Management ChangeMay 27, 2026, 09:07 AM
AmeriServ Financial Restructures Executive Roles; CEO Stopko Adds CFO
AI Summary
AmeriServ Financial announced the retirement of Michael Lynch, Executive Vice President, CFO, CRO, and CIO, effective May 18, 2026. Following his departure, the company restructured his former position. Bettina Fochler was appointed Chief Risk Officer, while Tammie Slavick became Senior Vice President & Chief Investment Officer. Additionally, Jeffrey Stopko, the current President & CEO, assumed the responsibilities of Chief Financial Officer, a role he previously held, which is expected to generate meaningful cost savings.
Key Highlights
- Michael Lynch, Executive Vice President, CFO, CRO, and CIO, retired on May 18, 2026.
- Bettina Fochler assumed the role of Chief Risk Officer (CRO) for the Company.
- Ms. Fochler will continue her duties as Senior Vice President and Chief Credit Officer for the Bank.
- Tammie Slavick assumed the role of Senior Vice President & Chief Investment Officer (CIO).
- Jeffrey Stopko, President & CEO, assumed Chief Financial Officer (CFO) responsibilities.
- Mr. Stopko's assumption of the CFO role is expected to generate meaningful cost savings.
Price Impact
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