---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-161874"
form_type: "8-K"
ticker: "CCNE"
cik: "0000736772"
company_name: "CNB FINANCIAL CORP/PA"
filed_at: "2025-07-21T23:59:59+00:00"
generated_at: "2026-05-18T05:24:26.626189+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CNB appoints three ESSA directors to board effective upon merger close

## Summary
- Gary S. Olson, Robert C. Selig Jr., Daniel J. Henning appointed to CNB Board, effective at merger close.
- Olson to serve 3-year term, Henning 2-year, Selig 1-year at 2026 annual meeting.
- Bylaws amended to allow waiving mandatory retirement age for director appointments in business combinations.
- Olson expected to receive health benefits continuation and a consulting agreement post-merger.

## SEC filing metadata
- accession: 0001193125-25-161874
- form_type: 8-K
- ticker: CCNE
- cik: 0000736772
- company_name: CNB FINANCIAL CORP/PA
- filed_at: 2025-07-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736772/000119312525161874/0001193125-25-161874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736772/000119312525161874/d49006d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-161874
- JSON: https://secwatch.observer/filing/0001193125-25-161874.json
- Plain text: https://secwatch.observer/filing/0001193125-25-161874.txt

## Key facts
- Governance Changes
  CNB FINANCIAL CORP/PA: Amended bylaws to allow the Board to grant waivers to the mandatory director retirement age for director appointments in connection with business combinations (effective 2025-07-15).
  - Change: bylaw amendment
  - Effective: 2025-07-15
  source text: On July 15, 2025, the Board amended the CNB’s Third Amended and Restated Bylaws to provide the Board with the ability to grant waivers to the mandatory director retirement age solely for director appointments in connection with business combinations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736772/000119312525161874/0001193125-25-161874-index.htm

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