secwatch.observer — SEC 8-K summary
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Issuer:     CNB FINANCIAL CORP/PA (CCNE)
CIK:        0000736772
Form:       8-K
Filed at:   2022-04-04T23:59:59+00:00
Accession:  0001193125-22-095163
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Joseph E. Dell Jr. appointed SVP Corporate Commercial Development at CNB Bank with $200k base salary
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- Base salary of $200,000 per year, retroactive to January 1, 2022.
- Cash incentive of $35,000 if personal loan closings exceed $25 million in 2022.
- Eligible for additional bonus up to 17.5% based on support employee performance measures.
- Prior employment contract terminated Dec 31, 2021; non-compete covenant remains in effect.
- Reports to CEO; duties include business development, large credit assistance, and board roles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736772/000119312522095163/0001193125-22-095163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736772/000119312522095163/d347682d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-095163

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