AKRON, Ohio, Feb. 21 /PRNewswire-FirstCall/ -- FirstMerit Corporation
(Nasdaq: FMER) today announced that Mark J. Grescovich, executive vice
president of commercial banking, has been named interim chief credit
officer following the resignation of David G. Lucht, executive vice
president and chief credit officer. Mr. Lucht has resigned to pursue
another career opportunity. FirstMerit said that it has commenced an
immediate search for a replacement.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001220/FIRSTMERITLOGO)
"We thank David for his service and wish him well in his future
career," said Paul Greig, chairman and chief executive officer of
FirstMerit.
About FirstMerit
FirstMerit Corporation is a diversified financial services company
headquartered in Akron, Ohio, with assets of $10.3 billion as of December
31, 2006 and 161 banking offices and 176 ATMs in 25 Ohio and Western
Pennsylvania counties. FirstMerit provides a complete range of banking and
other financial services to consumers and businesses through its core
operations. Principal wholly-owned subsidiaries include: FirstMerit Bank,
N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd., and
FirstMerit Community Development Corporation.
Forward-Looking Statement
This release contains forward-looking statements relating to present or
future trends or factors affecting the banking industry, and specifically
the financial condition and results of operations, including without
limitation, statements relating to the earnings outlook of the Company, as
well as its operations, markets and products. Actual results could differ
materially from those indicated. Among the important factors that could
cause results to differ materially are interest rate changes, continued
softening in the economy, which could materially impact credit quality
trends and the ability to generate loans, changes in the mix of the
Company's business, competitive pressures, changes in accounting, tax or
regulatory practices or requirements and those risk factors detailed in the
Company's periodic reports and registration statements filed with the
Securities and Exchange Commission. The Company undertakes no obligation to
release revisions to these forward-looking statements or reflect events or
circumstances after the date of this release.
Tom O'Malley
(330) 384-7109
SOURCE FirstMerit Corporation
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Related links:
http://www.firstmerit.com
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AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Tom O'Malley of FirstMerit Corporation,
+1-330-384-7109
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