Norwood Financial CEO Lewis Critelli to retire in H1 2022; search process underway

NORWOOD FINANCIAL CORP

President and CEO since 2010; retirement by June 30, 2022 subject to successor search.
Kaplan Partners engaged to assist board with internal and external candidate search.
Critelli oversaw three acquisitions and asset growth from $529M to over $2B as of Sept 30, 2021.
Critelli will remain a director through his current term ending 2024.
Retirement is for personal reasons; no disagreement with company or bank.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Lewis J. Critelli

President and Chief Executive Officer

NWFL · NORWOOD FINANCIAL CORP

Filed: November 15, 2021, 6:59 PM ET

Lewis J. Critelli, President and Chief Executive Officer of the Company, and its wholly owned subsidiary, Wayne Bank (“Bank”), has notified the boards of directors of the Company and the Bank that he intends to retire as the President and Chief Executive Officer during the first half of 2022, subject to the successful completion of a search process for a successor.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lewis J. Critelli departed as President and Chief Executive Officer at NORWOOD FINANCIAL CORP.

Action: intends to retire
Role: President and Chief Executive Officer

Exact text from the filing

Lewis J. Critelli, President and Chief Executive Officer of the Company, and its wholly owned subsidiary, Wayne Bank (“Bank”), has notified the boards of directors of the Company and the Bank that he intends to retire as the President and Chief Executive Officer during the first half of 2022, subject to the successful completion of a search process for a successor.

View on SEC.gov

NORWOOD FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-21-329120

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.