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

Eileen C. McDonnell
President, The Penn Mutual Life Insurance Company

David S. Penn
Executive Vice President, Director of Wealth Management,
Janney Montgomery Scott LLC