Gerard Champi is getting a vowel upgrade.
He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release issued Wednesday.
Champi has been chief financial officer for the past five years and has worked for First National since 1991. He will become president and chief executive of the $1 billion-asset company and its First National Community Bank banking subsidiary on July 1.
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The $969 million-asset company said in a press release Thursday that the Office of the Comptroller of the Currency had lifted a September 2010 consent order against First National Community Bank.
March 26 -
First National Community Bancorp in Dunmore, Pa., will pay $1.5 million to resolve issues tied to the Bank Secrecy Act.
February 27 -
An SEC fine of a Pennsylvania bank over an accounting matter from more than five years ago raises questions about how long community banks should be on guard about challenges to their conduct during the financial crisis.
February 4
He will succeed Steven Tokach, who joined the company in 2011 and will retire June 30. Champi will also replace Tokach as a Class A director, with the term expiring in 2017.
Chairman Dominick DeNaples called Champi "a highly respected leader in our company, our community and our industry."
