Patriot National Bancorp and its wholly owned subsidiary, Patriot Bank, have appointed David Finn as  Interim Chief Financial Officer and Executive Vice President. Finn was hired in August as Executive Vice President and Senior Finance Officer.

Before joining the company, from May 2014 to June 2023, Finn served as Senior Vice President at First Citizens Bank (formerly CIT Group), where he was responsible for all regulatory reporting. Finn joined CIT Group in 1998 and remained there until 2023, and held a number of positions in finance, including Global Controller of Equipment Finance and Non-Strategic Portfolios and Chief Financial Officer of the Consumer Finance segment. Prior to joining CIT Group, Finn worked as a senior accountant in Price Waterhouse and as staff accountant at Coopers & Lybrand.

Finn will be entitled to receive an initial annual salary of $275,000 per annum, an equity grant of restricted stock for $85,000 of value with a vesting schedule, and other benefits available to senior executives, according to a filing with the Securities and Exchange Commission.

As previously disclosed on April 2, 2024, the company received a notice of retirement from Joseph Perillo as the Chief Financial Officer and Executive Vice President of the company and the Bank, announcing his retirement and intention to continue in his position to assist the company during the transition period to appoint a new Chief Financial Officer. As result of the appointment of Mr. David Finn, the company hereby confirms the retirement of Joseph Perillo as the Chief Financial Officer and Executive Vice President of the company and the Bank, effective on Oct. 30, 2024. Mr. Perillo will remain with the Bank working part time on strategic initiatives and projects.