Lakeland Bank Announces Promotion and Appoints New Officer (Novak and Carlucci)

Oak Ridge, N.J. – October 13, 2015 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following promotion and officer appointment for the Bank’s Bergen County Lending Team.

Stephen C. Novak, First Senior Vice President, Division Head, Commercial Real Estate Group. In addition to his current responsibilities, Novak has been promoted to manage both the Wyckoff and Teaneck Lending Teams in the Bergen County market. Additionally, he will have a leadership role in the integration of the Pascack Community Bank lending staff into Lakeland. Novak joined the Bank in 2001 as vice president, team leader of the Wyckoff commercial lending group, and was promoted to senior vice president, team leader in 2007. In 2014, he was promoted to his current position. He earned an associate degree in business from Bergen Community College, and a bachelor’s degree in finance/economics and a master’s in finance from Montclair State University. Novak serves as a trustee for Allendale Housing Inc. and a trustee with the Bergen Community College Foundation. Novak resides in Allendale, N.J.

Leonard Carlucci, appointed to Senior Vice President, Team Leader, Wyckoff. Carlucci joins the Bank with 25 years of banking and commercial lending experience most recently as Senior Vice President, Commercial Real Estate with Oritani Bank located in the Township of Washington, N.J. Prior to that, he was Vice President, Senior Commercial Lending Officer at Columbia Bank in Fairlawn, N.J. Carlucci has a bachelor’s degree in accounting from William Paterson University. He is a former treasurer and chairman of the North Jersey Regional Chamber of Commerce, and is an assistant coach for both Pequannock Little League and Holy Spirit School CYO basketball. Carlucci is a resident of Lincoln Park, N.J.

About Lakeland Bank

Lakeland Bancorp (LBAI), the holding company for Lakeland Bank, has $3.7 billion in total assets with 48 branch offices, five regional lending centers, and two loan production offices spanning Bergen, Essex, Middlesex, Morris, Passaic, Somerset, Sussex, Union and Warren counties in New Jersey, and the Hudson Valley region of New York. Lakeland Bank offers an extensive array of consumer and commercial products and services, including online and mobile banking, localized commercial lending teams, and 24-hour or less turnaround time on consumer loan applications. For more information about the full line of products and services, visit LakelandBank.com.

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