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Get filing alertsProvident Financial Services promotes Adriano Duarte to CFO, succeeding retired Thomas Lyons
Filed June 23, 2026 · Period ending June 18, 2026 · ~1 min read
Key Changes
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Adriano Duarte appointed EVP and CFO effective July 1, 2026, succeeding Thomas Lyons who retired after 20+ years. Duarte joined in 2020 via SB One Bank acquisition and most recently served as Chief Accounting Officer.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Duarte will lead all finance functions including accounting, FP&A, treasury, investor relations, corporate strategy, financial reporting, tax, facilities, and financial risk management. He brings 30+ years of banking experience.
Exhibit 99.1 view on EDGAR → -
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Director James P. Dunigan retired from the Board after more than eight years of service, with no indication of disagreement or unusual circumstances.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Provident Financial Services executed a planned CFO succession, promoting internal candidate Adriano Duarte to replace retiring CFO Thomas Lyons effective July 1, 2026. Duarte joined Provident in 2020 through the SB One Bank acquisition and has served as Chief Accounting Officer, giving him deep institutional knowledge of the company's financial operations. His 30+ years of banking experience spans financial leadership, M&A integration, and regulatory reporting—relevant credentials for a regional bank CFO role.
The succession appears orderly: Lyons retired after a 20+ year tenure, and Duarte's internal promotion suggests continuity in financial strategy and reporting. The company also disclosed the retirement of director James Dunigan after eight years of board service, a routine governance matter with no indication of disagreement. For PFS shareholders, this is a standard leadership transition at a regional bank with no immediate operational or strategic implications.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Provident Bank, a leading New Jersey-based financial institution, announced today the appointment of Adriano Duarte to Executive Vice President and Chief Financial Officer of Provident Bank and Provident Financial Services, Inc. (NYSE: PFS), effective July 1, 2026. In his new role, Mr. Duarte will lead all aspects of the Finance organization, including accounting, financial planning and analysis, treasury, investor relations, corporate strategy, financial reporting, tax, facilities, and financial risk management.
Adriano Duarte was appointed EVP and CFO effective July 1, 2026, leading all finance functions including accounting, FP&A, treasury, investor relations, corporate strategy, financial reporting, tax, facilities, and financial risk management. He will report to CEO Anthony Labozzetta and serve on the Executive Leadership Team.
Added in current filing · view on EDGAR →
Mr. Duarte joined Provident in 2020 through the acquisition of SB One Bank and most recently served as Executive Vice President and Chief Accounting Officer. In that role, he led the bank’s accounting, financial reporting, financial planning and analysis, tax, facilities, and investor relations functions while helping advance several strategic initiatives designed to enhance performance and support long-term growth. With more than 30 years of banking and financial services experience, Mr. Duarte has built a distinguished career in financial leadership, balance sheet management, mergers and acquisitions, financial planning and analysis, regulatory and SEC reporting, and investor relations.
Duarte joined Provident in 2020 through the SB One Bank acquisition and most recently served as EVP and Chief Accounting Officer. He has over 30 years of banking experience in financial leadership, balance sheet management, M&A, FP&A, regulatory and SEC reporting, and investor relations. Prior to Provident, he was CFO of SB One Bank and held senior finance roles at SB One Bank and Investors Bank.
Added in current filing · view on EDGAR →
Mr. Duarte succeeds Thomas Lyons, who retired after a distinguished career spanning more than two decades with Provident.
Thomas Lyons, the prior CFO, retired after more than 20 years with Provident. The filing characterizes this as a retirement following a distinguished career, indicating a planned succession rather than an abrupt departure.
Event · Item 7.01 — Regulation FD Disclosure
Provident Financial Services appointed a new Chief Financial Officer, disclosed via press release.
Added in current filing · verify on EDGAR →
A copy of the press release announcing Mr. Duarte's appointment to Chief Financial Officer is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The company appointed Mr. Duarte as Chief Financial Officer. The 8-K references a press release with details but does not provide the effective date, prior role, or background information in the body text. Investors should review Exhibit 99.1 for complete appointment details.
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On June 23, 2026, Adriano Duarte CPA, currently Executive Vice President and Chief Accounting Officer of the Company, was appointed to the role of Executive Vice President and Chief Financial Officer of the Company, effective July 1, 2026. In his new role Mr. Duarte will be responsible for leading all aspects of the Finance organization, including accounting, financial planning and analysis, treasury, investor relations, corporate strategy, financial reporting, tax, facilities, and financial risk management.
Adriano Duarte, the current Chief Accounting Officer, was promoted to Chief Financial Officer effective July 1, 2026. He will retain his CAO responsibilities while taking on expanded leadership of the entire Finance organization. This is an internal promotion of an existing executive officer.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 23, 2026 · How we verify