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United States

W V S Financial Corp (WVFC.OQ)

WVFC.OQ on NASDAQ Stock Exchange Global Market

15.51USD
20 Oct 2017
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Summary

Name Age Since Current Position

John Grace

73 2015 Independent Chairman of the Board

David Bursic

54 1998 President, Chief Executive Officer, Director

Michael Rutan

55 2012 Senior Vice President of Operations

Linda Butia

63 2016 Vice President, Chief Accounting Officer, and Treasurer of the Company and the Bank

John Howard

62 2014 Independent Director

Lawrence Lehman

64 2002 Independent Director

Edward Twomey

62 2015 Independent Director

Joseph Unger

55 2013 Independent Director

Biographies

Name Description

John Grace

Mr. John W. Grace is Independent Chairman of the Board of the Company. He is President and director of G & R Investment Consultants, Inc., a registered investment advisor located in Pittsburgh, Pennsylvania. As an experienced investment advisor and investor, Mr. Grace brings valuable financial acumen and insight to the board of directors.

David Bursic

Mr. David J. Bursic is President, Chief Executive Officer, Director of the Company. He served as Senior Vice President, Treasurer and Chief Financial Officer of the Company and the Savings Bank since 1992 and in various positions with the Company and the Savings Bank since 1985. Mr. Bursic serves as a special advisor to the board of North Hills Community Outreach, a non-profit organization. Mr. Bursic also serves as a member of the Superintendent’s Business Roundtable for the North Allegheny School District and as a participant on the Federal Reserve Bank of Atlanta’s Decision-Maker Panel. Mr. Bursic’s service as President and Chief Executive Officer, his prior positions with the Company, extensive experience in the local banking industry and involvement in business and civic organizations in the Savings Bank’s market area provide the board of directors valuable insight regarding the business and operations of the Company.

Michael Rutan

Mr. Michael R. Rutan is Senior Vice President of Operations of the Company. He served in various increasing roles of responsibility in the Risk Management, Human Resources, and Finance functions of the PNC Financial Services Group, Inc. beginning in October 1993. Prior thereto, Mr. Rutan served as a bank examiner with the Office of Thrift Supervision (“OTS”, now the Office of Comptroller of the Currency “OCC”).

Linda Butia

Ms. Linda K. Butia is Vice President, Chief Accounting Officer, and Treasurer of the Company and the Bank of the Company. She is a Certified Public Accountant with extensive experience in the banking industry. Prior to joining the Company, Ms. Butia served as a consultant working with financial services clients for Resources Global Professionals. Prior to that, she served as an Accounting Manager with First Place Bank, Warren, Ohio and as Controller for Parkvale Bank. Prior to that, Ms. Butia had served in a variety of positions with BNY Mellon, and as an Accountant with Price Water house Coopers.

John Howard

Mr. John A. Howard Jr. is Independent Director of the Company. He served as Senior Vice President, Chief Financial Officer, Secretary and Treasurer of Laurel Capital Group, Inc. and its wholly owned subsidiary, Laurel Savings Bank, Allison Park, Pennsylvania until September 2006. Mr. Howard brings valuable audit and public company reporting experience to the board from his prior service as Chief Financial Officer for two publicly traded holding companies of financial institutions in the greater Pittsburgh area. Accordingly, the board of directors believes that Mr. Howard meets the requirements adopted by the SEC for qualification as an audit committee financial expert and he serves as chairman of the Company’s audit committee.

Lawrence Lehman

Mr. Lawrence M. Lehman is Independent Director of the Company. He served as Office Manager, Dinnin & Parker Associates, an insurance agency located in Oakmont, Pennsylvania; former owner/sole proprietor of Newton-Lehman Agency, an insurance agency located in Pittsburgh, Pennsylvania. Mr. Lehman’s background as a business owner in the Company’s market area position him as well qualified to serve as a director.

Edward Twomey

Mr. Edward F. Twomey III, is Independent Director of the Company. He is Director of Institutional Sales at Piper Jaffray & Co., a broker/dealer that has sold securities to the Company. Mr. Twomey’s broad financial experience provides valuable industry expertise and awareness to the Board of Directors.

Joseph Unger

Mr. Joseph W. Unger is Independent Director of the Company. He is President of White Heating, Inc., a heating, cooling and air products and services provider located in Pittsburgh, Pennsylvania, since 1978. In addition, Mr. Unger has served as an Advisory Board Member of the A.W. Beattie Career Center, a trade school located in Pittsburgh, Pennsylvania, since 1994 and formerly served in various positions, including President, for the Air Conditioning Contractors of America from 1989 to 1996. Mr. Unger also serves as a member of the Builders Association of Metropolitan Pittsburgh, the North Suburban Builders Association, the Better Business Bureau and the North Pittsburgh Chamber of Commerce. Mr. Unger’s extensive business experience and service in the local market make him well qualified to serve as a director of the Company.

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