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Farmers National Banc Corp. Announces Board Addition
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Farmers National Banc Corp. (NASDAQ: FMNB) announces the appointment of André Thornton to its Board of Directors, effective January 1, 2023. Thornton, a Class II director with a term expiring in 2024, brings over 30 years of business experience, including success in the restaurant industry and as President and CEO of ASW Global, LLC. He will also serve on the Corporate Governance and Nominating Committee and the Board Enterprise Risk Management Committee. Farmers National Banc Corp. operates with $4.1 billion in banking assets and offers diversified financial services.
Positive
Appointment of André Thornton adds experienced leadership to the Board.
Thornton has extensive business and entrepreneurial background.
His involvement in the Corporate Governance and Nominating Committee may strengthen governance.
Negative
None.
CANFIELD, Ohio--(BUSINESS WIRE)--
Farmers National Banc Corp. (NASDAQ: FMNB) (“Farmers”) welcomes a new member to its Board of Directors, Mr. André Thornton, who will bring a wealth of business experience to Farmers. Mr. Thornton was appointed by the Board of Directors effective January 1, 2023 as a Class II director with a term expiring in 2024.
André Thornton (Photo: Business Wire)
Mr. Thornton will also serve on the Corporate Governance and Nominating Committee and the Board Enterprise Risk Management Committee of the Board.
Mr. Thornton currently serves as President and CEO of ASW Global, LLC. As CEO, he sets the direction of the company and directs operational aspects so that they follow the strategic plans and policies of the organization. Mr. Thornton has more than 30 years of experience in entrepreneurial ventures, including helping to guide a highly successful restaurant management group that was sold to Applebee’s International.
Mr. Thornton played professional baseball for 21 years, including 11seasons with the Cleveland Indians, and was an honored recipient of the Roberto Clemente Award in 1979, which goes to the player who best exemplifies the game of baseball, sportsmanship, community involvement, and team contribution.
Kevin J. Helmick, Farmers National Bank President & CEO stated, “With an extensive background in business and entrepreneurship, we welcome André to Farmers and believe his experience will continue to solidify our Board of Directors.”
Mr. Thornton also is an active member of his community, serving on or have served on a variety of boards of directors including the Greater Cleveland Partnership and the Greater Akron Chamber.
ABOUT FARMERS NATIONAL BANC CORP.
Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $4.1 billion in banking assets. Farmers National Banc Corp.’s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 46 banking locations in Mahoning, Trumbull, Columbiana, Stark, Summit, Portage, Wayne, Medina, Geauga and Cuyahoga counties in Ohio and Beaver County in Pennsylvania; Farmers Trust Company, which operates five trust offices and offers services in the same geographic markets and Farmers National Insurance, LLC. Total wealth management assets under care at September 30, 2022 were $2.9 billion.
Who is André Thornton and what is his role at Farmers National Banc Corp.?
André Thornton is the newly appointed Class II director of Farmers National Banc Corp., effective January 1, 2023, and he will serve on the Corporate Governance and Nominating Committee, and the Board Enterprise Risk Management Committee.
What experience does André Thornton bring to Farmers National Banc Corp.?
André Thornton has over 30 years of business experience, including serving as President and CEO of ASW Global, LLC, and a successful entrepreneurial background.
What are the financial assets of Farmers National Banc Corp.?
Farmers National Banc Corp. operates with $4.1 billion in banking assets.
When was André Thornton appointed to the Board of Directors?
André Thornton was appointed to the Board of Directors effective January 1, 2023.
What committees will André Thornton serve on?
André Thornton will serve on the Corporate Governance and Nominating Committee and the Board Enterprise Risk Management Committee.
