Mid Penn Bancorp CFO Allison Johnson departs; salary continued through April 2024

MID PENN BANCORP INC

CFO Allison Johnson and company mutually agreed to separation effective Dec 29, 2023.
Johnson receives base salary through Apr 28, 2024, plus $12,000/yr for 15 years under SERP.
She retains ~$70,197 of unvested retention bonus awarded in 2022.
Departure not related to any disagreement on financial performance; successor to be named later.

item 5.02

Executive movements

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Departed

Allison S. Johnson

Senior Executive Vice President and Chief Financial Officer

MPB · MID PENN BANCORP INC

Effective: 2023-12-29
Filed: January 5, 2024, 6:59 PM ET

On January 5, 2024, Mid Penn Bancorp, Inc. (the “Company”) announced that the Company and Allison S. Johnson, the Company’s Senior Executive Vice President and Chief Financial Officer, mutually agreed that Ms. Johnson would leave the Company to pursue other opportunities, effective December 29, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Allison S. Johnson departed as Senior Executive Vice President and Chief Financial Officer at MID PENN BANCORP INC.

Action: mutually agreed to depart
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

On January 5, 2024, Mid Penn Bancorp, Inc. (the “Company”) announced that the Company and Allison S. Johnson, the Company’s Senior Executive Vice President and Chief Financial Officer, mutually agreed that Ms. Johnson would leave the Company to pursue other opportunities, effective December 29, 2023.

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MID PENN BANCORP INC filing history →

Source: SEC EDGAR

accession 0001193125-24-003454

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