INDIANA, Pa., July 9, 2012 /PRNewswire/ -- First Commonwealth Financial Corporation (NYSE: FCF) today announced that Sue A. McMurdy is leaving the organization. Ms. McMurdy has been with First Commonwealth for more than 33 years, most recently serving as Executive Vice President & Chief Information Officer. (Logo: http://photos.prnewswire.com/prnh/20030416/FIRSTLOGO ) T. Michael Price, President and CEO of First Commonwealth Financial Corporation, commented, "I want to acknowledge and thank Sue for the significant contributions she has made to First Commonwealth over the past three decades. She has developed a talented core of technology professionals who have helped our organization grow organically and through the successful integration of numerous community banks, which today represent the core of First Commonwealth Bank. Through it all, Sue has been the embodiment of the values we embrace at First Commonwealth, and we wish her the very best in her future endeavors." Ms. McMurdy also reflected on her time with First Commonwealth, stating, "I have had the good fortune to be a part of an amazing team of technology professionals. I am very proud of all that we have accomplished, and I'm equally excited for what this extraordinary team will accomplish in the future." Ms. McMurdy has served as First Commonwealth's Chief Information Officer for 12 years. Ms. McMurdy began her career with First Commonwealth in 1978 as a Programmer Trainee and previously served as President and Chief Executive Officer of First Commonwealth Systems Corporation, the information technology and data processing affiliate of First Commonwealth, until its merger with First Commonwealth Bank in 2006. About First Commonwealth Financial Corporation First Commonwealth Financial Corporation is a $6.0 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
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.