CINCINNATI, May 28, 2024
/PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC)
announces the election of Anne Arvia
as a new director on the First Financial Board of Directors,
following a vote during the company's annual meeting of
shareholders on Tuesday, May 28,
2024.
"Anne brings extensive banking and strategic transformation
experience, and her history of advising C-suite leaders and boards
on business operations will be valuable for the bank," said
Claude Davis, chairman.
"Anne is an excellent addition to the board, with impressive
accomplishments and knowledge from the financial services sector
that will add important viewpoints and perspectives as we plan the
future for First Financial," said Archie
Brown, president and CEO.
Ms. Arvia, 61, is a principal of strategic transformation and
program management for Cornerstone Advisors, a Scottsdale, Arizona-based management
consulting firm specializing in advising financial institutions.
She has held this role since 2023. Ms. Arvia, who lives in
Naperville, Illinois, previously
worked as executive vice president of The Auto Club Group and CEO
and president of The Auto Club Trust, FSB, both of which are AAA
companies, in Dearborn, Michigan.
Ms. Arvia also held executive leadership roles at USAA Bank in
San Antonio, Texas; Nationwide
Insurance in Columbus, Ohio; and
ShoreBank in Chicago, Illinois.
She has been a CPA since 1985 with public accounting
experience.
Susan Knust and William Barron previously announced their
retirements from the board effective at the conclusion of the
annual meeting. Ms. Knust had served on the board of First
Financial Bank since 1999, and on the board of First Financial
Bancorp since 2005. Mr. Barron served on the First Financial
Bancorp board since 2018, and the board of predecessor entities
since 1983.
"The board is deeply grateful for the time and expertise
provided by Susan and Bill over many years as the bank has grown,"
Davis said. "First Financial and the communities we serve are
better off as a result of their guidance."
About First Financial Bancorp.
First Financial
Bancorp. is a Cincinnati, Ohio
based bank holding company. As of March 31,
2024, the Company had $17.6
billion in assets, $11.2
billion in loans, $13.5
billion in deposits and $2.3
billion in shareholders' equity. The Company's subsidiary,
First Financial Bank, founded in 1863, provides banking and
financial services products through its six lines of business:
Commercial, Retail Banking, Investment Commercial Real Estate,
Mortgage Banking, Commercial Finance and Wealth Management. These
business units provide traditional banking services to business and
retail clients. Wealth Management provides wealth planning,
portfolio management, trust and estate, brokerage and retirement
plan services and had approximately $3.6
billion in assets under management as of March 31, 2024. The Company operated 130 full
service banking centers as of March 31,
2024, located in Ohio,
Indiana, Kentucky and Illinois, while the Commercial Finance
business lends into targeted industry verticals on a nationwide
basis. Additional information about the Company, including its
products, services and banking locations, is available at
www.bankatfirst.com.
![First Financial Bancorp Logo First Financial Bancorp Logo](https://mma.prnewswire.com/media/474431/First_Financial_Bancorp1_Logo.jpg)
View original content to download
multimedia:https://www.prnewswire.com/news-releases/first-financial-bancorp-announces-election-of-anne-arvia-to-board-of-directors-with-susan-knust-and-william-barron-retiring-302157041.html
SOURCE First Financial Bancorp.