Edition:
United States

Univest Corporation of Pennsylvania (UVSP.OQ)

UVSP.OQ on NASDAQ Stock Exchange Global Select Market

28.45USD
15 Dec 2017
Change (% chg)

$0.50 (+1.79%)
Prev Close
$27.95
Open
$27.80
Day's High
$28.50
Day's Low
$27.80
Volume
280,890
Avg. Vol
32,146
52-wk High
$32.30
52-wk Low
$25.67

Summary

Name Age Since Current Position

William Aichele

66 2014 Chairman of the Board of the Corporation and the Bank

Jeffrey Schweitzer

43 2015 President and Chief Executive Officer, Director of Univest Corporation of Pennsylvania; Chief Executive Officer of Univest Bank and Trust Co.

Roger Deacon

53 2016 Chief Financial Officer, Senior Executive Vice President

Michael Keim

49 2016 President of Univest Bank and Trust Co., Director

Eric Deacon

46 2016 Executive Vice President, Chief Technology Officer of the Corporation and of the Bank

Duane Brobst

64 2015 Senior Executive Vice President, Chief Risk Officer of the Corporation and the Bank

K. Moyer

67 2005 Director

Natalye Paquin

2017 Director

Roger Ballou

65 2016 Independent Director

Todd Benning

56 2016 Independent Director

R. Lee Delp

70 1994 Independent Director

William Morral

70 2002 Independent Director

Glenn Moyer

65 2015 Independent Director

Thomas Petro

58 2016 Independent Director

Mark Schlosser

52 2005 Independent Director

Michael Turner

60 2015 Independent Director

Charles Zimmerman

58 2016 Independent Director

Biographies

Name Description

William Aichele

Mr. William S. Aichele is Chairman of the Board of Univest Corporation of Pennsylvania and Chairman of Univest Bank and Trust Co., a subsidiary of the Company. He served as the Corporation’s Chief Executive Officer from 1999 until his retirement on January 1, 2014 and has over forty years of experience in the financial services industry with the Corporation. Additionally, Mr. Aichele serves on numerous non-profit boards and the board of a local hospital, providing Mr. Aichele the necessary knowledge of the local economy.

Jeffrey Schweitzer

Mr. Jeffrey M. Schweitzer, CPA, is President and Chief Executive Officer, Director of Univest Corporation of Pennsylvania & Chief Executive Officer of Univest Bank and Trust Co. Schweitzer joined Univest in 2007 as executive vice president and chief financial officer. He Mr. Schweitzer serves as President and Chief Executive Officer of the Corporation and Chief Executive Officer of the Bank and has over twenty years of experience in the financial services industry. Mr. Schweitzer formerly served as the Corporation’s Chief Financial Officer since 2007 before his promotion to President and Chief Operating Officer on January 1, 2013 and to Chief Executive Officer on January 1, 2014. Additionally, Mr. Schweitzer serves on non-profit boards in the Corporation’s market, providing Mr. Schweitzer the necessary knowledge of the local economy and needs of the community.

Roger Deacon

Mr. Roger S. Deacon. CPA, is Chief Financial Officer, Senior Executive Vice President of the Company Univest and Univest Bank and Trust Co. Mr. Deacon has served as Executive Vice President and Chief Financial Officer of Fox Chase and Fox Chase Bank since April 2008. Mr. Deacon holds a B.S. in Business Administration from Bucknell University, majoring in accounting with a concentration in finance.

Michael Keim

Mr. Michael S. Keim, CPA is President of Univest Bank and Trust Co., Director of Univest Corporation of Pennsylvania. He is no longer Chief Financial Officer effective July 1, 2016. He joined Univest in 2008 as Senior Vice President, Mortgage Banking. He was promoted to EVP and CFO in January 2013, and President of Univest Bank and Trust Co in October 2015. Prior to joining Univest, he was a self-employed consultant working with a private equity firm to develop and implement a bank acquisition strategy. Keim also spent 14 years working for GMAC Residential where he had varied responsibilities including Senior Vice President and Managing Director of Consumer Lending, Chief Financial Officer of GMAC Mortgage and Executive Vice President and Chief Operating Officer of GMAC Bank. In his role as EVP and CFO, Keim oversees all areas of Finance, Treasury Services, Investor Relations, Operations and Property Management. Keim graduated from Temple University with a bachelor’s of science degree in accounting.

Eric Deacon

Mr. Eric W. Deacon is Executive Vice President, Chief Technology Officer of the Corporation and of the Bank. He has Senior Executive Vice President and Chief Financial Officer of the Corporation (formerly Chief Financial Officer of Fox Chase Bancorp, Inc.)

Duane Brobst

Mr. Duane J. Brobst is Senior Executive Vice President, Chief Risk Officer of Univest Corporation of Pennsylvania., and Univest Bank and Trust Co., a subsidiary of the Company. He was Executive Vice President, Chief Risk Officer of Univest Corporation of Pennsylvania., and Univest Bank and Trust Co., a subsidiary of the Company. He has been employed by the Corporation for past 17 years, as Chief Credit Officer prior to this position.

K. Moyer

Natalye Paquin

Roger Ballou

Mr. Roger H. Ballou is an Independent Director of the Company, effective July 1, 2016. Mr. Ballou was formerly a Director of Fox Chase Bancorp, Inc, a position he held since 2005 until the date of the merger. Mr. Ballou served until January 2011 as the President and Chief Executive Officer and a director of CDI Corporation (NYSE: CDI), a company that offers engineering, information technology and professional staffing solutions. Before joining CDI, Mr. Ballou served as Chairman and Chief Executive Officer of Global Vacation Group and as a senior advisor to Thayer Capital Partners. Previously, he was President and Chief Operating Officer of Alamo Rent-a-Car. Before joining Alamo, for more than 16 years, he held several positions with American Express, culminating in his appointment as President of the Travel Services Group. Mr. Ballou is also a director of Alliance Data Systems (NYSE: ADS) and RCM Technologies, Inc. (Nasdaq: RCMT). Mr. Ballou received a B.S. in Economics from the University of Pennsylvania's Wharton School and an M.B.A. from Dartmouth College's Amos Tuck School.

Todd Benning

Mr. Todd S. Benning CPA. is an Independent Director of the Company, effective July 1, 2016. Mr. Benning was formerly a Director of Fox Chase Bancorp, Inc, a position he held since 2005 until the date of the merger. Mr. Benning is a founding stockholder of Dunlap & Associates, PC, a full-service certified public accounting firm located in Chalfont, Pennsylvania. He served in the firm's Accounting Services Department and has over thirty years of experience in public accounting. Mr. Benning earned a Master of Taxation degree from Villanova University and is a graduate of Geneva College where he earned degrees in Accounting and Business Administration. As a founding stockholder of a certified public accounting firm, Mr. Benning provides the Board of Directors with critical experience regarding accounting matters and small company management and is a financial expert. He works extensively with companies within the regions in which the Corporation conducts its business.

R. Lee Delp

Mr. R. Lee Delp is Independent Director of Univest Corporation of Pennsylvania. Mr. Delp is Principal of R. L. Delp & Company. Mr. Delp serves on the boards of five other local corporations. Mr. Delp has held senior management positions, including Chief Executive Officer, in companies for over thirty years providing Mr. Delp with experience with respect to leadership, marketing and strategic direction. Addition-ally, Mr. Delp has served on the boards of a number of non-profit organizations the years.

William Morral

Mr. William G. Morral, CPA, is an Independent Director of Univest Corporation of Pennsylvania. Mr. Morral is a financial consultant and former Chief Financial Officer of Moyer Packing Company, which provided rendering and other services to the food processing industry. Additionally, Mr. Morral has experience in the public accounting field as a former partner at Arthur Young and Co. (now Ernst & Young LLP). Mr. Morral is the former Executive Director of the North Penn United Way. Mr. Morral has experience in the food processing industry which is an industry with operations in the markets the Corporation serves. Additionally, Mr. Morral has experience in financial analysis and internal controls.

Glenn Moyer

Mr. Glenn E. Moyer is an Independent Director of Univest Corporation of Pennsylvania. Glenn E. Moyer served as the Secretary of the Pennsylvania Department of Banking and Securities from April 2011 to January 2015 upon appointment by then Pennsylvania Governor Tom Corbett and confirmation by unanimous vote of the Pennsylvania Senate. At the conclusion of Mr. Moyer's public service in January 2015, the Department supervised more than 215 Pennsylvania state charted banks, credit unions and trust companies. Mr. Moyer also served as Chair of the Board of Directors of the Pennsylvania Housing Finance Agency and Vice Chair of the Pennsylvania Banking and Securities Commission and was a voting member of the following boards: the Commonwealth Financing Agency, the Pennsylvania Economic Development Financing Authority, the Pennsylvania Industrial Development Authority, the Pennsylvania Minority Business Development Authority, the Pennsylvania Energy Development Authority and the Certified Real Estate Appraisers Board. Mr. Moyer is currently the Board Chair and Trustee of the Wyomissing Foundation, a private family foundation with a public improvement purpose. Mr. Moyer was previously the President and Chief Executive Officer of National Penn Bancshares, Inc. and Elverson National Bank.

Thomas Petro

Mr. Thomas M. Petro is an Independent Director of the Company, effective July 1, 2016. Mr. Petro most recently served as President and Chief Executive Officer of Fox Chase Bank since 2005 and Fox Chase Bancorp, Inc. since its founding and initial public offering in 2006. Previously, Mr. Petro was President and Chief Executive Officer of Northeast Pennsylvania Financial Corporation. Mr. Petro is a venture investor in early-stage life sciences, Fintech and tech-enabled business services firms. He is Chairman of the Board of OrthogenRx, Inc. and a board member of two other private companies. He is past-chairman of the Pennsylvania Bankers Association and former board member of the American Bankers Association.

Mark Schlosser

Mr. Mark A. Schlosser is an Independent Director of Univest Corporation of Pennsylvania. Mr. Schlosser is the current treasurer and former president of Schlosser Steel, Inc. (Steel Manufacturing) and current president of Schlosser Steel Buildings, Inc. Through his roles at Schlosser Steel and Schlosser Steel Buildings, Mr. Schlosser has experience analyzing financial performance, real estate development and asset and property management. Mr. Schlosser is a former adjunct professor in real estate investment at the University of Denver. Additionally, Mr. Schlosser serves on non-profit boards along with the board of a local hospital.

Michael Turner

Mr. Michael L. Turner is an Independent Director of the Company. Mr. Turner was a founder of Valley Green Bank and served on its board of directors from 2005 until the acquisition on January 1, 2015. He has been a partner in Marshall, Dennehey, Warner, Coleman & Goggin since 2007. Previously, Mr. Turner was a founder and managing partner of the Philadelphia law firm Kelly, Jasons, McGuire & Spinelli from 1989 to 2007. Mr. Turner specializes in the preparation and trial of complex personal injury, product liability and criminal cases. Before entering into private practice, Mr. Turner was an Assistant District Attorney for the City of Philadelphia from 1981-1986. Mr. Turner is a member of the Pennsylvania Bar and serves on the Hearing Committee of the Disciplinary Board of the Supreme Court of Pennsylvania. He is also a member of the Board of the Center City Crime Victim Services Association and the Board of the Central High School of Philadelphia Alumni Association.

Charles Zimmerman

Dr. Charles H. Zimmerman is an Independent Director of the Company, effective November 30, 2016. Dr. Zimmerman has served on the Board of Directors for the Clemens Family Corporation since 2004 and is an executive consultant in the areas of leadership development and strategic effectiveness. Currently Dr. Zimmerman serves as a member of senior leadership and as teaching pastor at Calvary Church in Souderton - a role he has held for over 20 years. Dr. Zimmerman has been actively involved in church leadership and development.