Susquehanna Bancshares (SUSQ) in Lititz, Pa., is promoting its treasurer to chief financial officer.
Michael Harrington will succeed current CFO Drew Hostetter, who plans retire at the end of the year, the $18 billion-asset company said Tuesday. Hostetter has held the position since 1996.
Harrington joined Susquehanna last June from First Niagara Financial Group (FNFG) in Buffalo, N.Y., where he was chief financial officer.
William Reuter, Susquehanna's chairman and chief executive, called Hostetter "a key member of our executive leadership team" in the press release announcing the change. "[W]e rely on him not only for his insight on finance and accounting, but also to help shape the strategic direction of our company," Reuter said.
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