Mid Penn Bancorp Appoints Dana Stewart as First EVP and Chief Operating Officer

summarizeSummary

Mid Penn Bancorp announced the appointment of Dana R. Stewart as its new Chief Operating Officer, bringing over 35 years of financial services experience to the role. The former COO will transition to lead the Private Bank.

check_boxKey Events

• New Chief Operating Officer Appointed

  Mid Penn Bank, a wholly-owned subsidiary, appointed Dana R. Stewart as First Executive Vice President and Chief Operating Officer, effective January 5, 2026.

• Extensive Financial Services Experience

  Mr. Stewart brings over 35 years of experience, including leadership roles at First National Bank and BNYMellon, focusing on operational excellence and strategic initiatives.

• Previous COO Transitions to New Role

  Jordan D. Space, who served as COO, will continue as President of the Private Bank, managing MPB Financial Services, LLC and its nonbank subsidiaries.

• Compensation Details

  Mr. Stewart will receive an annual base salary of $310,000 and a change in control agreement with a severance benefit equal to 2.25 times his annual base salary.

auto_awesomeAnalysis

Mid Penn Bancorp has strengthened its executive leadership by appointing Dana R. Stewart as Chief Operating Officer. Mr. Stewart's extensive background in financial services operations and strategic project management from his previous roles at First National Bank and BNYMellon suggests a focus on enhancing efficiency and driving disciplined growth. The transition of the former COO to President of the Private Bank indicates a strategic realignment of leadership rather than an unexpected departure, which is a positive sign for the company's stability and future operational execution.