People: Royal Bancshares of Pennsylvania Inc (RBPAA.O)

RBPAA.O on Consolidated Issue listed on NASDAQ Global Market

1.73USD
18 Sep 2014
Price Change (% chg)

$0.02 (+1.17%)
Prev Close
$1.71
Open
$1.71
Day's High
$1.77
Day's Low
$1.65
Volume
67,774
Avg. Vol
55,042
52-wk High
$3.88
52-wk Low
$1.30

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Summary

Name Age Since Current Position

Robert Tabas

58 2012 Chairman of the Board

F Tylus

59 2013 President, Chief Executive Officer, Director

Michael Thompson

42 2012 Chief Financial Officer

Andrew Miller

59 2012 Executive Vice President, Chief Lending Officer

Robert Kuehl

65 2012 Chief Administrative Officer

William Hartman

65 2012 Lead Independent Director

Linda Stempel

62 2003 Director

Murray Stempel

59 2012 Director

Howard Wurzak

59 1987 Director

Edward Bradley

70 2008 Independent Director

Wayne Huey

69 2011 Independent Director

Michael Piracci

68 2010 Independent Director

Edward Tepper

75 1986 Independent Director

Gerard Thomchick

2011 Independent Director

Marc Sanders

IR Contact

Biographies

Name Description

Robert Tabas

Mr. Robert R. Tabas is Chairman of the Board of Royal Bancshares of Pennsylvania, Inc. He is no longer Chief Executive Officer of the Company, effective end of 2012. He is the Chairman and Chief Executive Officer of Royal Bank America. For the board of directors to run efficiently and effectively, the company believe that Mr. Tabas’ participation on the board of directors is necessary and assists the board of directors in overseeing management’s progress on corporate initiatives and strategic plans, given his previous experience within the Corporation and his role as Chief Executive Officer.

F Tylus

Mr. F. Kevin Tylus is the President, Chief Executive Officer and Director of Royal Bancshares Of Pennsylvania Inc., since February 20, 2013 . He is the Chief Executive Officer and President since December 18, 2012 of Royal Bank America. Mr. Tylus’ prior experience as a Regional President for PNC Bank, as President and member of the Board of Directors of Yardville Bank as well as numerous progressively-responsible leadership positions in the financial services, insurance, and healthcare industries provides critical skills for the board of directors’ oversight of capital management, retail banking, lending, corporate governance and strategic planning.

Michael Thompson

Mr. Michael S. Thompson is appointed as the Chief Financial Officer of Royal Bancshares of Pennsylvania Inc., since September 24, 2012. He has served as the Chief Accounting Officer of Royal Bancshares of Pennsylvania, Inc., and its wholly owned banking subsidiary, Royal Bank America (the “Bank”) and as a senior officer of Royal and the Bank since 1999.

Andrew Miller

Mr. Andrew J. Miller is Executive Vice President, Chief Lending Officer of ROYAL BANCSHARES OF PENNSYLVANIA, INC. Prior to May 2012, Mr. Miller served as chief lending officer of Beneficial Mutual Savings Bank.

Robert Kuehl

Mr. Robert A. Kuehl is Chief Administrative Officer of Royal Bancshares of Pennsylvania Inc., since September 24, 2012. He served as the Corporation’s Chief Financial Officer from October 2008 until September 2012. He previously served as a Senior Vice President and Chief Financial Officer of Parke Bancorp since 2006. Prior thereto, Mr. Kuehl served as an independent financial consultant in Philadelphia, Pennsylvania, a Senior Vice President and Chief Financial Officer of Western Ohio Corporation, Springfield, Ohio, and Chief Financial Officer of Superior Financial Corp., Little Rock, Arkansas.

William Hartman

Mr. William R. Hartman is Lead Independent Director of Royal Bancshares of Pennsylvania Inc., since March 29, 2012. He was previously Chairman of the Board of Citizens Republic Bancorp in 2009, a regional diversified financial services company in Flint, Michigan, and prior thereto was Chairman, President and Chief Executive Officer. Prior to that he was Chairman, President and CEO for two subsidiaries of Banc One Corporation, which was one of the regional banks in the United States. He previously held executive positions within other regional and community banks with experience in commercial lending. He has served as President and CEO of York County Community Foundation since 2009 and has served as a trustee, executive committee member, chairman of the finance and audit committee and as vice chairman of the board of Kettering University and was formerly a director of the Detroit Branch of the Federal Reserve Bank of Chicago. Mr. Hartman’s prior leadership and lending experience in consumer and commercial banking in much larger financial institutions provides invaluable skills important for the board of directors’ oversight of lending, corporate governance and strategic planning.

Linda Stempel

Mrs. Linda Tabas Stempel is Director of Royal Bancshares of Pennsylvania Inc., since 2003. She was previously Director of Investor Relations for the Corporation. As previous Director of Investor Relations, she assists the board of directors in functioning effectively by communicating to the Board feedback and insight from the Corporation’s shareholders. Additionally, her past experience as a licensed securities broker is beneficial to the company investment committee of which Mrs. Stempel is a member.

Murray Stempel

Mr. Murray Stempel, III serves as Director of Royal Bancshares of Pennsylvania, Inc. He was previously Vice Chairman of the Corporation from December 2008 (and, prior thereto, Executive Vice President of the Corporation and Royal Bank America) until December 31, 2012. From 2004 until 2008, he served as Executive Vice President and Chief Lending Officer at Royal Bank America. Mr. Stempel, is a member of the board of trustees of RAIT Financial Trust (“RAIT”), a publicly traded, self-managed and self-advised real estate investment trust since December 2006 and is Chairman of their Nominating and Governance Committee. RAIT offers a set of debt financing options to the commercial real estate industry, fixed income trading and advisory services, owns and manages a portfolio of commercial real estate properties, and manages real estate-related assets for third parties. Mr. Stempel’s knowledge of Royal Bank America’s lending practices and of commercial real estate investments generally, which remain a substantial portion of the Bank’s loan portfolio, are important to the board of directors’ oversight of the Bank’s lending relationships.

Howard Wurzak

Mr. Howard J. Wurzak is Director of Royal Bancshares of Pennsylvania Inc., since 1987. He is President and CEO of the Hilton Hotel Philadelphia, Westin Hotel and JCB Management, LLC. Mr. Wurzak’s real estate development and ability to manage organizations demonstrates that he possesses the knowledge regarding the industries the company serve and the management skills that the company value in the members of the company board of directors.

Edward Bradley

Mr. Edward F. Bradley, CPA, is Independent Director of Royal Bancshares of Pennsylvania Inc., since December 17, 2008. He is currently an adjunct professor at Philadelphia University. He was previously a partner at Grant Thornton, a public accounting firm in Philadelphia, Pennsylvania.

Wayne Huey

Mr. Wayne R. Huey, Jr., is Independent Director of Royal Bancshares of Pennsylvania Inc., since September 30, 2011. He was previously Executive Vice President of Montgomery Chemicals, a regional chemical manufacturer and supplier to specialty industries, and prior thereto was Senior Vice President of Private Banking at Nova Savings Bank, a local community bank from 2004 until 2005. From 1998 until 2004 he was Vice Chairman and Managing Director of Millennium Bank, a community bank that was merged into Harleysville National Corporation. He was also employed as an Executive Vice President by CoreStates Bank and Meridian Bancorp. He previously held executive positions within other community banks with experience in retail banking, administration, commercial lending and marketing. He is currently a board member, capital campaign co-chair and member of the executive committee of Paoli Memorial Hospital Foundation.

Michael Piracci

Mr. Michael J. Piracci is Independent Director of Royal Bancshares of Pennsylvania Inc., since May 19, 2010. He is currently President of M. Piracci Consulting, Inc, an independent consulting company providing consulting services to financial institutions primarily related to banking regulations. He was previously the Assistant Regional Director of the New York Office of the FDIC and was an examiner for many years. He also serves on the board of directors for Quontic Bank in Great Neck, New York.

Edward Tepper

Mr. Edward B. Tepper is Independent Director of Royal Bancshares of Pennsylvania Inc., since 1986. He is the President of Tepper Properties, a real estate investment company in Villanova, Pennsylvania. Because real estate lending relationships are an important part of the Corporation’s business, Mr. Tepper’s experience in real estate investing in the primary region in which the Corporation operates is important for the board of directors’ oversight of lending practices and the development of future lending relationships for the Corporation’s banking subsidiaries.

Gerard Thomchick

Mr. Gerard M. Thomchick is Independent Director of Royal Bancshares of Pennsylvania Inc., since July 15, 2011. He is currently President of GMT, LLC, a consulting company. Previously he was Senior Executive Vice President and Chief Operating Officer of First Commonwealth Financial Corporation, a regional financial services company in western Pennsylvania from 1995-2007 and was President and CEO of First Commonwealth Bank, a regional bank and subsidiary of the Corporation from 2005 to 2007. He has served the community during his career in various civic activities including Rotary President. He was previously a board member of the FHLB in Pittsburgh and was acting Chief Risk Officer and Chairman of the Credit Committee for the FHLB in 2009. He was also a member of the American Bankers Executive Council and served on the Financial Services Roundtable.

Marc Sanders

Basic Compensation

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