Provident Financial appoints Anthony Labozzetta as President and CEO; Christopher Martin becomes Executive Chairman

PROVIDENT FINANCIAL SERVICES INC

Anthony Labozzetta named President and CEO of Provident Financial and Provident Bank effective Jan 1, 2022, succeeding Chris Martin.
Christopher Martin becomes Executive Chairman with a two-year term through Dec 31, 2023; base salary of no less than $450,000.
Martin's severance includes lump sum of base salary for remaining term plus insurance; change-in-control agreement provides 3x average annual compensation.
Labozzetta previously served as President and COO, joining Provident via the SB One Bancorp acquisition in July 2020.

item 5.02 item 9.01

Executive movements

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Role change

Christopher Martin

Executive Chairman

PFS · PROVIDENT FINANCIAL SERVICES INC

Effective: 2022-01-01
Filed: January 6, 2022, 6:59 PM ET

Christopher Martin, age 65, who currently serves as Chief Executive Officer of Provident Financial and the Bank, has been appointed Executive Chairman of Provident Financial and the Bank.

Role change

Anthony Labozzetta

President and Chief Executive Officer

PFS · PROVIDENT FINANCIAL SERVICES INC

Effective: 2022-01-01
Filed: January 6, 2022, 6:59 PM ET

Anthony Labozzetta, who currently serves as President and Chief Operating Officer of Provident Financial Services, Inc. (“Provident Financial”) and its wholly owned subsidiary, Provident Bank (the “Bank”), has been appointed to serve as President and Chief Executive Officer of Provident Financial and the Bank.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Martin was appointed as Executive Chairman at PROVIDENT FINANCIAL SERVICES INC.

Action: appointed
Role: Executive Chairman

Exact text from the filing

Christopher Martin, age 65, who currently serves as Chief Executive Officer of Provident Financial and the Bank, has been appointed Executive Chairman of Provident Financial and the Bank.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Labozzetta was appointed as President and Chief Executive Officer at PROVIDENT FINANCIAL SERVICES INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Anthony Labozzetta, who currently serves as President and Chief Operating Officer of Provident Financial Services, Inc. (“Provident Financial”) and its wholly owned subsidiary, Provident Bank (the “Bank”), has been appointed to serve as President and Chief Executive Officer of Provident Financial and the Bank.

View on SEC.gov

PROVIDENT FINANCIAL SERVICES INC filing history →

Source: SEC EDGAR

accession 0000943374-22-000008

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