About Todd
Biography
A top executive during the growth years of S&T Bank and now a contributor to the ongoing success of the family-owned Douds Furniture company, Todd Brice has been named a member of the Class of 2023 of the Indiana County Business Hall of Fame.
A native of Plumville, Brice graduated from Grove City College in 1984 and joined S&T Bank. He later earned a business certificate from Graduate School of Banking at University of Wisconsin. During a 36-year career, Brice served as senior vice president of commercial lending, president and chief operating officer from 2004 to 2008, president and CEO from 2008 to 2019 and CEO until his retirement in 2021.
Brice said his corporate success was based on principles he learned from his father and grandfather in the furniture business while he was young.
Brice was instrumental in developing and implementing business growth strategies and fostering beneficial partnerships during his oversight of S&T to become a $9.4 billion financial holding company.
S&T Bank enjoyed dramatic growth during Brice's years of leadership. The company expanded its reach and service into five distinct new markets -- central Pennsylvania, southeastern Pennsylvania, central Ohio, northeastern Ohio and western New York – through its acquisitions of five banking companies, which enabled S&T to expand its banking presence in the U.S. mid-Atlantic region.
Brice brought his skills in managing multi-million-dollar budgets, his philosophy of ensuring customer satisfaction and his talents for building high-performance teams and controlling operating costs during his time at the helm of S&T.
The company tripled in assets from $3 billion to $9 billion dollars, more than doubled its loans from $2.7 billion to $7 billion dollars, and saw deposits shoot from $2.6 billion to $7 billion while Brice led S&T Bank.
Importantly, S&T Bank's respect within its industry and communities – ranking "highest in customer satisfaction in retail banking in the mid-Atlantic by JD Power & Associates; named "best in state" banks by Forbes magazine; listed among the "best places to work" by Pittsburgh Post-Gazette; honored as "employer of the year" by the Indiana County board of commissioners; and named "bank and thrift SM all-star" by Sandler O'Neil & Partners – speaks highly of the effectiveness of Brice's leadership of the holding company.
In service to Indiana County and the region, Brice shared his time and expertise to benefit of many charitable efforts within the S&T Bank service areas, including his appointments to serve on boards of directors for Seton Hill University, Greater Pittsburgh Chamber of Commerce, Pennsylvania Mountain Care Network, Indiana Regional Medical Center and the Pittsburgh branch of the Federal Reserve Bank of Cleveland.
In retirement, Brice remains involved with others in his family as the third generation of ownership of the regionally acclaimed Douds of Plumville fine furniture stores.
In recognition of his remarkable career in leading S&T Bank to a ranking among the top five banks in Pennsylvania, the Indiana County Chamber of Commerce welcomes Todd Brice on his induction to the Indiana County Business Hall of Fame.