Orrstown Financial Services, Inc. Announces Promotion of Adam Metz to Senior Executive Vice President and Chief Operating Officer
Orrstown Financial Services (NASDAQ: ORRF) has announced the promotion of Adam L. Metz to Senior Executive Vice President and Chief Operating Officer of both the Company and Orrstown Bank, effective immediately. This promotion is part of a planned succession strategy, as Metz is intended to succeed Thomas R. Quinn, Jr. as President and CEO upon Quinn's retirement on May 25, 2026.
Metz has been serving as Executive Vice President and Chief Revenue Officer since February 2019, following his role as Executive Vice President and Chief Lending Officer from September 2016 to February 2019. Prior to joining Orrstown, he served as Senior Vice President, Chief Lending Officer at Metro Bank in Harrisburg, Pennsylvania from 2011 to 2016.
Orrstown Financial Services (NASDAQ: ORRF) ha annunciato la promozione di Adam L. Metz a Vice Presidente Esecutivo Senior e Direttore Operativo sia della Società che di Orrstown Bank, con effetto immediato. Questa promozione fa parte di una strategia di successione pianificata, poiché Metz è destinato a succedere a Thomas R. Quinn, Jr. come Presidente e CEO al momento del pensionamento di Quinn il 25 maggio 2026.
Metz ha ricoperto il ruolo di Vice Presidente Esecutivo e Direttore delle Entrate da febbraio 2019, dopo aver ricoperto il ruolo di Vice Presidente Esecutivo e Direttore dei Prestiti da settembre 2016 a febbraio 2019. Prima di unirsi a Orrstown, ha lavorato come Vice Presidente Senior e Direttore dei Prestiti presso Metro Bank a Harrisburg, Pennsylvania, dal 2011 al 2016.
Orrstown Financial Services (NASDAQ: ORRF) ha anunciado la promoción de Adam L. Metz a Vicepresidente Ejecutivo Senior y Director de Operaciones tanto de la Compañía como de Orrstown Bank, con efecto inmediato. Esta promoción es parte de una estrategia de sucesión planificada, ya que se prevé que Metz suceda a Thomas R. Quinn, Jr. como Presidente y CEO tras la jubilación de Quinn el 25 de mayo de 2026.
Metz ha estado desempeñándose como Vicepresidente Ejecutivo y Director de Ingresos desde febrero de 2019, después de haber sido Vicepresidente Ejecutivo y Director de Préstamos desde septiembre de 2016 hasta febrero de 2019. Antes de unirse a Orrstown, fue Vicepresidente Senior y Director de Préstamos en Metro Bank en Harrisburg, Pennsylvania, desde 2011 hasta 2016.
Orrstown Financial Services (NASDAQ: ORRF)는 Adam L. Metz를 수석 부사장 및 최고 운영 책임자로 즉시 승진시키겠다고 발표했습니다. 이 승진은 계획된 승계 전략의 일환으로, Metz는 2026년 5월 25일 Quinn의 은퇴 후 대통령 및 CEO로서 Thomas R. Quinn, Jr.를 대체할 예정입니다.
Metz는 2019년 2월부터 수석 부사장 및 최고 수익 책임자로 재직해 왔으며, 2016년 9월부터 2019년 2월까지는 수석 부사장 및 최고 대출 책임자로 일했습니다. Orrstown에 합류하기 전에 그는 2011년부터 2016년까지 펜실베이니아주 해리스버그에 있는 메트로 뱅크에서 수석 부사장 및 최고 대출 책임자로 근무했습니다.
Orrstown Financial Services (NASDAQ: ORRF) a annoncé la promotion d'Adam L. Metz au poste de Vice-Président Exécutif Senior et Directeur des Opérations de la Société et d'Orrstown Bank, avec effet immédiat. Cette promotion s'inscrit dans le cadre d'une stratégie de succession planifiée, puisque Metz doit succéder à Thomas R. Quinn, Jr. en tant que Président et CEO lors de la retraite de Quinn le 25 mai 2026.
Metz occupait le poste de Vice-Président Exécutif et Directeur des Revenus depuis février 2019, après avoir été Vice-Président Exécutif et Directeur des Prêts de septembre 2016 à février 2019. Avant de rejoindre Orrstown, il a été Vice-Président Senior et Directeur des Prêts à Metro Bank à Harrisburg, Pennsylvanie, de 2011 à 2016.
Orrstown Financial Services (NASDAQ: ORRF) hat die Beförderung von Adam L. Metz zum Senior Executive Vice President und Chief Operating Officer sowohl des Unternehmens als auch der Orrstown Bank mit sofortiger Wirkung bekannt gegeben. Diese Beförderung ist Teil einer geplanten Nachfolgestrategie, da Metz Thomas R. Quinn, Jr. als Präsident und CEO nach Quinns Ruhestand am 25. Mai 2026 nachfolgen soll.
Metz war seit Februar 2019 als Executive Vice President und Chief Revenue Officer tätig, nachdem er von September 2016 bis Februar 2019 als Executive Vice President und Chief Lending Officer gearbeitet hatte. Vor seinem Eintritt bei Orrstown war er von 2011 bis 2016 als Senior Vice President und Chief Lending Officer bei der Metro Bank in Harrisburg, Pennsylvania, tätig.
- Clear succession plan in place for CEO transition
- Internal promotion demonstrates strong leadership pipeline
- Appointee has extensive experience within the company since 2016
- None.
HARRISBURG, Pa., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF) (the “Company”) today announced that Adam L. Metz has been promoted to Senior Executive Vice President and Chief Operating Officer of the Company and its subsidiary bank, Orrstown Bank (the "Bank"), effective immediately, with the intent for him to succeed Thomas R. Quinn, Jr. as President and Chief Executive Officer of the Company and the Bank upon Mr. Quinn’s retirement on May 25, 2026.
Mr. Metz has served as Executive Vice President and Chief Revenue Officer of the Company and the Bank since February 2019. He previously served as Executive Vice President and Chief Lending Officer of the Company and the Bank from September 2016 to February 2019. From 2011 to 2016, Mr. Metz served as Senior Vice President, Chief Lending Officer of Metro Bank, headquartered in Harrisburg, Pennsylvania.
“Adam understands the mission, culture and values that have driven Orrstown Bank’s growth over the past decade,” said Thomas R. Quinn, Jr., President and Chief Executive Officer. “His efforts and leadership have contributed significantly to the bank’s success during that time. Adam’s promotion is part of our natural succession planning process and is extraordinarily well-deserved.”
About Orrstown
With
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This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements reflect the current views of the Company's management with respect to, among other things, future events and the Company's financial performance. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “project,” “forecast,” “goal,” “target,” “would” and “outlook,” or the negative variations of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates, predictions or projections about events or the Company's industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company's control. Accordingly, the Company cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and the Company disclaims any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that the Company or persons acting on the Company's behalf may issue.
Contact
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
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