Norwood Financial Corp Announces Appointment of John M. McCaffery as Executive Vice President and Chief Financial Officer

Core Viewpoint - Norwood Financial Corp has appointed John M. McCaffery as Executive Vice President and Chief Financial Officer, effective June 24, 2024, to enhance its leadership team and support growth initiatives [1][2][6]. Company Overview - Norwood Financial Corp is the parent company of Wayne Bank, operating 14 offices in Northeastern Pennsylvania and 16 offices in New York [3]. - The company's stock is traded on the Nasdaq Global Market under the symbol "NWFL" [3]. Leadership Changes - John M. McCaffery brings over 30 years of leadership and finance experience, including previous roles as CFO at two banks, which positions him well to contribute to the company's growth [2][4][6]. - William S. Lance, the current CFO, will transition to the role of Executive Vice President and Chief Strategic Officer on June 24, 2024, and will assist with the transition until his retirement on August 2, 2024 [7]. Experience and Expertise - McCaffery has extensive experience in capital raising, M&A transactions, regulatory compliance, and team development, holding a Bachelor of Business Administration in Banking & Finance from Hofstra University [4][6].