First Commonwealth Financial Corporation Announces Board Changes, Effective April 27, 2021
March 25, 2021 at 07:00 am EDT
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First Commonwealth Financial Corporation (‘First Commonwealth’) announced that David S. Dahlmann plans to step down as Chair of the Board of First Commonwealth, on April 27, 2021, following the Annual Meeting of Shareholders. Mr. Dahlmann has served as Chairman since 2005. The Board of Directors has selected Jon L. Gorney, a current independent director, to succeed Mr. Dahlmann as Board Chair of First Commonwealth Financial Corporation. Jon Gorney joined First Commonwealth’s Board in January 2013 following a 37-year banking career with National City Corporation, where he was Executive Vice President from 1992 through 2008 overseeing all technology and operations. Mr. Gorney also served as Chairman and Chief Executive Officer of National Processing Company, a majority subsidiary of National City that was the second largest merchant card processor in the United States. In his current Board role at First Commonwealth, he serves as Chair of the Company’s Risk Committee and is a member of the Credit Committee. In addition, he serves as a director of Professional Bank, Coral Gables, FL.
First Commonwealth Financial Corporation is a financial holding company. The Companyâs operating subsidiaries include First Commonwealth Bank (the Bank), First Commonwealth Insurance Agency, Inc. (FCIA) and FRAMAL. It provides a diversified array of consumer and commercial banking services through its bank subsidiary, FCB. It also provides trust and wealth management services through FCB and offer insurance products through FCIA. The Bank operated 126 community banking offices in 30 counties throughout western and central Pennsylvania and throughout Ohio, as well as commercial lending operations in Harrisburg, Pennsylvania, and Canton, Cleveland, Columbus, Canfield and Hudson, Ohio. The Bank also operates a network of 138 automated teller machines. All of its ATMs are part of the NYCE and MasterCard/Cirrus networks, both of which operate nationwide. The Bank is a member of the Allpoint ATM network, which allows surcharge-free access to over 55,000 ATMs.