Valley National Bancorp Appoints Travis Lan As Chief Financial Officer

Oct 30, 2024•9 months ago

Position

Chief Financial Officer

Company

Valley National Bancorp

Travis Lan

MorristownBankingFinanceFinancial Services

Description

Valley National Bancorp announced a significant change in its executive team, with the departure of Michael Hagedorn from the role of Senior Executive Vice President and Chief Financial Officer, effective November 30, 2024. Travis Lan, the current Executive Vice President and Deputy Chief Financial Officer, will step into the CFO role following Hagedorn's departure. The company will commence a search for a new Chief Financial Officer, considering both internal and external candidates.

Company Information

Company

Valley National Bancorp

Location

Morristown, New Jersey, United States

About

Valley is more than just a financial institution; it’s your trusted partner in building a brighter future. With a strong presence across the U.S., Valley has been serving communities since 1927. For over 95 years, our dedicated team has focused on creating better banking opportunities for our customers while fostering growth and prosperity in the communities we serve. Offering personalized financial solutions, comprehensive banking services, home mortgages, commercial lending, and wealth management, we’re here to support you in achieving your financial goals, no matter the size.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

Related People

Travis hidden