To: All Member Banks in the Third Federal Reserve District
Attention: Chief Executive Officer
Subject: Election Results and Other Appointments
Summary:
We are pleased to announce the following election results:
- John Gerlach, President & CEO, Pocono Community Bank, Stroudsburg, PA, has been elected a Class A director by member banks in Electoral Group 2.
Mr. Gerlach's term will begin January 1, 2006. - Audrey S. Oswell, President & CEO, Resorts Atlantic City, Atlantic City, NJ, has been elected a Class B director by member banks in Electoral Group 3.
Ms. Oswell's term will begin on January 1, 2006.
We are pleased to announce the following appointments that were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2006:
- Doris M. Damm, President & CEO, ACCU Staffing Services, Cherry Hill, NJ, has been appointed Chairman of the Board of Directors.
- William F. Hecht, Chairman, President & CEO, PPL Corporation, Allentown, PA, has been appointed Deputy Chairman of the Board of Directors
- Charles P. Pizzi, President & CEO, Tasty Baking Company, Philadelphia, PA, has been appointed Class C director.
Our Board of Directors also made the following appointment:
- Ted Cecala, Chairman & CEO, Wilmington Trust Company, Wilmington, DE, has been appointed by the Board of Directors of this Reserve Bank to represent the Third District on the Federal Advisory Council during 2006.
Federal Reserve Bank of Philadelphia - Board of Directors 2006
- Doris M. Damm, Chairman
President & CEO
ACCU Staffing Services - William F. Hecht, Deputy Chairman
Chairman, President & CEO
PPL Corporation - John Gerlach
President & CEO
Pocono Community Bank - Garry L. Maddox
CEO
A. Pomerantz & Company - Audrey S. Oswell
President & CEO
Resorts Atlantic City - Eugene W. Rogers
CEO & Director
Newfield National Bank - Charles P. Pizzi
President & CEO
Tasty Baking Company - P. Coleman Townsend, Jr.
Chairman & CEO
Townsends, Inc. - Wayne R. Weidner
Chairman
National Penn Bank
Additional Information:
Inquiries concerning this circular letter should be directed to Herbert E. Taylor, Vice President and Secretary, at (215) 574-6439 or herb.taylor@phil.frb.org