Farmers & Merchants Bancorp announced that Stephen W. Haley Chief Financial Officer, will be retiring effective June 30, 2023. The Company also announced that Bart R. Olson will join the Company as its Executive Vice President and Chief Financial Officer effective March 27, 2023. Mr. Olson is a seasoned financial professional who began his career in the public accounting profession, and was a financial institutions audit Partner for nine years at KPMG.

After leaving KPMG he held senior level financial positions, including Chief Financial Officer, at several financial institutions. Bart will work closely with Steve Haley until June 30th to ensure a seamless transition.