Thomas Shara, President and CEO of Lakeland Bank Named to ROI-NJ Influencers Power List 2024 - February 8, 2024

Thomas J. Shara, President and CEO of Lakeland Bank has been named to the ROI-NJ Influencers Power 2024 List as a top influencer in the Finance industry. Shara has provided leadership and guidance through challenging economic conditions, driven the Bank's organic growth and expansion through strategic M&A, and has demonstrated a deep commitment to community service.

Lakeland Bank congratulates Tom, as well as members of our board of directors: Brian Gragnolati, James E. Hanson, and Lawrence R. Inserra, Jr., who have also been named to the ROI-NJ Influences Power 2024 list in their areas of expertise.

Established in 2017, the annual ROI-NJ Influencers Power List is comprised of New Jersey's most influential players, representing the best and brightest in their respective sector. The final selection is based on an evaluation of input from a variety of industry insiders, as well as nominations.

Thomas J. Shara, President and Chief Executive Officer, Lakeland Bancorp, Inc. and Lakeland Bank

Mr. Shara was named President and Chief Executive Officer of Lakeland Bancorp, Inc. and Lakeland Bank effective April 2, 2008. Prior to joining Lakeland Bank, Mr. Shara served as President and Chief Lending Officer of TD Banknorth's (now TD Bank) Mid-Atlantic Division, which includes New Jersey, New York and Pennsylvania. Prior to TD Banknorth acquiring Hudson United Bank, Mr. Shara was Executive Vice President and Senior Loan Officer of HUBCO, a $9 billion commercial bank, where he oversaw organic growth and was responsible for integrating over 30 acquisitions.

Mr. Shara serves on the Board of Trustees of the Boys and Girls Club of Paterson and Passaic, N.J., and the Board of Directors of the Commerce and Industry Association of New Jersey. He also serves on the Board of Governors of the Ramapo College Foundation and is a Foundation Officer on the Board of Trustees of Chilton Medical Center Foundation. Mr. Shara earned a master's degree in business administration as well as a Bachelor of Science from Fairleigh Dickinson University.

Brian Gragnolati, Director since 2020, President and CEO of Atlantic Health System

Mr. Gragnolati is President and CEO of Atlantic Health System, an integrated health care delivery system with 20,000 employees that serves more than half the state of New Jersey. He is former Chairman of the Board of Trustees of the American Hospital Association (AHA) and has twice been presented the AHA's Partnership for Action Grassroots Champion Award, which honors a hospital leader who has effectively educated elected officials on major issues affecting hospitals, while advocating for patients and the community. Mr. Gragnolati also serves as Executive Partner of Concord Health Partners, an investment firm focused on healthcare innovation, and serves as a Director of Revology, a technology-enabled healthcare revenue cycle management firm. He holds a bachelor's degree in Health Systems Analysis from the University of Connecticut, an MBA from Western New England College, and an Executive Leadership Certificate from the JFK School at Harvard University.

James E. Hanson II, Director since 2018, President and CEO of The Hampshire Companies

Mr. Hanson oversees the operation and investment activities of The Hampshire Companies and its funds. He has over 40 years of real estate investment management and operational experience. Mr. Hanson is currently a Council Member of the New Jersey State Investment Council; a Commissioner and currently President of the Palisades Interstate Park Commission; a Member of the Board of Directors of the New Jersey Chamber of Commerce; and formerly served as an Executive-In-Residence and Co-Chair of the Board of Advisors for the Center of Real Estate Studies at Rutgers Business School. Mr. Hanson earned a bachelor's degree from Hope College and a juris doctor degree from Vermont Law School, and has served as Trustee for both schools.

Lawrence R. Inserra, Jr., Chairman of the Board and CEO of Inserra Supermarkets, Inc.

Mr. Inserra is Chairman of the Board & CEO of Inserra Supermarkets, one of the largest family-owned and operated supermarket chains in the metropolitan area, which operates twenty-three ShopRite stores throughout New Jersey and New York. The company was founded in 1954 in Lyndhurst NJ.

He holds a number of leadership positions, both professionally and philanthropically including Wakefern Food Corporation board member. He currently serves as the Chairman of both the Hackensack Meridian Health Foundation & Hackensack Meridian Health Carrier Clinic. Larry is also a member of the Board of Directors of Commerce and Industry Association of New Jersey and Lakeland Bank. Mr. Inserra is also a board member of the Food Industry Alliance of New York.

He has served as a director of Pascack Community Bank from 2011 until the closing of the merger with Lakeland Bank, and as a member of the Pascack's compliance committee.

Mr. Inserra holds a Bachelor of Science Degree in Business and Economics from Lehigh University.

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