ORIT - Oritani Financial Corp.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Oritani Financial Corp.

370 Pascack Road
Washington Township, NJ 07676
United States
201-664-5400
http://www.oritani.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees194

Key Executives

NameTitlePayExercisedYear Born
Mr. Kevin J. LynchChairman, Pres & CEO1.01M1.77M1946
Mr. John M. Fields Jr.Exec. VP, CFO & Director735.65kN/A1963
Mr. Philip M. WyksSr. VP & Corp. Sec.392.88k55.18k1954
Mr. Louis A. ManderinoChief Credit Officer, Chief Risk Officer & Exec. VP551.61kN/A1955
Mr. Kurt BreitensteinExec. VP & Chief Lending Officer273.13kN/A1968
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Oritani Financial Corp. operates as a savings and loan holding company for Oritani Bank that provides various banking services for individual and corporate customers. The company accepts a range of deposit products, such as non-interest and interest-bearing demand and NOW checking accounts, money market deposit accounts, savings accounts, retirement accounts, and time deposits. Its loan products include residential commercial real estate loans comprising mortgage loans secured by apartment buildings; commercial real estate loans, consisting of mortgage loans secured by retail anchor shopping centers, commercial offices, retail space, warehouses, and mixed-use buildings; residential real estate loans, such as one to four family residential real property and home equity loans; and second mortgage and equity loans, and home equity lines of credit, as well as construction loans. The company also invests in securities and real estate properties. As of June 30, 2018, it operated 25 full service branches in Bergen, Hudson, Essex, and Passaic counties, New Jersey; and lending offices in New York City and Cherry Hill, New Jersey. Oritani Financial Corp. was founded in 1911 and is headquartered in Washington Township, New Jersey.

Corporate Governance

Oritani Financial Corp.’s ISS Governance QualityScore as of April 1, 2019 is 8. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 7; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.