WAYNE, N.J., June 26 /PRNewswire-FirstCall/ -- The board of directors
of Valley National Bancorp (NYSE: VLY) announced today that Robert C.
Soldoveri has been appointed to the board of directors of both Valley
National Bancorp and Valley National Bank, effective at the closing of
Valley's acquisition of Greater Community Bancorp. The closing is presently
scheduled to occur on July 1, 2008.
Mr. Soldoveri, age 55, is the owner of Solan Management, LLC, a company
which manages commercial real estate property. In addition, he is a trustee
for the John L. and Grace P. Soldoveri Foundation, a private charitable
foundation. Prior to his affiliation with Solan Management, he ran and
operated Northeast Equipment Transport Inc., a heavy equipment operating
company and S & S Material Handling, which provided services to land
developers and building contractors.
Mr. Soldoveri attended the University of Scranton where he studied
accounting and psychology. In addition to his professional career,
Soldoveri is a member of the Lake Mohawk Golf Club, a member of American
Quarter Horse Association and a member of New Jersey Farm Bureau. He
resides in Totowa, New Jersey.
Valley is a regional bank holding company with over $12 billion in
assets, headquartered in Wayne, New Jersey. Its principal subsidiary,
Valley National Bank, currently operates 177 branches in 123 communities
serving 14 counties throughout northern and central New Jersey, Manhattan,
Brooklyn and Queens.
SOURCE Valley National Bancorp
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Related links: http://www.valleynationalbank.com
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CONTACT: Dianne M. Grenz, First Senior Vice President, Director of Marketing, Shareholder & Public Relations, +1-973-305-4005
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