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Provident Financial Services, Inc. and Provident Bank Appoint Michael E. Regan to the Boards of Directors

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Provident Financial Services (NYSE:PFS) appointed Michael E. Regan to the boards of the Company and Provident Bank, effective July 30, 2026. According to the Company, Regan is a veteran financial regulatory executive with over 35 years of FDIC experience overseeing safety, soundness, governance, and risk management across community, regional, and complex institutions.

As a Senior Bank Examiner at the FDIC, he led safety and soundness examinations for banks from $100 million to over $100 billion in assets, advised boards on governance and enterprise risk, and reviewed merger and acquisition applications. He holds a B.S. in Finance from Rider University.

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ISELIN, N.J., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (the "Company") announced today that Michael E. Regan has been appointed to the boards of directors of the Company and its wholly owned subsidiary, Provident Bank, effective July 30, 2026.

Mr. Regan is a seasoned financial regulatory executive with more than 35 years of experience overseeing the safety, soundness, governance, and risk management practices of community, regional, and complex financial institutions. During his distinguished career with the Federal Deposit Insurance Corporation (FDIC), he advised boards of directors and executive leadership teams on corporate governance, enterprise risk management, capital adequacy, liquidity oversight, and regulatory compliance.

As a Senior Bank Examiner with the FDIC, Mr. Regan led complex safety and soundness examinations for financial institutions ranging in size from $100 million to more than $100 billion in assets. He regularly presented examination findings and strategic recommendations to board audit and risk committees, providing independent assessments of credit risk, operational resilience, cybersecurity preparedness, internal controls, and executive oversight. Throughout his career, he also supervised multidisciplinary examination teams, reviewed merger and acquisition applications, and advised on governance practices, succession planning, and executive compensation risk alignment.

"We are pleased to welcome Mike to the boards of Provident Financial Services and Provident Bank," said Christopher Martin, Executive Chairman. "Mike brings exceptional regulatory expertise and a distinguished career dedicated to helping financial institutions strengthen governance, manage risk, and operate safely and soundly. His experience advising boards of directors and executive leadership teams across institutions of all sizes will provide valuable perspective as we continue to execute our strategic priorities, uphold strong corporate governance, and create long-term value for our shareholders. We look forward to benefiting from his insight and counsel."

"I am honored to join the boards of Provident Financial Services and Provident Bank," said Mr. Regan. "Throughout my career, I have appreciated the important role strong governance, prudent risk management, and a customer-focused culture play in building successful financial institutions. Provident has earned an outstanding reputation in each of these areas, and I look forward to working with Chris, my fellow directors, and Tony and the executive leadership team to help support the Company's continued growth and long-term success."

Mr. Regan holds a Bachelor of Science in Finance from Rider University. Throughout his career, he has been recognized for providing independent oversight and strategic guidance on enterprise risk management, regulatory relations, governance effectiveness, and sustainable institutional performance.

About the Company
Provident Financial Services, Inc. is the holding company for Provident Bank, a community-oriented bank offering "Commitment you can count on" since 1839. Provident Bank provides a comprehensive array of financial products and services through its network of branches throughout New Jersey, Bucks, Lehigh and Northampton counties in Pennsylvania, as well as Orange, Queens and Nassau Counties in New York. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc.

Media Contact:
Keith Buscio
Director of Public Relations & Communications
Keith.Buscio@provident.bank


FAQ

Who is Michael E. Regan, newly appointed to the Provident Financial Services (NYSE:PFS) board?

Michael E. Regan is a seasoned financial regulatory executive with over 35 years at the FDIC. According to Provident Financial Services, he led complex safety and soundness examinations and advised boards on governance, risk management, capital, liquidity, and regulatory compliance.

When did Provident Financial Services (NYSE:PFS) appoint Michael E. Regan to its board of directors?

Provident Financial Services appointed Michael E. Regan to its and Provident Bank’s boards effective July 30, 2026. According to the Company, the appointment was announced on August 4, 2026, strengthening board expertise in regulation, governance, and risk management oversight.

What experience does Michael E. Regan bring to the Provident Financial Services (PFS) board?

Michael E. Regan brings more than 35 years of financial regulatory experience from the FDIC. According to Provident Financial Services, he has overseen safety and soundness, governance, risk management, and advised boards and executives at institutions from $100 million to over $100 billion in assets.

How might Michael E. Regan’s FDIC background support Provident Financial Services (NYSE:PFS) governance?

Michael E. Regan’s FDIC background provides deep expertise in safety, soundness, and governance oversight. According to Provident Financial Services, he has delivered independent assessments of credit risk, operational resilience, cybersecurity preparedness, internal controls, and executive oversight to bank boards and risk committees.

What education does Michael E. Regan, director at Provident Financial Services (PFS), have?

Michael E. Regan holds a Bachelor of Science in Finance from Rider University. According to Provident Financial Services, he has been recognized throughout his career for independent oversight and strategic guidance on enterprise risk management, regulatory relations, governance effectiveness, and sustainable institutional performance.

What will Michael E. Regan’s role be at Provident Financial Services (NYSE:PFS) and Provident Bank?

Michael E. Regan will serve on the boards of directors of Provident Financial Services and Provident Bank. According to the Company, he is expected to contribute regulatory, governance, and risk management insight as the organization pursues strategic priorities and long-term shareholder value creation.