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First Commonwealth (FCF) just unveiled an update.
Brian Karrip, EVP and Chief Credit Officer of First Commonwealth Financial Corporation, announced his retirement effective August 15, 2024. The company has arranged a separation agreement, which includes continued salary payments, healthcare coverage, and settlement of incentive plans. In return, Karrip will uphold confidentiality and other covenants. Following the succession plan, Deputy Chief Credit Officer Brian Sohocki will succeed him, as revealed in a press release on August 2, 2024.
See more insights into FCF stock on TipRanks’ Stock Analysis page.