secwatch.observer — SEC 8-K summary
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Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2022-10-24T23:59:59+00:00
Accession:  0001002105-22-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F&M Bank Corp appoints Lisa F. Campbell as EVP & CFO effective Oct 18, 2022
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- Lisa F. Campbell named Executive VP and CFO of F&M Bank Corp and its bank subsidiary, effective October 18, 2022.
- Employment agreement provides $250,000 base salary, annual cash bonus opportunity of 25%-35% of salary, and equity incentive up to 15%.
- Receives $35,000 relocation and signing bonus; term runs through Dec 31, 2024 with automatic one-year renewals.
- Severance includes base salary for 12+ months and welfare benefits; change-of-control severance equals 2.99x salary plus bonus.
- Campbell previously served as CFO of Fidelity Bancshares (NC) and Select Bancorp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000100210522000030/0001002105-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000100210522000030/fmbform8k10202022.htm
  HTML page:      https://secwatch.observer/filing/0001002105-22-000030

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