Piper Sandler Downgrades New York Community Bancorp (NYCB) to Neutral, 'Whack-a-Mole Continues'

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NEW YORK COMMUNITY BANCORP, INC. APPOINTS ALESSANDRO DINELLO AS PRESIDENT AND CEO AND MARSHALL LUX AS PRESIDING DIRECTOR OF THE BOARD

February 29, 2024 4:05 PM EST

HICKSVILLE, N.Y., Feb. 29, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") today announced the appointment of Alessandro (Sandro) DiNello, Executive Chairman of the Board, as President and Chief Executive Officer, effective immediately. Mr. DiNello succeeds Thomas R. Cangemi, who has stepped down as President and Chief Executive Officer after 27 years with the Company. Mr. Cangemi remains on the... More