---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028804"
form_type: "8-K"
ticker: "CBKM"
cik: "0001006830"
company_name: "CONSUMERS BANCORP INC /OH/"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:08:42.142045+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Consumers Bancorp chairperson to retire Jan 1, 2024; board appoints new chair and vice chair

## Summary
- Laurie L. McClellan to retire as Chairperson effective Jan 1, 2024; will remain on board.
- Board appointed Frank L. Paden as Chairman and Richard T. Kiko, Jr. as Vice Chairman effective same date.
- At annual meeting, all four director nominees elected with >1.67M votes each; auditor Plante & Moran ratified with 2.33M votes.

## SEC filing metadata
- accession: 0001437749-23-028804
- form_type: 8-K
- ticker: CBKM
- cik: 0001006830
- company_name: CONSUMERS BANCORP INC /OH/
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/0001437749-23-028804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/cbkm20231023_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028804
- JSON: https://secwatch.observer/filing/0001437749-23-028804.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028804.txt

## Key facts
- Executive change
  Frank L. Paden was appointed as Chairman at CONSUMERS BANCORP INC /OH/.
  - Action: appointed
  - Role: Chairman
  source text: On October 18, 2023, the Board of Directors of Company approved the appointment of Frank L. Paden as Chairman and Richard T. Kiko, Jr. as Vice Chairman of the Board of Directors of the Company and Consumers National Bank effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/0001437749-23-028804-index.htm
- Executive change
  Laurie L. McClellan retired as Chairperson at CONSUMERS BANCORP INC /OH/.
  - Action: retired
  - Role: Chairperson
  source text: On October 18, 2023, Laurie L. McClellan announced she has decided to retire as the Chairperson of the Board of Directors of Consumers Bancorp, Inc. (the “Company”) and Consumers National Bank effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/0001437749-23-028804-index.htm
- Executive change
  Richard T. Kiko, Jr. was appointed as Vice Chairman at CONSUMERS BANCORP INC /OH/.
  - Action: appointed
  - Role: Vice Chairman
  source text: On October 18, 2023, the Board of Directors of Company approved the appointment of Frank L. Paden as Chairman and Richard T. Kiko, Jr. as Vice Chairman of the Board of Directors of the Company and Consumers National Bank effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/0001437749-23-028804-index.htm
- Shareholder Votes
  CONSUMERS BANCORP INC /OH/ shareholders approved Proposal to ratify the appointment of Plante & Moran, PLLC as the independent registered public accounting firm of the Company for the fiscal year ending June 30, 2024 at the 2023-10-19 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-10-19
  source text: Proposal to ratify the appointment of Plante & Moran, PLLC as the independent registered public accounting firm of the Company for the fiscal year ending June 30, 2024: For Against Abstentions Non-Votes 2,331,366.7 5,006.4 8,631.4 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/0001437749-23-028804-index.htm
- Shareholder Votes
  CONSUMERS BANCORP INC /OH/ shareholders approved Election of four directors, three to serve a three-year term expiring in 2026 and one to serve a one-year term expiring in 2024 at the 2023-10-19 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-10-19
  source text: Election of four directors, three to serve a three-year term expiring in 2026 and one to serve a one-year term expiring in 2024: For Withheld Abstentions Non-Votes Bradley Goris 1,674,648.8 30,306.7 — 640,049.0 Shawna L’Italien 1,679,997.3 24,958.2 — 640,049.0 Laurie L. McClellan 1,685,767.5 19,188.0 — 640,049.0 Harry W. Schmuck, Jr. 1,656,469.1 48,486.4 — 640,049.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006830/000143774923028804/0001437749-23-028804-index.htm

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