William Specht - Mid Penn Insider

MPB -- USA Stock  

USD 29.00  0.45  1.53%

  Chairman
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      
717-692-2133  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.

William Specht Latest Insider Activity

William Specht over a month ago via Macroaxis 
Mid Penn exotic insider transaction detected

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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