0001144204-11-019750.txt : 20110401 0001144204-11-019750.hdr.sgml : 20110401 20110401170959 ACCESSION NUMBER: 0001144204-11-019750 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110328 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110401 DATE AS OF CHANGE: 20110401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTER BANCORP INC CENTRAL INDEX KEY: 0000712771 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 521273725 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11486 FILM NUMBER: 11732468 BUSINESS ADDRESS: STREET 1: 2455 MORRIS AVE CITY: UNION STATE: NJ ZIP: 07083 BUSINESS PHONE: 9086889500 MAIL ADDRESS: STREET 1: 2455 MORRIS AVE CITY: UNION STATE: NJ ZIP: 07083 8-K 1 v217032_8k.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  March 28, 2011

CENTER BANCORP, INC.

(Exact Name of Registrant as Specified in its Charter)


New Jersey
2-81353
52-1273725
(State or Other Jurisdiction
(Commission File Number)
 (IRS Employer
of Incorporation)
 
 Identification No.)


2455 Morris Avenue, Union, New Jersey
07083
(Address of principal executive offices)
 (Zip Code)


Registrant's telephone number, including area code (800) 862-3683

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 
 
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.

On March 28, 2011, the Board of Directors of Center Bancorp, Inc. (the “Company”) appointed Vincent Tozzi to the positions of Vice President, Treasurer and Chief Financial Officer of the Company effective immediately.

Mr. Tozzi joined Union Center National Bank (the “Bank”) in December, 2010 as a consultant to the Finance Division and was hired as Senior Vice President & CFO of the Bank in February 2011.  He previously served as Senior Vice President and Chief Financial Officer of The Bank of Princeton.  Mr. Tozzi holds an MBA in Accounting and Taxation from Rutgers University and a B.A. from St. John’s University.

Item 9.01.  Financial Statements and Exhibits.

(d)           Exhibits

Exhibit 99.1 – Press release of the Company, dated March 29, 2011.


--
 
 

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
CENTER BANCORP, INC.
 
       
 
By:
/s/ Anthony C. Weagley  
    Name:  Anthony C. Weagley  
    Title: President and Chief Executive Officer  
       
Date March 31, 2011

 
 

 
EXHIBIT INDEX


Exhibit 99.1 – Press release of the Company, dated March 29, 2011.
EX-99.1 2 v217032_ex99-1.htm Unassociated Document


Center Bancorp, Inc. Announces Appointment of Vincent Tozzi as CFO
 
 
UNION, NJ -- (GLOBE NEWSWIRE) -- 03/29/11 -- Center Bancorp, Inc. (Nasdaq:CNBC) (the "Company"), the parent company of Union Center National Bank (the "Bank"), announced that at its board meeting dated March 28, 2011 the Board appointed Vincent Tozzi to the positions of Vice President, Treasurer and Chief Financial Officer of the Company effective immediately.

Mr. Tozzi joined the Bank in December, 2010 as a consultant to the Finance Division and was hired as Senior Vice President & CFO of the Bank in February 2011.  He previously served as Senior Vice President and Chief Financial Officer of The Bank of Princeton.  Mr. Tozzi holds an MBA in Accounting and Taxation from Rutgers University and a B.A. from St. John’s University.

About Center Bancorp

Center Bancorp, Inc. is a bank holding company which operates Union Center National Bank, its main subsidiary. Chartered in 1923, Union Center National Bank is one of the oldest national banks headquartered in the state of New Jersey and currently the largest commercial bank headquartered in Union County. Its primary market niche is its commercial banking business. The Bank focuses its lending activities on commercial lending to small and medium-sized businesses, real estate developers and high net worth individuals.

The Bank, through its Private Banking Division, which includes its wholly-owned subsidiary, Center Financial Group LLC, provides financial services including brokerage services, insurance and annuities, mutual funds, financial planning, estate and tax planning, trust, elder care and benefit plan administration.

The Bank currently operates 13 banking locations in Union and Morris Counties in New Jersey. Banking centers are located in Union Township (6 locations), Berkeley Heights, Boonton/Mountain Lakes, Madison, Millburn/Vauxhall, Morristown, Springfield, and Summit, New Jersey. The Bank also operates remote ATM locations in the Chatham and Madison New Jersey Transit train stations, and the Boys and Girls Club of Union.

While the Bank's primary market area is comprised of Union and Morris Counties, New Jersey, Center Bancorp has expanded to northern and central New Jersey. At December 31, 2010, Center Bancorp had consolidated total assets of $1.2 billion, total deposit funding sources, which includes overnight repurchase agreements, of $889.2 million and stockholders' equity of $121.0 million.

For further information regarding Center Bancorp, Inc., visit our web site at http://www.centerbancorp.com or call (800) 862-3683.

 
 

 
For information regarding Union Center National Bank, visit our web site at http://www.ucnb.com.

CONTACT: Center Bancorp, Inc.
         Investor Inquiries:
         Anthony C. Weagley, President & Chief Executive Officer
         (908) 206-2886
         Investor Relations
         Joseph Gangemi
         (908) 206-2863