SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: May 29, 2020
(Date of earliest event reported)
PEOPLES FINANCIAL SERVICES CORP.
(Exact name of registrant as specified in its charter)
(Commission File Number)
|(State or other jurisdiction of incorporation)||(IRS Employer of Identification No.)|
|150 North Washington Avenue, Scranton, Pennsylvania||18503-1848|
|(Address of principal executive offices)||(Zip Code)|
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common stock, $2.00 par value||PFIS||The Nasdaq Stock Market|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
|Item 5.02||Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.|
On June 4, 2020, Peoples Financial Services Corp. (the “Company”) announced that Thomas P. Tulaney has been promoted to President and Chief Operating Officer of the Company and its subsidiary, Peoples Security Bank and Trust Company (the “Bank”), effective May 29, 2020. Mr. Tulaney, age 60, has served as Senior Executive Vice President and Chief Operating Officer since May 2017. He served as the Executive Vice President and Chief Lending Officer from the Company’s November 2013 merger with Penseco Financial Services Corporation until May 2017. Additional information regarding Mr. Tulaney, his experience, compensation and certain transactions is included in the Company’s definitive proxy statement for its 2020 annual meeting of shareholders, filed with the Securities and Exchange Commission on April 16, 2020, and is incorporated in this item by reference.
Craig W. Best, who has served as President and Chief Executive Officer of the Company and the Bank since November 2013, will remain Chief Executive Officer of the Company and the Bank.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|PEOPLES FINANCIAL SERVICES CORP.|
|By:||/s/ Craig W. Best|
|Craig W. Best|
|Chief Executive Officer|
|(Principal Executive Officer)|
|Date: June 4, 2020|