People: DNB Financial Corporation (DNBF.O)

DNBF.O on Consolidated Issue listed on NASDAQ Capital Market

5.51USD
9 Feb 2010
Price Change (% chg)

$-0.49 (-8.17%)
Prev Close
$5.51
Open
--
Day's High
$6.00
Day's Low
$5.50
Volume
2,989
Avg. Vol
1,000
52-wk High
$10.00
52-wk Low
$4.15

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Summary

Name Age Since Current Position
Latoff, William 60 2004 Chairman of the Board, Chief Executive Officer of the Corporation and the Bank
Hieb, William 52 2005 President, Chief Operating Officer, Chief Credit Officer, Director of the Corporation and the Bank
Sopp, Gerald 52 2007 Chief Financial Officer, Executive Vice President, Corporate Secretary
Hartmann, Richard 58 2006 Executive Vice President
Melfi, Albert 56 2006 Executive Vice President and Chief Lending Officer of Corporation and the Bank.
Moroney, Bruce 52 2007 Chief Financial Officer and Executive Vice President of the Bank
Thornton, James 63 1995 Director
Koegel, James 62 2003 Director
Silberman, Eli 69 2003 Director
Joyner, Mildred 59 2004 Director
Fillippo, Thomas 61 2006 Director
Griesser, Gerard 59 2009 Director
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Biographies

Name Description
Latoff, William Willam S. Latoff has been the Chairman and Chief Executive Officer of DNB Financial Corp and the Bank; Former Principal of Bliss & Company, Ltd., Certified Public Accountants.
Hieb, William William J. Hieb has been the President, Chief Operating Officer, Chief Credit Officer and Director of DNB Financial Corp and the Bank; Former Chief Operating Officer of the Corporation and the Bank; Former Senior Vice President of First Union National Bank and Managing Director of First Union Securities in Philadelphia.
Sopp, Gerald Gerald F. Sopp joined the DNB in January 2007 and currently serves as Executive Vice President, Chief Financial Officer and Corporate Secretary of the DNB Financial Corp. Mr. Sopp is directly responsible for the DNB Financial Corp’s financial reporting, budgeting, strategic planning and Sarbanes Oxley Compliance. During the five years prior to joining DNB, Mr. Sopp was employed during 2006 as the Vice President and Chief Compliance Officer with Wilmington Trust Corporation, Wilmington, Delaware. Previous to that, from 2000 to 2006, he was employed as Vice President and Controller of Wilmington Trust Corporation Delaware from 2000 to 2006.
Hartmann, Richard Richard J. Hartmann was named Executive Vice President of the DNB Financial Corp and the Bank to head up the Retail Banking Division in January 2006. Prior to his promotion, Mr. Hartmann served as Senior Vice President of the Bank in its Retail Banking Division since June 2005. For 4 years prior to joining the Bank, Mr. Hartmann served as Executive Vice President at Susquehanna Bank (Farmers First Bank), responsible for Retail Banking. During the previous 5 years, Mr. Hartmann was a Senior Vice President and Executive Relationship Market Banker at M&T Bank/Keystone Financial in Horsham, PA, responsible for M&T's Delchester Region.
Melfi, Albert Albert J. Melfi joined the DNB in November 2006 and currently serves as Executive Vice President and Chief Lending Officer of the DNB Financial Corp and the Bank. Prior to joining DNB, Mr. Melfi had been employed as a Regional Vice President with Commerce Bank, PA, N.A. In that position, he had dual responsibilities, including managing the lending function for the bank in Delaware County, Pennsylvania, and overseeing a retail branch region consisting of 12 branches
Moroney, Bruce Bruce E. Moroney joined the DNB in May 1992 and currently serves as Executive Vice President and Chief Financial Officer of the Bank. Prior to that, he served as Executive Vice President and Chief Financial Officer of both the Corporation and the Bank. Mr. Moroney is directly responsible for the Bank’s investment portfolio, asset/liability management and financial reporting and accounting.
Thornton, James James H. Thornton, Director of DNB Financial Corp. He is the Director of John Dempsey Hospital of the University of Connecticut Health Center (UCHC); Former Controller for the UCHC; President of Thornton Consulting; Former President and Chief Executive Officer of Brandywine Hospital.
Koegel, James Mr. Koegel, Director of DNB Financial Corp. He is President of Jones Motor Group, Inc.
Silberman, Eli Mr. Silberman, Director of DNB Financial Corp. He is the President of TSG, Inc., Marketing Consultant; Former Chairman of Earle Palmer Brown (Philadelphia Region).
Joyner, Mildred Mildred C. Joyner has been Director of DNB Financial Corp; Professor, Chairperson of the Undergraduate Social Work Program at West Chester University
Fillippo, Thomas Thomas A. Fillippo was elected as Director of the registrant of DNB Financial Corp./PA/ and its subsidiary, DNB First, National Association. Since 1972, he has served as President of Devault Foods, Inc.
Griesser, Gerard Mr. Gerard F. Griesser is the Director of DNB Financial Corporation. He is one of three owners of Prudential Fox & Roach Realtors, The Trident Group and ETC Inc. Prudential Fox & Roach Realtors is the country’s seventh largest home services company with 63 sales offices, 4,000 sales associates, and 800 employees in Delaware, Pennsylvania, and New Jersey. The Trident Group which includes Trident Insurance Agency, Trident Land Transfer Company and Trident Mortgage Company, has become one of the country’s premier one-stop shopping sources connected to a residential real estate company. He currently serves as the President of Fox Roach Charities, the charitable arm of Prudential Fox & Roach/Trident and formerly served as the Chairman of the Washington, DC-based, Real Estate Settlement Providers Council (RESPRO) and on the Board of Directors for Willow Financial Bank. Additionally, he has more than 14 years of experience in commercial banking.

Basic Compensation

Name Fiscal Year Total
Latoff, William 679,703
Hieb, William 251,312
Sopp, Gerald --
Hartmann, Richard 133,958
Melfi, Albert 226,733
Moroney, Bruce 151,612
Thornton, James --
Koegel, James --
Silberman, Eli --
Joyner, Mildred --
Fillippo, Thomas --
Griesser, Gerard --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Latoff, William 50,352 39,743
Hieb, William 22,300 7,200
Sopp, Gerald 0 0
Hartmann, Richard 0 0
Melfi, Albert 0 0
Moroney, Bruce 24,622 63,868
Thornton, James 0 0
Koegel, James 0 0
Silberman, Eli 0 0
Joyner, Mildred 0 0
Fillippo, Thomas 0 0
Griesser, Gerard 0 0

Insider Trading

Name Shares Traded Price
FILILIPO THOMAS A 1,346 $6.74
SOPP GERALD F 127 $6.96
SILBERMAN ELI 21 $7.04
MELFI ALBERT J JR 252 $6.96
JOYNER MILDRED C 1,703 $6.72
LATOFF WILLIAM S 3,337 $7.01
THORNTON JAMES H 1,495 $6.72
HIEB WILLIAM J 526 $6.67
HARTMAN RICHARD J 129 $6.92
KOEGEL JAMES J 1,915 $6.77
MORONEY BRUCE E 111 $6.96
LATOFF WILLIAM S 600 $6.99
LATOFF WILLIAM S 145 $6.60
MELFI ALBERT J JR 150 $6.23
HIEB WILLIAM J 200 $6.25
LATOFF WILLIAM S 820 $6.10
SOPP GERALD F 100 $6.28
MELFI ALBERT J JR 150 $7.20
HARTMAN RICHARD J 500 $7.20
LATOFF WILLIAM S 350 $7.20
LATOFF WILLIAM S 314 $8.50
SILBERMAN ELI 12 $8.50
FILILIPO THOMAS A 48 $8.50
HIEB WILLIAM J 11 $8.50
LATOFF WILLIAM S 200 $7.75
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