“Kaplan & Associates did an outstanding job in both positioning my experience and in aligning my personal goals with the right opportunity. In the final outcome, K&A found a position that was finely tuned to my personal and professional objectives.”

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VP--Technology, Maxwell Systems

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10/29/07
New President at First Commonwealth Bank

First Commonwealth Financial Corporation (NYSE: FCF) today announced the hiring of T. Michael Price as President of First Commonwealth Bank, the lead subsidiary of $5.7BB asset company. Mr. Price will oversee all bank functions, including First Commonwealth's branch network, retail and commercial lending area, wealth management group, bank operations, and product development and marketing.

John J. Dolan, President & CEO of First Commonwealth Financial Corporation, noted, "The addition of Mike Price as President of First Commonwealth Bank is a key step in positioning our organization to meet and exceed our growth objectives. Mike brings with him a distinguished record of accomplishment in creating and sustaining highly effective sales organizations."

Mr. Price stated, "I am excited to come home to western Pennsylvania and get involved in the business community at the grass roots level. First Commonwealth presents a significant opportunity to make a difference for its clients, shareholders, employees, and the communities it serves."

Prior to joining First Commonwealth, Mr. Price served as Chief Executive Officer for National City in the Cincinnati and Northern Kentucky market. Mr. Price led National City's acquisition and successful integration of the $10 billion Provident Bank in Cincinnati, Ohio. Mr. Price served on National City's Retail Leadership Board, which establishes the strategic course for the company's retail business. Mr. Price was also instrumental in developing and implementing the small business banking model that National City currently utilizes.

In addition to his many professional accomplishments, Mr. Price is actively involved in numerous community organizations in the Cincinnati area. He serves on the boards of the United Way, Tri-Health Hospital, Northern Kentucky Vision 2015, the Cincinnati Business Committee, and the Cincinnati Opera. Mr. Price graduated from Westmont Hilltop High School in Johnstown, PA and attended Penn State University. Mr. Price received his BS in Finance from the University of Utah, and he earned his MBA from Cleveland State University. Mike Price and his wife plan to reside in Johnstown, PA with their five daughters. He will officially assume his new role on November 13, 2007.

“Kaplan & Associates did an outstanding job in both positioning my experience and in aligning my personal goals with the right opportunity. In the final outcome, K&A found a position that was finely tuned to my personal and professional objectives.”

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