Michael Peduzzi Appointed to CNB Financial Corporation Board of Directors
09 Novembre 2022 - 10:15PM
CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent
company of CNB Bank, announced that Michael Peduzzi, currently the
Vice President of CNB and the President and Chief Executive Officer
of CNB Bank, was appointed to the Board of Directors of CNB
effective January 1, 2023. Mr. Peduzzi was previously
appointed to the Board of Directors of CNB Bank and will continue
to serve on the Board of Directors of CNB Bank. CNB previously
announced that Mr. Peduzzi will succeed Joseph B. Bower, Jr. as
President and Chief Executive Officer of CNB on December 31, 2022.
On November 8, 2022, Mr. Bower informed CNB of his retirement from
the Boards of Directors of CNB and CNB Bank, effective December 31,
2022.
Mr. Peduzzi, who is also a licensed certified
public accountant, has over 34 years’ experience serving the
banking and financial services industries.
“We are pleased to welcome Mike Peduzzi as a board
member,” said Peter Smith, Charmain of the Boards of Directors of
both CNB and CNB Bank. “With Mike’s extensive financial and banking
expertise, he will bring valuable perspective to our Boards of
Directors.”
About CNB Financial
Corporation
CNB Financial Corporation is a financial holding
company with consolidated assets of approximately $5.3 billion. CNB
Financial Corporation conducts business primarily through its
principal subsidiary, CNB Bank. CNB Bank is a full-service bank
engaging in a full range of banking activities and services,
including trust and wealth management services, for individual,
business, governmental, and institutional customers. CNB Bank
operations include a private banking division, three loan
production offices, one drive-up office and 46 full-service offices
in Pennsylvania, Ohio, New York and Virginia. CNB Bank’s divisions
include ERIEBANK, based in Erie, Pennsylvania, with offices in
Northwest Pennsylvania and Northeast Ohio; FCBank, based in
Worthington, Ohio, with offices in Central Ohio; BankOnBuffalo,
based in Buffalo, New York, with offices in Western New York; and
Ridge View Bank, with loan production offices in the Southwest
Virginia region. CNB Bank is headquartered in Clearfield,
Pennsylvania, with offices in Central and North Central
Pennsylvania. Additional information about CNB Financial
Corporation may be found at www.CNBBank.bank.
Contact: Tito L. Lima
Treasurer
(814) 765-9621
CNB Financial (NASDAQ:CCNE)
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