Valley National Bancorp Annual Shareholders Meeting Transcript

May 01, 2020 / 01:00PM GMT
Operator

Hello and welcome to the Valley National Bancorp's 2020 Annual Shareholders Meeting.

At this time, I would like to turn the conference over to Ira Robbins, Chairman of the Board of Directors and President and CEO of Valley.

Ira D. Robbins - Valley National Bancorp - Chairman of the Board, President & CEO

Thank you. Good morning, and thank you for joining us today. On behalf of the entire Board, our officers, our associates, I would like to thank you for attending our Annual Meeting of Shareholders.

If you've attended a Valley Annual Shareholder Meeting in the past, you'll notice that today's meeting is a little different. Today, we are all living in a unique moment in time. Like all of you, we are dealing with a health issue of enormous scale as we navigate the uncharted waters of the COVID-19 pandemic.

When we sent our proxy statement to the press on March 11, we did plan for a physical shareholder meeting.

By March 19, when we mailed our proxy statement, we were starting to become concerned about the wellbeing of our

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