First Commonwealth Financial (FCF) in Indiana, Pa., has a new chief financial officer.
The $6.2 billion-asset company said in a press release Thursday that it had hired James Reske, who will also join its executive leadership team. Reske previously served as the CFO and treasurer at United Community Financial (UCFC) in Youngstown, Ohio.
"The depth and diversity of [Reske's] financial, legal, and investment banking experience will provide a critical strategic perspective as we work to grow our organization and achieve best-in-class performance," T. Michael Price, First Commonwealth's president and chief executive, said in the release.
Reske had a diverse employment background that includes investment banking roles in the financial institutions groups at Keybanc Capital Markets and Morgan Stanley. He also provided counsel to financial institutions on mergers and acquisitions and capital markets activities while serving as a lawyer at Wachtell, Lipton, Rosen & Katz and Sullivan & Cromwell. He has also worked at the Federal Reserve Board.
Reske succeeded Robert Rout, who announced plans to retire in November.