This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

T. Michael Price Named President And CEO At First Commonwealth Financial Corporation

INDIANA, Pa., March 7, 2012 /PRNewswire/ -- First Commonwealth Financial Corporation (NYSE: FCF) today announced that its Board of Directors has named T. Michael Price as President and Chief Executive Officer.  Mr. Price was also appointed to First Commonwealth Financial Corporation's Board.  Mr. Price's appointment as President and CEO follows a national search led by executive recruiting firm Korn/Ferry International.

(Logo: )

"After concluding an extensive search process, the Board of Directors and I believe Mike Price is ideally suited to lead First Commonwealth into the future," stated David S. Dahlmann, Chairman of the Board.  "Mike has a deep understanding of our products, our markets, and our community banking heritage.  At the same time, he has a proven track record of execution and innovation.  I am confident that Mike will be a powerful agent of change for our organization."

Commenting on his appointment, Mr. Price noted, "I am honored by the opportunity to work alongside the talented team members at First Commonwealth, and I am excited by the potential that exists within our marketplace.  We will be relentlessly focused on building a culture of operating excellence and delivering a consistently superior customer experience."

Prior to his appointment as President & CEO of First Commonwealth Financial Corporation, Mr. Price served as President of First Commonwealth Bank since November 2007.  In this capacity, Mr. Price oversaw all bank functions, including Retail Banking, Corporate Banking, Wealth Management, Small Business Banking, Credit Administration, Marketing, and Product Development.  Mr. Price's distinguished financial services career spans more than 25 years.

Mr. Price and his wife, Heather, reside in Johnstown, PA with their five daughters.

About First Commonwealth Financial Corporation First Commonwealth Financial Corporation is a $5.8 billion financial holding company headquartered in Indiana, Pennsylvania.  It operates 112 retail branch offices in 15 counties in western and central Pennsylvania through First Commonwealth Bank, a Pennsylvania chartered bank and trust company.  Financial services and insurance products are also provided through First Commonwealth Insurance Agency and First Commonwealth Financial Advisors, Inc.

SOURCE First Commonwealth Financial Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs