Mid Penn Bancorp, Inc. Board of Directors Appoints Grubic as Chairman and Specht as Vice Chairman

MILLERSBURG, Pa., June 22, 2012 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc., (Nasdaq:MPB), parent company of Mid Penn Bank, announced that Robert C. Grubic has been appointed as chairman of the board and William A. Specht, III, as vice chairman, as unanimously voted by the board of directors May 1, 2012.

The appointments were made upon the retirement of Edwin D. Schlegel, effective May 1, who served as board chairman since 2008.

"It has been an honor and a privilege to have Ed Schlegel serve on our board for the past 31 years," said Mid Penn Bank President and CEO Rory G. Ritrievi. "He created a legacy of leadership, integrity and philanthropy at Mid Penn Bank and throughout the community."

"We are confident that Chairman Bob Grubic will continue to lead Mid Penn Bank through an era of growth while also helping to establish us as the best bank in Central Pennsylvania. There is no question that our new vice chairman, Bill Specht, will also be instrumental in the bank's continued advancement," said Ritrievi.

Grubic is president and CEO of Herbert, Rowland and Grubic, Inc. of Harrisburg. He has been serving on Mid Penn Bancorp, Inc.'s board of directors since 2006. Prior to his appointment as chairman, Grubic served as the board's vice chairman.

Specht is president and CEO of Seal Glove Manufacturing of Millersburg, and president of Ark Safety and Rescue Remedies, also in Millersburg. He has been serving on Mid Penn Bancorp, Inc.'s board of directors since 2006.

Donald E. Sauve, who served on Mid Penn Bancorp Inc.'s board of directors since 1999, also retired May 1.

About Mid Penn Bank

Mid Penn Bank, subsidiary of Mid Penn Bancorp, Inc. (Nasdaq:MPB), has been serving Central Pennsylvania since 1868. Headquartered in Millersburg, Pa., Mid Penn Bank has 14 retail locations in Cumberland, Dauphin, Northumberland and Schuylkill Counties. The bank offers a diverse portfolio of products and services to meet personal and business banking needs of the community. To learn more about Mid Penn Bank, visit midpennbank.com.

The Mid Penn Bancorp, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6428


Contact Data