secwatch.observer — SEC 8-K summary
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Issuer:     NORWOOD FINANCIAL CORP (NWFL)
CIK:        0001013272
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001193125-21-329120
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013272/000119312521329120/0001193125-21-329120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013272/000119312521329120/d250509d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-329120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer