The OceanFirst Financial CEO discusses the transition to Biden administration, Janet Yellen's upcoming tenure as Treasury secretary and why Congress should not have left town without passing a new stimulus plan.

Matthew Remo, who previously held the role of vice president and senior enterprise risk officer, will now be responsible for the development and formalization of the company’s business strategy.

In the New Jersey area, a total of $380,300 in grants were awarded to 10 organizations across the tri-state area.

The Iselin-based accounting, tax and business advisory services firm, said the event will cover principles for effective and innovative leadership, including how to define vision, display courage in decision-making and exhibit irrefutable integrity.

Seven in 10 Newark businesses applied for relief through the city's COVID relief fund. And three in four Newark small business owners were unsure if they can pay their rent as the pandemic's economic impact took a toll on small businesses in Newark and nationwide.

Two of the company's latest targets are in New Jersey: Fairways Insurance of Cinnaminson and O'Neill & Associates Inc. in Trenton. The others are in Virginia, South Carolina and Kansas.

Grants between $5,000 and $25,000 went to nonprofits across New Jersey and Pennsylvania within the areas of community enrichment, education and health, youth and families.

Elena Richards will lead the firm’s national team and work closely with the management team and board of directors to advance KPMG’s Accelerate 2025 initiative. She will be based out of the firm's Montvale office.

The funding covers three warehouse properties across northern New Jersey.

Created to provide customized solutions for commercial real estate bridge lenders, the offering provides up to $50 million per borrower to finance the senior position of bridge loans secured on commercial real estate properties in New Jersey, New York, Massachusetts and Pennsylvania.

First Executive Vice President and Chief Operating Officer Jane Allerman-Rey's new position is effective at the start of 2021.

The East Rutherford bank's fraud department brought on Richard Smith as vice president security and fraud officer while Brent Ciurlino joins as executive vice president and chief risk officer.