At 74, William Farber had no desire to lead the turnaround of his distressed bank.
"We could have survived it, but it was just going to be such a long haul," said Farber, a former chief executive of Comm Bancorp Inc. in Clarks Summit, Pa. "At my age, I wasn't interested in that. I wanted to retire."
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access