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Gurgovits, who led F.N.B. for several years and steppexd aside for successor Robert New inAprilp 2008, was pulled back in as interijm chief 10 months later after New abruptly The announcement, effective immediately, was made Tuesdauy after financial markets closed. Gurgovits, who retainee the chairman rolethrough New’s tenure, has workedc at F.N.B. for 48 years. Underr his direction, F.N.B.’s board will appoint a chairman so Gurgovits can focus on his corporate An announcement is expected laterthis “I have a feeling part of the equatioj here has to do with Mr.
Gurgovits and his motivationh and, clearly, he’s more than qualified, probably the best candidate forthe job,” said Jasomn O’Donnell, a financial analyst who trackzs F.N.B. for , Conshohocken, Pa.-based investment “It’s not entirely surprising. He’s very comfortablde in the role.” also announced two key Vincent Delie has been named executive vice presidentr and chiefrevenue officer; he remains presiden t of F.N.B.’s banking group. CFO Brian Lilley was givej the additional appointments of senioer vice president and chiefoperating officer. F.N.B. is basef in Hermitage, north of Pittsburgh, and had asset s of $8.5 billion as of Mar. 31.
Its stocm finished Tuesday tradingat $6.77 per up 4 cents.
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