Hudson Valley Holding Corp. Elects Matthew Lindenbaum to the Board of Directors [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) James J. Landy, Executive Chairman of Hudson Valley Holding Corp., has announced that the Company has named Matthew A. Lindenbaum, Founder and Principal of Basswood Capital Management, to the Board of Directors of the Company and Hudson Valley Bank, N.A.
According to a release, Lindenbaum co-founded Basswood Capital Management, an alternative asset management firm with over $1.3 billion of assets under management, in 1998, where he has been co- managing various Basswood strategies and family investments for over 20 years. He is also Founder and Vice Chairman of Community National Bank, an independent commercial bank based in Long Island, NY, opened in 2005.
In 1986, Lindenbaum began his career with the Mortgage Finance Group at Merrill Lynch Capital Markets where he structured derivative mortgage securities, and helped advise banks on their financial strategies. In 1987, he joined SNL Securities, where he ultimately became a General Partner.
"Matthew's extensive banking experience in the New York area, as well his established track record of success navigating the financial markets over his career, provide the necessary skills to position Hudson Valley for continued success going forward," Landy noted.
"As our Company continues to evolve with the changing economy, Matthew's experience and unique skill set will assist in the further implementation of the company's strategies and place us in a position for future growth," said Stephen R. Brown, President and Chief Executive Officer. "We are excited to have Matthew join our Board and look forward to working with him."
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