NWFL · Norwood Financial Corp · Executive Compensation

$35.97 -1.21 (-3.25%) Q3 2026 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$405.34M

10.90M

Volume · Oct 28 22.71K Avg daily vol (3M) 39.52K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James O. Donnelly	President and Chief Executive Officer	$605,000	$151,250	$198,200	—	—	$55,334	$1,009,784
James Donnelly	President and Chief Executive Officer	$605,000	$151,250	$198,200	—	—	$55,334	$1,009,784
John McCaffery	CFO	$350,200	$136,000	$59,600	—	—	$39,928	$585,728
John M. McCaffery	Executive Vice President, Chief Financial Officer	$350,200	$136,000	$59,600	—	—	$39,928	$585,728
John F. Carmody	Executive Vice President, Chief Credit Officer	$260,000	$94,130	$44,700	—	—	$56,626	$455,456

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Donnelly	President and Chief Executive Officer	$538,000	$134,500	$161,402	—	—	$40,795	$874,697
James O. Donnelly	President and Chief Executive Officer	$538,000	$134,500	$161,402	—	—	$40,795	$874,697
Vincent G. O’Bell	Chief Lending Officer	$241,500	$58,000	$40,875	—	—	$32,411	$372,786
John F. Carmody	Executive Vice President, Chief Credit Officer	$235,326	$56,332	$40,875	—	—	$33,629	$291,658

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Donnelly	President and Chief Executive Officer	$478,125	$115,000	$191,188	—	—	$32,122	$816,435
James O. Donnelly	President and Chief Executive Officer	$478,125	$115,000	$191,188	—	—	$32,122	$816,435
William S. Lance	Executive Vice President, Chief Financial Officer and Secretary	$300,400	$81,533	$44,490	—	—	$41,462	$467,885
Vincent G. O’Bell	Chief Lending Officer	$230,000	$49,200	$44,490	—	—	$31,112	$354,802

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lewis J. Critelli	President and Chief Executive Officer	$237,500	$125,000	$139,166	—	—	$227,487	$729,153
James O. Donnelly	President and Chief Executive Officer	$261,538	$119,000	$160,955	—	—	$18,822	$560,315
James Donnelly	President and Chief Executive Officer	$261,538	$119,000	$160,955	—	—	$18,822	$560,315
William S. Lance	Executive Vice President, Chief Financial Officer and Secretary	$280,000	$108,800	$50,295	—	—	$39,848	$478,943
Robert J. Mancuso	Chief Operating Officer	$215,000	$75,250	$50,295	—	—	$34,469	$375,014

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lewis J. Critelli	President and Chief Executive Officer	$475,000	$200,000	—	—	—	$64,538	$739,538
William S. Lance	Executive Vice President, Chief Financial Officer and Secretary	$260,000	$93,600	$38,700	—	—	$37,695	$429,995
Robert J. Mancuso	Chief Operating Officer	$200,000	$72,000	$38,700	—	—	$32,332	$343,032

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lewis J. Critelli	President and Chief Executive Officer	$390,000	$200,000	$67,325	—	—	$54,854	$712,179
William S. Lance	Executive Vice President, Chief Financial Officer and Secretary	$225,000	$110,475	$33,663	—	—	$32,685	$401,823
James F. Burke	Executive Vice President and Chief Lending Officer	$220,000	$85,000	$33,663	—	—	$26,349	$365,012

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lewis J. Critelli	President and Chief Executive Officer	$370,000	$125,000	$90,050	—	—	$55,216	$640,266
William S. Lance	Executive Vice President, Chief Financial Officer and Secretary	$210,000	$58,000	$45,025	—	—	$30,158	$343,183
James F. Burke	Executive Vice President and Chief Lending Officer	$208,000	$57,000	$45,025	—	—	$24,536	$334,561

Executive changes

Person	Role	Change	Effective	Filed
Janak M. Amin	Executive Vice President and Chief Operating Officer	Appointed	2026-01-05	2026-01-05
Spencer J. Andress	director	Appointed	2026-01-05	2026-01-05
Joseph W. Carroll	director	Appointed	2026-01-05	2026-01-05
Marissa S. Nacinovich	Director	Appointed	2025-09-16	2025-09-17
Kevin Lamont	Vice Chairman of the Board	Appointed	2025-09-16	2025-09-17
James Shook	Director	Appointed	2025-09-16	2025-09-17
Lewis J. Critelli	Chairman Emeritus	Appointed	2025-09-16	2025-09-17
Andrew A. Forte	Chairman of the Board	Appointed	2025-09-16	2025-09-17
Lewis J. Critelli	Chairman of the Board and Director	Retired	2025-09-16	2025-09-17
Susan Campfield	Director	Retired	2025-02-18	2025-02-18
Ronald R. Schmalzle	Director	Appointed	2024-07-16	2024-07-18
William S. Lance	Executive Vice President and Chief Strategic Officer	Retired	2024-08-02	2024-06-24
William S. Lance	Executive Vice President and Chief Financial Officer	Resigned	2024-06-24	2024-06-24
William S. Lance	Executive Vice President and Chief Strategic Officer	Appointed	2024-06-24	2024-06-24
John M. McCaffery	Executive Vice President and Chief Financial Officer	Appointed	2024-06-24	2024-06-24
Joseph W. Adams	Senior Vice President and Director of Wealth Management and Investment Services for Wayne Bank	Appointed	2024-03-19	2024-03-19
Joseph W. Adams	Board of Directors of Norwood Financial Corp and Wayne Bank	Resigned	2024-03-19	2024-03-19
William S. Lance	Executive Vice President and Chief Financial Officer	Retired	2024-08-02	2024-03-08
Robert J. Mancuso	Executive Vice President and Chief Operating Officer	Retired	2023-12-31	2023-12-08
Lewis J. Critelli	employee of the Company and Wayne Bank	Retired	2022-06-30	2022-07-05

Leadership

James O. Donnelly CEO, Board Member
Andrew A. Forte Chairman
John M. McCaffery CFO
Janak M. Amin COO
Alexandra K. Nolan Board Member
James Shook Board Member
Jeffrey S. Gifford Board Member
Joseph W. Carroll Board Member
Marissa S. Nacinovich Board Member
Ronald R. Schmalzle Board Member
Spencer J. Andress Board Member

Key facts CIK 1013272 CUSIP 669549107 13F (30d) 24 filings 24 filers Visit website Investor relations