Robert Grubic - Mid Penn Insider

MPB -- USA Stock  

USD 30.85  0.05  0.16%

Mr. Robert C. Grubic was appointed as Independent Chairman of the Board of Mid Penn Bancorp Inc., effective May 1, 2012. In 1989, Mr. Grubic became President and Chief Executive Officer of Herbert, Rowland Grubic, Inc., a consulting engineering firm based in Harrisburg, PA. He was employed by the firm and its predecessor firm since 1973. Mr. Grubic has a Bachelor of Civil Engineering Degree from Villanova University and a Master of Administration Degree from The Pennsylvania State University. He serves on numerous civic and community boards and groups in the greater Harrisburg area. He has overall management responsibility of the 240 person engineering firm of Herbert, Rowland Grubic, Inc., including oversight of all financial, administrative, human resources and technical components of the firm. Due to his many years of experience in managing a successful engineering firm, the Board feels Mr. Grubics vast knowledge of business operations is invaluable and qualifies him to serve on the Board
Age: 62  Chairman Since 2012      
Grubic was appointed Chairman of the Board of the Corporationrationrationration and the Bank in 2012, after previously serving as Vice Chairman.

Robert Grubic Latest Insider Activity

Robert Grubic over two months ago via Macroaxis 
Purchase by Robert Grubic of 143 shares of Mid Penn

Management Efficiency

The company has Return on Asset of 0.52 % which means that on every $100 spent on asset it made $0.52 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 6.01 % implying that it generated $6.01 on every 100 dollars invested.
The company has 29.58 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.

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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 BATS Exchange. It employs 255 people.Mid Penn Bancorp (MPB) is traded on BATS Exchange 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, Chief Lending Officer of Mid Penn Bank and Executive VP of Mid Penn Bank
Robert Grubic, Independent Chairman of the Board
Edward Williams, Interim Principal Financial Officer, CFO of Mid Penn Bank and Sr. VP of Mid Penn Bank
Gregory Kerwin, Independent Director
Matthew DeSoto, Director, Chairman of Audit Committee, Member of Compensation Committee, Director of Mid Penn Bank and Advisory Board Member of Mid Penn Bank
Joel Frank, Director
Cindy Wetzel, Secretary; Vice President and Corporate Secretary of the Mid Penn Bank
John Noone, Director
David Sparks, Market President of First Priority Bank, a Division of Mid Penn Bank, Director
Robert Abel, Independent Director
Robert Klinger, Director, Member of Audit Committee and Member of Advisory Board - Mid Penn Bank
Michael Peduzzi, CFO, Executive Vice President
Robert Moisey, Director of the Company and Mid Penn Bank
Noble Quandel, Director of the Company and Mid Penn Bank
Kelly Neiderer, Senior Banking Officer of the Bank
Steven Boyer, Independent Director
Joseph Paese, Executive Vice President and Director of Trust and Wealth Management
Alan Novak, Director
Donald Kiefer, Director
Patrick Smith, Director
Rory Ritrievi, CEO and President Director, Member of Executive Committee, CEO of Mid Penn Bank and President of Mid Penn Bank and Director of Mid Penn Bank
Theodore Mowery, Director, Chairman of Compensation Committee, Member of Nominating and Corporate Governance Committee, Advisory Board Member of Mid Penn Bank and Director of Mid Penn Bank
Vincent Land, Director of the Company and Mid Penn Bank
Justin Webb, Senior Vice President and Chief Credit Officer of the Mid Penn Bank
William Specht, Independent Vice Chairman of the Board

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