Events Calendar
In This Section
Most Read Stories
Blogs:
Pets:
Summit teams up with Rescue Waggin' to save dogs
The Heldenfiles:
Songs for an American Day
Patrick McManamon:
Touching on the Browns, Cavs
Akron Zips:
Opponent outlook: Northern Illinois
Browns Bulletin:
Single-game ticket sales begin July 11
Tribe Matters:
Wedge assured of job through season
Cleveland Browns:
Stallworth test showed marijuana
Kent State Sports:
Men's Basketball Scheduling update
Cleveland Cavaliers:
Updated: Free Agency: Another Gone - Apparently
All Da King's Men:
The Obligatory Palin Post
Blog of Mass Destruction:
Wow….Sarah Palin Resigns Governorship
Akron Law Café:
Abraham Lincoln and the Fourth of July
Varsity Letters:
Highland senior receives honor
See Jane Style:
Picnic Wear
Car Chase:
Where do We Go from Here?
Let's Talk Real Estate:
Happy 4th of July!
Ohio Travels with Betty:
Tom asks where to stay while visiting the football Hall of Fame.
Sound Check:
Rundgren fans rejoice!: Second night of AWATS at The Civic added
HRLite House:
Morscruethal Behaviors or Just Lip Service?
Akron Gamer:
Hot link: Best of Nintendo at E3
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
