Joseph G. Sponholz Board Member

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Joseph G. Sponholz has four and a half decades of experience in banking and financial services. He is retired from Chase Manhattan where he was Vice Chairman and a member of the Executive Committee. He joined a Venture Capital firm as a General Partner upon retiring, and is now a private investor. Since 2002, he has been a Director of Hudson City Bancorp in Paramus, NJ {past Lead Independent Director}, and served as Audit Committee Chair until the company’s merger with M&T Bank in November 2015. He has served on several other boards, including those of the Occupational and Industrial Orthopedic Center of NYU Health, the Bank Administration Institute, and the Washington-based Banking Industry Technology Secretariat.

Starting his business career at Citibank, Mr. Sponholz later moved to the consulting firm Booz Allen & Hamilton, where he the lead partner for the firm’s Banking Practice on the east coast. He joined Chemical Bank to take charge of Strategic Planning, soon becoming the bank’s first Chief Technology Officer, and later, Chief Financial Officer. During the negotiations that led to the landmark merger between Manufacturers Hanover (as Chemical Bank later became known) and Chase Manhattan, he led the Merger Office twice. He became Chase’s Chief Administrative Officer, and was later named Vice Chairman for Information Technology and all processing businesses. He also directed ‘Chase.com’, the earliest effort to transition Chase to the internet era.

Mr. Sponholz received a B.A. in French from Fordham University – where he co-chaired the college’s recent fundraising campaign – and an MBA in Finance from New York University. His professional accomplishments include a two-year stint as an Army Intelligence Officer. He and his wife Nancy live in a Manhattan co-op where he was Board President for seven years, and is now Treasurer. They have four adult children and six fabulous grandchildren. Every winter Mr. Sponholz can be found skiing the Wasatch range of the Rocky Mountains.