John kanas net worth
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Kanas will remain as chair of Florida-based BankUnited.
Thomas Cornish, currently president of BankUnited's Florida region, will replace Singh as chief operating officer. The new positions become effective January 1, 2017. "Raj has been a proven partner of mine, and I am excited about and proud to see him step into his new role," Kanas noted re the succession.
Building Strong Mid-Sized Banks
The Kanas era in banking stemmed from his acumen and leadership in mid-sized regional banks. John Kanas turned several local banks into powerhouses, the first from a small local institution and the second from the depth of the financial crisis.
Kanasheaded North Fork Bancorp in Melville, New York for almost 30 years. He was a local
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John Kanas burst onto the business scene in South Florida as part of an investment team that took over the remnants of BankUnited after it was seized by regulators during the Great Recession.
Kanas has a long history in banking, though. During our CEO Connect interview he tells how he became the youngest CEO of a bank. He spent three decades growing North Fork Bank into a New York powerhouse that was eventually sold to Capital One.
Here are edited highlights from the interview that was conducted live before an audience at JM Family Lexus by Gary Press, the CEO of Lifestyle Media Group and SFBW magazine.
Your bio says it’s believed that you were the youngest bank CEO in America in 1977 at the age of 29 at North Fork Bancorporation. How did that happen?
I was the only one with the combination to the safe! Actually, I started there as a kid when I was 24 years old. It was a small company, a $240 million bank, I thought I would work there a year or two and go to law school.
The guy that ran the company got sick and was not able to run it. The board asked me to run the ban
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John Adam Kanas Edit Profile
bank executive
John Adam Kanas, American former bank executive. Recipient Tree of Life award, Jewish National Fund, 2003. Member New York State Indiana Bankers Association (chairman, president 1980-1981), Long Island Bankers Association (president, director 1980), New York State Bankers Association (president).
Background
Kanas, John Adam was born on November 16, 1946 in Southampton, New York, United States. Son of George and Barbara Kanas.
Education
Bachelor in History, Southampton College, 1968. Postgraduate student, Commonwealth Post College Long Island University, 1970. Postgraduate student, Rutgers University, New Jersey, 1976.
Career
Management trainee North Fork Bank & Trust Company, Mattituck, New York, 1971, various senior management positions, 1971—1977, chairman, president, Chief Executive Officer, 1977—2006, North Fork Bancorporation, Inc., Melville, New York, 1987—2006. President banking Capital One Finance Corporation, McLean, Virginia, 2006—2007.
Achievements
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