S&T BANCORP THANKS FRANK J. PALERMO, JR. FOR 12 YEARS OF SERVICE ON BOARD OF DIRECTORS
S&T Bancorp (NASDAQ: STBA) announced that Frank J. Palermo, Jr. will not seek reelection to the board of directors after reaching mandatory retirement age, concluding 12 years of service. Palermo will complete his current term until May 13, 2025, following the Annual Meeting of Shareholders.
Palermo, who has served since 2013, is the managing shareholder of Palermo, Kissinger & Associates, P.C. since 1983. His extensive 43-year career includes roles as a Certified Public Accountant, Certified Valuation Analyst, and former chairman of Gateway Bank of Pennsylvania's audit committee from 2004 until its acquisition by S&T in 2012. He also served as chair of S&T's audit committee, bringing strategic fiscal expertise to the board.
S&T Bancorp (NASDAQ: STBA) ha annunciato che Frank J. Palermo, Jr. non si candider脿 per la rielezione al consiglio di amministrazione dopo aver raggiunto l'et脿 pensionabile obbligatoria, concludendo cos矛 12 anni di servizio. Palermo completer脿 il suo mandato attuale fino al 13 maggio 2025, dopo l'Assemblea Annuale degli Azionisti.
Palermo, in carica dal 2013, 猫 azionista dirigente di Palermo, Kissinger & Associates, P.C. dal 1983. La sua lunga carriera di 43 anni include ruoli come Commercialista Certificato, Analista Certificato di Valutazione e presidente del comitato di revisione contabile della Gateway Bank of Pennsylvania dal 2004 fino all'acquisizione da parte di S&T nel 2012. Ha inoltre ricoperto la carica di presidente del comitato di revisione contabile di S&T, apportando competenze strategiche in ambito finanziario al consiglio.
S&T Bancorp (NASDAQ: STBA) anunci贸 que Frank J. Palermo, Jr. no buscar谩 la reelecci贸n al consejo de administraci贸n tras alcanzar la edad obligatoria de retiro, concluyendo 12 a帽os de servicio. Palermo completar谩 su mandato actual hasta el 13 de mayo de 2025, despu茅s de la Junta Anual de Accionistas.
Palermo, que ha servido desde 2013, es el accionista gerente de Palermo, Kissinger & Associates, P.C. desde 1983. Su extensa carrera de 43 a帽os incluye roles como Contador P煤blico Certificado, Analista Certificado de Valoraci贸n y ex presidente del comit茅 de auditor铆a del Gateway Bank of Pennsylvania desde 2004 hasta su adquisici贸n por parte de S&T en 2012. Tambi茅n fue presidente del comit茅 de auditor铆a de S&T, aportando experiencia fiscal estrat茅gica al consejo.
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S&T Bancorp (NASDAQ : STBA) a annonc茅 que Frank J. Palermo, Jr. ne sollicitera pas un nouveau mandat au conseil d'administration apr猫s avoir atteint l'芒ge de la retraite obligatoire, mettant fin 脿 12 ann茅es de service. Palermo terminera son mandat actuel jusqu'au 13 mai 2025, apr猫s l'Assembl茅e g茅n茅rale annuelle des actionnaires.
Palermo, en poste depuis 2013, est l'actionnaire principal de Palermo, Kissinger & Associates, P.C. depuis 1983. Sa longue carri猫re de 43 ans inclut des fonctions de comptable agr茅茅, d'analyste certifi茅 en 茅valuation, ainsi que la pr茅sidence du comit茅 d'audit de Gateway Bank of Pennsylvania de 2004 jusqu'脿 son acquisition par S&T en 2012. Il a 茅galement pr茅sid茅 le comit茅 d'audit de S&T, apportant une expertise financi猫re strat茅gique au conseil.
S&T Bancorp (NASDAQ: STBA) gab bekannt, dass Frank J. Palermo, Jr. nach Erreichen des obligatorischen Rentenalters nicht f眉r eine Wiederwahl in den Vorstand kandidieren wird und damit 12 Jahre Dienstzeit abschlie脽t. Palermo wird seine aktuelle Amtszeit bis zum 13. Mai 2025, nach der Hauptversammlung der Aktion盲re, vollenden.
Palermo, der seit 2013 im Amt ist, ist seit 1983 gesch盲ftsf眉hrender Gesellschafter von Palermo, Kissinger & Associates, P.C. Seine umfangreiche 43-j盲hrige Karriere umfasst T盲tigkeiten als Wirtschaftspr眉fer, zertifizierter Bewertungsanalyst und ehemaliger Vorsitzender des Pr眉fungsausschusses der Gateway Bank of Pennsylvania von 2004 bis zur 脺bernahme durch S&T im Jahr 2012. Er war auch Vorsitzender des Pr眉fungsausschusses von S&T und brachte strategische finanzielle Expertise in den Vorstand ein.
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"Frank's experience and knowledge made him a valuable asset to S&T Bancorp and the board of directors, and we wish him well in his retirement," said Christine Toretti, Chairman of the S&T Bank Board of Directors.
Palermo has been the managing shareholder of the accounting firm, Palermo, Kissinger & Associates, P.C. since 1983 and he is also a Certified Public Accountant. He was integral in forming Gateway Bank of
"Frank's extensive background in finance brought strategic fiscal expertise and perspectives to our board, particularly in his role as chair of S&T's audit committee," stated Chris McComish, chief executive officer. "We thank him for his contributions and dedication since 2013."
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