Susquehanna Bancshares, Inc. Hires Michael W. Harrington As Executive Vice President and Treasurer
LITITZ, Pa.--(BUSINESS WIRE)-- Susquehanna Bancshares, Inc. (SUSQ), (NASDAQ:SUSQ) is pleased to announce that Michael W. Harrington will be returning to the company to serve as Executive Vice President and Treasurer in June.
Harrington is Treasurer and Chief Investment Officer at First Niagara Financial Group, and he formerly served as Chief Financial Officer. He has worked for First Niagara since 2003. Harrington had worked for Susquehanna as Chief Financial Officer of the companys bank subsidiary in New Jersey from 2002 to 2003. He has more than 25 years of experience in the financial services industry.
At Susquehanna, Harrington will be responsible for leadership of the accounting and finance department and will report to Drew K. Hostetter, Executive Vice President and Chief Financial Officer.
Mike has a strong and diverse background, with experience in leading a bank finance group, familiarity with our investor base and a well-developed understanding of the new regulatory requirements facing our industry, Hostetter said. I look forward to working with him as the responsibilities of our finance department continue to grow.
I am delighted to welcome Mike back to Susquehanna, said William J. Reuter, Susquehannas Chairman and Chief Executive Officer. As Susquehanna continues to grow, it is critical that we continue to add top management depth to our company. Mike is a talented executive who brings the added benefit of being very familiar with our company and the markets we serve.
Originally from Lansdale, Pa., Harrington earned a Bachelor of Science degree in business administration finance from Bloomsburg University and a Master of Business Administration in finance from St. Josephs University, Philadelphia. He has also studied organizational development at the University of Pennsylvania.
Susquehanna Bancshares, Inc. is a financial services holding company with assets of more than $17.5 billion. The companys primary subsidiary is Susquehanna Bank, which provides banking and financial services at 261 branch locations in the mid-Atlantic region. Through Susquehanna Wealth Management, the holding company offers investment, fiduciary, brokerage, insurance, retirement planning, and private banking services, with approximately $7.6 billion in assets under management and administration. Susquehanna also operates an insurance brokerage and employee benefits company, a commercial finance company and a vehicle leasing company. For more information, please visit www.susquehanna.net.
Susquehanna Bancshares, Inc.
Stephen Trapnell, Director of Communication Strategies
Source: Susquehanna Bancshares, Inc.Copyright Business Wire 2012