National Penn Bank in Boyertown, Pa., has promoted chief financial officer and controller Gary L. Rhoads to executive vice president and Brian T. Appleton, the internal audit director, to senior vice president.
Mr. Rhoads is also treasurer of the bank's $2.1 billion-asset parent, National Penn Bancshares. He joined the bank in 1972 and was promoted to assistant vice president a decade later. He became controller and cashier in 1985, vice president in 1986, and senior vice president in 1991. He was appointed CFO in 1997.