Form 8-K FNB CORP/FL/ For: Oct 21

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 27, 2015 (October 21, 2015)

 

 

F.N.B. CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Florida

(State or other jurisdiction of incorporation)

 

001-31940		25-1255406
(Commission File Number)		(IRS Employer Identification No.)
One North Shore Center, 12 Federal Street		15212
(Address of Principal Executive Offices)		(Zip Code)

(800) 555-5455

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

---

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 21, 2015, the Board of Directors of F.N.B. Corporation elected Frank C. Mencini as a non-employee director. Mr. Mencini was also elected to the board of directors of F.N.B.’s principal banking subsidiary, First National Bank of Pennsylvania, on that date. His term as a director on each board will commence on January 1, 2016. Mr. Mencini will serve as a member of the Audit Committee of the F.N.B. Board of Directors.

Mr. Mencini will receive compensation as a non-employee director in accordance with F.N.B.’s non-employee director compensation practices and plans, the components of which are described in F.N.B.’s Proxy Statement for its 2015 Annual Meeting of Shareholders, dated April 1, 2015.

A copy of F.N.B.’s press release announcing the election of Mr. Mencini to F.N.B’s Board of Directors is attached to this report as Exhibit 99.1.

 

Item 9.01

Financial Statements and Exhibits.

 

(d)

Exhibits

 

99.1		Press release, dated October 27, 2015

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: October 27, 2015

---

EXHIBIT INDEX

 

Exhibit No.		Description
99.1		Press release, dated October 27, 2015

Exhibit 99.1

 

		Press Release

F.N.B. Corporation Names Mencini to Board of Directors

PITTSBURGH, PA – October 27, 2015 – F.N.B. Corporation (NYSE: FNB) announced that on October 21, 2015, Mr. Frank C. Mencini was elected to the Company’s Board of Directors and to the Board of its wholly owned subsidiary, First National Bank of Pennsylvania. Mencini will commence his term on January 1, 2016. He was also appointed to serve on the Company’s Audit Committee.

Mencini, a strategic business consultant and Certified Public Accountant, has nearly 30 years of leadership experience in accounting, finance and business. He began his career with one of the nation’s original Big Six public accounting firms, where he played a key role in providing accounting, auditing, transactional, regulatory compliance and strategic business advice to the firm’s large financial services and health care clients. After becoming Partner-In-Charge of the firm’s Mid Atlantic Healthcare Consulting Practice, he was instrumental in managing over 300 professionals who provided consulting services to some of the largest and most prominent healthcare organizations in the country. Most recently, he served on the leadership team for a healthcare consulting and outsourcing company that successfully expanded from a regional to a national presence. .

“Frank Mencini brings extensive knowledge in accounting and finance to F.N.B.’s Board of Directors,” said Vincent J. Delie, Jr., President and Chief Executive Officer of F.N.B. Corporation and First National Bank. “He has proven results leading and growing businesses through innovative strategies, which makes him an exceptional fit with F.N.B.’s culture and growth model. We look forward to his contributions as a member of our boards.”

Mencini earned his Bachelor of Science in Accounting & Finance from The Pennsylvania State University and his Master of Business Administration from Harvard Business School. He is active in the Greater Washington D.C. Area with a number of community-based non-profit organizations.

---

About F.N.B. Corporation

F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in six states, including three major metropolitan areas. It holds a top retail deposit market share in Pittsburgh, PA, Baltimore, MD, and Cleveland, OH. F.N.B. has total pro-forma assets (with the proposed merger of Metro Bancorp, Inc.) of $19.8 billion and more than 300 banking offices throughout Pennsylvania, Maryland, Ohio and West Virginia. F.N.B. 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, international 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. F.N.B.’s wealth management services include asset management, private banking and insurance. F.N.B. also operates Regency Finance Company, which has more than 70 consumer finance offices in Pennsylvania, Ohio, Kentucky and Tennessee. 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 SmallCap 600 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 web site at www.fnbcorporation.com.

# # #

Analyst/Institutional Investor Contact:

Matthew Lazzaro, 724-983-4254, 412-216-2510 (cell)

[email protected]

Media Contact:

Jennifer Reel, 724-983-4856, 724-699-6389 (cell)

[email protected]

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• F.N.B. Corporation (FNB) PT Lowered to $15 at Stephens
• Regula Pinpoints Top Three Business Challenges with Verification of International Customers
• Semiconductor Tech Firm IceMOS Technology One of Only Ten Exceptional Exporters Honoured in UK Government’s Made in the UK, Sold to the World Awards