Blue Foundry Bancorp, the holding company for Blue Foundry Bank, announced on April 25 that Kelly Pecoraro is expected to be appointed executive vice president and chief financial officer on May 18 during its board of directors meeting.
Pecoraro, a certified public accountant, comes to Blue Foundry from Investors Bank, where she was executive vice president, chief accounting officer and comptroller of the $28 billion bank operating in the New York metro area. Citizens Financial Group Inc. announced April 7 that it completed its $3.5 billion acquisition of Investors Bancorp.
“We are excited to welcome Ms. Pecoraro to Blue Foundry’s executive leadership team,” James Nesci, Blue Foundry president and CEO, said in a statement. “Her years of experience as a finance executive at a large, fast growing regional bank will prove to be invaluable at Blue Foundry.”
Pecoraro also has served as an audit professional at KPMG.
In August 2021, Blue Foundry announced it had opened its new 40,000-square-foot corporate hub in Parsippany.