Tom Sullivan Promoted to First Commonwealth’s Top Mortgage Position
February 3, 2025, INDIANA, PA. ― First Commonwealth Bank has announced the promotion of its mortgage sales leader, Tom Sullivan, to Mortgage Banking Executive, succeeding long-time executive Stan Foraker, who announced his retirement recently.
Sullivan’s appointment is effective April 1, Foraker’s official retirement date. In his new role, Sullivan, currently the bank’s Executive, Retail Mortgage Sales, will be responsible for oversight of the entire Mortgage Banking Division, including strategy, execution, collaboration and profitable outcomes.
“This is a phenomenal growth opportunity for Tom, one in which I look forward to helping him be highly successful,” said Jeff Rosen, Consumer and Small Business Lending Executive. “Tom joined us to help get our mortgage business off the ground back in 2014 and has made steady progression in leadership through the years. His passion and energy for the business and for the team, and his unquestionably collaborative, growth-driven, enthusiasm, makes him a great leader for us.”
“Tom has been such a terrific partner for me personally and an exceptional asset for our bank,” said Foraker. “He was the confident choice for this succession and will be a tremendous leader for the department.”
Sullivan’s impressive mortgage sales and sales management career spans more than two decades. He joined First Commonwealth in 2014, shortly after the bank’s entry into the mortgage business. Sullivan has enjoyed a progressive career with First Commonwealth, starting as an area sales manager, then as its PA mortgage market manager, and―for the past nearly six years―his current role of retail mortgage sales executive, in which he leads the bank-wide team of mortgage loan officers.
Prior to joining First Commonwealth, Sullivan held key roles in both the independent mortgage and retail banking sector. He was co-operator and manager of a mortgage brokerage firm. He also held sales/management positions at other community and regional financial institutions. He spent two years as a professional baseball player after being drafted in 2000 by the Minnesota Twins Baseball Club.
Sullivan lives in Evans City and has four children: Connor, Sienna, Elliott, and step-daughter Angelina.
About First Commonwealth Financial Corporation
First Commonwealth Financial Corporation (NYSE: FCF), headquartered in Indiana, Pennsylvania, is a community bank committed to its mission of improving the financial lives of its neighbors and their businesses. First Commonwealth operates 125 branches throughout Ohio and Pennsylvania and also has business banking centers in Columbus, Cleveland, Canton and Cincinnati, Ohio; Pittsburgh and Harrisburg, Pennsylvania. First Commonwealth, through subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency, provides a full range of commercial and retail banking services, including mortgage, wealth management and insurance solutions, along with equipment financing and SBA and indirect lending. For more information about First Commonwealth or to open an account today, please visit www.fcbanking.com.
Media Contact:
Ron Wahl
724-463-6806
RWahl@fcbanking.com