Codorus Valley Bancorp in York, Pa., has hired Dwight Utz as its chief operating officer.

Utz succeeded Mike Allen, who resigned in March and is now executive-in-residence of The Graham Center for Entrepreneurial Leadership Studies at Penn State University.

Utz will be responsible for the $1.3 billion-asset company's primary sales and services divisions, among other things.

Utz resigned as president of VantageSouth Bancshares in 2013; the company bought ECB Bancorp, where he had been president and chief executive.

Utz told American Banker shortly after leaving VantageSouth that he was interested in leading another bank with $1 billion to $5 billion in assets, preferably based in Virginia, Maryland or Pennsylvania, though he was also open to serving as a chief operating officer. ""I believe I still have the energy to take that on," he said at the time.

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