This Week
  • North American Breweries CEO sees plenty of potential to grow again.

  • Employers honored as best workplaces find surveys of employee offer valuable insight.

  • Elizabeth Schirmer Shores uses travelers as vehicles for technology in remote locales.

  • Revenues, employment and business prospects all are growing for Vanteon Corp.

  • EO Landon Mertz has big plans for nanotechnology firm Cerion Technology.

  • The 2015 edition features an exclusive interview with Paychex CEO Martin Mucci.

First Niagara's top accountant Ciroli resigns, interim named

Rochester Business Journal
July 29, 2014

The top accountant at First Niagara Financial Group Inc. has resigned, the Buffalo-based company announced in a regulatory filing.

James Ciroli—senior vice president and corporate controller, and principal accounting officer since February—will take an executive position with a financial institution beyond First Niagara’s geographic footprint, the filing states.

Brian Dempsey, the bank’s director of finance accounting, will replace Ciroli as controller and principal accounting officer on an interim basis until a permanent replacement is found, the filing states.

Ciroli joined First Niagara as controller and principal accountant in November 2009. Before that, he was senior vice president and assistant controller at Huntington Bancshares Inc. in Columbus, Ohio.

Dempsey also joined First Niagara in November 2009, as first vice president and corporate reporting manager, the filing states. He became director of finance accounting in January 2013 and was responsible for all external reporting.

First Niagara last Friday reported net income of $66.2 million, or 19 cents per diluted share, for the second quarter. That is up 4 percent from $63.6 million, or 18 cents a share from a year ago. Earnings beat analyst estimates by a penny.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google