Dave Reed Takes Regional President Role with Pittsburgh Regional Bank

His next chapter.

State House Majority Leader Rep. Dave Reed (R-Indiana) will join First Commonwealth Bank as their regional president, according to the Pittsburgh Business Times.

“Dave is deeply invested in western and central Pennsylvania with a remarkable commitment to the economy, the issues, and the people,” First Commonwealth (NYSE:FCF) CEO Mike Price said in a prepared statement to the Pittsburgh Business Times. “Dave is a model leader to serve as a primary business development catalyst throughout the region, and we’re privileged to have him join the First Commonwealth team.”

Reed, the eight term representative in the 62nd District, announced in March he would not seek office in November. In January, he shared his intentions of running for U.S. Congress to replace retiring Rep. Bill Shuster (R-Blair), but after the Congressional map was redrawn in Pennsylvania, he decided to no longer seek office.

Yesterday, on the House floor, Reed delivered his farewell address to his colleagues.

According to PennLive, he described the past year as a rollercoaster and believes politics has gotten too negative, aggressive and personal.  

“It doesn’t have to be that way,” he said.

First Commonwealth Financial Corp. has 140 banking offices in 22 counties in Pennsylvania and Ohio and operates three mortgage office, according to PennLive.

Reed is excited to take on this new role.  

“I look forward to helping grow the bank and the communities it serves,” Reed said, according to PennLive. “I’m excited and grateful for the opportunity to be part of the future of this fine institution.”

The headline was updated to include the word “Regional” in describing the First Commonwealth Bank.

7 Responses

  1. I think Dave Reed is clearly positioning himself to run for Governor in 2022. Scott Wagner has spent many many millions on a first class debacle where he is down 25 points which seems to be the floor that any candidate would have for Republican for Gov–to lose by 25% is a class A political embarrassment. So, what did all those millions get Scott Wagner??? If he spent zilch he be about where he is right now! Dave Reed meanwhile is positioning himself above the fray for the next gubernatorial cycle.

  2. Where’d he get his MBA from? Bachelors in Finance or Accounting? He doesn’t have one? Then how is he qualified for this job?

  3. First Commonwealth is not a “Pittsburgh bank.” Its corporate headquarters is in Indiana, PA. Indiana is only “Pittsburgh” to someone from Philadelphia. Hint: they are not the same place.

Comments are closed.

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