Harleysville National Corporation Announces Appointment of Gregg J. Wagner to the Position of Chief Executive Officer
04 4월 2005 - 11:52PM
PR Newswire (US)
Harleysville National Corporation Announces Appointment of Gregg J.
Wagner to the Position of Chief Executive Officer Michael High
Assumes Role of Chief Operating Officer HARLEYSVILLE, Pa., April 4
/PRNewswire-FirstCall/ -- Harleysville National Corporation
(NASDAQ:HNBC) ("HNC") announced Friday the appointment of Gregg J.
Wagner, president and chief operating officer, to the position of
president and chief executive officer. In addition, Michael High,
who previously served as executive vice president and chief
financial officer, has assumed the role of executive vice president
and chief operating officer. High will retain the title of chief
financial officer until a replacement is hired. These appointments
are part of the succession plan announced at the HNC board of
directors meeting in November 2004, following the announcement
earlier in that year of Walter E. Daller, Jr.'s retirement from
active management of the Company as CEO effective March 31, 2005.
Effective April 1, Daller serves as a board member and Chairman of
both the corporation and the bank. Wagner stated, "I am very proud
to be a part of a company that is dedicated to offering exceptional
service to its customers, has a highly qualified, proven management
team and strives to provide superior performance for our
shareholders. Our commitment to the bottom line remains our highest
priority and I look forward to working closely with the board of
directors to continue to build shareholder value." Harleysville
National Corporation, with assets in excess of $3 billion, is the
holding company for Harleysville National Bank (HNB). Investment
Management and Trust services are furnished by Millennium Wealth
Management & Private Banking, a division of HNB, with assets
under management exceeding $1.5 billion. Cumberland Advisors, Inc.,
an SEC registered investment advisor specializing in fixed-income
money management and equities using exchange-traded funds is also a
part of Millennium Wealth Management & Private Banking.
Harleysville National Corporation stock is traded under the symbol,
"HNBC" and is commonly quoted under Nasdaq National Market Issues.
For more information, visit the HNC website at
http://www.hncbank.com/. DATASOURCE: Harleysville National
Corporation CONTACT: Gregg J. Wagner, President and CEO of
Harleysville National, +1-215-256-8851, ext. 2391 Web site:
http://www.hncbank.com/
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