Choiceone Financial Services Inc 8-K, filed May 24, 2022
Choiceone Financial Services Inc (COFS)
About this 8-K
Choiceone Financial Services Inc filed this 8-K on May 24, 2022, reporting on events of May 7, 2022.
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 |
Bruce J. Cady retired from the Board of Directors of ChoiceOne Financial Services, Inc. ("ChoiceOne") effective May 7, 2022 in accordance with ChoiceOne's mandatory retirement requirement for members of the Board of Directors. There is no disagreement between ChoiceOne and Mr. Cady 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.
Effective upon Mr. Cady's retirement, David J. Churchill was appointed to the Board of Directors of ChoiceOne to fill the vacancy created by the retirement of Mr. Cady, for a term that will expire at ChoiceOne's 2022 annual meeting of shareholders. Mr. Churchill 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. Churchill was selected as a director. Mr. Churchill is 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: | May 24, 2022 | CHOICEONE FINANCIAL SERVICES, INC. (Registrant) | |
| By: | /s/ Adom J. Greenland | ||
| Adom J. Greenland Its Chief Financial Officer, Secretary and Treasurer | |||
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