ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
As previously announced, David W. Cathell, Executive Vice President/Treasurer &
Chief Financial Officer (principal financial officer) of ACNB Corporation (the
"Corporation"), notified the Corporation of his intention to retire from all of
his positions with the Corporation and its subsidiaries effective the close of
business on May 31, 2022.
On January 7, 2022, the Corporation announced that Jason H. Weber has been
selected as the successor to Mr. Cathell and will join the Corporation and its
wholly-owned subsidiary, ACNB Bank (the "Bank"), as Executive Vice
President/Finance effective January 31, 2022, for the period until Mr. Cathell's
retirement. Following Mr. Cathell's retirement on May 31, 2022, Mr. Weber will
be appointed as Chief Financial Officer (principal financial officer) of the
Corporation and the Bank. Mr. Weber, age 47, has served as Executive Vice
President and Chief Financial Officer for Atlantic Community Bankers Bank in
Camp Hill, Pennsylvania, since June 2020. Prior to that, he served as director
of corporate development and financial planning and analysis at Fulton Financial
Corporation in Lancaster, Pennsylvania. Mr. Weber does not have any
relationships requiring disclosure under Item 401(d) of Regulation S-K or any
interests requiring disclosure under Item 404(a) of Regulation S-K.
In connection with his hiring, Mr. Weber is expected to enter an employment
agreement with the Corporation and the Bank.
A copy of the press release announcing the selection of Mr. Weber is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number Description
99.1 ACNB Corporation Press Release dated January 7, 2022.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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