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Get filing alertsHanover Bancorp appoints Kevin O'Connor as President to lead Long Island expansion
Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read
Key Changes
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Kevin O'Connor appointed President of Hanover Bancorp and Hanover Community Bank effective July 27, 2026, bringing 35+ years of banking experience including prior CEO roles at Dime Community Bank and Bridgehampton National Bank.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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O'Connor will focus on expansion and regional growth throughout the Long Island market by strengthening client relationships and unlocking new business opportunities; CEO Michael Puorro continues as Chairman, President and Chief Executive Officer.
Exhibit 99.1 view on EDGAR → -
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Compensation includes base salary aligned with senior executives, eligibility for annual incentive compensation based on performance criteria, and initial restricted stock award of 10,000 shares vesting over five years.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Hanover Bancorp appointed Kevin O'Connor as President of both the holding company and Hanover Community Bank effective July 27, 2026. O'Connor brings over 35 years of banking experience, most recently serving as Long Island Market President at Valley Bank. He previously led Bridgehampton National Bank as CEO/President from 2007 through its 2021 merger with Dime Community Bank, where he continued as CEO.
Management characterized the appointment as strategic for executing growth plans in what they view as an underserved Long Island market, citing O'Connor's deep market knowledge, relationship-driven approach, and credibility within the Wall Street community.
The appointment creates a dual-President structure: O'Connor takes the President title while CEO Michael Puorro retains his existing Chairman, President and Chief Executive Officer titles. O'Connor's compensation package includes a base salary commensurate with other senior executives (specific amount not disclosed), eligibility for annual short-term and long-term incentive compensation tied to performance criteria, and an initial 10,000-share restricted stock award vesting over five years. For retail holders, this represents a bet on experienced regional leadership to drive organic growth in Hanover's core Long Island market.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Mr. O’Connor brings more than 35 years of banking experience to Hanover Bank. He most recently served as Long Island Market President at Valley Bank. Prior to Valley, he served as Chief Executive Officer of Dime Community Bank, the successor organization to Bridgehampton National Bank following the 2021 merger between the two institutions. Mr. O’Connor served as Chief Executive Officer and President of Bridgehampton National Bank beginning in 2007, leading the Long Island-based institution through a period of significant organic growth and financial success.
O'Connor brings over 35 years of banking experience, most recently as Long Island Market President at Valley Bank. He previously served as CEO of Dime Community Bank and CEO/President of Bridgehampton National Bank from 2007, where he led significant organic growth. His deep Long Island market knowledge and relationship-driven approach are expected to support Hanover's regional expansion strategy.
Added in current filing · view on EDGAR →
Kevin is a highly respected banking leader whose deep market knowledge, relationship-driven approach and longstanding commitment to Long Island will be an outstanding addition to Hanover Bank ... Kevin’s reputation and credibility within the Wall Street community will be complementary as we leverage our experience in an effort to successfully execute our growth strategies and maximize shareholder value.
Management views O'Connor's appointment as strategic for executing growth plans in the Long Island market, which they characterize as underserved. CEO Puorro highlighted O'Connor's Wall Street community credibility as complementary to the company's efforts to maximize shareholder value through regional expansion and client service delivery.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 28, 2026 · How we verify