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Mid Penn Bancorp, Inc. Hires Allison Johnson as SEVP, Chief Financial Officer

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Mid Penn Bancorp appoints Allison Johnson as senior executive vice president and chief financial officer, effective May 11, 2022. With over 13 years in financial services, Johnson previously served as CFO at Spirit of Texas Bank. President and CEO Rory Ritrievi emphasized her strategic vision and leadership strengths, anticipating positive impacts on the bank's growth. Johnson will oversee financial strategy and performance, bringing extensive experience from her roles at Florida Community Bank and PriceWaterhouseCoopers. She holds a Bachelor’s in Accounting and a Master’s from Florida State University.

Positive
  • Allison Johnson's appointment may influence Mid Penn's growth positively due to her extensive banking experience.
  • Johnson's background in delivering profitable growth could enhance Mid Penn's financial performance.
Negative
  • None.

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HARRISBURG, Pa., May 12, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”), announces the appointment of Allison Johnson as senior executive vice president and chief financial officer, effective May 11, 2022. Ms. Johnson brings over 13 years of financial and accounting experience in financial services and related industries, having served most recently as the chief financial officer of Spirit of Texas Bank in Conroe, TX.

“Allison is a proven leader who brings the right combination of banking experience and strategic vision to help Mid Penn grow,” said President and CEO Rory Ritrievi. “Both our board and executive team are eager to benefit from her insight, and we look forward to partnering with Allison as we continue to execute our strategy of delivering the best banking experience throughout Pennsylvania.”

Ms. Johnson will report directly to Mr. Ritrievi and will oversee all aspects of Mid Penn’s financial strategy and performance. Ms. Johnson comes to Mid Penn with significant executive experience within the banking industry. She joined Spirit of Texas Bank in 2016, where she assumed roles of increasing responsibility, and has a proven track record of delivering profitable growth for the institution. Previously, Ms. Johnson served as SEC reporting manager at Florida Community Bank, N.A., fund accountant for Sun Capital Partners, LLC, and auditor with PriceWaterhouseCoopers.

Ms. Johnson commented, "I am excited to join the talented team of bankers at Mid Penn. I look forward to supporting the needs of the entire organization and offering additional perspective on current and future enterprise-wide strategies."  

Ms. Johnson is a certified public accountant and graduated with a Bachelor of Science in Accounting from the University of Florida and a Master of Accounting from Florida State University.

About Mid Penn Bancorp, Inc.
Mid Penn Bancorp Inc. (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is the parent company of Mid Penn Bank, a full-service commercial bank, and MPB Financial Services Group, LLC, a provider of specialized investment strategies, insurance, and planning services to individuals, families, and businesses.  Mid Penn operates retail locations in 16 counties throughout the Commonwealth of Pennsylvania, has total assets in excess of $4.6 billion, and offers a comprehensive portfolio of financial products and services to the communities it serves. To learn more, please visit www.midpennbank.com.

Mid Penn Contact:  Matthew Miller
  717-257-9015
  matthew.miller@midpennbank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bf4835dd-5faf-4caa-9f83-d6e754ac9e3e


FAQ

Who is Allison Johnson and what is her role at Mid Penn Bancorp?

Allison Johnson is appointed as the senior executive vice president and chief financial officer of Mid Penn Bancorp, effective May 11, 2022.

What is Allison Johnson's experience prior to joining Mid Penn Bancorp?

Before joining Mid Penn, Johnson served as CFO at Spirit of Texas Bank and has over 13 years in financial services, holding various significant positions.

What are the expected impacts of Allison Johnson's appointment on Mid Penn Bancorp?

Her extensive banking experience and strategic vision are anticipated to positively influence Mid Penn's growth and financial strategy.

Mid Penn Bancorp, Inc.

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