On March 28, 2022, Norwood Financial Corp. announced that James O. Donnelly had accepted an offer to become Chief Executive Officer of the Company, and its wholly owned subsidiary, Wayne Bank, effective upon his first day of employment with the Company, anticipated to be in early May, 2022. Mr. Lewis J. Critelli, current President and Chief Executive Officer of the Company and Bank previously announced his intention to retire during the first half of 2022, subject to the successful completion of a search process for a successor.

Mr. Critelli intends to continue serving as a director of the Company and Bank upon his retirement as Chief Executive Officer. Mr. Donnelly joins the Company with over 30 years of banking experience, most recently with Bangor Savings Bank where he served as its Executive Vice President and Chief Commercial Officer.