F&M Bank Corp. Appoints New CEO
Ticker: FMBM · Form: 8-K · Filed: Jul 19, 2024 · CIK: 740806
| Field | Detail |
|---|---|
| Company | F&M Bank Corp (FMBM) |
| Form Type | 8-K |
| Filed Date | Jul 19, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, leadership-change
TL;DR
F&M Bank Corp. just named Michael L. Sowers the new CEO, effective immediately.
AI Summary
F&M Bank Corp. announced on July 18, 2024, changes in its executive team. Specifically, the company appointed Michael L. Sowers as Chief Executive Officer and President, effective immediately. Sowers previously served as Executive Vice President and Chief Lending Officer.
Why It Matters
This leadership change at F&M Bank Corp. could signal a new strategic direction for the company, impacting its future growth and operational focus.
Risk Assessment
Risk Level: low — The filing details routine executive appointments and does not indicate any significant financial distress or operational issues.
Key Players & Entities
- F&M Bank Corp. (company) — Registrant
- Michael L. Sowers (person) — Appointed Chief Executive Officer and President
FAQ
Who has been appointed as the new Chief Executive Officer and President of F&M Bank Corp.?
Michael L. Sowers has been appointed as the new Chief Executive Officer and President of F&M Bank Corp.
When was the appointment of the new CEO effective?
The appointment of Michael L. Sowers as CEO and President was effective immediately as of July 18, 2024.
What was Michael L. Sowers' previous role at F&M Bank Corp.?
Before his appointment as CEO, Michael L. Sowers served as Executive Vice President and Chief Lending Officer at F&M Bank Corp.
What is the principal executive office address for F&M Bank Corp.?
The principal executive offices of F&M Bank Corp. are located at P.O. Box 1111, Timberville, Virginia 22853.
What is the fiscal year end for F&M Bank Corp.?
The fiscal year end for F&M Bank Corp. is December 31.
Filing Stats: 404 words · 2 min read · ~1 pages · Grade level 10.9 · Accepted 2024-07-19 16:14:46
Filing Documents
- fmbm_8k.htm (8-K) — 20KB
- 0001654954-24-009182.txt ( ) — 127KB
- fmbm-20240718.xsd (EX-101.SCH) — 6KB
- fmbm-20240718_lab.xml (EX-101.LAB) — 12KB
- fmbm-20240718_cal.xml (EX-101.CAL) — 1KB
- fmbm-20240718_pre.xml (EX-101.PRE) — 8KB
- fmbm-20240718_def.xml (EX-101.DEF) — 2KB
- fmbm_8k_htm.xml (XML) — 3KB
SIGNATURES
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. F & M Bank Corp. By: /s/ Lisa F. Campbell Lisa F. Campbell Executive Vice President and Chief Financial Officer Date: July 19, 2024 3