S&T Bancorp Appoints Stephanie N. Doliveira to Board

INDIANA, Pa. – S&T Bancorp, Inc. (STBA), a $9.8 billion holding company trading on the NASDAQ, has announced the appointment of Stephanie N. Doliveira to its board of directors, effective immediately. Doliveira will also serve as a director for S&T Bank, the corporation’s principal subsidiary.

Doliveira brings over 25 years of leadership experience to S&T Bancorp, with a proven track record in guiding people-centric initiatives. Most recently, she held the position of Executive Vice President of People and Culture at Sheetz, Inc., a major convenience retailer operating over 800 locations across seven states. In this role, Doliveira oversaw a workforce of over 27,000 employees, with responsibilities spanning legal and risk management, alongside driving employee experience and workforce strategy.

Chris McComish, CEO and chair of both S&T Bancorp, Inc. and S&T Bank, expressed his enthusiasm for the appointment. “We are delighted to welcome Stephanie to our board. Her extensive background in cultivating high-performing cultures and executing enterprise-wide strategies brings a valuable perspective that aligns strongly with our core values and commitment to our people,” McComish stated.

Doliveira’s deep understanding of human capital management, coupled with her experience in risk oversight, is expected to be particularly valuable to S&T Bancorp as it navigates an increasingly complex regulatory environment. The banking sector is currently facing challenges adapting to rapid technological advancements, fluctuating interest rates, and heightened cybersecurity threats. Doliveira’s insights could offer a crucial edge in mitigating these risks and further developing S&T’s risk management framework.

Beyond her corporate responsibilities, Doliveira actively participates on the Pennsylvania Governor’s Early Learning Investment Commission and the Pennsylvania Chamber Board of Directors. She also serves on the Sheetz Family Charities Board of Directors, showcasing a commitment to community engagement.

“I am honored to join S&T’s board,” said Doliveira. “S&T’s commitment to its employees and the communities it serves resonates deeply with my own professional values. I am eager to collaborate with the board and leadership team to advance the Bank’s strategic goals and contribute to its long-term success.”

Analysts suggest that the appointment of Doliveira signals S&T’s intent to strengthen its internal culture and focus on sustainable growth. As regional banks face increased competition from larger national players and fintech companies, a differentiated approach to employee engagement and community relations can be a significant competitive advantage. Doliveira’s background aligns with the necessity of retaining and attracting top talent in a competitive banking employment market.

S&T Bancorp, Inc., established in 1902, operates primarily in Pennsylvania and Ohio. Investors will be closely watching how Doliveira leverages her experience to enhance shareholder value in the coming quarters.