PEOPLES FINANCIAL SERVICES CORP. ANNOUNCES OFFICER APPOINTMENTS
Peoples Financial Services Corp. (NASDAQ: PFIS) announced key executive appointments effective March 31, 2025. James M. Bone, Jr., CPA, currently Executive Vice President and Chief Operations Officer, will assume the role of Chief Financial Officer. Simultaneously, John R. Anderson, III will transition from Executive Vice President and Chief Financial Officer to Chief Operating Officer.
PFIS operates through its subsidiary, Peoples Security Bank and Trust Company (PSBT), an independent community bank with 39 full-service banking offices across Pennsylvania, New Jersey, and New York. The bank serves retail and commercial customers in multiple counties, offering comprehensive financial products and services to individuals, businesses, non-profits, and government entities.
Peoples Financial Services Corp. (NASDAQ: PFIS) ha annunciato importanti nomine esecutive che entreranno in vigore il 31 marzo 2025. James M. Bone, Jr., CPA, attualmente Vicepresidente Esecutivo e Chief Operations Officer, assumerà il ruolo di Chief Financial Officer. Contemporaneamente, John R. Anderson, III passerà da Vicepresidente Esecutivo e Chief Financial Officer a Chief Operating Officer.
PFIS opera attraverso la sua filiale, Peoples Security Bank and Trust Company (PSBT), una banca comunitaria indipendente con 39 uffici bancari a servizio completo in Pennsylvania, New Jersey e New York. La banca serve clienti retail e commerciali in diversi distretti, offrendo prodotti e servizi finanziari completi a individui, aziende, organizzazioni non profit e enti governativi.
Peoples Financial Services Corp. (NASDAQ: PFIS) anunció nombramientos ejecutivos clave que entrarán en vigor el 31 de marzo de 2025. James M. Bone, Jr., CPA, actualmente Vicepresidente Ejecutivo y Director de Operaciones, asumirá el cargo de Director Financiero. Al mismo tiempo, John R. Anderson, III hará la transición de Vicepresidente Ejecutivo y Director Financiero a Director de Operaciones.
PFIS opera a través de su filial, Peoples Security Bank and Trust Company (PSBT), un banco comunitario independiente con 39 oficinas bancarias de servicio completo en Pennsylvania, Nueva Jersey y Nueva York. El banco atiende a clientes minoristas y comerciales en múltiples condados, ofreciendo productos y servicios financieros integrales a individuos, negocios, organizaciones sin ánimo de lucro y entidades gubernamentales.
Peoples Financial Services Corp. (NASDAQ: PFIS)는 2025년 3월 31일부로 주요 임원 인사를 발표했습니다. 현재 부사장 겸 COO인 James M. Bone, Jr., CPA가 CFO로 취임합니다. 동시에 John R. Anderson, III는 부사장 겸 CFO에서 COO로 전환하게 됩니다.
PFIS는 Peoples Security Bank and Trust Company (PSBT)라는 자회사를 통해 운영되며, Pennsylvania, New Jersey, New York에 39개의 풀서비스 은행 지점을 두고 있는 독립 커뮤니티 은행입니다. 이 은행은 여러 카운티의 소매 및 상업 고객에게 개인, 기업, 비영리 단체 및 정부 기관을 위한 종합적인 금융 상품과 서비스를 제공합니다.
Peoples Financial Services Corp. (NASDAQ: PFIS) a annoncé des nominations exécutives clés qui entreront en vigueur le 31 mars 2025. James M. Bone, Jr., CPA, actuellement vice-président exécutif et directeur des opérations, assumera le rôle de directeur financier. Dans le même temps, John R. Anderson, III passera de vice-président exécutif et directeur financier à directeur des opérations.
PFIS opère par l'intermédiaire de sa filiale, Peoples Security Bank and Trust Company (PSBT), une banque communautaire indépendante avec 39 agences bancaires à service complet dans la Pennsylvanie, le New Jersey et New York. La banque sert des clients particuliers et commerciaux dans plusieurs comtés, offrant des produits et services financiers complets à des particuliers, des entreprises, des organismes à but non lucratif et des entités gouvernementales.
Peoples Financial Services Corp. (NASDAQ: PFIS) hat wichtige Vorstandsnominierungen bekannt gegeben, die am 31. März 2025 wirksam werden. James M. Bone, Jr., CPA, der derzeit Geschäftsführer und Chief Operations Officer ist, wird die Rolle des Chief Financial Officer übernehmen. Gleichzeitig wird John R. Anderson, III vom Geschäftsführer und Chief Financial Officer zum Chief Operating Officer wechseln.
PFIS agiert über seine Tochtergesellschaft, die Peoples Security Bank and Trust Company (PSBT), eine unabhängige Gemeinde-Bank mit 39 vollwertigen Bankfilialen in Pennsylvania, New Jersey und New York. Die Bank bedient Einzel- und Geschäftskunden in mehreren Landkreisen und bietet umfassende Finanzprodukte und -dienstleistungen für Einzelpersonen, Unternehmen, gemeinnützige Organisationen und Regierungsstellen an.
- Strategic executive reorganization maintaining continuity in senior leadership
- Extensive geographic presence with 39 full-service banking locations across three states
- None.
Mr. Bone and Mr. Anderson, both seasoned professionals, bring a wealth of experience and a shared commitment to advancing PFIS' mission to provide better banking to strengthen the communities where we live, work, and play.
PFIS is the bank holding company of PSBT, an independent community bank serving its retail and commercial customers through 39 full-service community banking offices located within the
Forward-looking Statements
This communication includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the beliefs, goals, intentions, and expectations of PFIS; and other statements that are not historical facts. Forward–looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "will," "should," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time.
Additionally, forward–looking statements speak only as of the date they are made; PFIS does not assume any duty, and does not undertake, to update such forward–looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise. Furthermore, because forward–looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in or implied by such forward-looking statements as a result of a variety of factors, many of which are beyond the control of PFIS. Such statements are based upon the current beliefs and expectations of the management of PFIS and are subject to significant risks and uncertainties outside of the control of PFIS. Caution should be exercised against placing undue reliance on forward-looking statements. The factors that could cause actual results to differ materially include the following: the possibility that the anticipated benefits of PFIS' merger with FNCB Bancorp, Inc. ("FNCB"), which was consummated July 1, 2024, will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of FNCB; the strength of the economy and competitive factors in the areas where PFIS conducts business; diversion of management's attention from ongoing business operations and opportunities; the possibility that PFIS may be unable to achieve expected synergies and operating efficiencies in the FNCB merger within the expected timeframes or at all; revenues following the FNCB merger may be lower than expected; PFIS' success in executing its business plans and strategies and managing the risks involved in the foregoing; the dilution caused by PFIS' issuance of additional shares of its capital stock in connection with the FNCB merger; the outcome of any legal proceedings that may be threatened or instituted against PFIS; the ability of PFIS to meet expectations regarding the accounting and tax treatments of the FNCB merger; effects of the completion of the FNCB merger on the ability of PFIS to retain customers and retain and hire key personnel and maintain relationships with its suppliers, and on its operating results and businesses generally; changes in interest rates; and risks related to the potential impact of general economic, political and market factors on PFIS; legislative and regulatory changes and the ability to comply with the significant laws and regulations governing the banking and financial services business; monetary and fiscal policies of the
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SOURCE Peoples Financial Services Corp.
FAQ
When will PFIS executive leadership changes take effect?
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