Thrift - Hires and Fires
| Investors Bancorp elects 3 board members |  | November 04, 2009 5:50 PM ET By Zeeshan Zafar
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Investors Bancorp Inc. (MHC) said in a Form 8-K Nov. 3 that Patrick Grant, Kevin Cummings and Joseph Shepard III were elected to its board at the Oct. 27 annual meeting of stockholders. Each of the three directors will serve on the company's board for a three-year term. The company also said John Kirkpatrick retired from the boards of the company and unit Investors Savings Bank (MHC), effective Oct. 27. Kirkpatrick, a retired managing partner of KPMG LLP, had been serving as a board member since 1992. In addition, the size of the boards of both the entities was reduced to 11 members. And the company's board approved a change in its fiscal year-end to Dec. 31 from June 30, effective at the end of the quarter ending Dec. 31 with the filing of the company's Form 10-K. |