Bancorp stock worth over $178,000 and over the last 12 years he sold NYCB stock worth over $0. In addition, he makes $335,400 as Independent Director at New York Community Bancorp.
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Mr. Savarese NYCB stock SEC Form 4 insiders trading
Lawrence has made over 4 trades of the New York Community Bancorp stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 17,700 units of NYCB stock worth $207,267 on 14 June 2021.
The largest trade he's ever made was buying 17,700 units of New York Community Bancorp stock on 14 June 2021 worth over $207,267. On average, Lawrence trades about 1,807 units every 149 days since 2013. As of 14 June 2021 he still owns at least 17,800 units of New York Community Bancorp stock.
You can see the complete history of Mr. Savarese stock trades at the bottom of the page.
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Lawrence Savarese biography
Lawrence J. Savarese serves as Independent Director of the Company. Mr. Savarese has been a member of the Boards of Directors of the Company, the Community Bank, and the former Commercial Bank since March 4, 2013. From 1978 through 2012, Mr. Savarese was with the independent public accounting firm KPMG LLP. For 19 years, he was an Audit Partner in KPMG’s Financial Services Practice, serving as partner in charge of audits of both community banks (including the Company and the Community Bank) and international banks with branches and agencies in the United States. During this time, Mr. Savarese served as KPMG’s representative to the New York Bankers Association and The Institute of International Bankers. From 2008 to 2012, Mr. Savarese served as Audit Partner, Risk Management, for KPMG’s Advisory Practice, where he managed risk at KPMG and developed and applied complex risk management objectives; risk management policies for model development; advisory service protocols in connection with certain requirements of the Public Company Accounting Oversight Board; policies for internal controls over financial reporting services provided to non-audit clients; and reviewed engagement letters and management risk performance. Prior to his retirement in 2012, Mr. Savarese was an Audit Partner in KPMG’s Global Services Centre, where he designed and developed the standardized approach for auditing banks now used by the firm’s Global Bank Practice. With his extensive experience in accounting principles, financial reporting rules and regulations, commercial banking, risk management, and corporate finance, Mr. Savarese brings valuable insight to both the Board and to his role as Chairman of the Audit Committee of the Board and as a member of the Board’s Risk Assessment Committee in overseeing a wide range of banking and financial reporting matters, and furthers the Board’s objectives of maintaining a membership of experienced and dedicated individuals with diverse backgrounds, perspectives, skills, and other
What is the salary of Lawrence Savarese?
As the Independent Director of New York Community Bancorp, the total compensation of Lawrence Savarese at New York Community Bancorp is $335,400. There are 11 executives at New York Community Bancorp getting paid more, with Joseph Ficalora having the highest compensation of $7,625,060.
How old is Lawrence Savarese?
Lawrence Savarese is 63, he's been the Independent Director of New York Community Bancorp since 2013. There are 11 older and 6 younger executives at New York Community Bancorp. The oldest executive at New York Community Bancorp Inc. is Dominick Ciampa, 86, who is the Independent Chairman of the Board.
What's Lawrence Savarese's mailing address?
Lawrence's mailing address filed with the SEC is 102, Duffy Avenue, Hicksville, Town of Oyster Bay, Nassau County, New York, 11801, United States.
Insiders trading at New York Community Bancorp
Over the last 12 years, insiders at New York Community Bancorp have traded over $12,539,690 worth of New York Community Bancorp stock and bought 270,590 units worth $3,530,304 . The most active insiders traders include Peter Schoels, Max L Kupferberg, eRonald A. Rosenfeld. On average, New York Community Bancorp executives and independent directors trade stock every 100 days with the average trade being worth of $330,130. The most recent stock trade was executed by Ronald A. Rosenfeld on 19 December 2022, trading 138,199 units of NYCB stock currently worth $1,207,859.
What does New York Community Bancorp do?
new york community bancorp, inc. (nyse: nycb) is one of the 25 largest bank holding companies in the nation, with assets of over $48 billion and a market cap of over $7 billion. with 270+ branches in metro new york, new jersey, florida, arizona, and ohio, we also rank among the 25 largest depositories in the united states. our mission, to excel in all we do for all we serve, applies across the board to our customers, the communities we are a part of, our employees and shareholders. nycb operates its branches through two banks (new york community bank - member fdic and new york commercial bank - member fdic) with eight local divisions, reflecting our growth through acquisition strategy. each is part of the nycb family of banks. • queens county savings bank • roslyn savings bank • richmond county savings bank • roosevelt savings bank • garden state community bank • amtrust bank • ohio savings bank • atlantic bank in addition to our retail bank operations, we are the leadin
What does New York Community Bancorp's logo look like?
Complete history of Mr. Savarese stock trades at New York Community Bancorp
New York Community Bancorp executives and stock owners
New York Community Bancorp executives and other stock owners filed with the SEC include:
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Joseph Ficalora,
President, Chief Executive Officer, Director; Chief Executive Officer of the Community Bank -
Robert Wann,
Chief Operating Officer, Senior Executive Vice President, Director of the Company and Community Bank -
Thomas Cangemi,
Chief Financial Officer, Senior Executive Vice President of the Company and the Community Bank -
Robert Wann,
Sr. EVP, COO & Director -
John Pinto,
Chief Accounting Officer, Executive Vice President of the Company and the Community Bank -
Thomas Robert Cangemi CPA,
Pres, CEO & Chairman -
John T. Adams,
Sr. Exec. VP & Chief Lending Officer -
John J. Pinto CPA,
Sr. EVP & CFO -
Dominick Ciampa,
Independent Chairman of the Board -
Michael Levine,
Independent Director -
James O'Donovan,
Independent Director -
Lawrence Savarese,
Independent Director -
Hanif Dahya,
Independent Director -
Lawrence Rosano,
Independent Director -
John Tsimbinos,
Independent Director -
Leslie Dunn,
Independent Director -
Ronald Rosenfeld,
Independent Director -
Julie Signorille-Browne,
Exec. VP & Chief Admin. Officer -
Andrew Kaplan,
Director of Retail Products & Services and Exec. VP -
Frank Esposito,
Director of Loan Admin. & Exec. VP -
Anthony E. Donatelli,
Director of Capital Planning & Stress Testing and Exec. VP -
Eric S. Kracov,
Chief HR Officer & Exec. VP -
R. Patrick Quinn Esq., J.D.,
Exec. VP, Gen. Counsel & Corp. Sec. -
Salvatore J. DiMartino,
Sr. MD and Director of Investor Relations & Strategic Planning -
Robert D. Brown,
Chief Information Officer & Exec. VP -
Maureen E Clancy,
Director -
James J Carpenter,
Director -
Alessandro Di Nello,
See Remarks -
Toan Huynh,
Director -
Peter Schoels,
Director -
Reginald E Davis,
SEVP & President of Banking -
Lee Matthew Smith,
SEVP & President of Mortgage -
Jennifer R Whip,
Director -
David L Treadwell,
Director -
77 Capital L.P.Liberty Stra...,
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Max L Kupferberg,
Director -
Spiros J Voutsinas,
Pres. Atlantic Bank Division -
William C Md Frederick,
Director -
R Patrick Quinn,
SEVP, GC & Corp. Secretary -
Nicholas Christopher Munson,
EVP & Chief Risk Officer -
John Thomas Adams,
SEVP Dir. Multi-Family Lending -
Marshall Lux,
Director