F.N.B. Corporation (NYSE: FNB) wholesale banking chief plans July 2026 retirement
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
F.N.B. Corporation reported that David B. Mitchell, II, its Chief Wholesale Banking Officer, has announced his intention to retire from the company. His retirement is scheduled to be effective July 2, 2026, providing a defined transition date for leadership of the wholesale banking function.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Retirement effective date: July 2, 2026
Retirement announcement date: May 15, 2026
2 metrics
Retirement effective date
July 2, 2026
Chief Wholesale Banking Officer retirement
Retirement announcement date
May 15, 2026
Retirement intention announced by Chief Wholesale Banking Officer
Key Terms
Emerging growth company, Section 12(b) of the Act, principal financial officer
3 terms
Emerging growth company regulatory
"Emerging growth company On May 15, 2026, David B. Mitchell, II"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Section 12(b) of the Act regulatory
"Securities registered pursuant to Section 12(b) of the Act"
principal financial officer financial
"Title: | Chief Financial Officer (Principal Financial Officer)"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
FAQ
What executive change did F.N.B. Corporation (FNB) disclose?
F.N.B. Corporation disclosed that Chief Wholesale Banking Officer David B. Mitchell, II plans to retire. The company stated that his retirement from F.N.B. will be effective July 2, 2026, marking a planned leadership transition in its wholesale banking business.
When will F.N.B. Corporation’s Chief Wholesale Banking Officer retire?
F.N.B. Corporation stated that Chief Wholesale Banking Officer David B. Mitchell, II will retire effective July 2, 2026. This specific effective date gives the company several weeks from the announcement to manage the transition of wholesale banking leadership responsibilities.
What is David B. Mitchell, II’s role at F.N.B. Corporation?
David B. Mitchell, II serves as F.N.B. Corporation’s Chief Wholesale Banking Officer. The filing notes his announced intention to retire from this position, effective July 2, 2026, indicating a forthcoming change in senior management overseeing the wholesale banking segment.
Did F.N.B. Corporation indicate a change to its Chief Financial Officer?
The filing identifies Vincent J. Calabrese, Jr. as Chief Financial Officer and principal financial officer signing on behalf of F.N.B. Corporation. It does not state any change to his role, focusing instead on the planned retirement of the Chief Wholesale Banking Officer.
Which stock exchange lists F.N.B. Corporation common stock?
F.N.B. Corporation’s common stock, with a par value of $0.01 per share, is listed on the New York Stock Exchange. The trading symbol is FNB, as indicated in the securities section of the company’s disclosure document.