Patriot National Bancorp in Stamford, Conn., is in the market for a new chief executive.
The $665 million-asset company said in a regulatory filing that Kenneth Neilson will step down as president and chief executive on Aug. 19. Neilson has held those posts since 2013.
The company has formed an internal committee, consisting of Neilson; Fred Staudmyer, chief administrative officer; and Edward Constantino, an independent director, to search for a permanent chief. Kaplan Partners was hired to assist with the search.
Michael Carrazza, the company's chairman, was appointed interim CEO and will serve without additional compensation until a new CEO is hired, the filing said. Carrazza is founder and CEO of Solaia Capital Advisors, an investment management firm, and chairman of Siena Capital Finance.
The company also disclosed that Susan Neilson will resign as chief operating officer on Aug. 19. The board appointed Peter Cureau to serve as interim president and chief operating officer.
Cureau is managing principal and owner of PD Cureau Advisors, a consulting and advisory firm, according to his LinkedIn profile. He was president and CEO of Capital Bank and Trust in Troy, N.Y., from 2003 to 2010.
In January Patriot National named Neil McDonnell, an independent financial consultant, chief financial officer. McDonnell replaced Christina Maier in that role for the company and bank. Maier also resigned as executive vice president for the bank in April.