S&T Bancorp Inc. (STBA) announced that James Miller, former Chief Executive Officer and president of S&T Bank and chairman of the S&T Bancorp Board of Directors since 2004, was stepping down as board chairman. However, Miller will remain as a member of the board of directors.
Simultaneously, Charles Urtin, formerly vice chairman of the S&T Bancorp Board of Directors, has been appointed as chairman of the board, replacing Miller. In addition, Christine Toretti, a member of the board of directors, has been appointed as vice chairman of the board, replacing Urtin.
The company said that the leadership changes took effect at its board of directors meeting on May 20.
Miller, S&T Bank's CEO from 1998 to 2008, began serving as chairman of the board in 2004. He retired from active employment in 2008 after 25 years with S&T Bank. Miller began his employment with S&T Bank in 1983 when the bank acquired the former UniBank of Brookville, Pa.
Charles Urtin, the newly appointed chairman of the board, joined the S&T Bancorp Board of Directors as vice chairman in 2008 following S&T's acquisition of Irwin Bank and IBT Bancorp, Inc. Urtin spent 24 years at Irwin Bank and was appointed as its chief executive officer in 1999.
Toretti has been a member of the board of directors since 1984. She was named president of Palladio, LLC in 2011. Prior to that, she was the chairman and CEO of S.W. Jack Drilling for 20 years.
In addition, the company announced the retirement of Alan Papernick from the board of directors, which was also effective on May 20. A former attorney with Papernick and Gefsky, LLC, Papernick served on the bank's board for 16 years.
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