In Brief: First Commonwealth Bank CEO Resigns

First Commonwealth Financial Corp. of Indiana, Pa., said the president and chief executive officer of its First Commonwealth Bank had submitted his resignation.

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Johnston R. Glass, 55, who joined the $6.2 billion-asset company in 1972, cited undisclosed personal reasons and plans to step down within 90 days, First Commonwealth said Thursday.

Joseph E. O'Dell, the parent's president and CEO, will assume his duties. Mr. Glass will remain a director and the vice chairman of First Commonwealth Financial and a director of the bank.

In a letter to employees, he wrote that his decision to resign was difficult, "because of the longstanding affiliation I have had with First Commonwealth."


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