leadership
confidence high
sentiment neutral
materiality 0.55
Fidelity D&D Bancorp terminates EVP/Chief Credit Officer Michael Pacyna; separation includes $240K+ severance
FIDELITY D & D BANCORP INC
- Michael Pacyna Jr. terminated as EVP and Chief Credit Officer effective Dec. 12, 2025.
- Severance pay for 28 weeks plus 2025 executive bonus of $239,975.02 payable Jan. 2026.
- Conditional supplementary severance of up to 12 weeks at 80% salary ($46,587.64 max).
- Bank pays employer health premiums through June 30, 2026; non-compete reduced from 2 years to 15 months.
- Departments previously managed by CCO reassigned to Chief Risk Officer.