First Commonwealth Financial Corporation in Indiana has announced that Board Chairman David S. Dahlmann plans to step down on April 27th, after its annual shareholders’ meeting.
Dahlmann has been the chair of the First Commonwealth board for the last 16 years, and he plans to continue to serve on the board of directors. First Commonwealth President and CEO T. Michael Price said in a statement that he credits Dahlmann with “inspiring the independent nature of the Board and for instilling a reverence for strong corporate governance.”
First Commonwealth’s board of directors will be led by Jon L. Gorney after Dahlmann steps down as chair. He first joined the board in January of 2013 after a 37-year career with National City Corporation. While there, he co-chaired integration of National City and PNC Bank into one organization. Currently, Gorney serves as the chair of First Commonwealth’s risk committee and is a member of the credit committee. He also serves as a director of Professional Bank in Coral Gables, Florida.
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