Clifton Bancorp in Clifton, N.J., said Friday that it has hired the former chief executive of a nearby rival as chief operating officer.
Michael Lesler joined the $1.2-billion asset Clifton Savings Bank on April 1, the company said. Clifton Savings is the bank subsidiary of Clifton Bancorp.
Lesler, a lifelong Clifton resident, had been CEO of the $803 million-asset Bancorp of New Jersey in Fort Lee since 2013. He
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Michael Lesler resigned as CEO and president of the $803 million-asset company, it said Thursday.
March 3 -
Thomas O'Brien made good on a 2015 promise to turn a profit in every quarter. This year, his goal is to stay profitable to earn back a deferred-tax asset that should meaningfully increase the New Jersey company's valuation.
January 4 -
Clifton Savings Bancorp (CSBK) in Clifton, N.J., received orders for more than $170 million of common stock in a subscription offering tied to its second-step conversion.
March 19
Lesler replaced Bart D'Ambra as chief operating officer at Clifton Savings. D'Ambra will remain with the bank until his retirement on Dec. 31. D'Ambra has worked at Clifton Savings, also known as CSBK, for 23 years.
Gerald Calabrese, Bancorp of New Jersey's chairman, has been its interim CEO since Lesler left.