Announcement

Thomas Shara Installed As NJ Bankers Chair

Fitzgerald, Maher To Serve As Vice Chairs

Keith Griffin

June 2, 2020

Lakeland Bank president and CEO Thomas Shara

The New Jersey Bankers Association installed Lakeland Bank president and CEO Thomas Shara as chairman of for the 2020-2021 fiscal year. John Fitzgerald, Magyar Bank president and CEO, will serve as first vice chairman and Christopher Maher, chairman, president and CEO of OceanFirst Bank, will be second vice chairman.

According to a NJBiz story, Shara has led Oak Ridge-based Lakeland since 2008 after holding executive positions at what is now TD Bank’s Mid-Atlantic division, which includes New Jersey. He was serving as executive vice president and senior loan officer at Hudson United Bank when it was acquired by TD Bank. In that role, Shara ran the integration of more than 30 acquisitions, according to NJBankers.

He is a trustee of the Boys and Girls Club of Paterson and Passaic, a director of the Commerce and Industry Association of New Jersey and serves on the board of governors of the Ramapo College Foundation and the Chilton Medical Center Foundation.

Fitzgerald joined New Brunswick-based Magyar Bank in 2001 and established its Commercial Lending Department. He later served as chief operating officer and was named CEO in 2010.

He serves as vice chairman of the board of trustees of the State Theater in New Brunswick. He is also a former member of the Dunellen Board of Education and a past president of the Community Bankers Association.

Maher has worked at Toms River-based OceanFirst since 2013, joining after a stint as president and CEO of Patriot National Bancorp. He also served as executive vice president of Dime Savings Bank.

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