United States

People: Orrstown Financial Services Inc (ORRF.O)

ORRF.O on Consolidated Issue listed on NASDAQ Capital Market

20 Sep 2017
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Quinn, Thomas 

Mr. Thomas R. Quinn, Jr. is the President, Chief Executive Officer, Director of Orrstown Financial Services Inc and Orrstown Bank since May, 2009 immediately following the 2009 Annual Meeting of Shareholders. Mr. Quinn joined the Bank in March 2009 as President-elect and served in that capacity until he was appointed President and Chief Executive Officer. The Pennsylvania Banking Code requires that a bank president be a member of the bank’s board of directors. The Board of Directors believes that it is important that the President, who also is the Chief Executive Officer, be a member of the Board of Directors of the Company and the Bank so that the President may interact on a peer to peer basis with his fellow directors. In addition, the Board of Directors believes that the knowledge, experience and perspective Mr. Quinn possesses as a result of his service as a senior executive with Fifth Third Bancorp and Citigroup have been and will continue to be valuable to the Company as it continues its transition from a smaller community banking institution to a multi-billion dollar regional institution.

Basic Compensation

Total Annual Compensation, USD 561,084
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD --
All Other, USD 250,189
Fiscal Year Total, USD 811,273

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --