Berks County Group Basis
The Berks County Group Basis welcomes two native enterprise and neighborhood leaders to its board. Elected had been:
Michael J. Rowley, CPA/ABV, CVA, CFF, a Companion and Chairman of the Board at Herbein + Firm, Inc.
Douglas F. Smith, Vice President and Business Mortgage Officer at Mid Penn Financial institution.
Rowley started his profession at Herbein + Firm in 1978. Earlier than that, he spent three years at a nationwide accounting agency. Rowley is Companion in Cost of the agency’s Administration Advisory Providers group, specializing in mergers and acquisitions, enterprise valuations of closely-held companies and litigation assist engagements. Rowley has additionally assisted purchasers on succession planning issues. He’s a member of the American Institute of Licensed Public Accountants, a member of the Pennsylvania Institute of Licensed Public Accountants, a member and former chair of the Studying Chapter of Pennsylvania Institute of Licensed Public Accountants, and a member of the Nationwide Affiliation of Licensed Valuation Analysts. He serves on the boards of The Highlands at Wyomissing (treasurer), Muhlenberg College District Academic Basis (treasurer), Berks County Workforce Growth Board (former chair), and Berkshire Nation Membership (former treasurer), and as a member of the Penn State Berks Enterprise Advisory Council.
When Smith was appointed to his place at Mid Penn Financial institution in 2020, he introduced 36 years of monetary expertise to the position, about half of which was spent as Vice President for Finance and Administration at Alvernia College. At Alvernia, Smith greater than doubled the landholdings of the college and accomplished $125 million in building tasks. Earlier than that, he served as CFO at TECT Inc., and as vp, company banking at each First Valley Financial institution and Sovereign Financial institution. Smith serves on the board of AAA of Studying-Berks and is a member of the Funding Committee of Berks County Group Basis. He beforehand served on the boards of Residence Well being Care Administration Inc. (chair), Kidspeace Inc., March of Dimes WalkAmerica (chair), Gustav Oberlander Basis (vp/treasurer), and Kids’s Residence of Studying (vice-chair).
Penn State Well being
Edward Chabalowski, Glenmoore, Chester County, has been named vp of finance and chief monetary officer for Penn State Well being’s Berks and Lancaster county area, efficient Sept. 7.
Chabalowski, who’s chief monetary officer for 2 hospitals inside Tower Well being, will function the senior monetary chief for Penn State Well being St. Joseph and the longer term Penn State Well being Lancaster Medical Heart. Chabalowski will even work in shut coordination with the Penn State Well being Medical Group practices within the space.
Mark Liston, who serves as interim chief monetary officer at St. Joseph Medical Heart, will proceed in that position by the tip of September to help with the transition.
Chabalowski has 35 years of expertise in well being care finance, operations and technique, in addition to a robust monitor document of constructing partnerships with hospital management and physicians to make sure efficient and environment friendly execution of strategic targets. He was recruited to the newly shaped Tower Well being in 2018 to steer the combination of Phoenixville Hospital into that well being system, and two years later, he took monetary accountability for Pottstown Hospital, as effectively. Previous to that, he was recruited to steer the combination of Group Medical Heart in Scranton into Geisinger Well being System and later served as vp of monetary integration and operations enchancment.
From 1997 to 2012, Chabalowski served as director of finance and later chief monetary officer at Temple College Hospital in Philadelphia.
Chabalowski is a graduate of Rutgers College with a level in enterprise administration and accounting.