On June 7, 2017, the Sterling Bancorp announced that effective July 1, 2017, James Peoples, a named executive officer of the company, will transition to the role of advisor to the company with the title of Senior Advisor, continuing to work closely with Company management. Mr. Peoples currently serves as Senior Executive Vice President of the company and the company’s wholly-owned subsidiary, Sterling National Bank, a national banking association and Chief Banking Officer of the Bank. The company also announced that effective July 5, 2017, Rodney Whitwell, a named executive officer of the company, will transition from the role of Chief Operating Officer of the Company and the Bank to Chief Administrative Officer. Mr. Whitwell also serves as Senior Executive Vice President and will maintain this title. The company announced the appointment of Christina Favilla who will join the company and the Bank as Senior Executive Vice President and Chief Operating Officer, effective July 5, 2017. Ms. Favilla, a seasoned banking and financial services professional, age 50, previously served as the Chief Operating Officer of GE Capital since February 2012.