Executive Officers

Thomas J. Shara

Thomas J. Shara

President and Chief Executive Officer / Lakeland Bancorp, Inc. and Lakeland Bank

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mr. Shara was named President and Chief Executive Officer of Lakeland Bancorp, Inc. and Lakeland Bank effective April 2, 2008. Prior to joining Lakeland Bank, Mr. Shara served as President and Chief Lending Officer of TD Banknorth’s (now TD Bank) Mid-Atlantic Division, which includes New Jersey, New York and Pennsylvania. Prior to TD Banknorth acquiring Hudson United Bank, Mr. Shara was Executive Vice President and Senior Loan Officer of HUBCO, a $9 billion commercial bank, where he oversaw organic growth and was responsible for integrating over 30 acquisitions.

Mr. Shara serves on the Board of Trustees of the Boys and Girls Club of Paterson and Passaic, N.J., the Board of Directors of the Commerce and Industry Association of New Jersey, and is Second Vice Chairman of the New Jersey Bankers Association board. He also serves on the Board of Governors of the Ramapo College Foundation and is a Foundation Officer on the Board of Trustees of Chilton Medical Center Foundation. Mr. Shara earned a master’s degree in business administration as well as a Bachelor of Science from Fairleigh Dickinson University.

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Ronald E. Schwarz

Ronald E. Schwarz

Sr. Executive Vice President / Chief Operating Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mr. Schwarz joined Lakeland Bank in 2009 as Chief Retail Officer and currently oversees Retail Banking, Commercial Lending and Marketing in his role as Chief Operations Officer.

Prior to joining Lakeland, Mr. Schwarz, with over 45 years of retail banking experience in Northern, New Jersey, was Executive Vice President and Market Executive of Retail Banking at Sovereign (now Santander) for their Northern New Jersey division. In this capacity, he was responsible for all aspects of management for a 79 branch network and over $4 billion in deposits. Prior to Sovereign, he was Senior Vice President and NJ Retail President for Independence Community Bank and also held positions with Broad National Bank, Urban National Bank, Midlantic National Bank and United Jersey Bank.

Mr. Schwarz is a graduate of the Stonier Graduate School of Banking and is currently a member of the Board of Directors for the Metro YMCA’s of the Oranges and a past member of the Board of Directors for Hudson County Community College Foundation.

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Thomas F. Splaine, Jr.

Thomas F. Splaine, Jr.

Executive Vice President/Chief Financial Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mr. Splaine serves as Executive Vice President, Chief Financial Officer and began his career at Lakeland Bank as Senior Vice President and Chief Accounting Officer in 2016.

Prior to joining Lakeland, Mr. Splaine was employed by Investors Bank from 2004 until 2015 in various positions including Senior Vice President, Financial Planning and Analysis and Investor Relations, and as Chief Financial Officer. His additional previous employment included Hewlett-Packard Financial Services, CIT and KPMG LLC.

Mr. Splaine earned both an undergraduate degree in accounting and a Master's in Business Administration from Rider University.

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Timothy J. Matteson, Esq.

Timothy J. Matteson, Esq.

Executive Vice President / Chief Administrative Officer / General Counsel and Corporate Secretary

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mr. Matteson serves as Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary for both Lakeland Bancorp, Inc. and Lakeland Bank.

Mr. Matteson is responsible for supervision of the administrative operational departments, including Information Technology, Business Application Support, BSA/AML, Deposit Operations, Facilities, Human Resources, Legal, Loan Operations and Physical Security.

As General Counsel, Mr. Matteson manages the legal functions of Lakeland Bancorp, Inc. and its wholly owned subsidiary, Lakeland Bank, including delivery of legal support to all business units, including lending and retail banking, corporate governance, merger and acquisition activities, securities filings, regulatory examinations and relations, real estate, litigation management and loan workout.

As Corporate Secretary, Mr. Matteson supports and advises on the governance activities of the Board and its Committees.

Mr. Matteson previously served as General Counsel at Hudson United Bancorp, Assistant General Counsel at IDB Bank, Senior Attorney at TD Banknorth (now TD Bank) and Counsel at Summit Bank.

Mr. Matteson earned his law degree from the Benjamin N. Cardozo School of Law, Yeshiva University, and Bachelor of Arts degree from Rutgers College of Rutgers University. Mr. Matteson also is a graduate of the ABA Stonier Graduate School of Banking, in connection with which he completed the requirements to receive the Wharton Leadership Certificate from the Wharton School, Aresty Institute of Executive Education, at the University of Pennsylvania. Mr. Matteson is admitted to practice law in New Jersey and New York.

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James M. Nigro

James M. Nigro

Executive Vice President / Chief Risk Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mr. Nigro joined Lakeland Bank in 2016 as Executive Vice President and Chief Risk Officer. He previously served as Senior Vice President, Credit Risk Manager at The Provident Bank in Iselin, NJ.

His banking career began in 1994 at Summit Bank in Berkeley Heights where he held various credit and lending positions in Chatham, Cranford, Dayton, and Bridgewater. He advanced to Vice President, Regional Sales Manager, a position he held until 2001 when he left Summit Bank to pursue opportunities with the former Somerset Hills Bank in Bernardsville as Executive Vice President, Chief Lending Officer.

Mr. Nigro graduated magna cum laude from Seton Hall University with a bachelor’s degree in finance, and was a member of Beta Gamma Sigma and the Financial Management Association. He was recently named Chairman of the Morris Habitat for Humanity where he has served as a Director and Treasurer since January 2013. He also serves as Secretary for the Morris County Housing Alliance, is a member of the Risk Management Association and serves on a committee for the New Jersey Bankers Association.

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Ellen Lalwani

Ellen Lalwani

Executive Vice President / Chief Retail Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mrs. Lalwani joined Lakeland Bank in August 2008 as Senior Vice President, Director, Retail Sales and has more than 20 years of retail banking experience. Before joining Lakeland, she was Vice President, Retail Sales Manager at TD Banknorth in Mahwah, N.J. Prior to that, she was Sales Manager for Key Bank in Parsippany, N.J. and Senior Vice President, Director, Direct Banking for Hudson United Bank in Mahwah, N.J. Mrs. Lalwani earned a bachelor’s degree in finance with a minor in economics from St. John’s University. She is a member of the Society of Industry Leaders – Bank Technology and the St. John’s University Alumni Association.

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John F. Rath, III

John F. Rath, III

Executive Vice President / Chief Lending Officer / Commercial Lending

200 West Passaic St
Rochelle Park, NJ 07656

Direct
973-841-6210
Email

Mr. Rath serves as Executive Vice President, Chief Lending Officer and joined Lakeland Bank in March 2015 as Senior Vice President and Group Manager, responsible for Middle Market and C&I lending, Asset Based Lending and Equipment Finance.  He has over 35 years of banking experience and was previously employed by TD Bank for over 16 years as Senior Vice President and Group Manager responsible for Middle Market, Commercial and Small Business lending activities in the Lower Hudson Valley prior to his departure. Prior to that, he was with The Bank of New York for 18 years where he held various positions.

He serves as a Board member and past Chairman for Hudson Valley Pattern for Progress and is on the boards of Hospice of Orange and Sullivan Counties and the Bardavon 1869 Opera House. He has been an Advisory Board member for the Food Bank of the Hudson Valley for 25 years and was Co-Chairman of their Capital Campaign.

Mr. Rath was a recipient of the 2014 Mount Saint Mary's College Joseph A. Bonura Leadership award and 2017 United Way of Dutchess/Orange Community Champion award. He graduated from Washingtonville Senior High School and attended Dutchess County Community College.

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Jeffrey J. Buonforte

Jeffrey J. Buonforte

Executive Vice President and Senior Government Banking / Financial Services Officer

166 Changebridge Road
Montville, NJ 07045

Office
973.208.6214
Cell
973.865.0397
Email

Mr. Buonforte joined Lakeland Bank in 1999 as Executive Vice President of Retail Banking and was appointed Executive Vice President of the Bank’s Financial Services Division in 2009.

His responsibilities include the oversight of Municipal Banking, Wealth Management, Cash Management and Business Development.

Prior to joining Lakeland, Mr. Buonforte, with over 35 years of sales and retail banking experience, was Senior Vice President and Regional Manager at National Community Bank and its successor, Bank of New York. There he was responsible for marketing retail banking products and services to consumer and small business markets for the Bank

Mr. Buonforte is currently a Trustee of the Passaic County 200 Club, a William Paterson University Business College advisory board member, an advisory board member of Montclair State University’s Music College.

He holds a Bachelor of Science in Business Administration Degree, Magna Cum Laude, in Economics and Accounting from Nichols College in Dudley, MA. Mr. Buonforte is also a graduate, with honors, of the Stonier Graduate School of Banking, University of Delaware. He is a Certified Financial Planner and holds a Series 7 and 63 FINRA license.

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Paul Ho-Sing-Loy

Paul Ho-Sing-Loy

Executive Vice President / Chief Information Officer

5729 Berkshire Valley Road
Oak Ridge, NJ 07438

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Paul Ho-Sing-Loy joined Lakeland Bank in 2017 as Executive Vice President, Chief Information Officer based in Oak Ridge. Mr. Ho-Sing-Loy is responsible for further developing and leading the information technology strategy for the Bank.

Ho-Sing-Loy’s extensive industry experience spans more than 30 years and was most recently Senior Vice President, Business Solutions at Associated Bank, a regional bank with $29 billion in assets headquartered in Wisconsin. Prior to that, he served as divisional Chief Technology Officer for Bank of America in San Francisco and Wells Fargo Bank in San Francisco.

He earned a bachelor’s degree in computer science from Cornell University.

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James R. Noonan

James R. Noonan

Executive Vice President / Chief Credit Officer

250 Oak Ridge Road
Oak Ridge, NJ 07438

Email
Office
973-208-6223

Mr. Noonan joined Lakeland Bank in 2004 as Chief Credit Officer, where he oversees Credit Administration and is responsible for loan review, collections, special assets, commercial appraisal control and the Credit Department.

Mr. Noonan’s banking career began at People’s Trust of New Jersey and continued through mergers to United Jersey Bank, Summit Bank, and Fleet National Bank. His experience includes commercial lending, asset based lending, international lending, credit policy and risk management.

A graduate of SUNY New Paltz, Mr. Noonan received his MBA from Fairleigh Dickinson University. He has taught courses for AIB in loan negotiations and customer calling skills.

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Stephen Novak

Stephen Novak

Executive Vice President / Sr. Commercial Real Estate Officer & Group Leader

64 Crescent Ave
Waldwick, NJ 07643

Office
201-847-7692
Direct
201-847-7692 ext. 2
Email

Stephen Novak is an Executive Vice President, Senior Commercial Real Estate Officer and Group Leader for several of Lakeland Bank’s lending teams.  Mr. Novak joined Lakeland Bank in 2001 and has a banking career that spans 30 years, including his tenure with Independence Bank of New Jersey and Commerce Bank. 

In addition to his position with Lakeland Bank, Mr. Novak is active within the community including several board/trustee/membership positions with local not-for-profit organizations, charities and various trade organizations, including Commerce and Industry of New Jersey and NAIOP.  Mr. Novak serves as the trustee/treasurer for Allendale Housing Inc., which is a not-for-profit organization that is active in the development of housing for low to moderate income developmentally disabled individuals.

Mr. Novak received his Associates Degree in Business from Bergen Community College and both his Bachelors Degree in Finance/Economics and his MBA in Finance from Montclair State University.  Mr. Novak is also a graduate of The Stonier Graduate School of Banking and the Wharton Leadership Program.

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Michael A. Schutzer

Michael A. Schutzer

Executive Vice President / Regional President

2120 West County Line Road
Jackson, NJ 08527

Office
732-719-3710
Email

Mr. Schutzer is the Regional President for the Ocean County Region. In that role, he will be responsible for the coordination of client relationship transition related to the acquisition of Harmony Bank as well as the development of new client relationships. He serves as a member of the Executive Loan Committee, ALM Committee and Pricing Committee and is an active participant in other management level activities.

Mr. Schutzer was formerly the President and CEO of Mariner's Bank and a Senior Vice President at PNC, responsible for PNC's nationwide real estate lending platform in the United States. He began his career at The First National Bank of Chicago in 1983 and rose to Vice President and Manager of Real Estate Lending in their NYC office.

Mr. Schutzer earned his MBA in accounting and finance from the University of North Carolina at Chapel Hill and Bachelor of Arts degree from Bucknell University.Mr. Schutzer is a past Director of the New Jersey Bankers Association and past President of the Community Bankers Association of New Jersey. He is also a past member of the Planning and Advisory Board of the Kislak Real Estate Institute at Monmouth University.

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David S. Yanagisawa

David S. Yanagisawa

Executive Vice President / Senior Loan Officer / Commercial Lending

250 Oak Ridge Road
Oak Ridge, NJ 07438

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Mr. Yanagisawa joined Lakeland in November 2008 as Chief Lending Officer. Mr. Yanagisawa has over 45 years’ experience in commercial banking, including Senior Loan Officer for TD Bank in the Northern New Jersey market. Before TD Bank’s acquisition of Hudson United Bank in 2006, Mr. Yanagisawa had been with Hudson United Bank for nine years. Prior to Hudson United, he held various senior lending positions through successive mergers, with Bergen State Bank, Citizens First National Bank of NJ, NatWest Bank and Fleet National Bank.

He is a member of the Garden State Credit Associates, the 200 Club of Bergen County and Risk Management Associates and is a former board member of the Volunteer Center of Bergen County.

Mr. Yanagisawa holds MBA and Bachelor’s degrees from Fairleigh Dickinson University and advanced banking degrees from The Stonier Graduate School of Banking and The Graduate Commercial Lending School.

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