S&T Bancorp adds Peter G. Gurt to board, expanding it from 11 to 12 directors
S&T Bancorp's board increased its size from 11 to 12 directors on July 24, 2024, and appointed Peter G. Gurt, president of Milton Hershey School since 2014, as a director effective immediately. The filing says the Board considers him independent under Nasdaq standards, and it describes a prorated cash retainer of $58,333 and an equity grant valued at $41,667 for his service through the 2025 annual shareholder meeting.
Key points
- Board expanded from 11 to 12 directors; Peter G. Gurt appointed effective July 24, 2024, also named director of S&T Bank
- Gurt will serve on the Compensation and Benefits Committee and Credit Risk Committee
- Prorated cash retainer of $58,333 and equity grant valued at $41,667 for service through the 2025 annual shareholder meeting
- Press release dated July 25, 2024 furnished as Exhibit 99.1
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.