Board of Directors
Frank J. Patock, Jr. is currently Chairman of the Board of both Two River Bancorp and Two River Community Bank. He previously served as Vice Chairman of the Board of the Company and Two River Community Bank. Mr. Patock is also President of Patock Construction Company; a general contracting company located in Tinton Falls, New Jersey and was born and raised in the Red Bank area. He is a founder and former member of the board of directors of Tinton Falls State Bank. He is the current President of the Affordable Housing Alliance, serves on the board of directors of American Red Cross and 180-Turning Lives Around and is a member of the Board of the Community YMCA in Red Bank. Mr. Patock’s experience qualifying him for service as a Director include his 22 years experience as a bank incorporator/director and his valuable business acumen and experience as the long-time CEO of a general contracting company specializing in the development of corporate, retail and governmental building facilities. His contacts and favorable reputation throughout the state’s construction industry enable Mr. Patock to develop business for the Bank.
Charles T. Parton currently serves as Vice Chairman of the Board of Two River Bancorp and Two River Community Bank. He previously served as Chairman of the Board both of the Company and of Two River Community Bank, having held those positions from the inception of Two River in 2000 and of the Company in 2006. He also served as interim President and Chief Executive Officer of the Company from February 1 through December 31, 2009. Mr. Parton, a certified financial planner, has been active in the commercial banking field for over 45 years, beginning his career in 1963 with Fidelity Union Trust Company in Newark, New Jersey. He held senior management positions within the Fidelity Union organization until 1981, then joining Midlantic National Bank/Merchants as its Executive Vice President. From 1983 until 1989, Mr. Parton was Chairman, President and CEO of Midlantic/Merchants and following internal consolidation, became Senior Vice President and Group Executive for Midlantic National Bank. After leaving Midlantic in 1991, Mr. Parton became Executive Director of the Jersey Shore Medical Center Foundation, serving from 1992 through 1997 and served as a member of the Board of Trustees of Jersey Shore Medical Center from 1983-1992, holding the position of Chairman from 1988 until 1992. He has served as a Director of three publicly traded SEC registered companies, most recently as a Director of Foodarama Supermarkets, Inc. from 1993–2006, and is a Director of Kuehne Chemical Company, Inc., a privately held corporation in South Kearny, New Jersey. Mr. Parton has served as a trustee of Monmouth University since 1987, Board Chair from 1998 – 2001 and was elected Life Trustee Emeritus in 2010. Mr. Parton’s 40-plus years of experience in the commercial banking industry, including CEO and Director responsibilities makes him an extremely valuable member of the Board. In addition, having served as a Director of three publicly-traded companies, he is the most experienced Board member in the area of corporate governance.
William D. Moss is currently President and Chief Executive Officer and a director of the Company and Two River Community Bank. Mr. Moss previously served as President and Senior Loan Officer from August 1, 2006 to July 31, 2007, as Executive Vice President and Senior Loan Officer of Two River from July 1, 2003 to July 31, 2006, and as Senior Vice President and Senior Loan Officer of Two River from February 2000 (the time of the Bank’s opening) until July 2003. Mr. Moss has 30 years in the banking industry, starting his career in 1980 at Midlantic National Bank and rising to the position of Regional Vice President/Group Manager in 1989. Later that year he joined Central Jersey Bank & Trust Company, which is today Bank of America, as a Vice President and Senior Regional Loan Officer. In 1996, Mr. Moss joined Shrewsbury State Bank as Vice President, responsible for commercial lending and business development. Mr. Moss graduated from the Stonier Graduate School of Banking in 1987. Mr. Moss serves as a Trustee of the New Jersey Bankers Association and is a member of the Community Bankers Association of New Jersey. He is currently a Trustee of The Monmouth Conservation Foundation, Middletown, New Jersey; The Community YMCA, Red Bank, New Jersey; Christian Brothers Academy, Lincroft, New Jersey; and the Howard Whitfield Foundation, Red Bank, New Jersey. Mr. Moss is a former President and member of the Board of Advisors of the American Cancer Society, and has served as a Councilman of the Borough of Shrewsbury and Chair of the Finance Committee. Mr. Moss, as the Company’s President and Chief Executive Officer, brings extensive knowledge of the commercial banking industry, gained over 30 years of banking experience, to the governance and leadership of the organization. Through his participation in pertinent trade associations he keeps abreast of significant events and trends in the industry and advises the Board and management on these trends and events, including product developments.
James M. Bollerman is currently a director of the Company and Two River. Mr. Bollerman is the founder of Bollerman Real Estate Services, Inc., a real estate development, investment, management and advisory firm. Mr. Bollerman has been directly involved with the development, planning and construction of over 20 million square feet of commercial, industrial and residential space in New Jersey. Prior to starting his own firm, Mr. Bollerman was President and Chief Executive Officer of Commercial Realty & Resources Corp., a wholly-owned real estate development subsidiary of New Jersey Resources Corporation, a $1 billion New York Stock Exchange listed holding company. He is a former member of the New Jersey Resources Board of Directors and served on its Finance Committee. Mr. Bollerman is a graduate of the Seton Hall University School of Law. Mr. Bollerman’s experience qualifying him for service as a Director includes a 31-year business career in a variety of senior corporate, governmental and entrepreneurial positions. He currently serves on the audit committee of the Municipal Excess Liability Joint Insurance Fund and is a Trustee within the Meridian Health System. He also serves in governance roles in the non-profit sector.
Robert E. Gregory is currently a director of the Company and Two River, and previously served as a director at Town Bank. Mr. Gregory has been the President of NJ Galvanizing and Tinning Works, Inc. since 1982. In that capacity, Mr. Gregory is responsible for all budgeting and financial reporting. Mr. Gregory is an active member of numerous trade and non-profit organizations and is a past president of the Newark Ironbound Manufacturers Association. Mr. Gregory’s substantial experience as CEO of an industrial company with national clientele allows him to bring to the Board extensive managerial and financial ability. He is actively involved in Union County community activity and his advocacy on behalf of the Bank facilitates new business opportunities.
Robert B. Grossman, M.D. is currently a director of the Company and Two River. Dr. Grossman is an orthopedic surgeon and partner with Shore Orthopaedic Group. Dr. Grossman is a licensed medical doctor in the State of New Jersey. He became Board Certified in orthopedic surgery in 1978, and is currently affiliated with Monmouth Medical Center and Riverview Medical Center. Dr. Grossman also is a director of Dreman Value Management, L.L.C. Dr. Grossman is involved in many professional organizations, including but not limited to being a Fellow of the American Academy of Orthopaedic Surgery, the American Academy of Surgery, the American Sports Medicine Society, and the Arthroscopic Association of North America. Dr. Grossman is a past president of the New Jersey Orthopaedic Society and the Campaign Chairman for Jewish Charities of Monmouth County. He was one of the founders and a member of the Board of Directors of Tinton Falls State Bank. He is the past President and past Chairman of the Board of the Jewish Federation of Greater Monmouth County. Dr. Grossman’s experience qualifying him for service as a Director includes over 20 years of serving on bank boards, together with his extensive civic and community service.
William F. LaMorte is currently a director of the Company and Two River. Mr. LaMorte has been the President of Ronstan Paper & Packaging Company, Inc. for the past 35 years. Ronstan Paper is a distributor of packaging materials, paper and janitorial products based in Eatontown, New Jersey. Mr. LaMorte is a past President of Monmouth Center for Vocational Rehabilitation and the MCVR Foundation, Inc. He is also a past President of A.R.C. of Monmouth County. Mr. LaMorte’s experience qualifying him for service as a Director includes 35 years of business and management experience gained while running a paper and packaging distribution company. He has also been an active volunteer leader and advisor within the local non-profit community.
Joseph F.X. O’Sullivan is currently a director of the Company and Two River. He previously served as Vice Chairman of the Board of Company and Two River. Mr. O’Sullivan has a bachelor’s degree in Business Finance, and started his career in 1976 as a credit officer with Community State Bank. From 1979 to 1985, Mr. O’Sullivan was a Principal Managing Director serving as Chief Credit Officer and Syndication Manager for Vendor Funding, an equipment finance company, until the business was acquired in 1986 by First NH Banks, an operating unit of Bank of Ireland. He then continued to serve in those capacities and as Executive Vice President, until becoming Chief Financial Officer in 1990. In 1992, he became President of Credit America Corp., which specialized in equipment leasing and commercial finance in the petroleum industry, until 1995, when he became a Principal Managing Director of Fleetwood Financial Corp. Fleetwood Financial is an equipment leasing company headquartered in New Jersey concentrating in the medical technology product marketplace. In 2006, Fleetwood Financial was acquired and transitioned into a bank-owned captive leasing operation. Mr. O’Sullivan served as Executive Vice President of Syndication and Risk Management of this operation until 2009, when the business was reacquired by Mr. O’Sullivan and senior management under Fleetwood Financial Leasing, LLC. Mr. O’Sullivan previously served as Chairman and Director of The Town Bank Board of Directors. Mr. O’Sullivan’s experience qualifying him for service as a Director includes his financial expertise from a diverse and extensive commercial finance and leasing background over a 36-year career to date. His knowledge of the Union and Middlesex County markets is important in the ongoing business development efforts of the Company. Mr. O’Sullivan has served as a Bank Director since 1998.
John J. Perri, Jr., CPA, MBA is currently a director of the Company and Two River. Mr. Perri is a certified public accountant and a partner in the accounting firm of Raymond, Perri & DeSeno, LLC, located in Tinton Falls, New Jersey. He is currently a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. Mr. Perri has taught accounting at Ocean County Community College and he has lectured on various accounting and tax related topics. He holds a master’s degree in taxation from Fairleigh Dickinson University. He also is currently on the board of directors of the Monmouth Housing Alliance. Mr. Perri brings to the Board over 37 years of public accounting experience, including extensive knowledge of accounting principles, financial reporting and tax issues, and the evaluation of financial results. Mr. Perri is qualified as a “financial expert” under the relevant criteria established under SEC regulations, and has acted as Chairman of the Audit Committee of Two River from its inception, as well as Chairman of the Audit Committee of Community Partners since 2007.
William Statter is currently a director of the Company and Two River. Mr. Statter is the former owner of Rumson Pharmacy, located in Rumson, New Jersey. Mr. Statter is a former member of the Community Advisory Board of Tinton Falls State Bank. He is the former President of the Rumson Board of Health and a former member of the Rumson Juvenile Conference Committee. At this time, Mr. Statter is the Director of Pharmacy at the Parker Family Health Center in Red Bank, and also serves on the Parker Family Health Center Board of Directors. Mr. Statter’s 37 years of successful business ownership and management in the local community, primarily in the retail pharmacy environment, enable him to provide counsel to the board in considering new retail products and in evaluating a variety of credit requests. His personal investment experience and acumen make him a valuable member of several board committees.
Robin Zager is currently a director of the Company and Two River. Ms. Zager was licensed as a real estate broker by the State of New Jersey in 1982 and has devoted her entire career in the commercial real estate field. She is currently a Principal of Commercial Property Advisors LLC, a real estate transaction and consulting firm located in Fair Haven, New Jersey. Ms. Zager is also owner and President of ARZEE Property Management Corp., which oversees the operations of several medical and professional buildings in Monmouth and Ocean Counties. Her volunteer experiences include past service as a Trustee of Congregation B’nai Israel in Rumson, New Jersey, where she served on the Long Range Planning and Endowment Committees. Robin is a former Director of Eastern Monmouth Area Chamber of Commerce (EMACC). Active in Industrial/Commercial Real Estate Women (ICREW), Ms. Zager served as Treasurer for three years and then as President for two years. Following this statewide office, she served as a National Delegate to NNCREW, the national organization for commercial real estate women. Ms. Zager’s experience as a licensed real estate broker in New Jersey and extensive involvement in all elements of the commercial real estate market for almost 30 years qualifies her for service as a Director. Her expertise, strategic advice and development of new business for the bank have been beneficial in the organization’s profitable growth.
Andrew A. Vitale, CPA, is currently a director of the Company and Two River. Mr. Vitale is a Certified Public Accountant and the partner-in-charge of WithumSmith+Brown’s (WS+B) Red Bank office. Founded in 1974, WS+B is a full-service accounting and consulting firm with over 400 professionals across six states. Upon joining WS+B in 1985, he co-founded the firm’s Red Bank office and successfully established and expanded the firm's presence in the greater Monmouth County area. Mr. Vitale has over 30 years of professional accounting and business consulting experience serving a variety of companies and industries. His expertise is focused in providing services such as succession planning, acquisitions and divestitures and assisting clients with financial arrangements through banks, investment brokers and financial institutions. Mr. Vitale graduated cum laude from Rutgers, The State University of New Jersey, with a BS degree in accounting. He is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. Mr. Vitale is also very active in community affairs, serving as chairman and on the Finance Committee of the Brookdale Community College Foundation. He is on the Board of Directors of the American Conference on Diversity and is a former member of the Board of Trustees of CPC Behavioral Healthcare, where he also served as treasurer. His experience in accounting and audit over a 30-year career qualify him for service as a Director.