JOHNSTOWN, Pa., May 13, 2020 /PRNewswire/ -- The Board of
Directors of AmeriServ Financial, Inc. (NASDAQ: ASRV) today
announced the appointment of Daniel A.
Onorato as an independent director of the company. Mr.
Onorato is executive vice president, chief corporate affairs
officer for Highmark Health, headquartered in Pittsburgh, Pennsylvania.
Mr. Onorato's appointment expands the Board to nine
directors. He will be a member of the investment/asset
liability committee and the audit committee, on which he will also
serve as the board's designated audit committee financial expert
under applicable SEC rules.
"We are pleased to welcome Dan as a new independent director to
the AmeriServ board. He is an accomplished business leader
and well-respected within our region for the important roles he has
played within Allegheny County
government. Through his role at Highmark Health, Dan has been
instrumental in helping the company navigate the regulatory,
community and corporate communication facets as one of the top
health care providers throughout the state," Allan Dennison, chairman of AmeriServ Financial,
Inc., said. "We are confident he will add great value to our
Board and AmeriServ will benefit from his expertise and
Prior to joining Highmark Health, Mr. Onorato served two terms
as chief executive of Allegheny County. Prior to that, he
served as Allegheny County's
controller and two terms on the Pittsburgh City Council. His
professional background also includes work as an attorney and
certified public accountant (CPA).
Mr. Onorato is currently on the Boards of the Highmark
Foundation, Highmark Caring Foundation, Pennsylvania Chamber of
Business and Industry,
Greater Pittsburgh Chamber of
Commerce, Pittsburgh Public Theater, Allegheny Parks Foundation and
Jefferson Regional Foundation. He is a graduate of
The Pennsylvania State University, and
earned a Juris Doctorate from the University
of Pittsburgh School of Law.
Mr. Onorato and his wife, Shelly, reside in Pittsburgh.
They are the parents of three children.
About AmeriServ Financial, Inc.
AmeriServ Financial, Inc. is the parent of AmeriServ Financial
Bank and AmeriServ Trust and Financial Services Company in
Johnstown. The Company's subsidiaries provide full-service
banking and wealth management services through sixteen community
offices in southwestern Pennsylvania and Hagerstown, Maryland. The Company also
operates loan production offices in Altoona and Monroeville, Pennsylvania. At
March 31, 2020, AmeriServ had total
assets of $1.17 billion and a book
value of $5.92 per common
share. For more information, visit www.ameriserv.com.
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SOURCE AmeriServ Financial, Inc.