Tom Cestare

Tom is an experienced financial industry executive with substantive financial services and investment experience. Tom has over 30 years of experience in managing the financial risks of major companies, as well as capital deployment, strategic financial planning and reporting. Tom was most recently Executive Vice President and Chief Financial Officer from 2010-2019 at Beneficial Bancorp, a $4.7 billion bank with over $240 million in revenue. At Beneficial, Tom managed a team of 65+ members.

Prior to Beneficial, Tom was the Executive Vice President and Chief Accounting Officer of Sovereign Bancorp, Inc., a $92 billion Philadelphia bank. Additionally, Tom comes to us with an in depth experience in dealing with ESOP companies and assuring favorable stockholder returns. Beneficial Savings Bank was an ESOP Company, with the ESOP owning 6% of their outstanding units.


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