FMCB - Farmers & Merchants CFO to retire replacement named

Farmers & Merchants Bancorp (NASDAQ:FMAO) said Executive Vice President and CFO Stephen Haley will be retiring effective Dec. 31, 2021, after 18 years with Farmers & Merchants Bank of Central California. The company added that Mark Olson will join the company as its executive vice president and CFO effective, Nov. 1. The company noted that Olson was CFO for Altabank, a $3.6B community bank headquartered in Utah, which was sold to Glacier Bank earlier this year. Haley will remain with the Company until Dec. 31 to assist with the transition to a new CFO.

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Farmers & Merchants CFO to retire, replacement named