Farmers & Merchants appoints Eric Faust as CRO; promotes Benét Rupp to EVP

FARMERS & MERCHANTS BANCORP INC

Eric Faust, 36, appointed SVP & Chief Risk Officer; base salary $240k; signing bonus $12k cash + ~$10k restricted stock.
Benét Rupp, 56, promoted to Executive VP from Chief Administrative Officer; base salary $226.5k; awarded 1,500 shares.
Both eligible for annual bonuses, long-term incentive, $600/mo auto allowance, and change-in-control agreements.
No family relationships or reportable transactions with the company (each >$120k).

item 5.02

Executive movements

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

Appointed

Eric Faust

Senior Vice President and Chief Risk Officer

FMAO · FARMERS & MERCHANTS BANCORP INC

Effective: 2022-09-16
Filed: September 20, 2022, 7:59 PM ET

On September 16, 2022, Farmers & Merchants Bancorp, Inc. (the “Company”) announced the appointment of Eric Faust, age 36, to the position of Senior Vice President and Chief Risk Officer

Role change

Benét Rupp

Executive Vice President

FMAO · FARMERS & MERCHANTS BANCORP INC

Effective: 2022-09-16
Filed: September 20, 2022, 7:59 PM ET

On September 16, 2022, the Company also announced the promotion of Benét Rupp, age 56, the Company’s Chief Administrative Officer, to the position of Executive Vice President.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric Faust was appointed as Senior Vice President and Chief Risk Officer at FARMERS & MERCHANTS BANCORP INC.

Action: appointed
Role: Senior Vice President and Chief Risk Officer

Exact text from the filing

On September 16, 2022, Farmers & Merchants Bancorp, Inc. (the “Company”) announced the appointment of Eric Faust, age 36, to the position of Senior Vice President and Chief Risk Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Benét Rupp changed role as Executive Vice President at FARMERS & MERCHANTS BANCORP INC.

Action: promoted
Role: Executive Vice President

Exact text from the filing

On September 16, 2022, the Company also announced the promotion of Benét Rupp, age 56, the Company’s Chief Administrative Officer, to the position of Executive Vice President.

View on SEC.gov

FARMERS & MERCHANTS BANCORP INC filing history →

Source: SEC EDGAR

accession 0001193125-22-247516

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