Mr. Derrico began his Bethlehem career in 1978 as an associate auditor in the accounting department at the corporate headquarters. In 1982, he moved to Bethlehem's Burns Harbor, Ind., Division where he was responsible for all audits involving Burns Harbor, Bethlehem's diversified businesses and its West Coast operations.

He returned to the corporate headquarters in 1984 as manager, accounting personnel, and then progressed through several accounting and finance positions. In 1987, Mr. Derrico was promoted to manager, investor relations, and in 1997 assumed additional responsibility for the credit division. Effective June 1, 1998, he was elected assistant treasurer responsible for financial planning, investor relations and credit and in October 1999, Mr. Derrico was appointed general manager. In December 2001, he was elected treasurer of the corporation.

Mr. Derrico is a member of the Financial Executives International Pennsylvania Chapter. He is a 1989 graduate of Leadership Lehigh Valley and currently serves as a member of the board of directors of the Boys and Girls Club of Bethlehem. A resident of Bethlehem, Mr. Derrico and his wife, Kathy, are the parents of three children.