Attached files
| file | filename |
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| 8-K - ASTORIA FINANCIAL CORP | v186558_8k.htm |
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| Contact: | Peter J.
Cunningham First Vice President Investor Relations 516-327-7877 ir@astoriafederal.com |
FOR
IMMEDIATE RELEASE
ASTORIA
FINANCIAL CORPORATION REGRETFULLY ANNOUNCES THE DEATH OF
THOMAS
J. DONAHUE, A MEMBER OF THE BOARD OF DIRECTORS
Lake Success, New
York, May 25, 2010 -- Astoria Financial
Corporation (NYSE: AF) (the “Company”), the holding company for Astoria Federal
Savings and Loan Association (“Astoria Federal”), announced today with great
sadness, the death of Thomas J. Donahue on May 23, 2010. Mr. Donahue was a
member of the Board of Directors of the Company since November 18, 1993 and
Astoria Federal since November 28, 1990.
A former
certified public accountant, Mr. Donahue retired as a partner of Peat, Marwick,
Mitchell & Co., the predecessor of KPMG LLP in 1986 following a
distinguished career of 25 years. Following his public
accounting career, Mr. Donahue provided professional consulting services to
senior management teams, boards of directors and regulatory agencies in several
capacities. He served both the Company and Astoria Federal as
Chairman of the Audit Committee and a member of the Compensation
Committee.
George L.
Engelke, Jr., Chairman and Chief Executive Officer, commented, “We are deeply
saddened to report the loss of not only a valued director and business
colleague, one whose expertise, counsel and guidance to the Boards of both the
Company and Astoria Federal served us well during his 20 year tenure, but also
the loss of a good friend. We extend our sincerest sympathy to his
wife Maureen and their family. He will be greatly
missed.”
Astoria
Financial Corporation, with assets of $20.1 billion, is the holding company for
Astoria Federal Savings and Loan Association. Established in 1888,
Astoria Federal, with deposits in New York totaling $12.7 billion, is the
largest thrift depository headquartered in New York and embraces its philosophy
of “Putting people first”
by providing the customers and local communities it serves with quality
financial products and services through 85 convenient banking office locations
and multiple delivery channels, including its enhanced website, www.astoriafederal.com. Astoria
Federal operates in the attractive Long Island market, which includes Brooklyn,
Queens, Nassau, and Suffolk counties with a population exceeding that of 38
individual states, and Westchester County. Astoria Federal originates
mortgage loans through its banking and loan production offices in New York, an
extensive broker network covering sixteen states, primarily along the East
Coast, and the District of Columbia, and through correspondent relationships
covering seventeen states and the District of Columbia.
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