---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-247516"
form_type: "8-K"
ticker: "FMAO"
cik: "0000792966"
company_name: "FARMERS & MERCHANTS BANCORP INC"
filed_at: "2022-09-20T23:59:59+00:00"
generated_at: "2026-06-23T08:39:24.609825+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001193125-22-247516
- form_type: 8-K
- ticker: FMAO
- cik: 0000792966
- company_name: FARMERS & MERCHANTS BANCORP INC
- filed_at: 2022-09-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792966/000119312522247516/0001193125-22-247516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792966/000119312522247516/d367777d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-247516
- JSON: https://secwatch.observer/filing/0001193125-22-247516.json
- Plain text: https://secwatch.observer/filing/0001193125-22-247516.txt

## Key facts
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/792966/000119312522247516/0001193125-22-247516-index.htm
- Executive change
  Benét Rupp changed role as Executive Vice President at FARMERS & MERCHANTS BANCORP INC.
  - Action: promoted
  - Role: Executive Vice President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/792966/000119312522247516/0001193125-22-247516-index.htm

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