Amalgamated Financial Corporation Welcomes Steven S. SaLoutos and Tony Wells to its Board of Directors
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Amalgamated Financial Corp. Announces Management Changes
Amalgamated Financial Corp. (Nasdaq: AMAL) (“Amalgamated” or the “Company”), today announced that Drew LaBenne, Senior Executive Vice President and Chief Financial Officer, has informed the Board of Directors of his decision to depart the Company to pursue a professional opportunity outside the banking industry.
Amalgamated Bank Becomes First Major U.S. Bank to Endorse HR 40
Amalgamated Bank (NASDAQ: AMAL), America’s socially responsible bank, announced today its endorsement of H.R. 40, calling upon the Federal Government to form a commission to study the effects of slavery and explore appropriate remedies and reparations for African Americans.
Amalgamated Financial Becomes the First Publicly Traded Financial Services Company to Incorporate as a Public Benefit Corporation
Amalgamated Financial Corp. (“Amalgamated Financial” or the “Company”) (NASDAQ:AMAL) and Amalgamated Bank (the “Bank”) today announced the consummation of a holding company reorganization, effective March 1, 2021, pursuant to which the Company became the parent bank holding company of the Bank.
Amalgamated Bank CEO Keith Mestrich Announces Plan to Step Down in Early 2021
Amalgamated Bank (Nasdaq: AMAL) (the “Company”) today announced that Keith Mestrich has informed the Board of Directors that he will step down from his positions as President and Chief Executive Officer on January 31, 2021. At that time, he will transition from a director to special advisor to the Board through July 2021. Mr. Mestrich joined Amalgamated Bank in 2012 and has served as its President and Chief Executive Officer since 2014.
