Greg Macfarlane comes to the role from Casper Sleep Inc., where he most recently served as chief operating and financial officer.

“Our strong focus on talent development and mobility is critical to our success as a team and it is more important than ever to have dedicated, experienced leaders ... who truly understand the peace of mind our products bring our customers during times of crisis and market volatility," said Head of Investment and Pension Solutions Scott Gaul.

Theresa Hinton takes over for retiring Ellen McSherry, who served in the role since 1991.

The deal would create the state’s third-largest headquartered bank.

John Fitzgerald, the president and CEO of Magyar Bank, will serve as first vice chairman and Christopher Maher, chairman, president and CEO of OceanFirst Bank, will be second vice chairman.

The Wayne-based institution was one of 50 to make the S&P Global Intelligence list.

The deal would create a combined company with approximately $7.37 billion in assets.

Community Development Financial Institutions work in low-income communities to expand economic opportunity by providing access to financial products and services for local residents and businesses.

The Montclair-based firm is also eligible to receive up to approximately $87 million in potential future payments.

The institutions entered a definitive merger agreement valued at more than $94 million in December.

The Short Hills-based community bank expanded its team serving small- and mid-size enterprises with leaders for Central and South Jersey and New York.

The Garden State company making the biggest gains this year? That'd be Burlington Stores, which jumped 27 spots.