ConnectOne Bancorp Enhances Leadership with New Appointment
ENGLEWOOD CLIFFS, N.J. – ConnectOne Bancorp, Inc. (NASDAQ: CNOB), the holding company for ConnectOne Bank, has recently announced a significant enhancement to its executive team with the appointment of Robert A. Schwartz as General Counsel. Effective immediately, this appointment reflects ConnectOne's ongoing commitment to cultivating strong leadership as it embarks on new growth phases following a strategic merger.
Robert Schwartz: A Trusted Legal Expert Joins the Executive Team
With extensive experience in the banking sector, Robert Schwartz is recognized for his profound knowledge in mergers and acquisitions, securities law, and regulatory compliance. His arrival comes as ConnectOne reaches nearly $14 billion in assets, positioning the bank for continued advancement in a competitive financial landscape. Schwartz’s legal insights will be invaluable as he advises ConnectOne's Board of Directors and the executive team on navigating business and regulatory challenges.
Building on a Legacy of Trust
Schwartz is no stranger to ConnectOne, having served as a legal advisor since the organization’s formation. His instrumental role spans two decades, from facilitating the initial public offering (IPO) to guiding the bank through various strategic transactions. This continuity underscores the deep trust established between Schwartz and the company, making his transition into this new executive role a natural progression.
Chief Executive Comments on the Appointment
Frank Sorrentino III, Chairman & CEO of ConnectOne, expressed enthusiasm about Schwartz joining the executive team, stating, “His extensive background in law paired with an adept understanding of business strategy is essential for our continued success. This move signifies our dedication to building an industry-leading leadership team as we evolve.”
Schwartz’s Vision for the Future
In his new capacity, Schwartz shared his excitement about leading ConnectOne's legal strategy directly. “This opportunity to shift from a trusted advisor role to an executive within the team is a reflection of ConnectOne's ambitious vision for the future. Together, we are well-positioned to seize emerging opportunities within the dynamic banking environment,” he remarked, highlighting the importance of adaptive leadership.
Background and Expertise
Before joining ConnectOne, Schwartz was a Partner at Windels Marx, where his focus was on advising financial institutions regarding mergers, acquisitions, and regulatory matters. He holds a J.D. from Fordham Law School and a B.A. from Fordham University. Schwartz is an active member of both the New Jersey and New York Bar Associations, emphasizing his commitment to legal excellence in the financial services sector.
Understanding ConnectOne Bancorp’s Operations
ConnectOne Bancorp, Inc. operates through ConnectOne Bank and its innovative fintech subsidiary, BoeFly, Inc. The bank is dedicated to delivering tailored banking solutions primarily targeted at small to middle-market businesses. Additionally, BoeFly serves as a fintech marketplace that connects borrowers within the franchise sector to optimal funding solutions via a network of partner banks. The commitment to service excellence is evident in every interaction, affirming their capacity to adapt to evolving market demands.
Investor and Media Relations
For those interested in reaching out, William S. Burns serves as the Senior Executive VP & CFO, with his contact number at 201.816.4474. Alternately, media inquiries can be directed to Shannan Weeks at 732.299.7890. This initiative to keep the lines of communication open is part of ConnectOne’s focus on transparency and growth as it forges ahead.
Frequently Asked Questions
Who is the newly appointed General Counsel of ConnectOne Bancorp?
The new General Counsel is Robert A. Schwartz, who has been associated with the bank for many years as a legal advisor.
What is the significance of Schwartz’s appointment?
His appointment reinforces ConnectOne's commitment to strong leadership and strategic growth following a major merger.
What experience does Robert Schwartz bring to ConnectOne?
Schwartz brings extensive expertise in banking law, securities, and regulatory compliance, which will greatly benefit ConnectOne.
How will Schwartz impact ConnectOne's future?
His legal acumen will be crucial in navigating business and regulatory challenges, aiding in the bank’s growth strategy.
Where can I find more information about ConnectOne Bancorp?
More information can be found at their official website: https://www.connectonebank.com.
