Bryn Mawr Bank: Francis Leto To Succeed Ted Peters As CEO

(RTTNews) - Bryn Mawr Bank Corp (BMTC), parent of The Bryn Mawr Trust Co, on Friday announced a CEO succession plan and has designated Francis Leto as president and chief operating officer effective May 1, 2014.

Also the company said that on Jan. 1, 2015, Leto will succeed Ted Peters as CEO, after Peters retires at the end of 2014.

Leto currently manages the Wealth Management Division of Bryn Mawr Trust Co( Bank ) and serves as General Counsel of the company and Bank.

The board has also announced their decision to establish a non-executive Chairman position effective with Peters' retirement.