On October 8, 2019, the Board of Directors of Codorus Valley Bancorp, the parent company of PeoplesBank, A Codorus Valley Company increased the number of its Class B Directors from two to three members, thereby increasing the size of the company's board of directors to nine members, and appointed Craig L. Kauffman to fill the vacancy created by such increase. Mr. Kauffman's appointment as a Class B Director is effective immediately and his term will expire as of the annual meeting of shareholders date in 2022. Mr. Kauffman is currently employed by the Bank and holds the position of President and Chief Executive Officer and Director. In addition, Mr. Kauffman serves as Executive Vice President and Chief Operating Officer of the company. He has held these positions since August 2018.