People: Susquehanna Bancshares Inc (SUSQ.O)
SUSQ.O on Nasdaq
12.16USD
24 May 2013
12.16USD
24 May 2013
Price Change (% chg)
$0.03 (+0.25%)
$0.03 (+0.25%)
Prev Close
$12.13
$12.13
Open
$12.10
$12.10
Day's High
$12.18
$12.18
Day's Low
$11.99
$11.99
Volume
547,839
547,839
Avg. Vol
1,097,170
1,097,170
52-wk High
$12.59
$12.59
52-wk Low
$8.87
$8.87
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
William Reuter |
63 | 2008 | Chairman of the Board, Chief Executive Officer |
Andrew Samuel |
50 | 2012 | President, Chief Revenue Officer, Director |
Drew Hostetter |
58 | 2012 | Chief Financial Officer, Executive Vice President |
Gregory Duncan |
57 | 2011 | Chief Operating Officer, Executive Vice President |
Michael Quick |
64 | 2007 | Executive Vice President, Chief Corporate Credit Officer |
Bruce Hepburn |
70 | 2011 | Independent Lead Director |
Anthony Agnone |
59 | 2008 | Independent Director |
Wayne Alter |
60 | 2001 | Independent Director |
Henry Gibbel |
53 | 2011 | Independent Director |
Donald Hoffman |
70 | 2007 | Independent Director |
Sara Kirkland |
64 | 2011 | Independent Director |
Jeffrey Lehman |
60 | 2012 | Independent Director |
Michael Morello |
59 | 2006 | Independent Director |
Scott Newkam |
62 | 2007 | Independent Director |
Robert Poole |
62 | 2012 | Independent Director |
Christine Sears |
57 | 2007 | Independent Director |
James Ulsh |
66 | 2007 | Independent Director |
Carl Lundblad |
Senior Vice President |
Biographies
| Name | Description |
|---|---|
William Reuter |
Mr. William J. Reuter is Chairman of the Board, Chief Executive Officer of Susquehanna Bancshares Inc. Mr. Reuter has served as the Chief Executive Officer of Susquehanna since 2001 and as the Chairman of the board since 2002. Mr. Reuter has been the Chairman of the board of Susquehanna Bank since 2001. |
Andrew Samuel |
Mr. Andrew S. Samuel is President, Chief Revenue Officer, Director of Susquehanna Bancshares Inc. Prior to joining Susquehanna, beginning in 2005, Mr. Samuel served as Chairman, Chief Executive Officer and President of Tower Bancorp, Inc. and Graystone Financial Corp. Mr. Samuel has served in various executive positions at other financial institutions dating back to 1984 including Waypoint Financial Corp., Sovereign Bank, Fulton Bank and Commonwealth National Bank/Mellon. He serves as a director of several of Susquehanna’s subsidiaries, including Susquehanna Bank, Valley Forge Asset Management Corp., and Susquehanna Commercial Finance Inc. |
Drew Hostetter |
Mr. Drew K. Hostetter is no longer Chief Financial Officer, Executive Vice President of Susquehanna Bancshares Inc., effective December 31, 2013. He joined Susquehanna in 1994 and has held several positions with the organization. He was named Executive Vice President, Treasurer and Chief Financial Officer in 2001. He has served as Chairman of the Board of subsidiary, Hann Financial Service Corp., since February 2004. Prior to joining Susquehanna, Mr. Hostetter had been a senior officer at MNC Financial and Equitable Bancorporation. Mr. Hostetter is a Certified Public Accountant and began his career with Price Waterhouse. |
Gregory Duncan |
Mr. Gregory A. Duncan is Chief Operating Officer, Executive Vice President of Susquehanna Bancshares Inc. From September 2009 to August 2010, he served as Executive Vice President and Chief Operating Officer of First Interstate Bancsystem, Inc. and served as its Chief Banking Officer from May 2008 to September 2009. In addition, Mr. Duncan also served as a director of First Interstate Bank from June 2008 to August 2010 and was a director of First Western Bank and The First Western Bank Sturgis from June 2008 until the two banks were merged into First Interstate Bank in September 2009. Prior to joining First Interstate Bancsystem, Inc. in May 2008, Mr. Duncan served as President and Chief Executive Officer of Susquehanna Bank PA since October 2005 and Executive Vice President of Susquehanna since January 2000. From May 2001 until May 2007, he also served as Chief Operating Officer of Susquehanna. Prior to those appointments, Mr. Duncan served in various executive positions within Susquehanna or its subsidiaries since 1987. |
Michael Quick |
Mr. Michael M. Quick is Executive Vice President, Chief Corporate Credit Officer of Susquehanna Bancshares Inc. He joined Susquehanna in February 1997 in conjunction with Susquehanna’s acquisition of Equity National Bank. He was named Executive Vice President and Chief Corporate Credit Officer in July 2007. Since 2004, Mr. Quick has served in numerous executive positions with Susquehanna or its subsidiaries, including as a director of Susquehanna Bank and its predecessor banks. Mr. Quick began his banking career in 1970 and served as an officer of several financial institutions including Industrial Valley Bank and Trust Company; Midlantic National BankSouth; and Equity National Bank. Mr. Quick is also a past chairman of the New Jersey Bankers Association. |
Bruce Hepburn |
Mr. Bruce A. Hepburn is Independent Lead Director of Susquehanna Bancshares Inc. Mr. Hepburn has been a certified public accountant since 1967 and has been self-employed in Lancaster County, Pennsylvania as such since 1994. Mr. Hepburn currently serves as the Independent Lead Director of Susquehanna and has served in this position since January 2011. Previously, Mr. Hepburn was the Chief Financial Officer of Woodstream Corporation, a publicly held company, and also the President and part owner of Tatco, Inc., a building products distributor. |
Anthony Agnone |
Mr. Anthony J. Agnone, Sr., serves as Independent Director of Susquehanna Bancshares Inc. Mr. Agnone is the owner and President of Eastern Athletic Services in Hunt Valley, Maryland, a full-service organization providing pre-draft counseling; contract negotiations; financial, budget and tax planning; and marketing and endorsement opportunities to professional athletes and broadcasters, which Mr. Agnone founded in 1978. He has been an adjunct member of the faculty of the University of Baltimore School of Law since 1998 as well as a member of the board of directors of the Sports Lawyers Association since 1984, where he is currently serving as president. |
Wayne Alter |
Mr. Wayne E. Alter, Jr., is Independent Director of Susquehanna Bancshares Inc. Mr. Alter has been the Chairman and Chief Executive Officer of DynaCorp, Inc., a real estate development and management company located in Hagerstown, Maryland, since 1988. He is also a Managing Member of each of the following real estate ownership and management companies: Fountain Vista, LLC, Kensington LLC, Collegiate Acres LLC, Black Rock Meadows LLC, Kensington Commercial Center LLC and the Alter Family Reserve, LLC. Mr. Alter is the Chairman of First Action Security Team, Inc., a nationwide product distributor in the security industry based in Hagerstown, Maryland. He is also the Chairman of Dynamark Monitoring, Inc., a nationwide security monitoring company based in Hagerstown, Maryland. |
Henry Gibbel |
Mr. Henry R. Gibbel is Independent Director of Susquehanna Bancshares Inc. Mr. Gibbel has been the President and Chief Operating Officer of Lititz Mutual Insurance Company located in Lititz, Pennsylvania since 2008. He also serves as President and Chief Operating Officer of Penn Charter Mutual Insurance Company, Pennsylvania, Farmers’ and Mechanics’ Mutual Insurance Company and Livingston Mutual Insurance Company, each located in Lititz, Pennsylvania. He has served in executive positions at Lititz Mutual Insurance Company and Penn Charter Mutual Insurance Company since 1987, at Farmers’ and Mechanics’ Mutual Insurance Company since 1999 and at Livingston Mutual Insurance Company since 2000. |
Donald Hoffman |
Mr. Donald L. Hoffman is Independent Director of Susquehanna Bancshares Inc. Mr. Hoffman has been the Chief Executive Officer and Chief Financial Officer of Hoffman’s Catering located in Hagerstown, Maryland since 1993. He has also been the Chief Executive Officer and Chief Financial Officer of Security Road, LLC, a retailer and wholesaler of meats, in Hagerstown, Maryland, since 2006. Mr. Hoffman was the President and Chief Executive Officer of Roy L. Hoffman & Sons, Inc., a meat processing, manufacturing, distribution and catering company located in Hagerstown, Maryland, from 1968 to 2011. |
Sara Kirkland |
Ms. Sara G. Kirkland is Independent Director of Susquehanna Bancshares Inc. Ms. Kirkland has been a Senior Vice President of Susquehanna University in Selinsgrove, Pennsylvania since January 2012. From May 2001 to December 2011, she served as the Executive Vice President for Administration & Planning at Susquehanna University. From July 2000 to February 2001, she served as Acting President of Susquehanna University. From 1985 to her appointment as Executive Vice President in 2001, she served as Vice President for University Relations. |
Jeffrey Lehman |
Mr. Jeffrey F. Lehman is Independent Director of Susquehanna Bancshares Inc. Mr. Lehman is President and Chief Executive Officer of Shank’s Extracts, Inc., located in Lancaster, Pennsylvania. Mr. Lehman served as a director of Tower Bancorp, Inc. (“Tower”) from March 2009 until February 2012, at which time Mr. Lehman was appointed as a director of Susquehanna in connection with the merger of Susquehanna and Tower. |
Michael Morello |
Mr. Michael A. Morello is Independent Director of Susquehanna Bancshares Inc. Mr. Morello is the owner of Stardust Development Company, LLC, a self-storage and real estate development company located in Marmora, New Jersey, and Stagecoach Investors, LLC and Nine & Stagecoach, LLC, both real estate development companies located in Marmora, New Jersey. Mr. Morello is also the owner of Chocolates in Paradise, LLC, a Kilwins Chocolate franchise located in Key West, Florida. Mr. Morello is the former owner and Chief Executive Officer of Minot Food Packers, Inc. |
Scott Newkam |
Mr. Scott J. Newkam is Independent Director of Susquehanna Bancshares Inc. Mr. Newkam is the retired Chairman, President and Chief Executive Officer of Hershey Entertainment & Resorts Company, a private company that owns and operates resort and entertainment facilities in Hershey, Pennsylvania. Prior to his tenure as Chairman, President and Chief Executive Officer, Mr. Newkam served in various positions with Hershey from 1981 to 1999 where, as a certified public accountant, he supervised and was actively involved in the preparation of financial statements. From 2003 through 2007, Mr. Newkam served as a director of Community Banks, Inc., a public company that was acquired by Susquehanna in 2007. |
Robert Poole |
Mr. Robert E. Poole, Jr., is Independent Director of Susquehanna Bancshares Inc. Mr. Poole is Chairman, President and Chief Executive Officer of S&A Homes, Inc., Poole Anderson Construction and Allied Mechanical & Electrical, Inc., each located in State College, Pennsylvania. Mr. Poole served as a director of Tower from March 2009 until February 2012, at which time Mr. Poole was appointed as a director of Susquehanna in connection with the Tower merger. |
Christine Sears |
Ms. Christine Sears is Independent Director of Susquehanna Bancshares Inc. Ms. Sears, a certified public accountant, is an Executive Vice President and the Chief Operating Officer of Penn National Insurance, an insurance company located in Harrisburg, Pennsylvania. From 2007 to April 2010, Ms. Sears was an Executive Vice President and the Chief Financial Officer of Penn National Insurance. Ms. Sears joined Penn National in 1980 and has held various management positions within the company since that time. |
James Ulsh |
Mr. James A. Ulsh is Independent Director of Susquehanna Bancshares Inc. Mr. Ulsh has been a practicing attorney and shareholder of Mette, Evans & Woodside, a law firm located in Harrisburg, Pennsylvania, since 1973. |
Carl Lundblad |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
William Reuter |
4,529,510 |
Andrew Samuel |
1,090,590 |
Drew Hostetter |
2,166,600 |
Gregory Duncan |
1,762,410 |
Michael Quick |
1,949,090 |
Bruce Hepburn |
-- |
Anthony Agnone |
-- |
Wayne Alter |
-- |
Henry Gibbel |
-- |
Donald Hoffman |
-- |
Sara Kirkland |
-- |
Jeffrey Lehman |
-- |
Michael Morello |
-- |
Scott Newkam |
-- |
Robert Poole |
-- |
Christine Sears |
-- |
James Ulsh |
-- |
Carl Lundblad |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
William Reuter |
158,160 | 659,473 |
Andrew Samuel |
0 | 0 |
Drew Hostetter |
82,826 | 207,737 |
Gregory Duncan |
161,450 | 877,800 |
Michael Quick |
80,176 | 512,721 |
Bruce Hepburn |
0 | 0 |
Anthony Agnone |
0 | 0 |
Wayne Alter |
0 | 0 |
Henry Gibbel |
0 | 0 |
Donald Hoffman |
0 | 0 |
Sara Kirkland |
0 | 0 |
Jeffrey Lehman |
0 | 0 |
Michael Morello |
0 | 0 |
Scott Newkam |
0 | 0 |
Robert Poole |
0 | 0 |
Christine Sears |
0 | 0 |
James Ulsh |
0 | 0 |
Carl Lundblad |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DUNCAN GREGORY A |
1,837 | $11.55 |
WIEST ROGER V SR |
2,673 | $0.00 |
WHITE ROBERT W |
2,673 | $0.00 |
MORELLO MICHAEL A |
2,673 | $0.00 |
GIBBEL HENRY R |
2,673 | $0.00 |
AGNONE ANTHONY J SR |
2,673 | $0.00 |
SEARS CHRISTINE |
2,673 | $0.00 |
KIRKLAND SARA G |
2,673 | $0.00 |
POOLE ROBERT E JR |
2,673 | $0.00 |
HEPBURN BRUCE A |
2,673 | $0.00 |
NEWKAM SCOTT J |
2,673 | $0.00 |
ALTER WAYNE E JR |
2,673 | $0.00 |
ULSH JAMES A |
2,673 | $0.00 |
HOFFMAN DONALD L |
2,673 | $0.00 |
LEHMAN JEFFREY F |
2,673 | $0.00 |
QUICK MICHAEL M |
8,334 | $0.00 |
DUNCAN GREGORY A |
8,334 | $0.00 |
REUTER WILLIAM J |
3,561 | $10.48 |
QUICK MICHAEL M |
2,952 | $10.48 |
HOSTETTER DREW K |
2,544 | $10.48 |
REUTER WILLIAM J |
11,667 | $0.00 |
HOSTETTER DREW K |
8,334 | $0.00 |
DUNCAN GREGORY A |
2,544 | $10.48 |
QUICK MICHAEL M |
1,772 | $10.37 |
HOSTETTER DREW K |
1,527 | $10.37 |

