---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-329120"
form_type: "8-K"
ticker: "NWFL"
cik: "0001013272"
company_name: "NORWOOD FINANCIAL CORP"
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:05:05.583359+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-329120
- form_type: 8-K
- ticker: NWFL
- cik: 0001013272
- company_name: NORWOOD FINANCIAL CORP
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013272/000119312521329120/0001193125-21-329120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013272/000119312521329120/d250509d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-329120
- JSON: https://secwatch.observer/filing/0001193125-21-329120.json
- Plain text: https://secwatch.observer/filing/0001193125-21-329120.txt

## Key facts
- Executive change
  Lewis J. Critelli departed as President and Chief Executive Officer at NORWOOD FINANCIAL CORP.
  - Action: intends to retire
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013272/000119312521329120/0001193125-21-329120-index.htm

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