Events Calendar
In This Section
Most Read Stories
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Dad accused of forcing son into field, killing him
Man found dead in North Akron home is identified
Victim of beating in Kent last week is declared dead at Akron hospital
Coventry man killed in crash at I-77 ramp
Browns' roster nearly devoid of consistent players
College student mistaken for deer, shot to death
NFL star Chris Spielman's wife loses cancer battle
Blogs:
Pets:
Cat-loving chihuahua suckles seven abandoned kittens
The Heldenfiles:
Friday Night Notebook
Patrick McManamon:
For your Saturday entertainment …
Akron Zips:
Hitchens leads Zips in second-half comeback
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Holmgren expresses interest in Browns position
Kent State Sports:
Kent State blown out in second half, loses to Temple 47-13
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad
Varsity Letters:
Four area football teams play tonight
All Da King's Men:
Headed For Disaster
Blog of Mass Destruction:
Will Health Care Reform Pass?
Akron Law Café:
Health Care Financing Reform: (69) The Brookings Institute Study on "Bending the Curve" – Four General Strategies
See Jane Style:
Vintage Chic
Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED
Let's Talk Real Estate:
Silverdome Potentially SOLD!
Ohio Travels with Betty:
George is looking for a Thanksgiving buffet in Akron.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Colloquium at University of Akron
Akron Gamer:
Nintendo's Mario endures even as games come and go
Chief executive officer predicts bright future during Akron meeting
By Marilyn Miller
Beacon Journal business writer
Published on Thursday, Apr 17, 2008
FirstMerit Bank literally rolled out the red carpet for shareholders at its 26th annual shareholders meeting Wednesday in downtown Akron's John S. Knight Center.
About 300 shareholders attended.
Three items were approved, including an amendment altering the structure of the FirstMerit Corp. board of directors so that directors will be elected annually for one-year terms rather than three-year terms.
There are 13 directors in three groups with staggered terms. The entire slate of directors will be elected yearly beginning in 2010.
Directors elected Wednesday were: Karen Belden, Cary Blair, Robert Briggs and Clifford Isroff.
Also approved was the hiring of accounting firm Ernst & Young LLP for the year ending Dec. 31, 2008.
Paul Greig, chief executive officer and president of FirstMerit, gave an overview of the company's progress.
He said there has been credit improvement across departments with a stronger balance sheet and the bank's key priority for 2008 will be to concentrate on growth opportunity in areas such as Cleveland and Columbus.
''I think we have a bright future and we are working hard to produce great results,'' Greig said. ''We have an ongoing review of expenses to give great customer service and attack expenses that don't hold value to shareholders.''
Greig said retail banking was made stronger and more customer-oriented by combining the talents of regional CEOs, branch managers and advisory boards.
Marilyn Miller can be reached at 330-996-3098 or 800-777-7232 or mmiller@thebeaconjournal.com.
FirstMerit Bank literally rolled out the red carpet for shareholders at its 26th annual shareholders meeting Wednesday in downtown Akron's John S. Knight Center.
Get the full article here.
Comments
Click here to post your comments
