8-K

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 23, 2014

UNIVEST CORPORATION OF PENNSYLVANIA

(Exact name of registrant as specified in its charter)

Pennsylvania	0-7617	23-1886144
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

14 North Main Street, Souderton, Pennsylvania 18964

(Address of principal executive office) (Zip Code)

Registrant’s telephone number, including area code (215) 721-2400

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b))

¨ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers

On July 23, 2014, Univest Corporation of Pennsylvania (the “Corporation”), parent company of Univest Bank and Trust Co. (the “Bank”), issued a press release announcing the retirement of K. Leon Moyer from his role as President and Chief Executive Officer of Univest Bank and Trust Co. and Vice Chairman of Univest Corporation, effective January 1, 2015. Mr. Moyer will continue to serve on the Board of Directors for the Bank and will also be elected a Director of the Corporation effective January 1, 2015.

The Corporation also announced that Jeffrey M. Schweitzer, President and Chief Executive Officer of the Corporation, will also assume the role of President and Chief Executive Officer of the Bank, effective January 1, 2015. Mr. Schweitzer will continue to serve on the Board of Directors for the Corporation and will also be elected a Director of the Bank effective January 1, 2015.

A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

Exhibit No.	Description of Document
99.1	Press release issued by Univest Corporation of Pennsylvania on July 23, 2014.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Univest Corporation of Pennsylvania
	By:	/s/ Michael S. Keim
	Name:	Michael S. Keim
	Title:	Executive Vice President,
		Chief Financial Officer

July 24, 2014

EXHIBIT INDEX

Exhibit No.	Description of Document
99.1	Press release issued by Univest Corporation of Pennsylvania on July 23, 2014.

EX-99.1

Exhibit 99.1

CONTACT:	Kim Detwiler
	UNIVEST CORPORATION OF PENNSYLVANIA
	SVP, Director of Corporate Communications
	215-721-8396, detwilerk@univest.net

FOR IMMEDIATE RELEASE

UNIVEST CORPORATION – UNIVEST BANK AND TRUST CO. – ANNOUNCES

K. LEON MOYER’S RETIREMENT AND BANK MANAGEMENT SUCCESSION

SOUDERTON, Pa., July 23, 2014 – The board of directors of Univest Corporation of Pennsylvania (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investments and equipment financing subsidiaries, today announced the retirement of K. Leon Moyer, effective January 1, 2015. Moyer will retire as president and chief executive officer of Univest Bank and Trust Co. and vice chairman of Univest Corporation after 43 years of service. Moyer will continue to serve on the board of directors for Univest Bank and Trust Co. and be elected on January 1, 2015 as a director of Univest Corporation of Pennsylvania.

Jeffrey M. Schweitzer, who succeeded William S. Aichele as chief executive officer of the Corporation on January 1, 2014 will also assume the role of president and chief executive officer of Univest Bank and Trust Co. Schweitzer will be elected on January 1, 2015 as a director of Univest Bank and Trust Co. in addition to serving as director of Univest Corporation of Pennsylvania.

“The implementation of our management succession plan has gone very well during the past year and we anticipate the positive transition will continue as we congratulate Leon and carry out this next phase of our plan,” said William S. Aichele, chairman of Univest Corporation of Pennsylvania. “We have prepared our employees, customers, shareholders and communities for the next generation of leadership at Univest and we are confident in a bright future.”

Moyer joined Univest in 1971 and served in various roles before earning an opportunity in leadership. Moyer became president of the bank in January 2005 and assumed the additional role of chief executive officer of the Bank in 2008. In 2008, Moyer was also named vice chairman of Univest Corporation of Pennsylvania. In addition to providing valuable leadership to Univest, Moyer is well known for his passion for serving the community and ability to cultivate Univest’s culture of philanthropy. He gave his time and shared his expertise by serving on more than a dozen boards and committees for local

organizations to help advance their missions and better serve our community. He also is well respected across the industry, which earned him an opportunity to serve on the Board of Directors for the Pennsylvania Bankers Association and its grassroots advocacy organization the Pennsylvania Bankers Public Affairs Committee. Moyer is a lifetime member of The Risk Management Association.

Moyer continues a tradition of executive leaders at Univest who have dedicated their careers to the company and to the financial industry, including Aichele who retired after 42 years of service, Merrill Moyer who retired after 36 years of service and Marvin Anders who retired after 47 years of service.

About Univest Corporation of Pennsylvania

Univest Corporation of Pennsylvania (UVSP), including its wholly-owned subsidiary, Univest Bank and Trust Co., has $2.2 billion in assets and more than $3.0 billion in assets under management and supervision through its Wealth Management lines of business. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. Univest delivers these services through a network of more than 40 offices in southeastern Pennsylvania extending to the Lehigh Valley, Maryland and online at www.univest.net.

# # #

This press release of Univest Corporation of Pennsylvania and the reports Univest Corporation of Pennsylvania files with the Securities and Exchange Commission often contain “forward-looking statements” relating to present or future trends or factors affecting the financial industry and, specifically, the financial operations, markets and products of Univest Corporation of Pennsylvania. These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause Univest Corporation of Pennsylvania’s future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce net interest margins; (3) changes in prepayment speeds, loan sale volumes, charge-offs and loan loss provisions; (4) general economic conditions; (5) legislative or regulatory changes that may adversely affect the businesses in which Univest Corporation of Pennsylvania is engaged; (6) technological issues which may adversely affect Univest Corporation of Pennsylvania’s financial operations or customers; (7) changes in the securities markets or (8) risk factors mentioned in the reports and registration statements Univest Corporation of Pennsylvania files with the Securities and Exchange Commission. Univest Corporation of Pennsylvania undertakes no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this press release.