UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 4, 2019

 

 

VALLEY NATIONAL BANCORP

(Exact Name of Registrant as Specified in Charter)

 

 

 

New Jersey   1-11277   22-2477875

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

 

1455 Valley Road, Wayne, New Jersey   07470
(Address of Principal Executive Offices)   (Zip Code)

(973) 305-8800

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 Item 5.02(b) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On February 4, 2019, Valley National Bancorp (the “Company”), the holding company for Valley National Bank (the “Bank”), announced that Chief Financial Officer Alan D. Eskow will transition from his position as Chief Financial Officer of the Company and the Bank to the role of Senior Executive Vice President and Corporate Advisor to the Company and the Bank.

 

Mr. Eskow will remain in his current role until a successor has been named.

 

  

Item 9.01 Financial Statements and Exhibits.

Exhibit

No.

Description
(d) Exhibits.
99.1 Press Release dated February 4, 2019.
   

  

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Dated: February 5, 2019     VALLEY NATIONAL BANCORP  
         
  By:   /s/ Alan D. Eskow  
      Alan D. Eskow  
     

Senior Executive Vice President and

Chief Financial Officer

(Principal Financial Officer)

 

 

Exhibit 99.1

  

 

News Release

 

 

 

 

 

Valley National Bancorp Announces Transition of Chief Financial Officer Alan Eskow  

 

 

WAYNE, NJ  – February 4, 2019 - Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, announced today the transition of Chief Financial Officer Alan Eskow to a Senior Advisor position supporting the Bank’s CEO and President, Ira Robbins.

 

Eskow will continue in his capacity as CFO for Valley National Bancorp and Valley National Bank until a successor is named. Once the company concludes the search for a new CFO, Eskow will remain at Valley as an Executive Officer and Senior Executive Vice President.

 

“As we search nationally to find a replacement, Alan will continue to provide the sustained leadership and financial continuity necessary until the conclusion of this process,” remarked Ira Robbins. “Alan’s new role of Senior Executive Vice President and Corporate Advisor will report directly to me as a member of the Management Committee. His broad experience in the industry and deep knowledge of Valley will support and accelerate the execution of many strategic initiatives underway. I look forward to Alan’s continued guidance as we seek to move forward and I extend my gratitude to him for both his personal counsel and corporate leadership during his 18 years as Valley’s CFO.”

 

About Valley

As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $31 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates approximately 226 branches across New Jersey, New York, Florida and Alabama, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com  or call our Customer Service Center at 800-522-4100.

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