Board of Directors

Robert E. Chappell
Chairman, The Penn Mutual Life Insurance Company

Jerome F. Lombard, Jr.
President/Private Client Group, Janney Montgomery Scott, LLC

Richardson T. Merriman
President and CEO, Pennsylvania Trust

Timothy C. Scheve
President and CEO, Janney Montgomery Scott LLC

Peter J. Vogt
Executive Vice President and CFO, The Penn Mutual Life Insurance Company