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Circular Letters

Circular Letter 5713

December 13, 2011

To: All Member Banks in the Third Federal Reserve District

Attention: Chief Executive Officer

Subject: Election Results and Other Appointments

We are pleased to announce the following election results:

  • Frederick “Ted” C. Peters, Chairman and CEO, Bryn Mawr Trust Company, Bryn Mawr, PA, has been re-elected as Class A director by member banks in Electoral Group 2. Mr. Peters's term will begin January 1, 2012.
  • Patrick T. Harker, President, University of Delaware, Newark, DE, has been elected as Class B director by member banks in Electoral Group 3. Mr. Harker's term will begin January 1, 2012.

Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2012:

  • Jeremy Nowak, President, William Penn Foundation, Philadelphia, PA, has been appointed Chairman of the Board of Directors.
  • James Nevels, Chairman and Founder, The Swarthmore Group, Philadelphia, PA, has been appointed Deputy Chairman of the Board of Directors.
  • Michael J. Angelakis, Chief Financial Officer, Comcast Corporation, Philadelphia, PA, has been appointed Class C Director.

Federal Reserve Bank of Philadelphia - 2012 Board of Directors

Jeremy Nowak, Chairman

Chairman & CEO
William Penn Foundation

James Nevels, Deputy Chairman

Chairman
The Swarthmore Group

Michael J. Angelakis

Vice Chairman & Chief Financial Officer
Comcast Corporation

Keith S. Campbell

Chairman
Mannington Mills, Inc.

Frederick (Ted) C. Peters

Chairman & CEO
Bryn Mawr Trust Company

Aaron L. Groff, Jr.

Chairman, President & CEO
The Ephrata National Bank

Deborah M. Fretz

Retired President, CEO & Director
Sunoco Logistics

Patrick T. Harker

President
University of Delaware

R. Scott Smith, Jr.

Chairman & CEO
Fulton Financial Group

Additional information:

Inquiries concerning this circular letter should be directed to Herbert E. Taylor E-mail, Vice President and Secretary, at (215) 574-6439.