Company: PFIS
Filing Date: 2025-02-04
Form Type: 8-K
Source: 0001104659-25-009129
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Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-02-04
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;  

On
January 31, 2025, the boards of directors of Peoples Financial Services Corp., a Pennsylvania corporation (“ PFIS”),
and its banking subsidiary, Peoples Security Bank and Trust Company (“ PSBT”), approved the appointment of James M. Bone, Jr.,
CPA as Chief Financial Officer of PFIS and PSBT, a role in which he will serve as the principal financial officer and principal accounting
officer of PFIS, and the appointment of John R. Anderson, III as Chief Operating Officer of PFIS and PSBT, a role in which he will serve
as the principal operating officer of PFIS, in each case effective as of March 31, 2025. At that time, Mr. Anderson will cease to be the
principal financial officer and principal accounting officer of PFIS and Thomas P. Tulaney, the President of PFIS and PSBT, will cease
to be the principal operating officer of PFIS.

Mr. Bone, 63, is Executive Vice President and
Chief Operations Officer of PFIS and PSBT, a position he has held since the consummation of PFIS’ merger with FNCB Bancorp., Inc.
on July 1, 2024. From September 2012 until the merger, he served as Executive Vice President and Chief Financial Officer/Treasurer of
FNCB Bancorp., Inc. and its banking subsidiary, FNCB Bank. Mr. Bone is a licensed Certified Public Accountant and is an active member
of several professional, business and community organizations including the American Institute of Certified Public Accountants and Pennsylvania
Institute of Certified Public Accountants. Mr. Bone is a former member of the Issuer Advisory Council of the OTCQX and a former member
of the Advisory Board for the Federal Home Loan Bank of Pittsburgh. Mr. Bone is also active in the community with King’s College
and currently serves as Vice President of Finance and Board Member of the Northeastern Pennsylvania Council Boy Scouts of America.

Mr. Anderson, 58, is Executive Vice President
and Chief Financial Officer of PFIS and PSBT. Mr. Anderson was appointed to his current position in March 2018, after serving as the Senior
Vice President and Interim Principal Financial and Accounting Officer since April 2016. Prior to that he was Vice President/Planning and
Statistical Analyst, of Penn Security Bank