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Officers & Directors

Officers & Directors

Executive Management

Douglas C. Manditch
Douglas C. Manditch
Chairman of the Board, Chief Executive Officer & Secretary
Douglas C. Manditch

Douglas C. Manditch has served as the Chairman of the Board and Chief Executive Officer of Empire Bancorp and Empire National Bank since their respective inceptions. Mr. Manditch is a 52 year veteran of the banking industry and has served his entire banking career on and around Long Island. As Chief Executive Officer, Mr. Manditch is responsible for strategic planning, budgeting, profit planning, and lending activities. He is also the Bank's primary contact to the community and provides leadership in key community activities, including business, civic, charitable and social organizations, to promote the Bank's corporate citizenship and to ascertain the credit needs of the community.

Previously, he served as President and Chief Executive Officer and a director of Long Island Commercial Bank and its holding company, Long Island Financial Corp., from its formation in 1987 until its sale to New York Community Bancorp, Inc. in December 2005. Shortly following the acquisition and his appointment as Senior Executive Vice President and Chief Operating Officer of New York Commercial Bank, he resigned to organize this bank. He also held senior management positions with National Bank of New York City, North Fork Bank and First National Bank of Long Island. He began his banking career in 1965 at Security National Bank.

In addition to his banking activities, Mr. Manditch serves on the Board of The Clark Gillies Foundation; the YMCA of Long Island; Island Harvest; as immediate past Chairman of Independent Bankers Association of New York; and the Richard J. O'Brien Foundation. He previously served as Chairman of the Advancement for Commerce, Industry and Technology (ACIT), the New York Bankers Association, Long Island Division and the Monsignor Thomas Hartman Foundation for Parkinson's Research, Inc.; Vice Chairman of the Honorary Board of the Suffolk Coalition Against Domestic Violence; an Honorary Member of The Friends of Sagamore Hill; the Theodore Roosevelt Council of the Boy Scouts of America; Vice Chairman of the Board of Trustees of St. Charles Hospital in Port Jefferson; and Trustee of the Long Island Museum of American Art, History & Carriages in Stony Brook.

Thomas M. Buonaiuto
Thomas M. Buonaiuto
President, Chief Operating Officer & Assistant Secretary
Thomas M. Buonaiuto

Thomas M. Buonaiuto has served as President and Chief Operating Officer, and a director of Empire Bancorp and Empire National Bank since their respective inceptions. As President and Chief Operating Officer, Mr. Buonaiuto is responsible for all day-to-day management of Empire Bancorp and the Bank. These responsibilities include, but are not limited to, strategic planning, budgeting, operations and retail functions, and asset/liability management. Before becoming the Bank’s President and Chief Operating Officer, Mr. Buonaiuto served as Executive Vice President and Chief Financial Officer of Union State Bank, a $2.9 billion asset New York state commercial bank that was listed on the New York Stock Exchange, until its acquisition by KeyCorp in 2007. Prior to this, Mr. Buonaiuto was Executive Vice President and Chief Financial Officer of the Long Island Commercial Bank, and its holding company Long Island Financial Corp., and served in that capacity until its acquisition by New York Community Bancorp in 2005.

Mr. Buonaiuto is a graduate of Long Island University-C.W. Post, where he earned a Bachelor of Science degree in Accounting. He is also licensed by the State of New York as a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and a member of the New York State Society of Certified Public Accountants. In addition, he is a former Board President and present Board Member of the Child Care Council of Suffolk, Inc. and former trustee and Chairman of the Long Island Museum of American Art, History & Carriages in Stony Brook. Mr. Buonaiuto is also a Trustee and on the Executive Board of Advisors of the College of Management at LIU Post; a Board Member of the Ride for Life; and a member of The Energeia Partnership, a leading academy dedicated to identifying and addressing the serious, complex and multidimensional issues challenging the Long Island region.

Board of Directors

Douglas C. Manditch
Douglas C. Manditch
Chairman
Douglas C. Manditch

Douglas C. Manditch has served as the Chairman of the Board and Chief Executive Officer of Empire Bancorp and Empire National Bank since their respective inceptions. Mr. Manditch is a 52 year veteran of the banking industry and has served his entire banking career on and around Long Island. As Chief Executive Officer, Mr. Manditch is responsible for strategic planning, budgeting, profit planning, and lending activities. He is also the Bank's primary contact to the community and provides leadership in key community activities, including business, civic, charitable and social organizations, to promote the Bank's corporate citizenship and to ascertain the credit needs of the community.

Previously, he served as President and Chief Executive Officer and a director of Long Island Commercial Bank and its holding company, Long Island Financial Corp., from its formation in 1987 until its sale to New York Community Bancorp, Inc. in December 2005. Shortly following the acquisition and his appointment as Senior Executive Vice President and Chief Operating Officer of New York Commercial Bank, he resigned to organize this bank. He also held senior management positions with National Bank of New York City, North Fork Bank and First National Bank of Long Island. He began his banking career in 1965 at Security National Bank.

In addition to his banking activities, Mr. Manditch serves on the Board of The Clark Gillies Foundation; the YMCA of Long Island; Island Harvest; as immediate past Chairman of Independent Bankers Association of New York; and the Richard J. O'Brien Foundation. He previously served as Chairman of the Advancement for Commerce, Industry and Technology (ACIT), the New York Bankers Association, Long Island Division and the Monsignor Thomas Hartman Foundation for Parkinson's Research, Inc.; Vice Chairman of the Honorary Board of the Suffolk Coalition Against Domestic Violence; an Honorary Member of The Friends of Sagamore Hill; the Theodore Roosevelt Council of the Boy Scouts of America; Vice Chairman of the Board of Trustees of St. Charles Hospital in Port Jefferson; and Trustee of the Long Island Museum of American Art, History & Carriages in Stony Brook.

Thomas M. Buonaiuto
Thomas M. Buonaiuto
Thomas M. Buonaiuto

Thomas M. Buonaiuto has served as President and Chief Operating Officer, and a director of Empire Bancorp and Empire National Bank since their respective inceptions. As President and Chief Operating Officer, Mr. Buonaiuto is responsible for all day-to-day management of Empire Bancorp and the Bank. These responsibilities include, but are not limited to, strategic planning, budgeting, operations and retail functions, and asset/liability management. Before becoming the Bank’s President and Chief Operating Officer, Mr. Buonaiuto served as Executive Vice President and Chief Financial Officer of Union State Bank, a $2.9 billion asset New York state commercial bank that was listed on the New York Stock Exchange, until its acquisition by KeyCorp in 2007. Prior to this, Mr. Buonaiuto was Executive Vice President and Chief Financial Officer of the Long Island Commercial Bank, and its holding company Long Island Financial Corp., and served in that capacity until its acquisition by New York Community Bancorp in 2005.

Mr. Buonaiuto is a graduate of Long Island University-C.W. Post, where he earned a Bachelor of Science degree in Accounting. He is also licensed by the State of New York as a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and a member of the New York State Society of Certified Public Accountants. In addition, he is a former Board President and present Board Member of the Child Care Council of Suffolk, Inc. and former trustee and Chairman of the Long Island Museum of American Art, History & Carriages in Stony Brook. Mr. Buonaiuto is also a Trustee and on the Executive Board of Advisors of the College of Management at LIU Post; a Board Member of the Ride for Life; and a member of The Energeia Partnership, a leading academy dedicated to identifying and addressing the serious, complex and multidimensional issues challenging the Long Island region.

Francis F. Boulton
Francis F. Boulton
Francis F. Boulton

Francis F. Boulton is the Owner and Chief Executive Officer of the Long Island Ducks, a minor league baseball team. He has owned and operated many successful minor league franchises, including the Prince William Cannons, the Albany-Colonie Yankees, the Wilmington Blue Rocks and the Atlantic City Surf. He is also the former Owner of the Long Island Rough Riders Professional Soccer Team, 2002 D3 National Champions. In addition to his ownership interests, Mr. Boulton is the Founder and Chief Executive Officer of the Atlantic League of Professional Baseball. Mr. Boulton graduated from Villanova University in 1972 with a B.S. in Finance. Following graduation, he started a 23-year career on Wall Street in the U.S. Treasury and Mortgage backed bond industry. He retired from Smith Barney in 1994 as Senior Managing Director of the Government Bond Department. He returned to Wall Street in 1996 to serve as the Senior Executive Vice President in charge of the Fixed Income Department for Yamaichi America, and served in this capacity until 1999. Mr. Boulton is also actively involved in many charitable organizations serving the communities to be served by the Bank. In 2003, he announced the formation of the QuackerJack Foundation, a charitable organization focused on Long Island causes and initiatives. Recently, he opened the Boulton Center for the Performing Arts, a state of the art venue for expanded cultural arts offerings. Mr. Boulton has also been responsible for the development of the YMCA in Bay Shore and has been tireless in his efforts to improve the Bay Shore area. In May 2003, he was recognized for his efforts in the community and Long Island sports, when he was inducted into the Suffolk County Sports Hall of Fame. He has been a Director of Empire National Bank since 2008.

John P. Bracken
John P. Bracken
John P. Bracken

John P. Bracken, Esq. was formerly the managing partner of Bracken, Margolin & Besunder, LLP in Islandia, New York, which specializes in real estate, commercial and general litigation at the trial and appellate level. Currently, he is a member of the Board of Directors of the Martin County Library Foundation and of the Advisory Committee for Monarch Country Club; both are located in Florida. Mr. Bracken is a member and Past President (1992- 1993) of the New York State Bar Association, as well as a member and Past President (1984 – 1985) of the Suffolk County Bar Association. In 2008, he was inducted into the American College of Trial Lawyers. In addition to his legal career, Mr. Bracken served for three years as a director of Continental Bank prior to its acquisition by Reliance Federal Savings Bank in 1997. He previously served as a Captain in the United States Marine Corps. Mr. Bracken is a graduate of Hobart College and Fordham University Law School in New York.

John D. Caffrey Jr.
John D. Caffrey Jr.
Vice Chairman
John D. Caffrey Jr.

John D. Caffrey is the owner of Castle Financial Advisors, LLC and Castle Asset Management, LLC, located in Hauppauge, New York. Mr. Caffrey is a Certified Financial Planner certificant and has worked in the financial services industry for more than twenty years. He is a cum laude graduate of the State University of New York Oswego, where he earned a Bachelor of Science degree in Accounting, with a minor in Economics. He received his Certified Financial Planner designation through study with the College of Financial Planning in Denver, Colorado in July 1988. He is a Member of the Financial Planning Association and is a registered representative of Purshe Kaplan Sterling Investments. In addition to his business activities, he sits on the Advisory Board of Directors of Splashes of Hope and served as Treasurer between 2003 and 2006. He has been a Director of Empire National Bank since 2008.

John L. Ciarelli
John L. Ciarelli
John L. Ciarelli

John L. Ciarelli is of Counsel to the firm of Sinnreich Kosakoff & Messina LLP, a full service law firm in Central Islip, New York. His practice emphasizes zoning, land use, real estate, commercial and general litigation and criminal law. Mr. Ciarelli is a former Assistant District Attorney for Suffolk County as well as former Counsel for Smithtown & St. James Water Districts and Smithtown Board Zoning Appeals. Mr. Ciarelli is an active member of the New York State Bar Association and a Past President of both the Suffolk County Criminal Bar Association and the Suffolk County Columbian Lawyers Bar Association.

A resident of St. James, Mr. Ciarelli is a past director of the YMCA of Long Island, Inc. Mr. Ciarelli presently sits on the Board of Directors of the Brookhaven YMCA. He also has substantial bank board experience having served on the Board of Directors of Long Island Commercial Bank, and its holding company Long Island Financial Corp., from its inception in 1989 through its acquisition by New York Community Bancorp in 2005.

Mr. Ciarelli is a graduate of the State University of New York, Stony Brook, where he earned his Bachelor of Arts degree and later served there as an adjunct professor of Political Science from 1999 – 2003. He received his law degree from St. John’s University School of Law in 1976. He has served on the Boards of Directors of Empire Bancorp and Empire National Bank since their respective inceptions.

Alan M. Coren
Alan M. Coren
Alan M. Coren

Dr. Alan M. Coren is the president of West Hills Animal Hospital P. C. Dr. Coren organized the hospital in May 1982 and grew it to become one of Long Island’s largest, most respected veterinary practices. He is an active member of the American Veterinary Medical Association, New York State Veterinary Medical Society, Long Island Veterinary Medical Association and American Animal Hospital Association, among others. He is a graduate of Cornell University, where he earned Phi Zeta honors in 1980. Dr. Coren also serves on the Executive Board of the Alumni Association of Cornell Veterinary School. In addition, he provides veterinary care to the Guide Dog Foundation, East Coast Assistance Dogs, and Canine Companions for Independence. He has been a director of Empire National Bank since 2008.

Larry R. Davis
Larry R. Davis
Larry R. Davis

Larry R. Davis is a principal in the law firm of Davis & Prager, P.C. located in Patchogue, New York and is currently admitted to practice in the States of New York and Connecticut. Mr. Davis concentrates his law practice in the area of real estate development, including real estate transactions, subdivision of property, zoning use, land planning and development. He is currently an active member of the Long Island Builders Institute in which he currently occupies a position on the Board of Directors for the organization. Mr. Davis is also a Member of the Suffolk County Bar Association and is on the advisory panel of First American Title Company of New York. Mr. Davis grew up in Hauppauge, New York and is a graduate of Hauppauge High School (class of 1980). After earning his Bachelor of Science degree from the State University of New York at Old Westbury, he was a store manager for Burger King Corporation before joining Structural Technology, Inc., one of Long Island's leading residential builders and developers of the time. During this time, Mr. Davis also attended Touro Law School and received his Juris Doctor degree. He has also served as a volunteer with the Flanders Fire Department. He has been a Director of Empire National Bank since 2008.

Frank A. DiFazio
Frank A. DiFazio
Frank A. DiFazio

Frank A. DiFazio is President of Dekal Services, Inc. He previously served as Chief Executive Officer of DiFazio Electric from 1972 through 2008. Mr. DiFazio previously served as a Director of Long Island Commercial Bank and its holding company Long Island Financial Corp., for two years prior to its acquisition by New York Community Bancorp in 2005. He also was the Founder and President of DiFazio Electric NY, Inc. a leading electrical contracting company for over thirteen years serving the greater New York Metropolitan area and Westchester County, in New York. He is Chairman of the Board of DiFazio Power and Electric since 2008. In addition to his professional contributions, Mr. DiFazio has served the communities in which he has worked and lived both in the professional, industrial and philanthropic sectors serving for ten years as a Director and Trustee of Good Samaritan Medical Center Bay Shore, for nine years as an Advisory Member of the New York Chapter of the American Cancer Society, for six years as a Trustee of the Media Institute of Georgetown University, for twenty-three years as Chairman of the Suffolk County Consumer Affairs Licensing Board, for twenty years as a Member of the National Electrical Contractor's Association and the Nassau/Suffolk Building Trades Association and as a Director of Guardian Angel Orphanage. He has been a Director of Empire National Bank since 2008.

Robert D. Falese Jr.
Robert D. Falese Jr.
Robert D. Falese Jr.

Robert D. Falese has more than 40 years of experience in banking and currently serves as a consultant to Patriot Financial Partners, L.P., a private equity firm with more than $500 million in assets under management focused on investing in community banks, thrifts and financial service related companies throughout the United States. Mr. Falese has served as a director of Empire Bancorp and Empire National Bank since 2015 and was recently reclassified from a Class III to a Class II director to ensure that each director class was of equal size. In additional, Mr. Falese currently serves on the Board of Freedom Bank of Virginia, a $500 million community bank serving the Northern Virginia and Washington DC markets. Prior to joining Patriot Financial Partners and serving as a director for Freedom Bank of Virginia, Mr. Falese served as Chairman for Commercial Banking for TD Bank, N.A. from 2007 to 2009. From 1992 through its acquisition by TD Bank, N.A. in 2007, Mr. Falese served in numerous senior executive officer positions with Commerce Bank, N.A. including as President, Commercial and Investment Banking, from 2004 to 2007. During his tenure at Commerce Bank, the bank grew from $800 million to $50 billion and from 10 offices to 450 offices. Mr. Falese was directly responsible for hiring and developing senior managers to fuel the bank’s growth and directing the bank’s lending and investment banking activities, which grew ten percent or more each year with sound credit metrics. Between 1969 and 1992, Mr. Falese held various senior management positions at Fidelity Bank, N.A. and First Pennsylvania Bank. Mr. Falese is a graduate of St. Joseph’s University, where he earned a Bachelor of Science in Economics, and of Drexel University, where he earned a Master of Business Administration. He also completed the Executive Management Development Program at Duke University.

Mr. Falese served as a Trustee, Vice Chairman and Chairman of the Board for St. Joseph’s University from 2007 to 2014. He also serves as a Director for NHS Enterprises And formerly served as a Director for NHS Human Services, a $500 million revenue company serving developmentally disabled, autistic and special needs adults and children In Pennsylvania and six other states.

Salvatore Ferro
Salvatore Ferro
Salvatore Ferro

Salvatore Ferro is the president, CEO and owner of Alure Home Improvements, a premier residential remodeling company on Long Island since 1946. He is an eight-time remodeler for the ABC hit show Extreme Makeover: Home Edition and has received countless design and build awards from industry organizations, including induction into the Business Hall of Fame at SUNY Farmingdale; and the Long Island Press Power List Hall of Fame. In addition, he is an award-recipient recognized as the Long Island Business News CEO of the Year & ICON of Long Island and the LIA Humanitarian of the Year.

Mr. Ferro is also an active member in the community who has helped raise money for not-for-profit organizations. In his ongoing commitment to the community, Mr. Ferro is on The Clark Gillies Foundation, a not-for-profit organization developed to assist children who are physically, mentally or financially challenged; The Interfaith Nutrition Network, a charity that focuses on raising money for homeless shelters and soup kitchens; Community Chest of Long Island, an on-going fund to provide immediate, short-term financial support to needy individuals and families on Long Island; Family Services League, who provides social programs for the less fortunate, The Farmingdale College Foundation; and The Advisory Council of the Suffolk Boy Scouts. Mr. Ferro serves as President of the Long Island Builders Institute, the Long Island Chapter of the NYS Builders Association. He has served on the Board of Directors of Empire Bancorp and Empire National Bank since their respective inceptions.

Mukesh Kumar Patel
Mukesh Kumar Patel
Mukesh Kumar Patel

Mukeshkumar Patel has over 30 years of experience in hospitality, commercial real estate and small business financing. Currently, he is President of Mayur Corporation. From 1983 to 2015, he also served as President and co-owner of the Shirley Motel. Prior to his career in business, Mr. Patel worked in the pharmaceutical manufacturing industry.


Mr. Patel is an avid supporter of children’s health and education programs in both the US and India. He has a Master of Science degree in Product Engineering from Maharaja Saiyaji Rao University and a Bachelor of Science in Chemical Engineering from Sardar Vallavbhai in India. He has served as bank director since 2008.
Charles C. Russo
Charles C. Russo
Charles C. Russo

Charles C. Russo is the Senior Partner and Founder of Russo, Karl, Widmaier & Cordano, PLLC in Hauppauge, New York. He is a graduate of University of Vermont, C.W. Post and Hofstra Law School in 1978. He is a respected Member of the Suffolk County Bar Association, an Associate Justice, and an Adjunct Professor of Criminal Justice at Suffolk Community College. In addition to the volunteer work within his community, Mr. Russo and the firm of Russo, Karl, Widmaier & Cordano, PLLC provide free legal services to Hope House Ministries and its residents and has established a legal clinic for the homeless of Suffolk County. Mr. Russo has served as Chairman of the Board of Hope House Ministries for the past twenty-nine years. He also is the Chair of the Nassau Suffolk Homeless Coalition and is the Founder and driving force behind the charitable organizations Christmas Magic, which seeks to enhance the holiday spirit for families living in various shelters and programs in Suffolk County, Giving Tree Camp and Every Child’s Dream. He has been a Director of Empire National Bank since 2008.

Joseph S. Tantillo Jr.
Joseph S. Tantillo Jr.
Joseph S. Tantillo Jr.

Joseph S. Tantillo is the Founder and President of Nassau Suffolk Electrical & Mechanical, a full service provider of plumbing, heating, electrical and HVAC services on Long Island. He also serves as Chairman of the St. Charles Hospital Board of Trustees, a position to which he was appointed in 2005, after serving on various board and committee levels for the previous seven years. Currently, Mr. Tantillo serves as Vice Chair of Catholic Health Services (CHS) Eastern Regional Board with oversight of St. Charles Hospital, Good Samaritan Hospital and St. Catherine’s Hospital. He also sits on the CHS Board. A philanthropic community Businessman, Mr. Tantillo has organized fundraisers across the island for such charities as the St. Charles Hospital and the Tomorrow's Children's Fund at Hackensack Medical Center. He has been a Director of Empire National Bank since 2008.

Paul Jude Tonna
Paul Jude Tonna
Paul Jude Tonna

Paul Tonna is Molloy College’s Executive Director for The Energeia Partnership, a leading academy dedicated to identifying and addressing the serious, complex and multi-dimensional issues challenging the Long Island, New York region. Concurrently, he serves as managing partner of Praxis Public Relations located in Huntington, New York. From 1990 to 2010, he worked with Professional Evaluation Medical Services, where he most recently served as the company’s Chief Executive Officer. Concurrently, during his tenure at Professional Evaluation Medical Services, from 1994 to 2005, he served as a Suffolk County Legislator and was chosen by his fellow legislators to serve as its Presiding Officer for three years (2000 – 2002). Mr. Tonna is former Adjunct Professor in Theology & Religious Studies at St. John’s University. He serves as: Chairman, NuHealth Foundation; Vice Chairman of The Long Island Regional Planning Council; Trustee of the Long Island State Parks & Recreation Commission and Public Trustee of the Stationary Engineer’s Industry Stabilization Fund. Mr. Tonna is a board member of: Health & Welfare Council of LI, United Way LI, Advanced Energy Research & Technology Center, Energeia Board of Advisors, The Long Island Index Advisory Board and Erase Racism’s College of Advisors. Mr. Tonna serves as a Chairman & Commissioner of the South Huntington Water District. Mr. Tonna has received many awards and honors for his community service activities, including Molloy College’s Caritas Medal, St. John’s University St. Vincent De Paul Medal, Suffolk County Human Rights Commission Legislator of the Year, National Association of Social Workers Public Citizen of the Year, Habitat for Humanity Man of the Year and The Nature Conservancy’s Conservation Award Recipient; Networking Magazine’s David Award; Long Island Business News 50 Around 50 Award, Dr. Martin Luther King, Jr. Commission Public Service Award and achieved the rank of Eagle Scout. Mr. Tonna earned an undergraduate degree in philosophy from New York University, a Masters of Arts degree in theology from Immaculate Conception Seminary and conducted doctoral studies in systematic theology at Fordham University. He resides in Huntington, New York. He has been a director since 2008.

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