SEIDMAN LAWRENCE B

About SEIDMAN LAWRENCE B

Lawrence B. Seidman is an investor and governance professional with a long record in U.S. banking institutions, particularly publicly traded regional banks. He is currently a director of Bankwell Financial Group, Inc., the NASDAQ-listed bank holding company for Bankwell Bank, and Bankwell’s governance materials state that he has served on the board since 2020. The company also identifies him as the manager of Seidman and Associates, LLC, and related investment groups based in Parsippany, New Jersey, whose principal business includes investments in financial institutions. ([investor.mybankwell.com](https://investor.mybankwell.com/governance/board-of-directors/person-details/default.aspx?ItemId=a6b24bde-e437-41c3-8906-6f519583c23e)) His career path has been shaped by sustained involvement in bank boards and bank investing rather than by a single operating executive post. Bankwell’s proxy materials note that he previously served on the boards of Stonegate Bank, ASB Bancorp Inc. and its wholly owned subsidiary Asheville Savings Bank, Center Bancorp, Naugatuck Valley Financial Corporation, and MSB Financial Corp. and its banking subsidiary Millington Bank, across periods spanning roughly 2007 through 2020. That history points to substantial experience with community and regional banking, capital allocation, and board oversight in the financial services sector. Bankwell specifically highlights his extensive experience with publicly held financial institutions, both as a director and as an investor, as valuable to the board. ([d18rn0p25nwr6d.cloudfront.net](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001505732/3d181d1a-90d8-4dcd-aa19-ed70bfc7f0a3.html)) In addition to Bankwell, Seidman has been described in the company’s filings as a consultant to Malvern Bancorp, Inc. and its banking subsidiary Malvern Bank, as well as to ARCTRUST Capital Advisors, L.P., a private real estate investment trust. Bankwell also notes that he serves as a trustee for the Young Mens & Young Womens Hebrew Association, indicating civic involvement alongside his investment activities. ([d18rn0p25nwr6d.cloudfront.net](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001505732/3d181d1a-90d8-4dcd-aa19-ed70bfc7f0a3.html)) A notable aspect of Seidman’s recent profile is his active-investor orientation. In late 2024, Bankwell disclosed board approval allowing him to increase his ownership position in the company up to 14.99% of common stock. In comments quoted by the company, Seidman said the move aligned with his long-term strategy of purchasing undervalued publicly traded community banks and reflected his support for Bankwell’s management team and outlook. That disclosure underscores his reputation as a long-term, valuation-driven investor with a clear interest in bank governance and capital appreciation. ([nasdaq.com](https://www.nasdaq.com/press-release/bankwell-financial-group-director-lawrence-b-seidman-approved-increase-position?utm_source=openai)) Overall, Seidman’s professional profile is best described as a specialist in banking-sector governance and investment, with deep familiarity across multiple public bank boards and a consistent focus on U.S. regional financial institutions. His key strengths appear to be sector expertise, disciplined investment judgment, and board-level oversight experience. ([d18rn0p25nwr6d.cloudfront.net](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001505732/3d181d1a-90d8-4dcd-aa19-ed70bfc7f0a3.html))