Dime Community Bancshares Management

Management criteria checks 3/4

Dime Community Bancshares' CEO is Stu Lubow, appointed in May 2020, has a tenure of 4.5 years. total yearly compensation is $4.52M, comprised of 19.9% salary and 80.1% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $8.79M. The average tenure of the management team and the board of directors is 4.5 years and 9.5 years respectively.

Key information

Stu Lubow

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage	19.9%
CEO tenure	4.5yrs
CEO ownership	0.6%
Management average tenure	4.5yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stu Lubow's remuneration changed compared to Dime Community Bancshares's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$58m
Jun 30 2024	n/a	n/a	US$59m
Mar 31 2024	n/a	n/a	US$68m
Dec 31 2023	US$5m	US$901k	US$88m
Sep 30 2023	n/a	n/a	US$111m
Jun 30 2023	n/a	n/a	US$135m
Mar 31 2023	n/a	n/a	US$146m
Dec 31 2022	US$3m	US$700k	US$144m
Sep 30 2022	n/a	n/a	US$139m
Jun 30 2022	n/a	n/a	US$138m
Mar 31 2022	n/a	n/a	US$151m
Dec 31 2021	US$5m	US$633k	US$95m
Sep 30 2021	n/a	n/a	US$66m
Jun 30 2021	n/a	n/a	US$44m
Mar 31 2021	n/a	n/a	US$6m
Dec 31 2020	n/a	n/a	US$37m
Sep 30 2020	n/a	n/a	US$41m
Jun 30 2020	n/a	n/a	US$32m
Mar 31 2020	n/a	n/a	US$33m
Dec 31 2019	US$1m	US$475k	US$36m
Sep 30 2019	n/a	n/a	US$41m
Jun 30 2019	n/a	n/a	US$49m
Mar 31 2019	n/a	n/a	US$48m
Dec 31 2018	US$956k	US$475k	US$51m
Sep 30 2018	n/a	n/a	US$54m
Jun 30 2018	n/a	n/a	US$56m
Mar 31 2018	n/a	n/a	US$55m
Dec 31 2017	US$879k	US$447k	US$52m

Compensation vs Market: Stu's total compensation ($USD4.52M) is about average for companies of similar size in the US market ($USD5.42M).

Compensation vs Earnings: Stu's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Stu Lubow (66 yo)

4.5yrs

Tenure

US$4,522,226

Compensation

Mr. Stuart H. Lubow, also known as Stu, serves as President and Chief Executive Officer at Dime Community Bank and also serves as its Director since 2023. He serves as President and Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Mahon	Executive Chairman	22.8yrs	US$190.00k	0.64% $ 10.0m
Stuart Lubow	CEO, President & Director	4.5yrs	US$4.52m	0.56% $ 8.8m
Avinash Reddy	Senior EVP	5.8yrs	US$1.13m	0.11% $ 1.6m
Michael Fegan	Senior EVP and Chief Technology & Operations Officer	5.8yrs	US$1.02m	0.051% $ 795.3k
Conrad Gunther	Senior EVP & Chief Lending Officer	no data	US$1.03m	0.16% $ 2.6m
Judy Wu	Executive VP	less than a year	no data	0.0057% $ 89.1k
Mario Caracappa	Executive VP and Director of Treasury Management of Sales & Service	no data	no data	no data
Steven Miley	Executive VP & Chief Marketing Officer	no data	no data	no data
Austin Stonitsch	Executive VP & Chief Human Resources Officer	no data	no data	no data
Nancy Tomich	Executive VP & Senior Group Leader	no data	no data	no data
Michael Perez	Executive VP & Chief Retail Officer	no data	no data	no data
Christopher Porzelt	Executive VP & Chief Risk Officer	no data	no data	0.031% $ 485.9k

4.5yrs

Average Tenure

62yo

Average Age

Experienced Management: DCOM.P's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Mahon	Executive Chairman	22.8yrs	US$190.00k	0.64% $ 10.0m
Stuart Lubow	CEO, President & Director	1.8yrs	US$4.52m	0.56% $ 8.8m
Michael Devine	Independent Vice Chairman of the Board	29.8yrs	US$130.00k	1.02% $ 16.0m
Kevin Stein	Independent Director	6.9yrs	US$155.00k	0.062% $ 977.0k
Raymond Nielsen	Independent Director	11.8yrs	US$130.00k	0.098% $ 1.5m
Albert McCoy	Independent Director	16.8yrs	US$130.00k	0.47% $ 7.4m
Dennis Suskind	Lead Independent Director	22.8yrs	US$153.53k	0.21% $ 3.3m
Joseph Perry	Independent Director	19.2yrs	US$155.00k	0.12% $ 1.9m
Matthew Lindenbaum	Independent Director	6.5yrs	US$130.00k	0.72% $ 11.2m
Rosemarie Chen	Independent Director	7.2yrs	US$155.00k	0.064% $ 1.0m
Paul Aguggia	Independent Director	2.2yrs	US$130.00k	0.025% $ 388.9k
Judith Germano	Independent Director	1.2yrs	US$53.08k	0.0084% $ 132.1k

9.5yrs

Average Tenure

61.5yo

Average Age

Experienced Board: DCOM.P's board of directors are considered experienced (9.5 years average tenure).

Dime Community Bancshares Management

Management criteria checks 3/4

Key information

Recent management updates

Dime Community Bancshares, Inc. Appoints John Murphy as Head for Its Non-Profit Vertical

Dime Community Bancshares, Inc. Hires Judy Wu as Executive Vice President, General Counsel and Corporate Secretary

Dime Community Bancshares, Inc., Annual General Meeting, May 23, 2024

Dime Community Bancshares, Inc. Announces Director Appointments for National Deposits Group

Dime Community Bancshares, Inc. Appoints Judith H. Germano to Its Board of Directors and Credit Risk, Enterprise Risk, and Strategic Planning Committees, Effective as of September 28, 2023

Dime Community Bancshares, Inc. Appoints Daniel Shaya Csillag as Group Head of Healthcare Vertical

Recent updates

Dime Community Bancshares, Inc. has completed a Follow-on Equity Offering in the amount of $125 million.

Dime Community Bancshares, Inc. has filed a Follow-on Equity Offering.

Dime Community Bancshares, Inc. to Report Q3, 2024 Results on Oct 22, 2024

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on October 24, 2024

Dime Community Bancshares, Inc. Reports Unaudited Net Charge-Offs Results for the Second Quarter Ended June 30, 2024

Dime Community Bancshares, Inc. to Report Q2, 2024 Results on Jul 23, 2024

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on July 24, 2024

Dime Community Bancshares, Inc. Appoints John Murphy as Head for Its Non-Profit Vertical

Dime Community Bancshares, Inc. Hires Judy Wu as Executive Vice President, General Counsel and Corporate Secretary

Dime Community Bancshares, Inc. to Report Q1, 2024 Results on Apr 23, 2024

Dime Community Bancshares, Inc., Annual General Meeting, May 23, 2024

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on April 24, 2024

Dime Community Bancshares, Inc. Announces Director Appointments for National Deposits Group

Dime Community Bancshares, Inc. to Report Q4, 2023 Results on Jan 26, 2024

Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on January 24, 2024

Dime Community Bancshares, Inc. Reports Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

Dime Community Bancshares, Inc. to Report Q3, 2023 Results on Oct 19, 2023

Dime Community Bancshares, Inc. Appoints Judith H. Germano to Its Board of Directors and Credit Risk, Enterprise Risk, and Strategic Planning Committees, Effective as of September 28, 2023

Dime Community Bancshares, Inc. Appoints Daniel Shaya Csillag as Group Head of Healthcare Vertical

Dime Community Bancshares, Inc. Announces Board Changes, Effective September 28, 2023

Dime Community Bancshares, Inc. Reports Net Charge Off for the Three Months Ended June 30, 2023

Dime Community Bancshares, Inc. to Report Q2, 2023 Results on Jul 28, 2023

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on July 24, 2023

Dime Community Bancshares, Inc Announces the Promotion of Steven Karaman to Corporate Treasurer

Dime Announces Upgrades to Technology Platform

Dime Community Bancshares, Inc. Reports Net Charge-Offs for the Three Months Ended December 31, 2022

Dime Community Bancshares, Inc. to Report Q4, 2022 Results on Jan 27, 2023

Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on January 24, 2023

Dime Community Bancshares, Inc. and Dime Community Bank Announces Resignation of Leslie Veluswamy as Chief Accounting Officer and Principal Accounting Officer Effective November 4, 2022

Dime Community Bancshares, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock, Payable on October 24, 2022

Dime Community Bancshares, Inc. Reports Net Charge Off for the Three Months Ended June 30, 2022

Dime Community Bancshares, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on July 25, 2022

Dime Community Bancshares, Inc. Appoints David DeVito as Senior Vice President, Group Leader

Dime Community Bancshares, Inc., Annual General Meeting, May 26, 2022

Dime Community Bancshares, Inc. Appoints Robert Maichin as Head of Middle Market Lending

Dime Community Bancshares, Inc. to Report Q1, 2022 Results on Apr 29, 2022

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on April 25, 2022

Dime Community Bancshares, Inc. (NasdaqGS:DCOM) acquired non-purchased credit deteriorated loans.

Dime Community Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on May 21, 2021

Bridge Bancorp, Inc. Announces Board and Committee Changes

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age