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Stephen Altneu Joins Sterling National Bank as Managing Director

August 17, 2016

Sterling National Bank, the principal subsidiary of Sterling Bancorp (NYSE: STL), announced today that Stephen Altneu has joined the organization as Managing Director of its asset-based lending business. In his new role, Mr. Altneu will be responsible for overseeing asset-based loan origination across the Northeast U.S.

Mr. Altneu brings more 25 years of financial services experience to Sterling, with deep experience in the areas of buyouts, acquisitions, and recapitalizations. His addition to the bank's fast-growing asset-based lending business underscores Sterling's commitment to providing highly-customized services using a team-based client service model. Mr. Altneu will be based in New York City and directly report to Michael Haddad.