F.N.B. Corporation (NYSE: FNB) today announced the hiring of Gregory "Greg" L. Heaton as President of its new Charlotte Region. FNB will enter the Charlotte, North Carolina area through the completion of its merger with Yadkin Financial Corporation (Yadkin) in early 2017.
Heaton will be directly responsible for the management and supervision of FNB's Corporate Banking teams in the Charlotte Region, as well as for integrating FNB's cross-functional business model and developing business opportunities in the market. He brings nearly 30 years of financial services experience to his new role, including more than 20 years in commercial banking in the Charlotte area.
Along with Heaton, FNB announced the appointment of a number of Yadkin professionals in commercial banking leadership roles across the Company's various planned regions. Greg Ferrell and Marianne Chaney will serve as Regional Managers of Investment Real Estate. Regional commercial banking roles will be filled by: Doug Bowman and George Searle, Charlotte Region; Eric Hickman, Eastern North Carolina Region; David Edwards, Robert Gray and Tom Nisbet, Piedmont Region; and Walter Ricks and Jay Risinger, Raleigh-Durham Region.
"FNB consistently attracts and retains top local talent across our footprint, and we are especially pleased that we have already demonstrated an ability to do so as we continue to fill key roles in our new regions in North Carolina," said Vincent J. Delie, Jr., Chief Executive Officer and President of F.N.B. Corporation. "Greg and each of the divisional leaders joining us from Yadkin have extensive knowledge of the markets that will be instrumental to expanding our reputation as a leader in the commercial banking space."
Heaton and each of the divisional leaders join a number of local Yadkin executives that have been named to regional and line of business leadership positions since the merger was announced in July 2016. FNB previously announced plans to retain employees serving on the front-line in Yadkin's branch locations, along with the vast majority of commercial and mortgage banking professionals and more than 200 key support employees.
About F.N.B. Corporation
F.N.B. Corporation (NYSE:FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company. On a combined, pro forma basis, including the proposed acquisition of Yadkin Financial Corporation (Yadkin), FNB will operate in eight states and seven major metropolitan areas. FNB holds a significant retail deposit market share in Pittsburgh, Pennsylvania; Baltimore, Maryland; and Cleveland, Ohio; and, assuming the Yadkin acquisition is completed, will add Charlotte, Raleigh-Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. If the proposed Yadkin acquisition is completed (Transaction), the Company will have total combined, pro forma assets of nearly $30 billion, and more than 400 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and South Carolina. FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance. The Company also operates Regency Finance Company, which has more than 75 consumer finance offices in Pennsylvania, Ohio, Kentucky and Tennessee. The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at http://www.fnbcorporation.com.
