Executive Chairman Wesley M. Weymers retires; receives $1.241M separation package

LINKBANCORP, Inc.

Wesley M. Weymers retired as Executive Chairman of LINKBANK and from the Board effective Feb 21, 2023.
Received two lump sum payments of $620,500 each, plus continued health benefits through March 6, 2024.
Agreed to 12-month consulting availability, 3-year non-compete and non-solicitation covenants.
No disagreements cited; retirement voluntary.

item 5.02 item 9.01

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Departed

Wesley M. Weymers

Executive Chairman

LNKB · LINKBANCORP, Inc.

Effective: 2023-02-21
Filed: February 22, 2023, 6:59 PM ET

Effective February 21, 2023, Wesley M. Weymers retired from the Board of Directors of LINKBANCORP, Inc. (the “Company”) and from his position as Executive Chairman of LINKBANK, the wholly subsidiary of the Company (the “Bank”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Wesley M. Weymers retired as Executive Chairman at LINKBANCORP, Inc..

Action: retired
Role: Executive Chairman

Exact text from the filing

Effective February 21, 2023, Wesley M. Weymers retired from the Board of Directors of LINKBANCORP, Inc. (the “Company”) and from his position as Executive Chairman of LINKBANK, the wholly subsidiary of the Company (the “Bank”).

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LINKBANCORP, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-044854

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