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Meridian Corporation Announces the Death of Board Member Ken Slack

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Meridian Corporation announced the passing of Kenneth H. Slack, a distinguished member of its Board of Directors since 2004 and a founding organizer. Slack contributed significantly by chairing the Audit and Compensation Committees. He co-founded the public accounting firm Stephano Slack LLC and had over 30 years of experience in public accounting. His involvement extended to various local boards and organizations, showcasing his commitment to community service and business excellence. Meridian Corporation, through its subsidiary Meridian Bank, offers a diverse range of financial services and has over 20 offices.

Positive
  • Ken Slack's leadership and experience contributed to the company's governance.
  • Meridian's robust community involvement and service orientation enhance its local reputation.
Negative
  • The loss of an experienced board member may raise concerns regarding continuity in governance.

MALVERN, Pa., May 20, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation announced today the death of longtime Board of Directors member and one of the original founding organizers, Kenneth H. Slack.

“Ken Slack was part of the Meridian Bank board since 2004 and served on several Bank committees, most recently as the Chair of Audit Committee and the Chair of Compensation Committee,” said Meridian Chairman & CEO Chris Annas. “Ken was extremely dedicated to the Bank, and generously gave his time, talents and friendships to all in support of Meridian’s success.”

Mr. Slack was a partner in Stephano Slack LLC, a public accounting firm based in Wayne, PA which he co-founded in 2004. Prior to that he had been in public accounting in the West Chester area for more than 30 years, and worked in the manufacturing and distribution industries as a senior financial executive in Pennsylvania and Florida.

Mr. Slack also served on several local boards, including the Chester County Hospital and The Foundation Board of the Chester County Chamber of Business & Industry. He previously served on the Delaware County Attorney-CPA Forum, Camp Cadet of Chester County, and the United Way of Chester County, where he was past Treasurer. He was a member of the AICPA, PICPA, and FICPA.

About Meridian Corporation
Meridian Bank, the wholly owned subsidiary of Meridian Corporation, is an innovative community bank with more than 20 offices and a full suite of financial products and services. Meridian specializes in business and industrial lending, retail and commercial real estate lending, electronic payments, and wealth management solutions through Meridian Wealth Partners. Meridian also has a broad menu of high-yield depository products supported by robust online and mobile access. Learn more at www.meridianbanker.com. Equal Housing Lender. Member FDIC. All numbers are unaudited.

Contact: Denise Lindsay
DLindsay@meridianbanker.com

 


FAQ

What was Kenneth H. Slack's role in Meridian Corporation?

Kenneth H. Slack served on the Board of Directors since 2004 and chaired the Audit and Compensation Committees.

How did Kenneth H. Slack contribute to the community?

Slack was involved with various local boards, including Chester County Hospital and the United Way of Chester County.

What impact does Kenneth H. Slack's passing have on Meridian Corporation?

Slack's passing may affect continuity in governance due to his extensive experience.

What services does Meridian Corporation provide?

Meridian offers business and industrial lending, retail and commercial real estate lending, and wealth management solutions.

Meridian Corporation

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Banks - Regional
National Commercial Banks
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United States of America
MALVERN