1st Summit Bancorp of Johnstown Appoints Allison Johnson As President and Chief Executive Officer, Eric Renner Resigns

Mar 28, 2025•4 months ago

Position

Director

Company

1st Summit Bank

Allison Johnson

JohnstownBankingLendingFinanceFinancial Services

Description

1st Summit Bancorp of Johnstown announced the voluntary resignation of Eric Renner as President and Chief Executive Officer and Director, and the appointment of Allison Johnson as his successor effective March 28, 2025. Additionally, John W McCall resigned as Chairman of the Board, with Rex W McQuaide, Esq appointed to assume the role.

Company Information

Company

1st Summit Bank

Location

Johnstown, Pennsylvania, United States

About

1st Summit Bank is a financial institution that has been in business for 100 years, with a commitment to strategic growth and safeguarding the assets of its customers.

Related People

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months