Sun Bancorp Inc. has hired Thomas M. O’Brien as president and chief executive officer, where he will focus on corrective initiatives and sustaining profits and growth for the company.
O’Brien, who has more than 37 years of industry experience, will help implement the company’s ongoing regulatory compliance program, improve its regulatory standing and advance its growth, said Sidney R. Brown, Interim president and CEO.
He currently serves on the board of BankUnited Inc. and most recently served as president and CEO of State Bank of Long Island/State Bancorp Inc. from 2006 to 2012, the Vineland-based company said Wednesday in a news release.
"I will not only be joining Sun as its CEO but, more importantly, I will be joining as a significant shareholder. As a consequence, my interests will be closely aligned with the long term interests of all shareholders and my ambition will be to build the value for them that they so richly deserve," said O’Brien.
Sun Bancorp Inc. is a $3.1 billion asset bank holding company with offices in Vineland and Mt. Laurel. Its primary subsidiary is Sun National Bank, with more than 50 locations throughout New Jersey.
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