Signature Bank announced Co-founder, President and Chief Executive Officer Joseph J. DePaolo plans to transition into a senior advisor role during 2023. Chief Operating Officer Eric R. Howell will succeed DePaolo as President, effective March 1, 2023. DePaolo retains the Chief Executive Officer role and also will remain on the Bank's Board of Directors.

In addition, Howell will continue serving as Chief Operating Officer and a member of the Board of Directors. Once DePaolo gradually completes his transition into this newly created advisory role, Howell will also be named Chief Executive Officer at that time. Howell has been serving as Senior Executive Vice President and Chief Operating Officer for the past two years.

He joined Signature Bank at the time of its founding as Controller and has since held several roles of increasing responsibility. In 2013, Howell was appointed Executive Vice President – Corporate and Business Development, during which time, he successfully launched various national business lines and expanded Signature Bank's footprint to include the West Coast. Earlier, he held the post of Executive Vice President and Chief Financial Officer.

In 2022, Howell succeeded Tamberlane as a member of the Board of Directors.