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Just saw that Tom Iadanza is stepping down as President of Valley National Bancorp (VLY) by the end of June. The guy's been in banking for 45 years and spent over a decade helping Valley grow into a major regional player. Pretty solid tenure if you ask me.
Iadanza actually came to Valley back in 2012 through their acquisition of State Bancorp where he was Chief Lending Officer. Before that he had stints at some heavyweight banks like Santander, Citibank, and a few others. Seems like the kind of move where a long-term exec decides it's the right time to pass the torch.
Wondering who they'll bring in next to fill his shoes. These transitions at regional banks always make you think about where the leadership pipeline is headed.