Matthew DeSoto - Mid Penn Insider

MPB -- USA Stock  

USD 34.65  0.35  1.00%

Director, Chairman of Audit Committee, Member of Compensation Committee, Director of Mid Penn Bank and Advisory Board Member of Mid Penn Bank

Mr. Matthew G. DeSoto is an Independent Director of Mid Penn Bancorp Inc. In 2013, Mr. DeSoto became President and Chief Executive Officer of MI Windows and Doors, Inc. in Gratz, PA, where he previously served as Chief Operating Officer. MI Windows and Doors is a nationwide fabricator of window and patio door products for residential projects. Mr. DeSoto has previously served on the Policy Advisory Board of the Harvard University Joint Center for Housing Studies and is an active member of the Young Presidents Organization. Mr. DeSoto attended The Pennsylvania State University obtaining a BS Degree in Marketing. The Board has determined that as President and Chief Executive Officer of MI Windows and Doors, Inc., Mr. DeSotos knowledge in all aspects of business operations is an asset to the Corporationrationration and qualifies him to serve on the Board. Mr. DeSoto serves as Chairman of the Audit Committee and is a member of the Compensation Committee.
Age: 38  Chairman Since 2008      
717-692-2133  http://www.midpennbank.com
DeSoto attended The Pennsylvania State University obtaining a BS Degree in Marketing.

Management Efficiency

The company has Return on Asset of 0.49 % which means that on every $100 spent on asset it made $0.49 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 5.77 % implying that it generated $5.77 on every 100 dollars invested.
The company has 29.63 M in debt with debt to equity (D/E) ratio of 12.3 . This implies that the company may be unable to create cash to meet all of its financial commitments.

Similar Executives

Showing few of many executives

CHAIRMAN Since

Alfred HerlingDeutsche Bank Aktiengesellschaf
2013
Michael ONeillCitigroup
2012
Paul AchleitnerDeutsche Bank Aktiengesellschaf
2012
Kazuo KojimaORIX Corporation
2018
Hiroaki NishinaORIX Corporation
2013
Hideto NishitaniORIX Corporation
2015
John CryanDeutsche Bank Aktiengesellschaf
2016
Hani KablawiThe Bank of New York Mellon Cor
2018
Toyonori TakahashiORIX Corporation
2017
Thomas GibbonsThe Bank of New York Mellon Cor
2018
Brian SheaThe Bank of New York Mellon Cor
N/A
Curtis ArledgeThe Bank of New York Mellon Cor
2014
Juergen FitschenDeutsche Bank Aktiengesellschaf
2012
Katsunobu KameiORIX Corporation
2017
Stefan RudschaefskiDeutsche Bank Aktiengesellschaf
2017
Gerald HassellThe Bank of New York Mellon Cor
2017
Detlef PolaschekDeutsche Bank Aktiengesellschaf
2018

Entity Summary

Mid Penn Bancorp, Inc. operates as the holding company for Mid Penn Bank that provides commercial banking and trust services to individuals, partnerships, non-profit organizations, and corporations. Mid Penn Bancorp, Inc. was founded in 1868 and is headquartered in Millersburg, Pennsylvania. Mid Penn operates under Banks - Regional - US classification in USA and traded on NASDAQ General Markets. It employs 255 people.Mid Penn Bancorp (MPB) is traded on NASDAQ General Markets in USA. It is located in PENNSYLVANIA, U.S.A and employs 255 people. Mid Penn is listed under Banking category by Fama And French industry classification.

Mid Penn Bancorp Leadership Team

Scott Micklewright, EVP
Robert Grubic, Chairman
Edward Williams, CFO
Gregory Kerwin, Director
Kelly Neiderer, Executive
Steven Boyer, Director
Joseph Paese, President
Donald Kiefer, Director
Rory Ritrievi, CEO
Theodore Mowery, Chairman
Vincent Land, Director
Matthew DeSoto, Chairman
Cindy Wetzel, President
John Noone, Director
Robert Abel, Director
Robert Klinger, Director
Justin Webb, President
Michael Peduzzi, President, CPA
Robert Moisey, Director
Noble Quandel, Director
William Specht, Chairman

Stock Performance Indicators

Did you try this?

Run Portfolio Rebalancing Now
   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Portfolio Rebalancing

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see also Stocks Correlation. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.