Farmers National Banc Corp. Holds Annual Meeting
CANFIELD, Ohio – Farmers National Banc Corp. held its 2022 annual meeting Thursday – via a virtual format – during which shareholders elected three directors and approved the company’s equity incentive plan.
According to the company’s Form 8-K filed Friday with the U.S. Securities and Exchange Commission, the board of directors adopted the equity incentive plan in February, subject to shareholder approval.
Under the plan, the company may grant equity-based incentive awards to non-employee directors,
officers and other eligible participants. A total of one million shares of common stock are reserved for issuance by the board’s compensation committee, SEC documents state.
Directors elected by shareholders to serve a three-year term ending at the 2025 annual meeting are Ralph D. Macali, Frank J. Monaco, Edward W. Muransky and Richard B. Thompson.
Shareholders also approved an advisory vote on the 2021 compensation paid to executive officers, as well as the appointment of CliftonLarsonAllen LLP as the company’s independent registered public
accounting firm for the year ending Dec. 31, 2022:
Published by The Business Journal, Youngstown, Ohio.