William Specht - Mid Penn Insider

Mid Penn Bancorp Inc -- USA Stock  

USD 29.58  0.02  0.07%

Independent Vice Chairman of the Board

Mr. William A. Specht, III, serves as an Independent Vice Chairman of the Board of Mid Penn Bancorp Inc., effective May 1, 2012. Mr. Specht is President and Chief Executive Officer of Seal Glove Manufacturing, Inc., Ark Safety and Rescue Remedies. As President and Chief Executive Officer of his business affiliations, Mr. Specht is knowledgeable in all aspects of business operations. He also serves on the Boards of Directors of all three companies. Mr. Specht was appointed by the Dauphin County Commissioners to serve on the Dauphin County Planning Commission and currently serves as Vice Chairman. Mr. Specht previously served as a Board member of MANTEC, a nonprofit corporation, a member of the Consumer Advisory Board of Capital Blue Cross and as a School Board Director of the Millersburg Area School District
Age: 52  Chairman Since 2012      
866-642-7736  http://www.midpennbank.com
Specht is an active member of the Millersburg community and has served and continues to serve in various capacities with various organizations. The Board has determined Mr. Specht?s knowledge and management of his own business affiliations add value to the Corporationrationrationration and qualify him to serve on the Board. In 2012, Mr. Specht was appointed Vice Chairman of the Board of the Corporationrationrationration and the Bank.

Management Efficiency

The company has Return on Asset of 0.78 % which means that on every $100 spent on asset it made $0.78 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 11.08 % implying that it generated $11.08 on every 100 dollars invested.
The company has 42.35 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
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