BRYN MAWR, Pa., January 6, 2015 – Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported that Francis J. Leto and Britton H. Murdoch have assumed their new leadership roles as Chief Executive Officer and Chairman of the Board of Directors, respectively as of January 1, 2015. These elections complete the final steps in the Corporation’s CEO succession plan, announced April 25, 2014, to replace Ted Peters, former Chairman and Chief Executive Officer who retired on December 31, 2014.
“Bryn Mawr Trust is a very successful and admired institution and I am very excited about the opportunity to lead the organization. I have the great fortune to work with an exceptionally talented staff that are dedicated to providing the best solutions and services for our clients. I look forward to continued growth and success at Bryn Mawr Trust,” said Frank Leto, President and CEO.
Britton H. Murdoch, Chairman of the Board of Directors added, “We are beginning a new chapter at Bryn Mawr Trust defining new goals and objectives. We have a solid foundation to build upon having successfully delivered solutions to serve our clients financial needs for more than 125 years. Frank and I feel fortunate to begin our new leadership roles at a time when we have experienced such positive growth and profitability. We owe a deep debt of gratitude to Ted Peters for his outstanding leadership over the past fourteen years.”