Orrstown Bank Welcomes Chris Orr as Chief Information Officer and Ben Colvard as Chief Operations Officer
Orrstown Bank (NASDAQ:ORRF) has announced two key executive appointments to strengthen its leadership team. Chris Orr joins as Chief Information Officer, bringing nearly 20 years of experience in consulting, software delivery, and banking. At his previous role as Chief Digital Officer at Sandy Spring Bank, he led digital transformation initiatives and helped grow assets from $4.6 billion to $14 billion through multiple acquisitions.
Ben Colvard has been appointed as Chief Operations Officer, with over 20 years of operational excellence experience. Previously serving as Chief Optimization Officer at Sandy Spring Bank, he contributed to the bank's growth from $3.5 billion to $14 billion in assets. Both executives will focus on enhancing client experiences and driving technological innovation at Orrstown Bank.
Orrstown Bank (NASDAQ:ORRF) ha annunciato due importanti nomine esecutive per rafforzare il suo team di leadership. Chris Orr entra in veste di Chief Information Officer, portando con sé quasi 20 anni di esperienza in consulenza, consegna software e settore bancario. Nel suo precedente ruolo di Chief Digital Officer presso Sandy Spring Bank, ha guidato iniziative di trasformazione digitale e ha contribuito alla crescita delle attività da 4,6 miliardi a 14 miliardi di dollari attraverso molteplici acquisizioni.
Ben Colvard è stato nominato Chief Operations Officer, con oltre 20 anni di esperienza nell'eccellenza operativa. Precedentemente, come Chief Optimization Officer presso Sandy Spring Bank, ha contribuito alla crescita della banca da 3,5 miliardi a 14 miliardi di dollari in attività. Entrambi gli esecutivi si concentreranno sul miglioramento dell'esperienza del cliente e sulla promozione dell'innovazione tecnologica presso Orrstown Bank.
Orrstown Bank (NASDAQ:ORRF) ha anunciado dos nombramientos ejecutivos clave para fortalecer su equipo de liderazgo. Chris Orr se une como Chief Information Officer, aportando casi 20 años de experiencia en consultoría, entrega de software y banca. En su rol anterior como Chief Digital Officer en Sandy Spring Bank, lideró iniciativas de transformación digital y ayudó a aumentar los activos de 4.6 mil millones a 14 mil millones de dólares a través de múltiples adquisiciones.
Ben Colvard ha sido nombrado Chief Operations Officer, con más de 20 años de experiencia en excelencia operativa. Anteriormente, como Chief Optimization Officer en Sandy Spring Bank, contribuyó al crecimiento del banco de 3.5 mil millones a 14 mil millones de dólares en activos. Ambos ejecutivos se centrarán en mejorar la experiencia del cliente y fomentar la innovación tecnológica en Orrstown Bank.
Orrstown Bank (NASDAQ:ORRF)는 리더십 팀을 강화하기 위해 두 명의 주요 임원 선임을 발표했습니다. Chris Orr는 최고 정보 책임자(Chief Information Officer)로 합류하며, 컨설팅, 소프트웨어 제공 및 은행업에서 거의 20년의 경험을 가지고 있습니다. 이전에 Sandy Spring Bank에서 최고 디지털 책임자(Chief Digital Officer)로 재직하면서 그는 디지털 혁신 이니셔티브를 이끌었고, 여러 인수를 통해 자산을 46억 달러에서 140억 달러로 성장시키는 데 기여했습니다.
Ben Colvard는 최고 운영 책임자(Chief Operations Officer)로 임명되었으며, 20년 이상의 운영 우수성 경험을 보유하고 있습니다. 이전에 Sandy Spring Bank에서 최고 최적화 책임자(Chief Optimization Officer)로 근무하면서 그는 은행의 자산을 35억 달러에서 140억 달러로 늘리는 데 기여했습니다. 두 임원은 Orrstown Bank에서 고객 경험을 향상하고 기술 혁신을 추진하는 데 집중할 것입니다.
Orrstown Bank (NASDAQ:ORRF) a annoncé deux nominations exécutives clés pour renforcer son équipe de direction. Chris Orr rejoint en tant que directeur des systèmes d'information (Chief Information Officer), apportant près de 20 ans d'expérience en conseil, livraison de logiciels et banque. Dans son précédent poste en tant que directeur numérique (Chief Digital Officer) chez Sandy Spring Bank, il a dirigé des initiatives de transformation numérique et a contribué à faire passer les actifs de 4,6 milliards à 14 milliards de dollars grâce à plusieurs acquisitions.
Ben Colvard a été nommé directeur des opérations (Chief Operations Officer), avec plus de 20 ans d'expérience en excellence opérationnelle. Auparavant, en tant que directeur de l'optimisation (Chief Optimization Officer) chez Sandy Spring Bank, il a contribué à la croissance de la banque, faisant passer les actifs de 3,5 milliards à 14 milliards de dollars. Les deux dirigeants se concentreront sur l'amélioration de l'expérience client et la promotion de l'innovation technologique chez Orrstown Bank.
Orrstown Bank (NASDAQ:ORRF) hat zwei wichtige Vorstandsbestellungen bekannt gegeben, um sein Führungsteam zu stärken. Chris Orr tritt als Chief Information Officer ein und bringt fast 20 Jahre Erfahrung in Beratung, Softwarelieferung und Banking mit. In seiner vorherigen Rolle als Chief Digital Officer bei Sandy Spring Bank leitete er digitale Transformationsinitiativen und half, die Vermögenswerte von 4,6 Milliarden auf 14 Milliarden Dollar durch mehrere Übernahmen zu steigern.
Ben Colvard wurde zum Chief Operations Officer ernannt und bringt über 20 Jahre Erfahrung in operativer Excellence mit. Zuvor war er als Chief Optimization Officer bei Sandy Spring Bank tätig und trug zum Wachstum der Bank von 3,5 Milliarden auf 14 Milliarden Dollar Vermögenswerte bei. Beide Führungskräfte werden sich darauf konzentrieren, die Kundenerfahrungen zu verbessern und technologische Innovationen bei Orrstown Bank voranzutreiben.
- Both executives have proven track records in managing substantial bank growth through acquisitions
- New CIO brings extensive experience in digital transformation and platform modernization
- Both leaders previously contributed to significant asset growth at Sandy Spring Bank ($4.6B to $14B)
- None.
HARRISBURG, Pa., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Orrstown Bank, a wholly owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ:ORRF), is pleased to announce the addition of two accomplished leaders to its executive team. Chris Orr has been appointed as Chief Information Officer, and Ben Colvard joins as Chief Operations Officer. Both bring extensive experience and proven track records of driving innovation and operational excellence within the banking industry.
Chris Orr – Chief Information Officer
Chris Orr will lead Orrstown Bank’s technology strategy, leveraging nearly 20 years of experience in consulting, software delivery, and banking. Chris previously served as Chief Digital Officer at Sandy Spring Bank, where he implemented a transformative digital strategy, oversaw platform modernization, and integrated software development into the organization. His leadership helped Sandy Spring Bank grow from
Chris holds a bachelor’s degree in Information Systems and Business Management from the University of Maryland College Park, an MBA in Finance from Loyola College in Maryland, and a Leadership Certificate from The Wharton School. He is also a graduate of the ABA Stonier Graduate School of Banking.
Ben Colvard – Chief Operations Officer
Ben Colvard will oversee the bank’s operational strategy and ensure alignment of people, processes, and technology to deliver exceptional client experiences. With over 20 years of experience in operational excellence, Ben previously served as Chief Optimization Officer at Sandy Spring Bank, where he played a critical role in the organization’s expansion from
Ben earned a bachelor’s degree in History with a minor in Economics from Gettysburg College and graduated with honors from the MBA Maryland School of Banking.
Leadership Remarks
“We are thrilled to welcome Chris and Ben to the Orrstown Bank family,” said Thomas R. Quinn, Jr., President and Chief Executive Officer of Orrstown Bank. “Chris’s visionary leadership in technology and Ben’s experience in operational strategy are the perfect combination to help us deliver on our mission of providing innovative, client-focused banking solutions. Their combined experience will play a vital role in shaping our future success.”
About Orrstown
Orrstown Financial Services, Inc. and its wholly owned subsidiary, Orrstown Bank, provide a wide range of consumer and business financial services in Adams, Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties, Pennsylvania and Anne Arundel, Baltimore, Howard, and Washington Counties, Maryland, as well as Baltimore City, Maryland. The Company's lending area also includes adjacent counties in Pennsylvania and Maryland, as well as Loudon County, Virginia and Berkeley, Jefferson and Morgan Counties, West Virginia. Orrstown Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the FDIC. Orrstown Financial Services, Inc.'s common stock is traded on the NASDAQ Global Select Market under the symbol "ORRF."
Forward-Looking Statements
This news release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include projections, predictions, expectations, or beliefs about events or results or otherwise are not statements of historical facts.
For media inquiries or further information, please contact:
John Moss
SVP, Director of Marketing and Client Experience, Orrstown Bank
717-747-1520
jmoss@orrstown.com
Photos accompanying this announcement are available at:
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FAQ
What experience does Chris Orr bring to Orrstown Bank (ORRF) as new CIO?
What is Ben Colvard's background as Orrstown Bank's (ORRF) new COO?
How did the new ORRF executives perform at their previous bank?