Form 8-K DIME COMMUNITY BANCSHARE For: Oct 20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  October 20, 2015

DIME COMMUNITY BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

Delaware		0-27782		11-3297463
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

209 Havemeyer Street, Brooklyn, New York   11211

(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code:           (718) 782-6200

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14d-2(b))
	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

On October 20, 2015, the Board of Directors of both the Registrant and the Bank announced the appointment of Kenneth J. Mahon as President and Chief Operating Officer of both the Registrant and the Bank effective immediately upon the retirement of current President Michael P. Devine on December 31, 2015.  Mr. Mahon, age 64, has served as Chief Operating Officer of both the Registrant and Bank since 2014. From 2013 to 2014, Mr. Mahon served as Senior Executive Vice President and Chief Financial Officer of both the Registrant and the Bank. From 2008 to 2013, he served as First Executive Vice President and Chief Financial Officer of both the Registrant and the Bank. Mr. Mahon has also served as a director of both the Registrant and Bank since 2002, and will continue to serve in this capacity subsequent to his promotion to President and Chief Operating Officer. 

A copy of the news release announcing Mahon's appointment as President and Chief Operating Officer is included as Exhibit 99.1 to this report.

 

Item 9.01.   Financial Statements and Exhibits.

 

 

          (d)  Exhibits

 

 

Exhibit No.

 

99.1	Press release of the Registrant, dated October 20, 2015, announcing the appointment of Kenneth J. Mahon as President and Chief Operating Officer.

 

SIGNATURES

 

 

          Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

                                        DIME COMMUNITY BANCSHARES, INC.

 

 

 

By:	/s/ MICHAEL PUCELLA
	Michael Pucella
	Executive Vice President and Chief Accounting Officer (Principal Financial Officer)

 

 

Dated:  October 20, 2015

 

INDEX TO EXHIBITS

 

 

Exhibit Number

 

99.1	Press release of the Registrant, dated October 20, 2015, announcing the appointment of Kenneth J. Mahon as President and Chief Operating Officer.

EXHIBIT 99.1

 

Dime Community Bancshares, Inc. Announces the Appointment of Kenneth J. Mahon as President and Chief Operating Officer

Presidency to Be Assumed Upon the Retirement of Michael P. Devine

Brooklyn, NY-October 20, 2015 - Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of The Dime Savings Banks of Williamsburgh (the "bank"), today announced the appointment of Kenneth J. Mahon as President and Chief Operating Officer effective immediately upon the retirement of current President Michael P. Devine on December 31, 2015.

Mr. Mahon has served as Chief Operating Officer of both the Company and bank since 2014, and a director of both the Company and Bank since 2002. Mr. Mahon joined the Bank in 1980, and has served in numerous capacities with the Company and bank prior to his current position of Chief Operating Officer, most notably Chief Financial Officer.

Mr. Mahon is an associate member of the Financial Managers Society, the National Investor Relations Institute and the National Association of Corporate Directors, and a member of the board of directors of Brooklyn Legal Services Corporation A. Vincent F. Palagiano, Chairman and CEO, commented, "In 2014, the Board appointed Ken Chief Operating Officer, enhancing his corporate responsibilities and placing him as a likely potential successor to the Presidency in the event Mr. Devine contemplated retirement. Ken has more than met the challenge of these new responsibilities, leading our strategic plan to offer premier community banking to our diverse and shifting customer base, enhance our retail banking presence both locally and on the internet, and remain both technologically competitive and cost efficient. Having served on the Board since 2002, the directors are very familiar with his management approach and tireless commitment to success. Our investors have also shared regular interaction with Ken since our initial public offering in 1996, and have come to greatly appreciate his experience, knowledge and candor."

ABOUT DIME COMMUNITY BANCSHARES, INC.

The Company (NASDAQ: DCOM) had $4.64 billion in consolidated assets as of June 30, 2015, and is the parent company of the Bank. The Bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-five branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. More information on the Company and Dime can be found on the Dime's Internet website at www.dime.com.

Contact: Kenneth Ceonzo

Director of Investor Relations

718-782-6200 extension 8279