Sterling Bancorp appointed Tom Minielly to its Board of Directors, where he will serve on the Audit and Risk Management Committee. Minielly replaces Jon Fox who has resigned from the Board concurrent with his retirement.

With the appointment of Minielly, Sterling’s Board remains comprised of nine directors of which five are independent.

Chairman and CEO Gary Judd commented, “The Board is deeply appreciative of the valuable services rendered by Mr. Fox during his 22-year tenure as a Director of Sterling. We wish to express a deep sense of appreciation and gratitude for Jon’s long and fruitful commitment to our Company. We wish him the very best in his retirement.

“We are pleased to welcome Tom Minielly as an independent director,” Judd continued. “Tom’s extensive career in audit and accounting will be an excellent resource and complementary asset to our Board and we look forward to his many future contributions.”

Minielly is a partner emeritus at Baker Tilly Virchow Krause. He served as a team leader and client service provider at Baker Tilly from 2003 until 2018. He previously served as managing partner for Nemes, Allen & Company beginning, company he joined in 1984, and where he helped identify and lead their merger with Baker Tilly. Prior to his position with Nemes, Minielly served as a senior accountant at Larkin, Chapski and Company CPAs.

Fox has served as a director for Sterling since 1997, most recently as a member of the Audit and Risk Management Committee. He retires with over forty years of financial experience, including twenty years of executive level commercial banking management experience. Fox previously served as head of Commercial Lending at City National Bank and as head of Commercial Real Estate Lending at Comerica. He was an advisor for PEM, a real estate holding company, a founder of the Americans for International Aid and Adoption, and a director for the Community Housing Network since 1976.

Sterling Bank and Trust has primary branch operations in San Francisco and Los Angeles, New York City and Bellevue, WA. It offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services. Sterling was named as the top performing community bank in the United States with total assets between $3 billion and $10 billion in 2018 by S&P Global Market Intelligence for the second year in a row.