S&T Bancorp, Inc. Announces Michael Golden as Chief Operating Officer
July 25, 2023 at 10:22 am EDT
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S&T Bancorp, Inc. announced that Michael Golden joined the company as executive vice president, chief operating officer, effective July 24, 2023.Golden will oversee the functional activities in support of the Bank's strategic objectives, ensuring proper operational controls, administrative practices, systems and customer solutions are in place to effectively grow the organization and maximize operating efficiency. He also serves as a member of the senior leadership team. Golden has spent the majority of his 26-year professional career in the banking industry, most recently serving as head of digital and business technology at PNC Bank where he led the development and execution of key objectives including digital transformation and reorganization of business technology strategy and product development for PNC's asset management group.
Golden will oversee the functional activities in support of the Bank's strategic objectives, ensuring proper operational controls, administrative practices, systems and customer solutions are in place to effectively grow the organization and maximize operating efficiency. He also serves as a member of the senior leadership team. Golden has spent the majority of his 26-year professional career in the banking industry, most recently serving as head of digital and business technology at PNC Bank where he led the development and execution of key objectives including digital transformation and reorganization of business technology strategy and product development for PNC's asset management group.
S&T Bancorp, Inc. is a bank holding company. The Companyâs segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.