PHILADELPHIA--(Business Wire)--
Richard J. Green,Vice Chairman and Chief Executive Officer of Firstrust, today
announced Margaret (Peggy) H. Leimkuhler has been appointed Chief Operating
Officer effective October 22, 2009. Ms. Leimkuhler is a proven financial
services executive with more than twenty years banking experience and expertise
in the areas of Operations, Information Technology and Human Resources. For the
past four years, Leimkuhler served as Firstrust`s Chief Administrative Officer.
"Firstrust continues to strengthen its executive team," said Mr. Green. "In her
four short years with Firstrust, Peggy has distinguished herself by streamlining
our operations and infrastructure."
In her new role, she will continue to report to Timothy J. Abell, President of
Firstrust.
Commenting on the announcement, Mr. Abell said: "Peggy is a talented and
respected leader who brings an ideal combination of strategic and operational
skills to her new position within the organization. I am confident that her
strong business acumen, comprehensive understanding of the regulatory
environment, customer orientation and passion for the banking business will
greatly benefit Firstrust."
Leimkuhler serves as a member of the World Affairs Council of Philadelphia,
Philadelphia Reads and acts as mentor to students enrolled in Villanova`s School
of Business, Master of Science in Finance program.
Prior to joining Firstrust, Ms. Leimkuhler served as Chief Administrative
Officer at First Financial Bank in Chester County.
Ms. Leimkuhler received an Executive Masters in Business Administration from
Villanova University and conducted her undergraduate work at Temple University.
She resides with her family in Paoli, Pennsylvania.
About Firstrust Bank:
Founded in 1934 and currently in its third generation of ownership, Firstrust is
a privately-held bank with assets of $2.6 billion. Safe and Sound for 75 years,
Firstrust is a Small Business Administration (SBA) preferred lender, and
provides both retail and commercial services through its 24 banking offices
located in Bucks, Burlington, Chester, Lehigh, Montgomery and Philadelphia
counties. Continuing to meet the needs of its customers, Firstrust offers a wide
variety of deposit products, consumer and business loan options, commercial real
estate mortgages and cash-management products. For more information, visit
firstrust.com or call 800-220-BANK.
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Devine + Powers
Jay Devine, 215-568-2525
jdevine@devinepowers.com
Copyright Business Wire 2009
