Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact:
Amber Wallace
Executive Vice President, Chief Retail/Marketing Officer
330-720-6441
awallace@farmersbankgroup.com
Farmers National Bank Executes Succession Plan for
Future Growth and Continuity
Canfield, Ohio, July 1, 2020—Leadership transitions within the experienced executive team at Farmers National Bank reflect the due diligence taken to assure strategic continuity and continued future growth opportunities.
“Farmers National Bank has been on a growth and success trajectory for the past several years,” states Kevin J. Helmick, President & CEO of Farmers. “Successfully managing succession is how good organizations maintain high performance. At Farmers, succession planning is a top priority that we conduct on an annual basis.”
Mark L. Graham, currently Executive Vice President and Chief Credit Officer of the Company, will be appointed a Special Assets Analyst effective August 1, 2020 and will retire from the Company effective December 31, 2020.
“Mark Graham has been with Farmers for over 42 years in a number of key leadership roles,” says Helmick. “He is admiringly known as ‘Mr. Farmers’ by the local business community. It is not possible for me to overstate the respect and honor with which he is held both within and outside our Bank. I am thrilled that Mark is going to stay onboard with Farmers to help us navigate through his transition to retirement. I envision calling upon him for counsel after his retirement for years to come.”
Mark R. Witmer, currently Senior Executive Vice President, Chief Banking Officer of the Company, will be appointed as Senior Executive Vice President, Chief Credit Officer of the Company effective August 1, 2020.
“Mark brings a full decade of experience with Farmers, and his 30 years in the financial industry include being the CEO of a very highly-regarded community bank. Mark has held the highest lending authority and credit decisioning in his Chief Banking Officer role at Farmers, and also is highly-esteemed by the business and investor communities,” says Helmick.
Another strategic action taken is the promotion of Timothy Shaffer, currently Senior Vice President of the Company and Regional President of The Farmers National Bank of Canfield (the national banking subsidiary of Farmers). Shaffer will be appointed Senior Vice President, Chief Lending Officer of the Company effective August 1, 2020.
