Management ChangeApr 7, 2026, 06:01 AM
S&T Bancorp Extends CEO Christopher McComish's Employment Agreement
AI Summary
S&T Bancorp has amended and restated the employment agreement with CEO Christopher J. McComish, extending his term through January 1, 2030, with automatic one-year renewals unless notice of non-renewal is provided. The agreement also includes provisions for automatic renewal for two years following a Change in Control, ensuring stability in leadership during potential transitions.
Key Highlights
- Amended employment agreement extends CEO Christopher J. McComish's term to January 1, 2030.
- Agreement includes automatic one-year renewals unless either party provides a Notice of Non-Renewal 180 days prior to the end of the Employment Period.
- The agreement automatically renews for two years following a Change in Control.