leadership
confidence high
sentiment neutral
materiality 0.40
Orrstown extends CEO Thomas Quinn's retirement date to May 25, 2025
ORRSTOWN FINANCIAL SERVICES INC
- Board voted on Aug 7, 2023 to extend CEO retirement by one additional year.
- New retirement date set to May 25, 2025; original date was May 25, 2024.
- Extension accepted by Thomas R. Quinn, Jr. on August 8, 2023.
- Employment agreement dated June 3, 2015 permits annual extensions by board vote.