NEW YORK, June 27 /PRNewswire-FirstCall/ -- Sovereign Bank announced
today that it has hired Vincent A. Ricciardi as Senior Market Executive
overseeing Sovereign's retail banking activities in the Metro New York/New
Jersey markets and districts.
Ricciardi, of Ridgewood, N.J., has more than 32 years of banking and
retail experience. Prior to joining Sovereign, he was Senior Vice President
and Region Executive for Premier Banking and Investments at Bank of
America. In this position, he managed more than 400 employees in New York
City, Long Island, Westchester, upstate New York, New Jersey and southwest
Connecticut. Prior to that role, he was a Bank of America Market Executive
in New Jersey, overseeing 11 districts and 152 branches.
"As a native of the Metro New York/New Jersey area, Vince truly
understands the challenges and opportunities that we have in these valuable
markets," noted Roy Lever, Sovereign Executive Vice President and Managing
Director of Retail Banking. "I am confident that under Vince's leadership,
the entire team in this division will achieve great success."
Ricciardi earned a master's degree from New York University and a
bachelor's degree from St. Peter's College, Jersey City, N.J. He also
pursued post graduate studies at New York University.
About Sovereign
Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent
company of Sovereign Bank, a financial institution with principal markets
in the Northeastern United States. Sovereign Bank has 750 community banking
offices, over 2,300 ATMs and approximately 12,000 team members. Sovereign
offers a broad array of financial services and products including retail
banking, business and corporate banking, cash management, capital markets,
wealth management and insurance. For more information on Sovereign Bank,
visit http://www.sovereignbank.com or call 1-877-SOV-BANK.
Sovereign Bank is a registered trademark of Sovereign Bank or its
affiliates or subsidiaries in the United States and other countries.
SOURCE Sovereign Bank
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Related links:
http://www.sovereignbank.com
CONTACT:
Ellen Molle, +1-617-757-5573, cell
+1-617-548-9932, emolle@sovereignbank.com; or Mike Armstrong,
+1-347-563-9251, or cell: +1-917-279-8437,
marmstro@sovereignbank.com, both of Sovereign Bank
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