Company: PFIS
Filing Date: 2025-04-02
Form Type: 8-K
Source: 0001104659-25-031200
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Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-04-02
Form: 8-K
Item: Item 5.02
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Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory  

On March 28, 2025, the boards of directors of
Peoples Financial Services Corp., a Pennsylvania corporation (the “ Company”), and its banking subsidiary, Peoples Security
Bank and Trust Company (the “ Bank”), approved the appointment of Stephanie A. Westington, CPA, as Senior Vice President and
Chief Accounting Officer of the Company and the Bank, a role in which she will serve as the principal accounting officer of the Company,
effective as of April 1, 2025. As previously reported, effective March 31, 2025, John R. Anderson, III ceased to serve as the Company’s
principal financial officer and principal accounting officer and James M. Bone, Jr., CPA, assumed the role of principal financial officer
and principal accounting officer. Upon the effectiveness of Ms. Westington’s appointment, Mr. Bone ceased to serve as principal
accounting officer.

Prior to the appointment to her current
position, Ms. Westington, 59, served as Senior Vice President Chief and Profitability Officer of the Bank from the consummation of
the Company’s merger with FNCB Bancorp., Inc. on July 1, 2024. From January 2022 until the merger, Ms. Westington served as
Senior Vice President and Chief Accounting Officer of FNCB Bank, and from July 2012 to January 2022, served as Senior Vice President
and Controller of FNCB Bank. Prior to joining FNCB Bank, Ms. Westington was Director of Finance for Physicians Health Alliance, a
physician’s group that was a member of the former Moses Taylor Health Care System, from March 2011 to July 2012. Ms.
Westington is a licensed Certified Public Accountant and has previous banking experience from her time as Vice President of Finance
at the former Community Bank and Trust Company from January 1998 to March 2011 and Assistant Vice President and Controller at the
former LA Bank, N. A. from September 1990 to December 1997.

There are no family relationships between Ms.
Westington and any other person serving as a director or executive officer of the Company. Neither Ms. Westington nor any of her related
persons has had since the beginning of the Company’s last fiscal year, or will have, a direct or indirect material interest in any
transaction or any