---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-096178"
form_type: "8-K"
ticker: "ASRV"
cik: "0000707605"
company_name: "AMERISERV FINANCIAL INC /PA/"
filed_at: "2023-08-29T23:59:59+00:00"
generated_at: "2026-06-11T02:39:01.984999+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AmeriServ separates President & CEO of trust subsidiary James Huerth; expects $256K severance

## Summary
- James T. Huerth, President & CEO of AmeriServ Trust and Financial Services Company, separated on Aug 28, 2023.
- Entitled to severance of 0.75x base salary plus 9 months health benefits; total ~$256,000 contingent on release.
- Company expects ongoing cost savings from consolidation of executive responsibilities.
- No replacement named; management to allocate duties.

## SEC filing metadata
- accession: 0001104659-23-096178
- form_type: 8-K
- ticker: ASRV
- cik: 0000707605
- company_name: AMERISERV FINANCIAL INC /PA/
- filed_at: 2023-08-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707605/000110465923096178/0001104659-23-096178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707605/000110465923096178/tm2324960d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-096178
- JSON: https://secwatch.observer/filing/0001104659-23-096178.json
- Plain text: https://secwatch.observer/filing/0001104659-23-096178.txt

## Key facts
- Executive change
  James T. Huerth departed as President and CEO of AmeriServ Trust and Financial Services Company at AMERISERV FINANCIAL INC /PA/.
  - Action: separated
  - Role: President and CEO of AmeriServ Trust and Financial Services Company
  source text: On August 28, 2023, James T. Huerth, President and CEO of AmeriServ Trust and Financial Services Company, a wholly owned subsidiary of AmeriServ Financial, Inc. (the “Company”), was separated from employment with the Company and its affiliates.
  evidence_url: https://www.sec.gov/Archives/edgar/data/707605/000110465923096178/0001104659-23-096178-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.