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FirstMerit in Akron, Ohio, reported higher quarterly earnings as cost controls compensated for a decline in interest income.
January 27 -
FirstMerit in Akron, Ohio, reported higher quarterly profit that met Wall Street expectations despite margin pressure.
October 28 - WIB PH
Sandy Pierce is a lifelong Detroit resident who has the chance to help her hometown in a way that few bankers ever get. The FirstMerit vice chairman leads the board overseeing the distressed city's turnaround plan.
September 22
Clifford Isroff, the lead director of FirstMerit in Akron, Ohio, died Tuesday after a long illness. He was 79.
Isroff was a retired local businessman who had been chairman of the manufacturing holding company I Corp and president and chief operating officer of Sterling Jewelers. He also was involved with several nonprofits in northeastern Ohio.
He joined FirstMerit's board in 1981, became the lead director in 2003 and was chairman of the executive committee and a member of the corporate governance, compensation and risk management committees.
"He was a colleague, an advisor and a friend," Paul Greig, the chairman and chief executive of the $25.1 billion-asset FirstMerit, said in a news release Wednesday. "I will miss him greatly."