Kenneth T. Neilson

Kenneth T. Neilson (June 20, 1948) is an American banker and business executive. He is the current president and chief executive officer of Patriot National Bancorp, Inc. and Patriot Bank, N.A., which he has led since March 2013. He has served as director since October 2010.[1]

Kenneth T. Neilson
Born (1948-06-20) June 20, 1948
Brooklyn, NY, United States
Alma materSt. Olaf College (BBA)
Rutgers University (M.B.A.)
OccupationPresident/CEO at Patriot National Bancorp
Board member ofPatriot National Bancorp, Inc., Quinnipiac University

Early life

Neilson was born in Brooklyn, NY. He graduated from St. Olaf College in Northfield, Minnesota, and the Stonier Graduate School of Banking in Philadelphia, Pennsylvania at Rutgers University.[2]

Career

In 2010, Neilson joined the board of Patriot National Bancorp, Inc. In March 2013, he became president and chief executive officer of the Company and Bank.[1] Under his leadership, Patriot National Bank has reported at least 10 quarters of increased earnings.[3]

Prior to joining Patriot, Neilson served as president and CEO of Hudson United Bancorp, Inc. and Hudson United Bank from 1989–2006, and was named chairman of the board in 1996. He joined the company in 1983 and served as First Senior Vice President/Senior Lending Officer and Assistant to the President. As President, he negotiated 32 banking acquisitions and grew the bank from $550 million in assets to $9 billion assets and ranking among the top 10% most profitable community banks in the United States. During that time, the bank also expanded from 15 branches in New Jersey to 204 bank locations throughout New Jersey, Connecticut, New York and Pennsylvania. In 2006, TD Bank purchased Hudson United Bancorp, Inc. and Neilson retired.[4]

Neilson was previously with The Summit Bancorporation and American National Bank.[5]

Neilson is the past chairman of the New Jersey Bankers Association and the Hudson County Chamber of Commerce.[5]

Awards and board positions

In 2005, the Ramapo College Foundation named him a Distinguished Citizens Honoree.[6]

In 2006, Neilson was inducted into Qunnipiac University's Business Leader Hall of Fame.[7]

He currently serves as a board member of Quinnipiac University in Hamden, Connecticut.[1]

References
  1. Inc, Patriot National Bancorp. "Patriot National Bancorp Appoints Kenneth Neilson as President and Chief Executive Officer". GlobeNewswire News Room. Retrieved 2016-04-21.
  2. "Reuters.com". Reuters. Retrieved 2016-04-21.
  3. "Summary of PATRIOT NATIONAL BANCORP INC - Yahoo! Finance". biz.yahoo.com. Retrieved 2016-04-21.
  4. "Once-Struggling Conn. Bank Gains Investor, Appetite for M&A". American Banker. Retrieved 2016-04-21.
  5. "Neilson, Kenneth T. - The Wall Street Transcript". The Wall Street Transcript. Retrieved 2016-04-21.
  6. "Past Honorees - Distinguished Citizens Dinner || Ramapo College of New Jersey". Distinguished Citizens Dinner. Retrieved 2016-04-21.
  7. University, Quinnipiac. "Business Leader Hall of Fame". Quinnipiac University. Retrieved 2016-04-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.