Hudson City Bancorp continues to reorganize its management team and board following the death of chairman and chief executive officer Ronald Hermance on Sept. 11.

Dennis Salamone, who succeeded Hermance as CEO last week, has now added the chairman's title, the $38 billion-asset company said Thursday.

Meanwhile, Hudson City promoted Anthony Fabiano to succeed Salamone as president and chief operating officer. Fabiano most recently served as an executive vice president of finance and administration for Hudson City, based in Paramus, N.J.

Fabiano was also elected to be a director on the company's board.

Fabiano joined Hudson City in 2006 when the company acquired Sound Federal Bancorp. Prior to this position, he was the chief financial officer of MSB Bancorp.

In a press release, Salamone described Fabiano as a "highly skilled and versatile executive who is well liked and respected by his peers."

Hudson City agreed in August 2012 to be bought by M&T in Buffalo, N.Y., for $3.7 billion. However, regulators have held up the deal until M&T fixes anti-money-laundering and other compliance issues. Both companies have expressed optimism that the transaction will close by the end of this year.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.