Republic Bank Appoints Francis Mitchell as Senior Vice President, Treasurer and Chief Investment Officer
06 Junho 2023 - 5:30PM
Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the
parent company of Republic First Bank d/b/a Republic Bank (the
"Bank"), today announced the appointment of Francis “Fran”
Mitchell as Senior Vice President, Treasurer and Chief Investment
Officer, effective June 1, 2023. Fran brings a wealth of experience
and expertise in the banking and finance industry based on his
background holding senior positions at several notable financial
institutions. He will report to Mike Harrington, Executive Vice
President and Chief Financial Officer.
Fran will play a key role in overseeing and optimizing the
Bank's financial performance and further strengthening its position
in the market. Fran was most recently with Truist Securities in a
depository and capital markets advisory role, where he collaborated
closely with leading community and regional banks. His extensive
background in asset and liability management, investment portfolio
management, strategic finance, capital markets and financial
modeling makes him a valuable addition to the Bank as it continues
to lay the foundation to evolve into a more efficient and
profitable organization.
"We are delighted to welcome Fran to the Bank and look forward
to the positive impact he will have on the organization," said Mike
Harrington. "His vast experience and deep understanding of the
community and regional banking industry will be very beneficial as
we continue to execute on our strategic plan and focus on driving
sustainable growth. Fran's expertise in asset liability management
will be especially useful as we navigate the dynamic financial
landscape and prioritize enhancing value for all shareholders and
stakeholders. This announcement is a testament to our commitment to
attract and retain new talent and the ongoing strengthening of our
leadership team to support and drive the execution of our long-term
goals."
Fran’s previous roles span numerous financial institutions,
including Bar Harbor Bank, Webster Bank, and Toronto Dominion Bank.
He received a Master of Science in Financial Engineering from
Temple University, an International Master of Business
Administration from the University of Sao Paulo in Brazil and a
Bachelor of Science in Engineering from Drexel University.
About Republic Bank
Republic Bank is the operating name for Republic First Bank.
Republic First Bank is a full-service, state-chartered commercial
bank, whose deposits are insured up to the applicable limits by the
Federal Deposit Insurance Corporation (FDIC). The Bank provides
diversified financial products through its 33 offices located in
Atlantic, Burlington, Camden, Cape May, and Gloucester Counties in
New Jersey; Bucks, Delaware, Montgomery and Philadelphia Counties
in Pennsylvania, and New York City. For more information about
Republic Bank, please visit myrepublicbank.com.
Forward-Looking Statements
This press release, and oral statements made regarding the
subjects of this release, contains “forward-looking statements”
within the meaning of the Securities Litigation Reform Act of 1995,
or the Reform Act, which may include, but are not limited to,
statements regarding the Company’s estimates, plans, objectives,
expectations and intentions and other statements contained in this
press release that are not historical facts, including statements
identified by words such as “believe,” “plan,” “seek,” “expect,”
“intend,” “estimate,” “anticipate,” “will,” and similar
expressions. All statements addressing the Company’s ability to
regain compliance with the Nasdaq listing requirements and future
operating results are forward-looking statements within the meaning
of the Reform Act. The forward-looking statements are based on
management’s current views and assumptions regarding future events
and operating performance, and are inherently subject to
significant uncertainties and contingencies and changes in
circumstances, many of which are beyond the Company’s control. The
statements in this press release are made as of the date of this
press release, even if subsequently made available by the Company
on its website or otherwise. The Company does not undertake any
obligation to update or revise these statements to reflect events
or circumstances occurring after the date of this press release.
You should carefully review the risk factors described in the Form
10-K for the year ended December 31, 2021 and other documents the
Company files from time to time with the Securities and Exchange
Commission.
Contacts:
Longacre Square Partners Greg Marose / David
Reingold gmarose@longacresquare.com
/ dreingold@longacresquare.com
Republic First Bancorp (NASDAQ:FRBK)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Republic First Bancorp (NASDAQ:FRBK)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024