John J. Davis held a substantial stake in Center Bancorp during his years of leadership. At the height of his wealth, he had significant shares that reflected his confidence in the company. In 2007, he sold all his shares as...

John J. Davis held a substantial stake in Center Bancorp during his years of leadership. At the height of his wealth, he had significant shares that reflected his confidence in the company. In 2007, he sold all his shares as part of a stock buyback at a price of $11.30 per share, capitalizing on the company's valuation. Over the years, he maintained a notable level of investment in the bank, with his holdings being a key aspect of his financial portfolio. As he prepared for retirement, the value of his holdings painted a picture of a leader deeply integrated into the financial success of the institution. Throughout his career, his wealth was notably tied to the company's performance, something that reflects the high stakes involved in banking leadership.