New York Community Bank COO Julie-Ann Signorille-Browne is stepping down

By Ben Glickman

New York Community Bank (NYCB) Chief Operating Officer Julie-Ann Signorille-Browne will resign next week, marking the latest in a string of executive departures since a tumultuous period for the lender earlier this year.

The regional bank said in a regulatory filing that Signorille-Browne had resigned from her role on May 10, and would serve as COO through May 24.

Browne's departure follows a slate of recent executive exits at NYCB. Previous finance chief John Pinto departed in April, succeeded by Craig Gifford, and NYCB named two CEOs in the span of a week in late February and early March.

Signorille-Browne was appointed to her latest role in September 2023.

NYCB in late January said that it needed to shore up its balance sheet after acquiring Signature Bank in 2022 and being subjected to higher capital standards. The bank's shares plummeted in the weeks following, before getting a $1 billion capital investment from a group of investors.

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05-16-24 1818ET

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