WesBanco named Richard Hunt executive vice president and director of commercial and industrial banking. In his new role, Hunt will lead and execute the strategic direction of the commercial and industrial banking division for WesBanco.
WesBanco’s board of directors selected current director, Christopher V. Criss, to succeed James C. Gardill as chairman of the board. Gardill did not stand for re-election due to the company’s director retirement policy.
WesBanco completed its acquisition of Frankfort, KY-based Farmers Capital Bank. Michael J. Crawford, a former Farmers director, was concurrently appointed to the WesBanco board of directors.
WesBanco agreed to acquire Farmers Capital Bank, with both boards of directors unanimously approving the transaction. The merger is expected to qualify as a tax-free reorganization.
WesBanco completed its acquisition of Huntington, WV-based First Sentry Bancshares. WesBanco also appointed First Sentry’s former president and CEO Geoffrey Sheils market president for Huntington and the surrounding area.
WesBanco, holding company of WesBanco Bank, received all necessary regulatory approvals for its merger with First Sentry Bancshares.