On Oct. 27, 2025, Dime Community Bancshares, Inc. (NASDAQ: DCOM) issued a press release announcing a senior‑executive succession plan. The company disclosed that its current chief executive officer, Conrad, will transition his day‑to‑day responsibilities to Tom, who has been named Chief Commercial Officer, over the next couple of months.
Tom was brought into Dime in February of the same year to deepen the management bench and diversify the commercial banking platform. Since joining, he has contributed to the bank’s growth trajectory and is positioned to take on the CEO role as part of the succession plan.
In addition, the release noted that Avi, who has served as chief financial officer, will expand his responsibilities to include all client‑facing deposit businesses, the branch network, municipal banking, private client groups, and treasury management. Avi will assume the title of Chief Operating Officer, further aligning operational oversight with the bank’s strategic objectives.
The announcement signals a clear leadership transition aimed at sustaining Dime’s growth momentum while ensuring continuity in executive oversight. The move is material to investors, as it involves the CEO and COO positions and reflects the company’s long‑term succession strategy.
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