Robert Grubic - Mid Penn Insider

Mid Penn Bancorp Inc -- USA Stock  

USD 31.50  1.00  3.08%

Independent Chairman of the Board

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.

Management Efficiency

The company has Return on Asset of 0.64 % which means that on every $100 spent on asset it made $0.64 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 9.7 % implying that it generated $9.7 on every 100 dollars invested.
The company has 64.3 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 offer commercial banking and trust business services to individuals, partnerships, nonprofit organizations, and corporations in Pennsylvania. Mid Penn Bancorp Inc (MPB) is traded on NASDAQ General Markets in USA. It is located in PENNSYLVANIA, U.S.A and employs 229 people. Mid Penn is listed under Banking category by Fama And French industry classification.

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Top Management

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

Mid Penn Performance Indicators