AGM/EGMMay 15, 2026, 03:38 PM
S&T Bancorp Shareholders Elect Directors, Approve Auditor & Comp
AI Summary
S&T Bancorp, Inc. held its 2026 Annual Meeting of Shareholders on May 12, 2026, where shareholders voted on three proposals. All 11 directors named in the proxy statement were elected, Ernst & Young LLP was ratified as the independent registered public accounting firm for fiscal year 2026, and the advisory proposal on named executive officer compensation was approved. Additionally, the Board of Directors approved a reorganization of its committees, which included the dissolution of the Credit Risk Committee and the establishment of a Technology and Operations Committee, along with new committee appointments.
Key Highlights
- S&T Bancorp held its 2026 Annual Meeting of Shareholders on May 12, 2026.
- All 11 nominated directors were elected to serve a one-year term.
- Shareholders ratified Ernst & Young LLP as independent auditor for 2026 with 30,178,173 votes FOR.
- Advisory vote to approve named executive officers' compensation passed with 25,880,791 votes FOR.
- Board reorganized committees, dissolving the Credit Risk Committee and establishing a Technology and Operations Committee.
- New committee appointments were made, including Christopher J. McComish as Executive Committee Chair.
Price Impact
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