FNB Appoints Director of Corporate Responsibility
F.N.B. Corporation has promoted Brent J. Semachko to Director of Corporate Responsibility, a role focused on enhancing community development and corporate responsibility strategies. He will oversee initiatives including Community Reinvestment Act programs, ESG initiatives, and corporate giving campaigns. Semachko, who joined FNB in 2018, aims to strengthen the bank's community relationships through strategic investments and partnerships. This appointment reflects FNB's commitment to social and economic development, as emphasized by CEO Vincent J. Delie, Jr..
- Appointment of Brent J. Semachko as Director of Corporate Responsibility expected to enhance community engagement.
- Semachko's leadership to strengthen corporate responsibility initiatives and community investments.
- Potential concerns about continuity and experience gaps in strategic community initiatives as new leadership takes charge.
PITTSBURGH, March 28, 2022 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) and its banking subsidiary, First National Bank, announced the promotion of Brent J. Semachko to Director of Corporate Responsibility.
Semachko leads the development and execution of FNB's corporate responsibility strategies, with oversight of:
- Community development and Community Reinvestment Act (CRA) programs, including community development lending and investments, which have resulted in an Outstanding CRA rating.
- Environmental, social and governance (ESG) initiatives.
- Community-based corporate giving campaigns.
- Government relations.
In addition, he is responsible for corporate community relations activities, including strategic community investments, sponsorships and partnerships with nonprofits and community organizations, as well as diversity and inclusion initiatives. Semachko and his team report to Barry Robinson, Chief Consumer Banking Officer.
"Our commitment to corporate responsibility is integral in FNB's culture and is an important strategic priority for our Company," said Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank. "The appointment of a Director of Corporate Responsibility builds on our efforts to date to stimulate job growth, create affordable housing opportunities and champion overall social and economic development through the coordination of employee involvement and significant monetary investments."
Semachko added, "Bringing the different elements of corporate responsibility together as a comprehensive focus strengthens our ability to both make a difference in our markets and address the needs of our stakeholders. I look forward to working with our customers, clients, employees and nonprofit partners to continue to enhance our impact in the communities we serve."
Semachko joined FNB in 2018 as its Corporate Community Development Officer. He has more than 20 years of professional experience in community development and philanthropic giving, having previously served as Executive Director of Corporate Responsibility with JPMorgan Chase. He earned a bachelor's degree in Political Science from Virginia Tech.
For more information about FNB's work to strengthen its communities, please review its 2021 Corporate Responsibility Report.
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of approximately
FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/fnb-appoints-director-of-corporate-responsibility-301511657.html
SOURCE F.N.B. Corporation
FAQ
Who is the new Director of Corporate Responsibility for F.N.B. Corporation?
What responsibilities will Brent J. Semachko have at F.N.B. Corporation?
Why has F.N.B. Corporation appointed a Director of Corporate Responsibility?
What has been Brent J. Semachko's previous experience before joining F.N.B. Corporation?
How does F.N.B. Corporation view corporate responsibility?
