Amalgamated Financial Corporation Welcomes Steven S. SaLoutos and Tony Wells to its Board of Directors
Amalgamated Financial Corp. (Nasdaq: AMAL) has announced the appointment of two new members to its Board of Directors: Steven SaLoutos and Tony Wells. Both individuals will also serve on the Board of Directors of Amalgamated Bank.
Mr. SaLoutos joins with significant banking industry experience, currently serving as CFO of ProSight Financial Association after a 38-year career at U.S. Bank. He brings expertise in consumer and business banking, along with experience in supporting community development through his work with Wisconsin Women Business Initiative Corporation.
Mr. Wells brings nearly four decades of executive leadership experience across regulated industries. He currently serves as a Venture Partner at AZ-VC and holds board positions at Nexstar Media Group (NASDAQ: NXST) and Yelp (NYSE: YELP). His previous roles include Chief Media Officer at Verizon and Chief Brand Officer at USAA.
Amalgamated Financial Corp. (Nasdaq: AMAL) ha annunciato la nomina di due nuovi membri nel suo Consiglio di Amministrazione: Steven SaLoutos e Tony Wells. Entrambi faranno parte anche del Consiglio di Amministrazione di Amalgamated Bank.
Il Sig. SaLoutos arriva con una vasta esperienza nel settore bancario, attualmente ricopre il ruolo di CFO presso ProSight Financial Association dopo una carriera di 38 anni presso U.S. Bank. Porta con sé competenze nel banking al consumo e business, oltre a un’esperienza nel supporto allo sviluppo comunitario grazie al suo lavoro con la Wisconsin Women Business Initiative Corporation.
Il Sig. Wells offre quasi quattro decenni di esperienza in ruoli di leadership esecutiva in industrie regolamentate. Attualmente è Venture Partner presso AZ-VC e membro del consiglio di amministrazione di Nexstar Media Group (NASDAQ: NXST) e Yelp (NYSE: YELP). In passato ha ricoperto i ruoli di Chief Media Officer in Verizon e Chief Brand Officer in USAA.
Amalgamated Financial Corp. (Nasdaq: AMAL) ha anunciado el nombramiento de dos nuevos miembros en su Junta Directiva: Steven SaLoutos y Tony Wells. Ambos también formarán parte de la Junta Directiva de Amalgamated Bank.
El Sr. SaLoutos aporta una amplia experiencia en la industria bancaria, actualmente se desempeña como CFO de ProSight Financial Association tras una carrera de 38 años en U.S. Bank. Posee conocimientos en banca de consumo y empresarial, además de experiencia en apoyo al desarrollo comunitario a través de su trabajo con Wisconsin Women Business Initiative Corporation.
El Sr. Wells aporta casi cuatro décadas de liderazgo ejecutivo en industrias reguladas. Actualmente es Venture Partner en AZ-VC y forma parte de los consejos de Nexstar Media Group (NASDAQ: NXST) y Yelp (NYSE: YELP). Anteriormente fue Chief Media Officer en Verizon y Chief Brand Officer en USAA.
Amalgamated Financial Corp. (나스닥: AMAL)는 이사회에 두 명의 신규 이사, 스티븐 살루토스와 토니 웰스를 임명했다고 발표했습니다. 두 사람 모두 Amalgamated Bank 이사회에도 참여할 예정입니다.
살루토스 씨는 은행업계에서 풍부한 경험을 갖고 있으며, 현재 ProSight Financial Association의 CFO로 재직 중입니다. 그는 미국은행(U.S. Bank)에서 38년간 근무한 경력을 보유하고 있으며, 소비자 및 기업 금융 분야의 전문 지식과 위스콘신 여성 비즈니스 이니셔티브 코퍼레이션을 통한 지역사회 개발 지원 경험을 가지고 있습니다.
웰스 씨는 거의 40년에 달하는 경영 리더십 경험을 갖고 있으며, 현재 AZ-VC의 벤처 파트너로 활동 중입니다. 또한 Nexstar Media Group (NASDAQ: NXST)과 Yelp (NYSE: YELP)의 이사회 멤버이기도 합니다. 이전에는 Verizon의 최고 미디어 책임자 및 USAA의 최고 브랜드 책임자를 역임했습니다.
Amalgamated Financial Corp. (Nasdaq : AMAL) a annoncé la nomination de deux nouveaux membres à son conseil d'administration : Steven SaLoutos et Tony Wells. Les deux feront également partie du conseil d'administration de la banque Amalgamated.
M. SaLoutos apporte une solide expérience dans le secteur bancaire, occupant actuellement le poste de CFO chez ProSight Financial Association après une carrière de 38 ans chez U.S. Bank. Il possède une expertise en banque de détail et d'entreprise, ainsi qu'une expérience dans le soutien au développement communautaire grâce à son travail avec la Wisconsin Women Business Initiative Corporation.
M. Wells cumule près de quarante ans d'expérience en leadership exécutif dans des industries réglementées. Il est actuellement Venture Partner chez AZ-VC et siège aux conseils d'administration de Nexstar Media Group (NASDAQ : NXST) et Yelp (NYSE : YELP). Ses fonctions précédentes incluent Chief Media Officer chez Verizon et Chief Brand Officer chez USAA.
Amalgamated Financial Corp. (Nasdaq: AMAL) hat die Ernennung von zwei neuen Mitgliedern in seinen Vorstand bekannt gegeben: Steven SaLoutos und Tony Wells. Beide werden auch im Vorstand der Amalgamated Bank tätig sein.
Herr SaLoutos bringt umfangreiche Erfahrung aus der Bankenbranche mit und ist derzeit CFO bei ProSight Financial Association, nach einer 38-jährigen Karriere bei der U.S. Bank. Er verfügt über Expertise im Privat- und Geschäftskundengeschäft sowie Erfahrung in der Unterstützung der Gemeindeentwicklung durch seine Arbeit mit der Wisconsin Women Business Initiative Corporation.
Herr Wells bringt fast vier Jahrzehnte Führungserfahrung in regulierten Branchen mit. Derzeit ist er Venture Partner bei AZ-VC und Mitglied der Vorstände von Nexstar Media Group (NASDAQ: NXST) und Yelp (NYSE: YELP). Zuvor war er Chief Media Officer bei Verizon und Chief Brand Officer bei USAA.
- Both new directors bring extensive experience in regulated industries including banking and financial services
- Addition of directors with strong backgrounds in both profitability and social impact
- Expansion of board expertise with leaders experienced in consumer banking, media, and venture capital
- None.
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL), today announced the addition of two new board members to their Board of Directors, Steven SaLoutos and Tony Wells. They will also serve on the Board of Directors of Amalgamated Bank.
“We are thrilled to welcome Steven and Tony to our Board of Directors,” said Lynne Fox, Chair of the Board. “Our board has always included industry experts who know that profitability and social impact are not mutually exclusive. Steven and Tony have demonstrated this throughout their respective careers, and we know that they both will make valuable contributions to our board and future growth.”
Mr. SaLoutos brings extensive expertise in the banking industry and a strong background in directorship. He is presently the Chief Financial Officer of ProSight Financial Association, following a distinguished 38-year career at U.S. Bank, N.A. His most recent position there was Executive Vice President and Midwest Regional Executive in Consumer and Business Banking.
An active community supporter, Mr. SaLoutos is a member and former Chairperson of Wisconsin Women Business Initiative Corporation (WWBIC), a Community Development Financial Institution (CDFI) focused on startup and early-stage business lending for and education of women and minority-owned businesses throughout Wisconsin. Mr. SaLoutos holds a BBA degree from the University of Wisconsin-Whitewater, and an MBA, from the University of Wisconsin-Madison.
Mr. Wells brings nearly four decades of executive leadership across highly regulated industries including banking, payment services, telecommunications, and energy. He currently serves as a Venture Partner at AZ-VC, Arizona’s largest venture capital fund, and sits on the boards of publicly traded Nexstar Media Group (NASDAQ: NXST), Yelp (NYSE: YELP) and private ad-tech company TripleLift.
Previously, Mr. Wells served as Chief Media Officer at Verizon from 2021 to 2023, and as a senior marketing executive at USAA from 2017 to 2021, culminating in his role as Chief Brand Officer. While at USAA, he also chaired both the USAA Foundation and the USAA Education Foundation, advancing initiatives in financial literacy, diversity, and customer trust. A former Marine Corps infantry officer, Mr. Wells holds a B.S. from the United States Naval Academy and a Management Certificate from Johns Hopkins University Carey School of Business.
“Both men bring a wealth of expertise across multiple industries and disciplines, along with powerful strategic perspectives. Their insights will be invaluable as we continue to accelerate our growth and expand our impact.” said Priscilla Sims Brown, CEO of Amalgamated Bank
“The passion and purpose they've demonstrated align with those of Amalgamated, and we are excited to welcome them as valued members of our board.”
About Amalgamated Financial Corp:
Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly owned subsidiary, Amalgamated Bank. Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of five branches across New York City, Washington D.C., and San Francisco, and a commercial office in Boston. Amalgamated Bank was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country's oldest labor unions. Amalgamated Bank provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated Bank is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation®. As of March 31, 2025, our total assets were
Investor Contact:
Jamie Lillis
Solebury Strategic Communications
shareholderrelations@amalgamatedbank.com
800-895-4172
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