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Monmouth University honors James S. Vaccaro as its 2013 Distinguished Business Leader at an annual dinner on Thursday, May 9, in Wilson Hall on the University’s West Long Branch campus.

Mr. Vaccaro is president and CEO of Manasquan Savings Bank, an $840 million mutual banking organization founded in 1874, with eight offices and branches located throughout Monmouth and Ocean Counties, New Jersey.

A leader in the banking profession, he served as chairman, president, and CEO of Central Jersey Bancorp, parent company of Allaire Community Bank and Monmouth Community Bank, which he helped found in 1998. From 1982 to 1995, Mr. Vaccaro served in various capacities at Central Jersey Bank and Trust Company, including executive vice president, treasurer, CFO, and as a member of the board of directors.

“Mr. Vaccaro is an extraordinary business and civic leader,” said Paul G. Gaffney II, president of Monmouth University. “His work ethic and commitment to the communities he serves make him a fitting role model for our students and the business community at large. We are proud to honor him for his many accomplishments.”

Mr. Vaccaro is a member of the board of trustees for Saint Barnabas Corporation, Monmouth Medical Center, the New Jersey Repertory Theater, and Monmouth University. He is chairman of the board of Visiting Nurses Association of Central New Jersey, and on the advisory board of Interfaith Neighbors and the leadership council of Prevention First. He has also served on the board of directors for the New Jersey Bankers Association.

In 2007 the Long Branch Chamber of Commerce honored Mr. Vaccaro with the Louis G. Libutti Community Service Award for exceptional leadership, professional achievement, and stellar record of community service.

Mr. Vaccaro received a B.S. in economics from Ursinus College and a PDM certification from Harvard Graduate School of Business. He is a member of the Business Council of Monmouth University’s Leon Hess Business School.

For additional information, contact Monmouth University’s office of special events and programs at 732-571-3509.

Background on the Award:

The Distinguished Business Leaders Award was established in 1983 as part of Monmouth University’s 50th anniversary celebration to pay tribute to the important contributions of the business community in the development of this school. For the past 29 years, the award has honored individuals who have made distinctive contributions to the tri-state business community through outstanding corporate and civic leadership. Monmouth University’s Business Council is proud to join the corporate community in celebrating the talents and contributions of these Distinguished Business Leaders and trust that their example will serve as an inspiration to future generations of business leaders.