WHEELING, W.Va. WesBanco Inc. said Monday that Edward M. George will retire today after eight years as the $2.3 billion-asset companys president and chief executive officer.
Mr. George, 65, joined WesBanco in 1983. He began his 35-year banking career as a bank examiner at the Federal Reserve Bank of Cleveland.
Paul M. Limbert, the companys chief financial officer, will succeed Mr. George as the president and CEO. Robert H. Young, the chief financial officer of PNC Bank in Pittsburgh, has been hired to succeed Mr. Limbert as CFO.
The announcement came two weeks after WesBanco said its pending acquisitions of American Bancorp. of Wheeling and Freedom Bancshares Inc. of Belington may have been in jeopardy because the Cleveland Fed had downgraded its Community Reinvestment Act rating.