FORT LEE, N.J., Dec. 19, 2013 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), the holding company of Bank of New Jersey, today announced that its Board of Directors has appointed Michael Lesler as President and Chief Executive Officer, effective immediately. Mr. Lesler has served as the President and Chief Operating Officer of the Company and the Bank since June 2009, and is Vice Chairman of the Board of Directors. He served as Executive Vice President and Chief Financial Officer from the Bank's inception through June 2009.
Albert F. Buzzetti, who had served as Chairman of the Board and Chief Executive Officer of the Company and the Bank since their inception, passed away on December 13, 2013.
Mr. Lesler has been an officer of the Company and the Bank since their inception. Mr. Lesler's performance as President demonstrated to the Board that he is well qualified for his new position and for leading Bank of New Jersey forward.In connection with Mr. Lesler's promotion, the Board of Directors also appointed Richard Capone as Senior Vice President and Chief Financial Officer of the Company and the Bank, effective immediately. Mr. Capone has served as a Senior Vice President and the Controller of the Bank since August 17, 2009. Bank of New Jersey, headquartered at 1365 Palisade Avenue, Fort Lee, New Jersey, offers convenient hours and a high level of service for traditional consumer and commercial products and services. The Bank, currently, has 9 branch offices located in Fort Lee (3 locations), Hackensack, Haworth, Harrington Park, Englewood, Cliffside Park and Woodcliff Lake. A tenth location, in Englewood Cliffs, NJ, has received regulatory approvals from the FDIC and the NJDOBI. All locations are in Bergen County, NJ. For more information about Bank of New Jersey and its products and services, please visit http://www.bonj.net or call 201-944-8600. If you would like to receive future Bancorp of New Jersey announcements electronically, please email us at firstname.lastname@example.org.