TriState Capital Holdings in Pittsburgh will soon have a new CEO.
The $12.1 billion-asset company said in a press release Wednesday that Brian Fetterolf will also become its president on Jan. 1. Fetterolf will succeed James Getz, who will remain chairman.
Getz, who has been president and CEO since 2007, will continue to lead the board and support strategic business development activities. Getz will also remain chairman of TriState Capital Bank and Chartwell Investment Partners.
“Since 2009, Brian has played an instrumental role in the formation of our strategic plans, the buildout of our differentiated financial services business model, the recruitment of top talent and the strengthening of our entrepreneurial culture that is focused on our clients’ success and shareholder value creation,” Getz said in the release.
Raymond James Financial agreed in October to buy TriState Capital in a deal expected to close next year. TriState Capital is expected to operate as a separately branded firm, a stand-alone division and an independently chartered bank unit of Raymond James.