Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt

MIDDLE ATLANTIC

Park National Corp. of Newark, Ohio, has hired Brady T. Burt as the chief accounting officer of the company and its $2 billion-asset Park National Bank.

Mr. Burt was an executive vice president and the chief financial officer of Vail Banks Inc. and its $721 million-asset WestStar Bank in Colorado. (U.S. Bancorp bought Vail Banks in September.)

Before that he had been the director of internal audit at Vail Banks.

Park National has $6.3 billion of assets and owns 10 banks.

MIDDLE ATLANTIC

State Bancorp Inc. of New Hyde Park, N.Y., has named Thomas M. O'Brien the chief executive officer of the company and its $1.8 billion-asset State Bank of Long Island.

He succeeded Thomas F. Goldrick, who resigned from those posts but will remain the company's chairman. Mr. Goldrick initially planned to leave the CEO jobs at the end of this year, and Mr. O'Brien was supposed to succeed him then.

Mr. O'Brien was hired in November as the president, chief operating officer, and CEO-designate of the company and the bank. He will keep the president jobs but drop the chief operating titles.

Before joining State Bancorp he had been the president and CEO of Atlantic Bank of New York, which New York Community Bancorp Inc. bought last year from National Bank of Greece.

Earlier he had been a vice chairman and a director of North Fork Bancorp. Inc. He joined the Melville company in 1996, when it bought North Side Savings Bank. He began his banking career at North Side in 1977 and had risen to CEO. …

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