Dime Announces Senior Executive Succession Planning

Core Points - Dime Community Bancshares, Inc. announced a senior executive succession plan, with Conrad Gunther set to retire at the end of 2025, and Thomas X. Geisel appointed as Chief Commercial Officer to take over Gunther's responsibilities [1][5] - Avi Reddy, currently the Chief Financial Officer, will expand his role to include Chief Operating Officer, overseeing all client-facing deposit businesses and working on major strategic initiatives [1][5] - The company has over $14 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [2][3] Executive Changes - Conrad Gunther has had a successful 50-year career in commercial banking and has been pivotal in transforming Dime into a diversified commercial bank since joining in 2017 [1] - The succession plan aims to allow Gunther more family time while ensuring the company's growth trajectory continues [1] - Tom Geisel's integration into the organization has been seamless, contributing positively to the company's growth [1] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which is a New York State-chartered trust company [2] - The bank has a significant presence in the Greater Long Island area, particularly in deposit market share among community banks [2][3]