Chairman and CEO roles combined at F.N.B. in Pennsylvania
F.N.B. Corp. in Pittsburgh is shuffling a number of board positions.
The $30 billion-asset company said in a press release Tuesday that Vincent Delie Jr., its president and CEO, will become its chairman on Dec. 20. Delie will succeed Stephen Gurgovits, his predecessor as CEO, as chairman.
Gurgovits will remain on the board as chairman emeritus.
F.N.B. also said it had appointed new chairs for its audit, nominated, corporate governance and risk committees. William Campbell will remain the company’s lead director.
The moves are “the result of a proactive, long-term process which contemplated the upcoming retirements of certain FNB directors holding key board and committee leadership positions,” the company said in its release. “These transitions will enable the board to continue to capably guide the strategic direction of the company.”
F.N.B. recently entered North Carolina with its acquisition of Yadkin Financial in Raleigh.