PITTSBURGH, April 29, 2011 /PRNewswire/ -- First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation, today announced the hiring of Robert M. Moorehead as Regional President and Cross-Functional Sales Leader. As Regional President, he will oversee Corporate Banking, Business Banking, Investment Real Estate, Asset Based Lending and the Bank's overall business strategy in the Pittsburgh Region. Additionally, he will direct sales strategies by coordinating teams composed of Bank and affiliate professionals from Commercial Banking, Retail Banking, Private Banking, Wealth Management, Investments and Insurance. He will report to John Williams, President of First National Bank.
According to Williams, Moorehead has extensive leadership experience that complements the Bank's existing leadership team. "Bob has very strong and relevant background within the region's financial services community. We are very confident in his ability to continue to advance First National Bank's position as a leader in the Pittsburgh market."
Vincent J. Delie, Jr., CEO of First National Bank and President of F.N.B. Corporation, agrees. "FNB has a premier team of senior and executive-level leaders. The addition of Bob to our company is yet another example of FNB attracting highly experienced and talented banking professionals."
Most recently, Moorehead served as Senior Credit Officer for First Niagara Bank. Prior to that, he served as Executive Vice President and Group Manager of Corporate Banking for National City Bank in Pittsburgh. He held a variety of other leadership roles during his 36-year tenure with National City Bank and its predecessors, Integra Financial Corporation and Equibank NA.
Moorehead notes his long-standing relationship with the leadership team of First National Bank, and cites this as one reason for his decision to join the Bank. "First National Bank is a Pennsylvania headquartered bank with a strong leadership team in place. This new role offers a great opportunity for me to focus once again on the revenue-generating side of the business and help accelerate the growth strategy of the Bank."
Moorehead is a graduate of Duquesne University where he earned a Bachelor of Science Degree in Accounting. He also earned a Master of Science Degree in Business Administration from Robert Morris College. Currently, he serves as a board member for Bridgeway Capital and the Pittsburgh Technology Council.
About First National Bank of Pennsylvania First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), has over 230 full-service locations in Pennsylvania and Ohio, and loan production offices in Florida.
About F.N.B. Corporation
F.N.B. Corporation, headquartered in Hermitage, PA, is a diversified financial services company with total assets of $9.8 billion. F.N.B. Corporation is a leading provider of commercial and retail banking, leasing, wealth management, insurance, merchant banking and consumer finance services in Pennsylvania and Ohio, where it owns and operates First National Bank of Pennsylvania, First National Trust Company, First National Investment Services Company, LLC, F.N.B. Investment Advisors, Inc., First National Insurance Agency, LLC, F.N.B. Capital Corporation, LLC, Regency Finance Company and F.N.B. Commercial Leasing. It also operates consumer finance offices in Kentucky and Tennessee.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB". Investor information is available on F.N.B. Corporation's Web site at www.fnbcorporation.com.
SOURCE First National Bank of Pennsylvania