Management ChangeJul 20, 2026, 04:02 PM
Hanover Bancorp Appoints Kevin O'Connor as President
AI Summary
Hanover Bancorp, Inc. announced the appointment of Kevin O'Connor as President of both the Company and Hanover Community Bank, effective July 27, 2026. Mr. O'Connor brings over 35 years of banking experience, having previously served as Long Island Market President at Valley Bank and CEO of Dime Community Bank and Bridgehampton National Bank. His compensation package includes an annual base salary, incentive compensation, and an initial restricted stock award of 10,000 shares vesting over five years, aimed at driving expansion and regional growth.
Key Highlights
- Kevin O'Connor appointed President of Hanover Bancorp and Hanover Community Bank.
- Appointment is effective July 27, 2026.
- Mr. O'Connor previously served as Long Island Market President at Valley Bank.
- He was CEO of Dime Community Bank and Bridgehampton National Bank.
- Compensation includes annual base salary and incentive compensation.
- He will receive an initial restricted stock award of 10,000 shares.
- The restricted stock award will vest over a five-year period.
Price Impact
More from HNVR