Provident Bank CFO Lyons to Retire After Long, Successful Career

Core Viewpoint - Provident Bank announces the planned retirement of Thomas M. Lyons, Senior Executive Vice President and Chief Financial Officer, expected to occur by June 30, 2026, or upon the appointment of his successor [1][3]. Company Overview - Provident Bank, founded in 1839, is the oldest community-focused financial institution in New Jersey and a wholly owned subsidiary of Provident Financial Services, Inc. [6]. - As of September 30, 2025, Provident Bank has assets totaling approximately $24.83 billion, serving businesses and consumers across New Jersey, New York, and Pennsylvania [6]. Leadership Transition - Mr. Lyons will continue in his roles until a successor is appointed and will assist in an advisory capacity during the transition [3]. - The bank has initiated a nationwide search for a replacement, engaging an executive search firm to aid in the process [3]. Contributions of Thomas M. Lyons - Mr. Lyons has served as CFO since 2011 and has been instrumental in the bank's growth, contributing to an increase in assets from $6 billion at the time of the First Savings Bank merger in 2004 to nearly $25 billion today [4]. - His leadership has been recognized for delivering top-tier financial performance and creating long-term shareholder value [4]. Future Outlook - Mr. Lyons expressed confidence in Provident's ability to continue generating sustainable, profitable growth and building long-term value for shareholders [6].