OLNEY, Md., Feb. 1, 2011 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq:SASR), the parent company of Sandy Spring Bank, announced that Executive Vice President and Chief Operating Officer Frank Small retired on January 31, 2011 as planned, and Chief Information Officer John D. Sadowski was promoted to Executive Vice President, effective today.
Sadowski, 47, joined Sandy Spring Bank in March 2009 as Chief Information Officer. He has over 25 years of experience in financial services systems and operations including 14 years with T. Rowe Price where he had responsibility for a broad range of functional areas and was a two-time winner of the T. Rowe Price Management Excellence Award. Sadowski is a graduate of Loyola College and holds an MBA from Johns Hopkins University.
In addition to managing the information technology and deposit operations divisions at Sandy Spring Bank, Sadowski's promotion to executive vice president will make him a member of the Bank's executive management team. "John is an outstanding leader," said Daniel J. Schrider, President and Chief Executive Officer, "and his depth of management experience makes him a strong addition to our company. As we welcome John to the executive team, we fondly say good-bye to Frank Small," continued Schrider.
Small, a 40-year banking veteran, came to Sandy Spring in 1990 to oversee the retail branch system. He was promoted to Chief Operating Officer in 2002 and participated in the Company's significant growth over two decades. "I am grateful for the opportunities and strong support that has fostered a long and rewarding career," said Mr. Small, "and I leave with great confidence in the commitment Dan and the board have made in keeping Sandy Spring Bank a highly successful, community-based company."
About Sandy Spring Bancorp, Inc. / Sandy Spring Bank
With $3.5 billion in assets, Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Sandy Spring Bancorp is the oldest and largest publicly traded banking company headquartered and operating in Maryland. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring Bank was founded in 1868 and offers a broad range of commercial banking, retail banking and trust services through 43 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, and in Fairfax and Loudoun counties in Virginia. Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of leasing, insurance and investment management services. Visit to locate an ATM near you or for more information about Sandy Spring Bank.
The Sandy Spring Bancorp, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4138
CONTACT: Daniel J. Schrider, President & Chief Executive Officer, or Philip J. Mantua, Executive V.P. & Chief Financial Officer Sandy Spring Bancorp 17801 Georgia Avenue Olney, Maryland 20832 1-800-399-5919 E-mail: DSchrider@sandyspringbank.com PMantua@sandyspringbank.com Web site: www.sandyspringbank.com