Mid Penn Bancorp appoints Jordan D. Space as Chief Operating Officer

MID PENN BANCORP INC

Jordan D. Space, previously EVP and Chief Corporate Development Officer, named COO effective Jan 12, 2024.
Mr. Space joined Mid Penn Bank in 2022 and has a two-year employment agreement with annual base salary of $310,241.88.
On involuntary termination without cause, he receives continued salary for greater of remaining term or six months plus benefits.
Change-in-control agreement has double-trigger: two times highest base salary plus benefits upon qualifying termination.
SERP provides $80,000 annual retirement benefit vesting over ten years; includes non-compete and non-solicitation covenants.

item 5.02

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Role change

Jordan D. Space

Chief Operating Officer

MPB · MID PENN BANCORP INC

Effective: 2024-01-12
Filed: January 12, 2024, 6:59 PM ET

On January 12, 2024, Mid Penn Bancorp, Inc. (the “Company”) announced the appointment of Jordan D. Space, the Company’s Executive Vice President and Chief Corporate Development Officer, to the position of Chief Operating Officer.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Jordan D. Space was appointed as Chief Operating Officer at MID PENN BANCORP INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On January 12, 2024, Mid Penn Bancorp, Inc. (the “Company”) announced the appointment of Jordan D. Space, the Company’s Executive Vice President and Chief Corporate Development Officer, to the position of Chief Operating Officer.

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Source: SEC EDGAR

accession 0001193125-24-007130

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