CEO thanks staff for prayers in cancer fight

In an Aug. 17 letter to staff of DNB First NA (Downingtown National Bank) and DNB Financial Corp., also filed with the Securities and Exchange Commission, veteran Chester County banker Bill Latoff writes: 

I want to share with you the news that I was recently diagnosed with non-Hodgkin's lymphoma, a form of cancer that is highly treatable and curable.

My physicians have told me that during the course of my treatments, which I've recently begun, I can expect to maintain a regular presence in the office and continue to actively lead the management of our bank.

When treatment does require my absence, I have complete confidence in the ability of our strong and experienced executive leadership team to direct our day-to-day operations. I also have confidence in each of you to carry on, doing your very best on behalf of our customers and shareholders.

Our Board of Directors is fully supportive of our team's approach during the period of my treatment and, as appropriate, I will keep you informed of my progress.

Thank you all very much for your kind thoughts and prayers, which are of more comfort to me than you realize.

Sincerely,

William S. Latoff
Chairman & CEO

Latoff, 66, has been CEO since 2004. An accountant by training, later a developer, he joined the DNB board in 1998. He is chairman of Brandywine Auto Group (Land Rover and Jaguar of West Chester), the Nominating Committee of the Federal Reserve Bank of Philadelphia and the Chester County Library Trust, among others.