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CHRIS MCCOMISH, CEO OF S&T BANK, NAMED 2024 C-SUITE AWARD RECIPIENT BY PITTSBURGH BUSINESS TIMES

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S&T Bank CEO Chris McComish has been named a 2024 Pittsburgh Business Times C-Suite award winner, recognizing outstanding executive leadership. McComish, who joined S&T in August 2021, led the bank to record earnings per share and net income in both 2022 and 2023. Under his leadership, the bank underwent a strategic redirection in 2022, implementing a people-forward purpose with shared values to drive growth. McComish brings over 37 years of financial service experience to his role.

Il CEO di S&T Bank, Chris McComish, è stato nominato vincitore del premio C-Suite 2024 del Pittsburgh Business Times, riconoscendo un'eccellente leadership esecutiva. McComish, che è entrato in S&T nell'agosto 2021, ha portato la banca a guadagnare un utile per azione e un reddito netto record sia nel 2022 che nel 2023. Sotto la sua guida, la banca ha subito una ridirezione strategica nel 2022, implementando uno scopo orientato alle persone con valori condivisi per favorire la crescita. McComish porta nella sua carriera oltre 37 anni di esperienza nel servizio finanziario.

El CEO de S&T Bank, Chris McComish, ha sido nombrado ganador del premio C-Suite 2024 del Pittsburgh Business Times, reconociendo su destacada liderazgo ejecutivo. McComish, que se unió a S&T en agosto de 2021, llevó al banco a lograr ganancias récord por acción e ingresos netos tanto en 2022 como en 2023. Bajo su liderazgo, el banco experimentó una redirección estratégica en 2022, implementando un propósito centrado en las personas con valores compartidos para impulsar el crecimiento. McComish aporta a su función más de 37 años de experiencia en servicios financieros.

S&T 뱅크의 CEO인 Chris McComish가 2024년 피츠버그 비즈니스 타임스 C-Suite 상 수상자로 선정되어 뛰어난 경영 리더십을 인정받았습니다. 2021년 8월 S&T에 합류한 McComish는 2022년과 2023년 모두에서 주당 순이익과 순이익 기록을 세웠습니다. 그의 리더십 아래, 은행은 2022년에 전략적 재편성을 겪었으며, 성장을 도모하기 위해 공유 가치를 바탕으로 한 사람 중심의 목적을 구현했습니다. McComish는 자신의 역할에 37년 이상의 금융 서비스 경험을 가지고 있습니다.

Le CEO de S&T Bank, Chris McComish, a été nommé lauréat du prix C-Suite 2024 du Pittsburgh Business Times, récompensant un leadership exécutif exceptionnel. McComish, qui a rejoint S&T en août 2021, a conduit la banque à des résultats record en bénéfice par action et en revenu net en 2022 et 2023. Sous sa direction, la banque a subi une réorientation stratégique en 2022, mettant en œuvre un objectif axé sur les personnes avec des valeurs partagées pour favoriser la croissance. McComish apporte à son poste plus de 37 ans d'expérience dans les services financiers.

Der CEO von S&T Bank, Chris McComish, wurde als Gewinner des C-Suite-Preises 2024 des Pittsburgh Business Times ausgezeichnet, um herausragende Unternehmensführung zu würdigen. McComish, der im August 2021 zu S&T kam, führte die Bank zu Rekordgewinnen pro Aktie und Nettogewinnen in den Jahren 2022 und 2023. Unter seiner Führung erfuhr die Bank 2022 eine strategische Neuausrichtung, wobei ein menschenorientiertes Ziel mit gemeinsamen Werten umgesetzt wurde, um das Wachstum voranzutreiben. McComish bringt über 37 Jahre Erfahrung im Finanzdienstleistungssektor in seine Rolle ein.

Positive
  • Record earnings per share and net income achieved in both 2022 and 2023
  • Successful implementation of strategic redirection in 2022
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Insights

This award recognition, while prestigious, carries direct market impact. However, the article reveals important performance metrics worth noting. Under McComish's leadership, S&T Bank achieved record earnings per share and net income in both 2022 and 2023, indicating strong operational execution. The bank's strategic repositioning in 2022 appears to have yielded positive results, suggesting effective management and potential for sustained growth. The bank's people-forward approach and focus on community engagement aligns with current banking industry trends toward stakeholder-centric operations. While the award itself isn't market-moving news, the underlying performance metrics and strategic direction provide positive indicators for the bank's trajectory.

INDIANA, Pa., Oct. 31, 2024 /PRNewswire/ -- S&T Bank, the wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ, STBA), proudly announced today the naming of CEO, Chris McComish, as a 2024 Pittsburgh Business Times C-Suite award winner.

This accolade recognizes outstanding executives who have demonstrated the highest level of business savvy and vital leadership to help guide their companies to success. Winners are selected based on leadership and business contributions as well as community involvement. Nominees were chosen from a group of C-level executives at for-profit or nonprofit organizations with a significant presence in the Pittsburgh metro area. Nominees must also reside in that vicinity and have held their current position for at least 12 months.

McComish has over 37 years of financial service experience and joined S&T as CEO in August of 2021. In 2022, he successfully led the Bank into a company-wide journey, redefining the strategic direction of the Bank. The results of this effort were a renewed people-forward purpose underpinned by shared values and business drivers to accelerate the Bank's growth in the coming years. Under his leadership, S&T Bank achieved record earnings per share and net income in both 2022 and 2023.

"Receiving this award is a tremendous honor and testament to the hard work of the entire S&T Bank team. I have the privilege to work with highly engaged team members and it's encouraging to know that our work is being recognized by our customers, communities and shareholders," McComish stated. "Since day one on the job, our collective efforts have been focused on achieving our people-forward purpose and moving the Bank forward together."

S&T Board of Directors Chairman, Christine Toretti, shared "Chris is a respected leader with a strong track record of inspiring others while driving growth and transformation. Under his leadership, the Bank has seen two record years of financial performance. On top of these professional accomplishments, he is dedicated to serving communities across the S&T Bank footprint. The entire board of directors and I congratulate him on this recognition."

About S&T Bancorp, Inc. and S&T Bank 
S&T Bancorp, Inc. is a $9.6 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. For more information visit stbancorp.com or stbank.com. Follow us on Facebook, Instagram and LinkedIn.

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SOURCE S&T Bank

FAQ

What achievements did S&T Bank (STBA) report under CEO Chris McComish's leadership?

Under Chris McComish's leadership, S&T Bank achieved record earnings per share and net income in both 2022 and 2023, and successfully implemented a strategic redirection in 2022.

When did Chris McComish join S&T Bank (STBA) as CEO?

Chris McComish joined S&T Bank as CEO in August 2021.

What recognition did S&T Bank's (STBA) CEO receive from Pittsburgh Business Times in 2024?

Chris McComish was named a 2024 Pittsburgh Business Times C-Suite award winner, recognizing outstanding executive leadership and business contributions.

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