Metropolitan Bank Holding Corp. Promotes Treasurer Daniel F. Dougherty To CFO, Effective November 6, 2023
Portfolio Pulse from Benzinga Newsdesk
Metropolitan Bank Holding Corp. (MCB) has promoted Daniel F. Dougherty to Executive Vice President and Chief Financial Officer, effective from November 6, 2023. Dougherty, who joined the bank in July 2022 as First Vice President and Treasurer, will replace Greg Sigrist following his resignation on October 31, 2023. In his new role, Dougherty will oversee treasury, investor relations, tax, capital planning, accounting, and financial reporting.
November 06, 2023 | 9:33 pm
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POSITIVE IMPACT
Daniel F. Dougherty's promotion to CFO could bring stability and growth to MCB, given his proven track record in asset/liability and liquidity management. His appointment may be seen positively by investors.
The appointment of a new CFO is a significant event for a company. Given Dougherty's experience and proven track record, this could be seen as a positive move by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100