---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-009129"
form_type: "8-K"
ticker: "PFIS"
cik: "0001056943"
company_name: "PEOPLES FINANCIAL SERVICES CORP."
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:17:30.712086+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial Services appoints new CFO and COO effective March 31, 2025

## Summary
- James M. Bone, Jr., CPA named CFO; John R. Anderson, III named COO, effective March 31, 2025.
- Bone previously EVP/COO; Anderson previously EVP/CFO of PFIS and its bank subsidiary.
- Bone's employment agreement provides $290,000 base salary, two-year severance, and change-in-control benefits.
- No material plans or grants were altered in connection with the role changes.

## SEC filing metadata
- accession: 0001104659-25-009129
- form_type: 8-K
- ticker: PFIS
- cik: 0001056943
- company_name: PEOPLES FINANCIAL SERVICES CORP.
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056943/000110465925009129/0001104659-25-009129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056943/000110465925009129/tm255372d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-009129
- JSON: https://secwatch.observer/filing/0001104659-25-009129.json
- Plain text: https://secwatch.observer/filing/0001104659-25-009129.txt

## Key facts
- Executive change
  John R. Anderson, III was appointed as Chief Operating Officer at PEOPLES FINANCIAL SERVICES CORP..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: the appointment of James M. Bone, Jr., CPA as Chief Financial Officer of PFIS and PSBT, a role in which he will serve as the principal financial officer and principal accounting officer of PFIS, and the appointment of John R. Anderson, III as Chief Operating Officer of PFIS and PSBT, a role in which he will serve as the principal operating officer of PFIS, in each case effective as of March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056943/000110465925009129/0001104659-25-009129-index.htm
- Executive change
  Thomas P. Tulaney changed role as President at PEOPLES FINANCIAL SERVICES CORP..
  - Action: ceased to be principal operating officer
  - Role: President
  source text: Thomas P. Tulaney, the President of PFIS and PSBT, will cease to be the principal operating officer of PFIS.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056943/000110465925009129/0001104659-25-009129-index.htm
- Executive change
  James M. Bone, Jr. was appointed as Chief Financial Officer at PEOPLES FINANCIAL SERVICES CORP..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the appointment of James M. Bone, Jr., CPA as Chief Financial Officer of PFIS and PSBT, a role in which he will serve as the principal financial officer and principal accounting officer of PFIS, and the appointment of John R. Anderson, III as Chief Operating Officer of PFIS and PSBT, a role in which he will serve as the principal operating officer of PFIS, in each case effective as of March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056943/000110465925009129/0001104659-25-009129-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.