Michael Peduzzi is the current President and Chief Executive Officer of CNB Financial Corporation, a role he took on starting December 31, 2022, following his appointment to the Board of Directors. With a Bachelor's in Accounting from The Pennsylvania State...

Michael Peduzzi is the current President and Chief Executive Officer of CNB Financial Corporation, a role he took on starting December 31, 2022, following his appointment to the Board of Directors. With a Bachelor's in Accounting from The Pennsylvania State University, he brings a solid financial background to the table. Before joining CNB, he spent over 34 years in the banking and financial services sector, holding executive positions at several firms, including Mid Penn Bancorp and Codorus Valley Bancorp. He is also a licensed CPA in Pennsylvania, showing he knows his stuff when it comes to finance. His compensation reflects his performance-driven leadership style, with a total of $1,110,489 in 2022, which included a salary of $623,000 and performance bonuses based on company results—mainly focusing on fully-diluted EPS and loan revenues. Peduzzi is actively involved in the company’s stock ownership guidelines that require him to hold shares worth at least 300% of his salary to ensure alignment with shareholder interests. He has a keen focus on maintaining CNB’s growth in a competitive market, navigating through a world of constant change with a clear strategy and a focus on numbers. He has also seen significant activity in his stock trading, with transactions reaching over $1 million, reflecting his strong belief in the company’s future. Peduzzi's journey offers lessons in resilience and adaptability in a high-stakes industry that evolves rapidly, and he continues to push CNB toward expansive horizons.