Derrick Cephas Net Worth

Derrick Cephas biography

Derrick D. Cephas Esq. serves as Independent Director of the Company. He is a partner at Weil, Gotshal & Manges LLP, an international full service law firm headquartered in New York City. Mr. Cephas has broad-based experience in representing commercial banks, thrift institutions, bank holding companies and foreign banking corporations in a wide range of regulatory and transactional matters. Prior to joining Weil, Mr. Cephas served as President and Chief Executive Officer of Amalgamated Bank, then a $4.5 billion commercial bank headquartered in New York City. Previously, he was a banking and corporate law partner in the New York office of Cadwalader, Wickersham & Taft. Prior to Cadwalader, Mr. Cephas served as the Superintendent of Banks for the State of New York from 1991 to 1994. He is a former member of the Board of Directors of the Dime Savings Bank of New York, Merrill Lynch International Bank and D.E. Shaw & Co. Inc. He is currently a Director of the Fresh Air Fund. He is a former member of the Board of Directors of the Empire State Development Corporation, the New York City Board of Correction and the New York City Housing Authority. He is also a former member of the Board of Advisors for The Mayor’s Fund to Advance New York City. Mr. Cephas’ significant experience in public policy matters relating to the banking industry led the Board to conclude that he should be a member of our Board.

What is the salary of Derrick Cephas?

As the Independent Director of Signature Bank, the total compensation of Derrick Cephas at Signature Bank is $388,850. There are 13 executives at Signature Bank getting paid more, with Joseph DePaolo having the highest compensation of $7,830,540.