Short answer
ORRSTOWN FINANCIAL SERVICES INC (ORRF) filed an 8-K current report with the SEC on May 6, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.07 (Submission of Matters to a Vote of Security Holders). CEO succession effective June 1, 2026, with Thomas R. Quinn Jr. retiring from Company and Bank leadership.
ORRSTOWN FINANCIAL SERVICES INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO succession effective June 1, 2026, with Thomas R. Quinn Jr. retiring from Company and Bank leadership
- Adam L. Metz, 54, elevated from Chief Operating Officer to President and CEO
- Metz’s six-year internal progression supports leadership continuity and banking-sector experience
- New Class B director term runs through the 2028 Annual Meeting of Shareholders
Item 5.07 · Submission of Matters to a Vote of Security Holders
- Four Class A director nominees elected for three-year terms expiring 2029, averaging 95.81% support
- Say-on-pay approved with 94.91% support, indicating strong shareholder backing for executive compensation
- Crowe LLP auditor appointment ratified with 99.50% support for fiscal 2026
- Broker non-votes totaled 2,579,946 on director and compensation proposals
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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