---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-306015"
form_type: "8-K/A"
ticker: "AUBN"
cik: "0000750574"
company_name: "AUBURN NATIONAL BANCORPORATION, INC"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:26:20.565948+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Auburn National discloses CEO and CFO salaries for leadership succession

## Summary
- Robert W. Dumas retires as President/CEO effective Dec 31, 2022; remains Chairman.
- David A. Hedges elected President/CEO effective Jan 1, 2023; salary set at $300,000.
- W. James Walker IV elected Senior VP and CFO effective Jan 1, 2023; salary set at $235,000.
- Dumas' annual salary as Chairman set at $135,000 starting Jan 1, 2023.

## SEC filing metadata
- accession: 0001193125-22-306015
- form_type: 8-K/A
- ticker: AUBN
- cik: 0000750574
- company_name: AUBURN NATIONAL BANCORPORATION, INC
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750574/000119312522306015/0001193125-22-306015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750574/000119312522306015/d393778d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-306015
- JSON: https://secwatch.observer/filing/0001193125-22-306015.json
- Plain text: https://secwatch.observer/filing/0001193125-22-306015.txt

## Key facts
- Executive change
  W. James Walker IV changed role as Senior Vice President and Chief Financial Officer at AUBURN NATIONAL BANCORPORATION, INC.
  - Action: elected Senior Vice President and Chief Financial Officer
  - Role: Senior Vice President and Chief Financial Officer
  source text: W. James Walker IV, the Company’s and the Bank’s Senior Vice President and Chief Accounting Officer, was elected Senior Vice President and Chief Financial Officer ("CFO") of the Company and the Bank to succeed Mr. Hedges as CFO and principal financial officer effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312522306015/0001193125-22-306015-index.htm
- Executive change
  David A. Hedges was appointed as Director at AUBURN NATIONAL BANCORPORATION, INC.
  - Action: elected a director
  - Role: Director
  source text: Mr. Hedges also was elected a director of the Company and the Bank, effective on November 8, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312522306015/0001193125-22-306015-index.htm
- Executive change
  David A. Hedges changed role as President and Chief Executive Officer at AUBURN NATIONAL BANCORPORATION, INC.
  - Action: elected President and Chief Executive Officer
  - Role: President and Chief Executive Officer
  source text: Mr. David A Hedges, the Company’s and the Bank’s Executive Vice President and Chief Financial Officer was elected President and Chief Executive Officer of the Company and the Bank to succeed Mr. Dumas effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312522306015/0001193125-22-306015-index.htm
- Executive change
  Robert W. Dumas retired as Chairman at AUBURN NATIONAL BANCORPORATION, INC.
  - Action: retired
  - Role: Chairman
  source text: Robert W. Dumas had determined to retire on December 31, 2022 as President and Chief Executive Officer of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750574/000119312522306015/0001193125-22-306015-index.htm

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