People: Malvern Bancorp Inc (MLVF.O)

MLVF.O on Consolidated Issue listed on NASDAQ Global Market

13.49USD
26 Mar 2015
Change (% chg)

$0.19 (+1.47%)
Prev Close
$13.30
Open
$13.25
Day's High
$13.69
Day's Low
$13.24
Volume
15,937
Avg. Vol
11,318
52-wk High
$14.00
52-wk Low
$10.13

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Summary

Name Age Since Current Position

George Steinmetz

53 2014 Independent Chairman of the Board

Anthony Weagley

53 2014 President, Chief Executive Officer of Company and Malvern Federal Savings Bank

Therese Woodman

62 2014 Independent Vice Chairman of the Board

F. Claire Hughes

70 2014 Independent Director

John O'Grady

47 2014 Independent Director

Ralph Packard

69 2014 Independent Director

Stephen Scartozzi

62 2010 Independent Director

Robert Willson

54 2014 Independent Director

Biographies

Name Description

George Steinmetz

Mr. George E. Steinmetz is an Independent Chairman of the Board of Malvern Bancorp, Inc., since October 2014. He has served as Director since 2007. He is Owner, Matthews Paoli Ford, an automobile dealership, Paoli, Pennsylvania since 2002. Mr. Steinmetz’s background as a small business owner in the Bank’s market area position him as well qualified to serve as a Director.

Anthony Weagley

Mr. Anthony C. Weagley is President, Chief Executive Officer of Malvern Bancorp, Inc. and Malvern Federal Savings Bank from September 23, 2014 to Present; President and Chief Executive Officer of Center Bancorp, Inc. and Union Center National Bank from 2007 to June 2014. Mr. Weagley is recognized as a leader in the financial services industry with over 35 years of industry experience. Most recently he had served as President and Chief Executive Officer of Center Bancorp, Inc. and its wholly owned subsidiary Union Center National Bank, a $1.7 billion bank which was headquartered in Union, New Jersey, since 2007. Prior to 2007, Mr. Weagley served as Chief Financial Officer and in various other positions over a career of more than 30 years with Center Bancorp and Union Center National Bank.

Therese Woodman

Ms. Therese Woodman is an Independent Vice Chairman of the Board of Malvern Bancorp, Inc., since October 2014. She is Township Manager of East Whiteland Township since February 2001. Ms. Woodman brings a experience to the Board with respect to local community matters, particularly in the areas of planning and development, which makes her well qualified to serve as a Director.

F. Claire Hughes

Mr. F. Claire Hughes, Jr., is an Independent Director of Malvern Bancorp, Inc., since 2001. He served as Chairman of the Board since 2008 to October 2014. He is Retired since January 2007. Previously Vice President, General Manager and Treasurer of Matthews Ford and President of Matthews Leasing Company, Paoli, Pennsylvania. Mr. Hughes’ business and financial experience as manager of a small business and president of a leasing company make him well qualified to serve as a director.

John O'Grady

Mr. John P. O'Grady is an Independent Director of Malvern Bancorp, Inc., since 2014. He has been the managing member and the portfolio manager and trader at Tucana Capital Management LLC since October 2007. Mr. O’Grady has also been the portfolio manager at both Renatus Investments and Renasco Investments since July 2011. Mr. O’Grady formed a real estate fund in 2009, which studied mispriced real estate assets listed for sale by banks. The fund also invested in small, mid-sized and large capitalization banks. Mr. O’Grady previously was employed in trading and investment banking in the global institutional fixed income market for 10 years with Merrill Lynch Peirce Fenner & Smith. His experience in investment banking and real estate as well as his past experience in real estate funds, investments and trading make him well qualified to serve as a Director.

Ralph Packard

Mr. Ralph K. Packard is an Independent Director of Malvern Bancorp, Inc., since 2014. Mr. Packard is retired. He previously was employed in various positions by the Vanguard Group, Inc. from 1986 through 2008, retiring as Managing Director and Chief Financial Officer. Mr. Packard’s career experience in investment management and in corporate financial services and internal audit services make him well qualified to serve as a Director.

Stephen Scartozzi

Mr. Stephen P. Scartozzi is an Independent Director of Malvern Bancorp, Inc. He is President of The Hardware Center, Inc., Paoli, Pennsylvania since 2008.

Robert Willson

Mr. Robert C.F. Willson is an Independent Director of Malvern Bancorp, Inc., since 2014. He is an attorney and partner with the firm of Lentz, Cantor & Massey, Ltd., Malvern, Pennsylvania. Mr. Willson joined the Company’s Board of Directors in April 2014. Mr. Willson’s career as an attorney in our local market area makes him well-qualified to serve as a Director.

Basic Compensation

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