Empire State Bank Announces Election of New Directors to Its Board


NEWBURGH, N.Y., Oct. 23, 2020 (GLOBE NEWSWIRE) — ES Bancshares, Inc. and Empire State Bank is proud to announce the appointment of Michael O'Brien and Penda Aiken to its Board of Directors. “The depth of their knowledge and expertise will provide enhanced support to the Bank's vision. As we execute strategic growth initiatives, this will ensure our path to continued success," said Philip Guarnieri, Empire State Bank's Chief Executive Officer.

Michael O'Brien, an accomplished leader and entrepreneur, has been an investor for more than 35 years in public, private and start-up organizations in the financial service industry. In 2007, Mr. O'Brien founded Deerhill Pond Investment Partners, LP, an asset management firm that invests across the capital structure in both debt and equity instruments. Prior to Deerhill, Mr. O'Brien worked 22 years for Keefe, Bruyette and Woods Inc. (KBW), a full-service boutique investment bank and broker-dealer specializing in the financial service sector serving institutions throughout North America and Europe. Mr. O'Brien managed KBW's London based European operation advising international portfolio managers and raising capital for U.S. financial institutions. Mr. O'Brien served as a member of the Board of Directors and Operating Committee for KBW and as CEO and President of KBW Asset Management.

In the early days of his career, Mr. O'Brien served as a Managing Director for Data Resources Inc. (DRI), an economic consulting firm that was a pioneer in building data bases, …

Full story available on Benzinga.com


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