Joseph R. Ficalora has been at the helm of New York Community Bancorp since its inception in 1993, leading the company from a small savings bank into a major player in the banking industry with 238 branches. Known for his...

Joseph R. Ficalora has been at the helm of New York Community Bancorp since its inception in 1993, leading the company from a small savings bank into a major player in the banking industry with 238 branches. Known for his extensive experience in the finance sector spanning several decades, he has held various roles including as President and CEO of the Community Bank. Ficalora's leadership has transformed the company's operations and profitability, adapting to changing market conditions while focusing on customer needs and community welfare. Under his guidance, the company expanded its reach into multiple states, including New Jersey, Florida, Ohio, and Arizona. Interestingly, during 2019, Ficalora's insider trading activity showed significant fluctuations in stock value, peaking at $90.35 million in October of that year. He has also been involved in various professional banking organizations, holding positions that influence legislative and regulatory matters affecting the banking industry. His approach to compensation reflects a deep commitment to align executive pay with company performance, ensuring sustainability and growth for all stakeholders. Ficalora's tenure ended with his retirement on December 31, 2020, but his impact on the company remains substantial.