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S&T Bancorp Welcomes Peter G. Gurt to Board of Directors

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S&T Bancorp (NASDAQ: STBA) has announced the addition of Peter G. Gurt to its board of directors. Gurt, with over 35 years of experience in academic leadership and community engagement, brings strategic competency to S&T's board. He has served as president of Milton Hershey School since 2014, growing its enrollment to over 2,200 students. Since 2020, Gurt has also been president of Catherine Hershey Schools for Early Learning.

Chris McComish, CEO of S&T, and Christine Toretti, board chairperson, expressed enthusiasm about Gurt's appointment, highlighting his alignment with the bank's people-forward purpose and community focus. Gurt holds a master's degree in education from Penn State and a bachelor's in business administration from Temple University.

S&T Bancorp (NASDAQ: STBA) ha annunciato l'aggiunta di Peter G. Gurt al suo consiglio di amministrazione. Gurt, con oltre 35 anni di esperienza nella leadership accademica e nel coinvolgimento della comunità, porta competenze strategiche al consiglio di S&T. È stato presidente della Milton Hershey School dal 2014, facendo aumentare l'iscrizione a oltre 2.200 studenti. Dal 2020, Gurt è anche presidente delle Catherine Hershey Schools for Early Learning.

Chris McComish, CEO di S&T, e Christine Toretti, presidente del consiglio, hanno espresso entusiasmo riguardo alla nomina di Gurt, sottolineando la sua affinità con il focus della banca sulla comunità e l'orientamento verso le persone. Gurt possiede un master in educazione presso la Penn State e una laurea in amministrazione aziendale presso la Temple University.

S&T Bancorp (NASDAQ: STBA) ha anunciado la incorporación de Peter G. Gurt a su junta directiva. Gurt, con más de 35 años de experiencia en liderazgo académico y compromiso comunitario, aporta competencia estratégica a la junta de S&T. Ha sido presidente de la Milton Hershey School desde 2014, aumentando su matrícula a más de 2,200 estudiantes. Desde 2020, Gurt también ha sido presidente de las Catherine Hershey Schools for Early Learning.

Chris McComish, CEO de S&T, y Christine Toretti, presidenta de la junta, expresaron su entusiasmo por la designación de Gurt, destacando su alineación con el propósito centrado en las personas de la banca y su enfoque comunitario. Gurt posee una maestría en educación de Penn State y una licenciatura en administración de empresas de la Temple University.

S&T Bancorp (NASDAQ: STBA)는 피터 G. 거트를 이사회에 추가한다고 발표했습니다. 거트는 35년 이상의 학문적 리더십 및 지역 사회 참여 경험을 바탕으로 S&T 이사회에 전략적 역량을 제공합니다. 그는 2014년부터 밀턴 허시 학교의 교장으로 재직하며 2,200명이 넘는 학생을 모집했습니다. 2020년 이후로는 캐서린 허시 조기 학습 학교의 교장으로도 활동하고 있습니다.

S&T의 CEO인 크리스 맥코미시와 이사회 의장인 크리스틴 토레티는 거트의 임명에 대한 열정을 표명하며 그의 은행의 사람 중심 목적 및 지역 사회 초점과의 일치를 강조했습니다. 거트는 펜 주립대학교에서 교육학 석사 학위를, 템플 대학교에서 경영학 학사 학위를 취득했습니다.

S&T Bancorp (NASDAQ: STBA) a annoncé l'ajout de Peter G. Gurt à son conseil d'administration. Gurt, fort de plus de 35 ans d'expérience en leadership académique et en engagement communautaire, apporte une compétence stratégique au conseil de S&T. Il est président de la Milton Hershey School depuis 2014, augmentant le nombre d'inscrits à plus de 2 200 élèves. Depuis 2020, Gurt est également président des Catherine Hershey Schools for Early Learning.

Chris McComish, PDG de S&T, et Christine Toretti, présidente du conseil, ont exprimé leur enthousiasme quant à la nomination de Gurt, soulignant son alignement avec l'objectif orienté vers les personnes de la banque et son attention portée à la communauté. Gurt détient une maîtrise en éducation de Penn State et un baccalauréat en administration des affaires de l'Université Temple.

S&T Bancorp (NASDAQ: STBA) hat die Ernennung von Peter G. Gurt in seinen Vorstand bekannt gegeben. Gurt bringt mit über 35 Jahren Erfahrung in akademischer Führungsarbeit und Gemeinwesenengagement strategische Kompetenzen in den Vorstand von S&T ein. Er ist seit 2014 Präsident der Milton Hershey School und hat die Einschreibung auf über 2.200 Studenten erhöht. Seit 2020 ist Gurt auch Präsident der Catherine Hershey Schools for Early Learning.

Chris McComish, CEO von S&T, und Christine Toretti, Vorsitzende des Vorstands, äußerten sich begeistert über Gurts Ernennung und hoben seine Übereinstimmung mit dem menschenorientierten Ziel der Bank und dem Fokus auf die Gemeinschaft hervor. Gurt hat einen Master-Abschluss in Erziehungswissenschaften von der Penn State und einen Bachelor-Abschluss in Betriebswirtschaft von der Temple University.

Positive
  • Addition of Peter G. Gurt to the board of directors, bringing 35+ years of leadership experience
  • Alignment of new board member's expertise with S&T's community-focused strategy
  • Potential for enhanced strategic growth and community impact
Negative
  • None.

INDIANA, Pa., July 25, 2024 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that Peter Gurt will join its board of directors. With over 35 years of experience in academic leadership and community engagement, Gurt brings a wealth of strategic competency to S&T's board.

"I am personally delighted to welcome Peter to our board. His leadership expertise and experience in building successful programs to educate children across Pennsylvania is directly aligned with our people-forward purpose and the values we live by at S&T," said Chris McComish, chief executive officer.

Since 2014, Gurt has served as president of Milton Hershey School (MHS). The school's mission is to provide a home and school to children in social and financial need. Under his leadership, MHS has grown to record enrollment of more than 2,200 students. Since October 2020, he has also served as president of Catherine Hershey Schools for Early Learning (CHS), a network of Early Childhood Education centers across Pennsylvania. CHS provides an educational, social and cognitive day program to children from six weeks to age five, with all costs covered.

"We are excited to welcome Peter to our board of directors," said Christine Toretti, S&T board chairperson. "His commitment to childhood education in Pennsylania and dedication to being a community servant will be of considerable value as S&T continues to focus on making a meaningful impact in the markets we serve."

Gurt holds a master's degree in education from The Pennsylvania State University in Harrisburg and a bachelor's degree in business administration from Temple University. In 2023, he also received an honorary doctorate degree in education from Elizabethtown College for his contributions to this field.

"As a new board member, I am enthusiastic about helping S&T continue to bring their people-forward purpose to life. I value the long-standing customer and community relationships that are the foundation of its success and look forward to participating in advancing the Bank's strategic growth," said Gurt.

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, Pa., 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 Bancorp, Inc.

FAQ

Who is the new board member of S&T Bancorp (STBA)?

Peter G. Gurt has been appointed as the new board member of S&T Bancorp (NASDAQ: STBA).

What experience does Peter G. Gurt bring to S&T Bancorp's (STBA) board?

Peter G. Gurt brings over 35 years of experience in academic leadership and community engagement to S&T Bancorp's board.

What is Peter G. Gurt's current role outside of S&T Bancorp (STBA)?

Peter G. Gurt serves as the president of Milton Hershey School since 2014 and president of Catherine Hershey Schools for Early Learning since 2020.

How might Peter G. Gurt's appointment impact S&T Bancorp's (STBA) strategy?

Gurt's appointment is expected to contribute to S&T Bancorp's focus on community impact and strategic growth, aligning with the bank's people-forward purpose.

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