DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02.

Appointment of Principal Financial Officer
On April 27, 2017, the Boards of both the Registrant and its
wholly owned subsidiary, Dime Community Bank (the bank) appointed
James L. Rizzo, currently Senior Vice President and Comptroller
of both entities, as the Principal Financial Officer of both the
Registrant and the bank effective July 31, 2017. Mr. Rizzo, age
54, was named Comptroller of the Registrant and the bank in 1999,
and Senior Vice President of the Registrant and the Bank in 2011.
In this role, Mr. Rizzo oversees the finance and accounting
activities of both entities. Mr. Rizzo joined the bank in 1986,
and served various positions in the accounting department prior
to appointment as Comptroller.
A copy of the news release announcing Mr. Rizzos appointment as
Principal Financial Officer is included as Exhibit 99.1 to this
report.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
99.1
Press release of the Registrant, dated April 27, 2017,
announcing the appointment of James L. Rizzo as Principal
Financial Officer.


About DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM)

Dime Community Bancshares, Inc. operates as a holding company for The Dime Savings Bank of Williamsburgh (the Bank), a chartered savings bank. The Company is a unitary savings and loan holding company. The Company operates through Community Banking segment. The Bank’s principal business is gathering retail deposits, and lending them primarily in multifamily residential, commercial real estate and mixed use loans, as well as investing in mortgage-backed securities (MBS), obligations of the United States Government and Government Sponsored Entities (GSEs), and corporate debt and equity securities. The Bank’s primary sources of funds are, in general, deposits; loan amortization, prepayments and maturities; MBS amortization, prepayments and maturities; investment securities maturities and sales, and advances from the Federal Home Loan Bank of New York (FHLBNY).

DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Recent Trading Information

DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) closed its last trading session down -0.75 at 19.45 with 205,641 shares trading hands.