Northwest Bancshares in Warren, Pa., has promoted two executives and eliminated a pair of high-level positions.
The $7.9 billion-asset company disclosed in a regulatory filing Wednesday that Steven Fisher had become its chief revenue officer and will oversee its production and revenue division. William Harvey Jr., the company's chief financial officer, was tapped to lead the technology, operations, finance and support division . Fisher and Harvey were promoted to senior executive vice presidents.
Northwest also disclosed that it would eliminate two executive vice president positions. Gregory LaRocca, who had been in charge of trust, investment management, retirement services and insurance, will retire on Oct. 31. Timothy Huber, who handled lending, is considering a non-executive position with the company.
"The first major objective is to create strong and sustainable internal growth fueled by a highly-effective and efficient sales process," William Wagner, Northwest's chairman, president and chief executive, said in a press release included with the filing. "The second major objective is to realize continuous improvement in the efficiency of our delivery, operations and support functions."
