Blue Foundry Bancorp Management

How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Jim Nesci (50 yo)





Mr. James D. Nesci, also known as Jim, serves as Chief Executive Officer at Blue Foundry Bank since June 01, 2018 and has been its President since 2018. He is Chief Executive Officer at Blue Foundry Bancor...

CEO Compensation Analysis

How has Jim Nesci's remuneration changed compared to Blue Foundry Bancorp's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a


Jun 30 2022n/an/a


Mar 31 2022n/an/a


Dec 31 2021US$1mUS$700k


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021n/an/a


Dec 31 2020US$852kUS$697k


Compensation vs Market: Jim's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD2.69M).

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.

Leadership Team

James Nesci
$ 584.5k
Elizabeth Miller
Executive VP & Chief Retail Officer4.08yrsUS$419.10k0.095%
$ 340.3k
Kelly Pecoraro
Executive VP & CFO0.50yrno data0.018%
$ 64.0k
Alex Malkiman
Executive VP & Chief Technology Officer0.67yrno datano data
Elyse Beidner
Executive VP & Chief Legal Officer18.83yrsno data0.080%
$ 285.2k
Acela Roselle
Executive VP & Human Resources Director23.83yrsno data0.080%
$ 285.2k
Thomas Packwood
Senior VP & Chief Audit Executive11.83yrsno data0.025%
$ 91.0k
Alex Agnoletto
VP & Controller1.67yrsno data0.0042%
$ 15.0k
Jason Goldberg
Executive VP & Chief Lending Officer1.17yrsno datano data


Average Tenure


Average Age

Experienced Management: BLFY's management team is considered experienced (4.1 years average tenure).

Board Members

James Nesci
$ 584.5k
Kenneth Grimbilas
Independent Chairman of the Board25.83yrsUS$99.56k0.36%
$ 1.3m
James Ely
Independent Vice Chairman of the Board25.83yrsUS$81.00k0.24%
$ 872.3k
Margaret Letsche
Independent Director7.83yrsUS$75.00k0.23%
$ 834.3k
Jonathan Shaw
Independent Director12.83yrsUS$75.50k0.25%
$ 875.0k
Patrick Kinzler
Independent Director10.83yrsUS$75.00k0.29%
$ 1.1m
Robert Goldstein
Independent Director7.83yrsUS$72.00k0.28%
$ 1.0m
Mirella Lang
Independent Director1.92yrsUS$71.75k0.17%
$ 621.4k


Average Tenure


Average Age

Experienced Board: BLFY's board of directors are considered experienced (9.3 years average tenure).