S&T Bank Promotes Two Senior Level Employees

S&T Bancorp promoted Pat Haberfield and Jim Mill to senior EVP, chief credit officer and SVP, deposit operations and alternative channel manager, respectively.

Gleacher Appoints Chief Restructuring Officer

Gleacher & Company announced that Christopher J. Kearns of Capstone Advisory Group was appointed as the company’s chief restructuring officer and chief executive officer.

PNC’s Demchak to Succeed Rohr as CEO

PNC Financial said its board elected president William S. Demchak as director and announced that he will succeed chairman James E. Rohr, who will be retiring, as chief executive officer.

JPMorgan Holds Dimon Responsible for CIO Losses, Cuts Pay

JPMorgan said CEO Jamie Dimon “bears ultimate responsibility for the failures” relating to losses by its chief investment office and that his 2012 compensation was cut by more than 50% from the prior year.

CFA Annual Convention: Thriving Through Industry ‘Transformation’

The theme of the CFA’s 68th Annual Convention is “Transformation,” and the event features keynote speaker Richard B. Cheney, 46th Vice President of the United States, who will offer insight into the economic and political landscape, past and present. The convention, which takes place November 14-16, 2012, at the JW Marriott Desert Ridge in Phoenix, AZ, attracts professionals from around the world involved with asset-based lending, factoring, appraisals/auctions/liquidations, turnaround management and commercial finance law to collaborate on issues in commercial lending.