Due to a planned retirement, S&W has been retained to manage the search and selection process for AmeriServ Financial’s next CFO.
Founded in 1901, AmeriServ Financial (NASDAQ: ASRV) is a $1.5 billion publicly traded community bank headquartered in Johnstown, Pennsylvania. Guided by a “banking for life” philosophy, AmeriServ is committed to serving clients at every stage of their financial journey through a comprehensive suite of commercial and consumer banking products and services, delivered through 16 retail branches as well as robust online and mobile banking platforms. AmeriServ places its core constituents – shareholders, clients, employees, and the communities it serves – at the center of its strategy. This strong commitment to community banking, combined with disciplined financial management and diversified client services that includes an outsized and growing wealth management division, distinguishes the organization from many peer institutions. With a long-standing presence in its markets, a stable franchise, and meaningful opportunities for continued growth, AmeriServ Financial is well positioned to build on its legacy and continue serving its communities into its next century.
Reporting to the President and CEO, the EVP, Chief Financial Officer will play a critical leadership role at the Bank overseeing all aspects of financial management, reporting, investments, and strategic financial planning. Leading a talented team of 10 finance professionals, the CFO will direct regulatory and SEC reporting, budgeting, management of the investment securities portfolio, asset & liability management, while ensuring compliance with accounting standards and regulatory requirements. AmeriServ’s next CFO will also serve as a key liaison with regulators, external auditors, investors, and the board of directors, providing strategic guidance on the Bank’s financial performance, capital planning, and long-term business strategy.
We are seeking talented and strategic finance leaders for this unique public bank CFO opportunity. For additional information, or to arrange a confidential conversation, please contact Julia Crouter, Consultant (jcrouter@smithandwilkinson.com).