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For Immediate Release:
January 11, 2001
Contacts: Robert L. Stevens
(work) 610.526.2300 or
(home) 610.296.5539
or Ted Peters
(cell) 484.332.0930 or
(home) 610.525.2531
NEWS RELEASE
Bryn Mawr Trust Names Peters New President
Bryn Mawr, Pennsylvania - Frederick C. "Ted" Peters II has been named President
and Chief Executive Officer of Bryn Mawr Bank Corporation and The Bryn Mawr
Trust Company. Both positions were formerly held by Robert L. Stevens, who
retains the title of Chairman of the corporation and bank.
Mr. Peters, 51, was Founder, President and Chief Executive Officer of the 1st
Main Line Bank, a division of the National Penn Bank and, before that, the
founding Chief Executive Officer of the National Bank of the Main Line. A
longtime resident of the Main Line, Peters has 25 years of banking experience in
the Philadelphia area. He is a graduate of The Haverford School and received a
bachelor's degree from Amherst College in Massachusetts.
"Bryn Mawr Trust is one of the nation's premier financial institutions,"
according to Mr. Peters. "I look forward to carrying on its traditions of
independence, quality and customer service."
Mr. Stevens, who plans to retire in August of 2002, has been President of Bryn
Mawr Trust since 1980, and Chairman since 1995. He started his career in
banking at The Bryn Mawr Trust Company in 1960. Born in Waukegan, Illinois, he
received a Bachelor of Arts degree from Northwestern University. Mr Stevens has
been an active community leader for many years.
Exhibit A
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"I look forward to working with Ted during this transition period," said Mr
Stevens. "I am confident that his leadership will take the Bank to even higher
levels of excellence and performance."
The Bryn Mawr Trust Company, founded in 1889, has six full service branches
and six limited service branches, and $424 million in assets. Bryn Mawr Trust
offers a full range of personal and business banking services, investment
management, tax planning, family office, financial planning, foundations,
insurance, mortgages, and fiduciary services.
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Exhibit A
