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[July 10, 2014]
QNB CORP FILES (8-K) Disclosing Change in Directors or Principal Officers
(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On July 7, 2014, Bret H. Krevolin, Chief Financial Officer of QNB Corp. (the registrant) and Executive Vice President and Chief Financial Officer of QNB Bank, the registrant's wholly owned subsidiary (the "Bank"), notified the Bank that he is resigning from such positions effective July 18, 2014 to pursue other opportunities outside of the Bank's market area. Mr. Krevolin's resignation was not a result of any disagreement on any matter relating to the registrant's operations, policies or practices.
The Bank has not yet appointed a new Chief Financial Officer and is seeking qualified candidates from outside the Bank. During the search for a new Chief Financial Officer, Phillip Geiger will serve as the Interim Chief Financial Officer. Since July 2007, Mr. Geiger has served as the Bank's Vice President and Controller. Before joining the Bank, Mr. Geiger worked for a public accounting firm, Beard Miller Company LLP, as an auditor performing audits of primarily financial institutions from September 1997 to July 2007.
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