Management ChangeMay 6, 2026, 04:13 PM
Orrstown Financial Appoints Adam L. Metz as New President & CEO
AI Summary
Orrstown Financial Services announced the election of Adam L. Metz as President, Chief Executive Officer, and Director of the Company and Orrstown Bank, effective upon the retirement of Thomas R. Quinn, Jr. on June 1, 2026. Mr. Metz, who joined the company in 2016, previously served as Senior Executive Vice President and Chief Operating Officer. Additionally, at its annual meeting, shareholders elected four Class A directors, approved the Say-On-Pay proposal, and ratified Crowe LLP as the independent auditor for 2026.
Key Highlights
- Adam L. Metz appointed President, CEO, and Director of Orrstown Financial Services and Orrstown Bank, effective June 1, 2026.
- Thomas R. Quinn, Jr. will retire from his positions as President, CEO, and Director on June 1, 2026.
- Mr. Metz will serve as a Class B Director with a term expiring at the Company's 2028 Annual Meeting.
- Four Class A directors were elected for three-year terms expiring in 2029, with an average of 95.81% of votes cast for each nominee.
- Shareholders approved the non-binding advisory Say-On-Pay proposal with 94.91% of votes cast.
- Crowe LLP was ratified as the independent registered public accounting firm for 2026 with 99.50% of votes cast.