First Commonwealth closes Centric Financial acquisition; expands into central PA markets

FIRST COMMONWEALTH FINANCIAL CORP /PA/

Centric shareholders received 1.09 FCF shares per Centric common share in the merger effective Feb 1, 2023.
Centric Bank merged into First Commonwealth Bank; combined network of 126 retail offices in PA/OH.
Former Centric CEO Patricia A. Husic appointed to First Commonwealth board and a 6-month, $100k consulting agreement.
Deal adds Harrisburg, Lancaster, Devon and Doylestown, PA markets to First Commonwealth's footprint.

item 8.01 item 5.02 item 9.01

Executive movements

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Appointed

Patricia A. Husic

Director

FCF · FIRST COMMONWEALTH FINANCIAL CORP /PA/

Effective: 2023-01-31
Filed: February 1, 2023, 6:59 PM ET

On January 31, 2023, Patricia A. Husic, President and Chief Executive Officer of Centric and a director of Centric prior to the Effective Time, was appointed to the Board of Directors of the Company and FCB pursuant to the terms of the Merger Agreement.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Patricia A. Husic was appointed as Director at FIRST COMMONWEALTH FINANCIAL CORP /PA/.

Action: appointed
Role: Director

Exact text from the filing

On January 31, 2023, Patricia A. Husic, President and Chief Executive Officer of Centric and a director of Centric prior to the Effective Time, was appointed to the Board of Directors of the Company and FCB pursuant to the terms of the Merger Agreement.

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Source: SEC EDGAR

accession 0000712537-23-000040

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