CANFIELD, Ohio–(Company WIRE)–Farmers National Banc Corp. (NASDAQ: FMNB) announced nowadays the subsequent adjustments in its Accounting and Finance Government Team. The variations are prompted by Carl D. Culp’s decision to retire as Farmers Nationwide Financial institution Main Fiscal Officer and Senior Government Vice President, helpful August 15, 2021. The selection ends Culp’s remarkably prosperous 36-12 months job in accounting and the financial companies marketplace, with 32 several years focused to Farmers National Bank, which includes the very last 25 a long time as Farmers’ Chief Fiscal Officer and Senior Executive Vice President. Culp has agreed to give advisory expert services for a period of time to be certain a seamless changeover to his successor.
“First and foremost, the Board of Administrators thank Carl for his decades of faithful provider. It is complicated for me to express the a great number of contributions Carl has manufactured in excess of the study course of his job to both of those the stability and incredible advancement trajectory of our monetary establishment,” states Kevin Helmick, President and CEO of Farmers. “Carl exemplifies Farmers’ tradition and has constantly led by example with his stalwart integrity and character.”
Farmers has named Troy Adair as Executive Vice President of Finance. Adair, most not long ago with Leading Financial institution as Senior Vice President, Treasurer and Assistant Secretary, owns an MBA in Finance and Accounting and has 33 many years of encounter in banking. Upon Culp’s departure, Adair will assume the Main Economical Officer position. A indigenous to the Mahoning Valley, Adair resides in Cortland, Ohio with his relatives.
Also, Farmers has promoted Joseph Sabat, CPA to Vice President, Main Accounting Officer, effective straight away. Sabat, who has been with Farmers given that 2006, at the moment retains the purpose of Vice President and Controller at Farmers and delivers 25 yrs of knowledge in the accounting, finance and auditing fields.
In earning these bulletins, Kevin Helmick noted, “The appointments of Adair and Sabat to these vital roles mirror Farmers’ pursuit of significant effectiveness and remarkable effects for our stakeholders.”
ABOUT FARMERS National BANC CORP.
Established in 1887, Farmers National Banc Corp. is a diversified financial providers company headquartered in Canfield, Ohio, with $3.3 billion in banking assets. Farmers National Banc Corp.’s wholly-owned subsidiaries are comprised of The Farmers Countrywide Financial institution of Canfield, a comprehensive-assistance countrywide lender engaged in commercial and retail banking with 41 areas in Mahoning, Trumbull, Columbiana, Stark, Wayne, Medina, Geauga and Cuyahoga Counties in Ohio and Beaver County in Pennsylvania Farmers Have faith in Organization, which operates five believe in places of work and delivers services in the exact geographic marketplaces and Farmers National Insurance policy, LLC. Full prosperity administration assets below treatment at March 31, 2021 have been $2.9 billion.
