Choiceone Financial Services Inc 8-K, filed Aug 25, 2021
Choiceone Financial Services Inc (COFS)
About this 8-K
Choiceone Financial Services Inc filed this 8-K on August 25, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On August 25, 2021, James A. Bosserd tendered his resignation from the Board of Directors of ChoiceOne Financial Services, Inc. ("ChoiceOne"), effective as of September 8, 2021, in accordance with ChoiceOne's mandatory retirement requirement for members of the Board of Directors. There is no disagreement between ChoiceOne and Mr. Bosserd known to an executive officer of ChoiceOne, as defined in 17 CFR 240.3b-7, on any matter relating to ChoiceOne's operations, policies or practices.
On August 25, 2021, Greg L. Armock was appointed to the Board of Directors of ChoiceOne, effective as of September 8, 2021, to fill the vacancy created by the retirement of Mr. Bosserd, for a term that will expire at ChoiceOne's annual meeting of shareholders held in 2022. Mr. Armock was also appointed to serve as a member of ChoiceOne's Nominating and Governance Committee and ChoiceOne's Branching and Acquisitions Committee.
Mr. Armock is the owner and president of Armock Mechanical Contractors Inc., located in Sparta, Michigan, and currently serves as a member of the ChoiceOne Bank Board of Directors. Mr. Armock previously served as a member of ChoiceOne's Board of Directors from January 2018 until ChoiceOne's merger with County Bank Corp. in October 2019.
Mr. Armock is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation S-K. There is no agreement, arrangement or understanding pursuant to which Mr. Armock was selected as a director. Mr. Armock will be entitled to receive compensation for his services as director consistent with the compensation paid to other directors as described in the Proxy Statement for ChoiceOne's 2021 annual meeting of shareholders.
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SIGNATURES
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.
| Dated: | August 25, 2021 | CHOICEONE FINANCIAL SERVICES, INC. (Registrant) | |
| By: | /s/ Thomas Lampen | ||
| Thomas Lampen Its Treasurer | |||
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