Business
OceanFirst Financial Corp. Announces Retirement of Michael J. Fitzpatrick, Chief Financial Officer, and Selection of Patrick S. Barrett as Successor
RED BANK, N.J., March 17, 2022 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), (the “Company”), the holding company for OceanFirst Bank N.A.
About this update from Oceanfirst Financial Corp.
[{"type":"text","content":"RED BANK, N.J., March 17, 2022 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today, announced that Michael J. Fitzpatrick, Executive Vice President and Chief Financial Officer, has announced plans for his retirement effective June 1, 2022. Patrick S. Barrett has been selected by the Company’s Board of Directors as Mr. Fitzpatrick’s successor effective June 2, 2022. Christopher D. Maher, Chairman and Chief Executive Officer, said, “Mike has been an invaluable member of the OceanFirst team for almost 30 years since becoming the Bank’s first Chief Financial Officer in 1992. His accomplishments have had a significant impact on our Company and include our initial public offering in 1996 and the efforts to establish OceanFirst Foundation at that time. Mike’s sound financial leadership has seen the Company through seven acquisitions and the realization of many successful growth strategies. I am personally grateful to Mike for his counsel and guidance during my tenure.” Mr. Maher added, “We are pleased to welcome Pat Barrett to our OceanFirst leadership team. Pat is an experienced CFO with an impressive career at large scale, highly effective financial services organizations. I expect Pat will be an asset to our Company contributing to our continued growth and success.” Mr. Barrett comes to OceanFirst from First Midwest Bancorp, Inc., where he was Executive Vice President and Chief Financial Officer of the $22 billion asset holding company headquartered in Chicago. Last month, First Midwest Bancorp, Inc. completed a merger of equals with Old National Bancorp. Mr. Barrett joined First Midwest Bancorp, Inc. in 2017 and has managed a team of more than 70 including Controllers, Treasury, Investor Relations, Strategic Planning, Corporate Development, Tax, Project Management, Planning and Analysis, Facilities, Profitability, Procurement and Performance Management functions. Prior to joining First Midwest Bancorp, Inc., Mr. Barrett was the Chief Financial Officer at Fulton Financial Corporation, Inc. His career spans more than 30 years and includes leadership positions at SunTrust Banks, J.P. Morgan Chase, and Deloitte. Mr. Barrett is a Certified Public Accountant and Certified Internal Auditor. Patrick S. Barrett commented about his plans to join Ocean...