LITITZ, Pa.--(BUSINESS WIRE)--Susquehanna Bancshares, Inc. (Nasdaq: SUSQ) is pleased to announce a number of promotions on the executive leadership team of both the holding company and its primary subsidiary, Susquehanna Bank.
Andrew Samuel, President and Chief Executive Officer of Susquehanna Bank, has been named Chairman of the bank as well. He also serves as President of Susquehanna Bancshares.
“Andrew’s leadership has been integral to the development of our bank’s regional, community-focused structure,” said William J. Reuter, Chairman and Chief Executive Officer of Susquehanna Bancshares, Inc. “As a key member of the executive leadership teams of both the bank and the holding company, he plays a critical role in helping to align all our resources to provide the best financial products and services to customers.”
Beverly A. Wise, Chief Human Resources Officer, and Carl D. Lundblad, Chief Legal and Administrative Officer, have been promoted to Executive Vice President. They were previously Senior Vice Presidents.
Executive Vice President and Treasurer Michael W. Harrington also assumed the role of Chief Financial Officer following the retirement of Drew K. Hostetter from the role of CFO at the end of 2013.
“Bev, Carl and Mike have proven to be valuable contributors, with expertise in areas that are vital as we work to build on our success,” Reuter said. “Their leadership contributes to our strategic objectives to provide an exceptional experience for both customers and employees, as well as to further strengthen corporate governance and enhance profitability.”
Christopher D. Holt has been named Chief Credit Officer of Susquehanna Bank. He had been Executive Vice President and Manager of Commercial Real Estate Lending for the bank.
“Chris has developed a wide range of experience with the bank, including leading the team of commercial real estate lenders company-wide,” Reuter said. “This background will serve him well as he takes on the new responsibility of Chief Credit Officer.”
Holt will report to Michael M. Quick, Executive Vice President and Chief Corporate Credit Officer of Susquehanna Bancshares, Inc.
Susquehanna Bancshares, Inc., is a financial services holding company with assets of approximately $18 billion. Its primary subsidiary is Susquehanna Bank, which provides banking and financial services at more than 240 branch locations in Pennsylvania, New Jersey, Maryland and West Virginia. Through Susquehanna Wealth Management, the company offers investment, fiduciary, brokerage, insurance, retirement planning, and private banking services. Susquehanna also operates an insurance brokerage and employee benefits company, a commercial finance company and a vehicle leasing company. For more information, please visit www.susquehanna.net.