Company: STBA
Filing Date: 2025-09-24
Form Type: 8-K
Source: 0000719220-25-000060
Chunk: 2

Company: S&T BANCORP INC
Filing Date: 2025-09-24
Form: 8-K
Item: Item 8.01
Chunk 2
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Item 8.01 Other Events.

Chair and Lead Independent Director Appointments

At a special meeting held on September 24, 2025, in connection with Ms. Toretti’s notice of resignation, the Board, including all members of the Nominating and Corporate Governance Committee, approved combining the roles of Chief Executive Officer and Chair and appointing Christopher J. McComish to serve as the Chair of the Board as of the Effective Date. The Board also created a Lead Independent Director position on the Board and appointed Jeffrey D. Grube, board director since 1997, Chair of the Credit Risk Committee and member of Audit Committee, Compensation & Benefits Committee, Executive Committee and Risk Committee, to serve as its Lead Independent Director as of the Effective Date. The duties of the Lead Independent Director are broad and substantive, promoting strong independent oversight over management and accountability to shareholders. The Board appointed Mr. McComish as Chair, given his four years of leading the company as CEO, his solid performance and the performance of the Company. The Board is confident that this experience best positions him to capitalize on a deep understanding of the Company’s business to identify the most critical business issues that should be raised for consideration by the Board.

The Board believes these appointments and corporate governance changes are in the best interests of the Company and its shareholders.

Item 9.01 - Financial Statements and Exhibits