QNB Corp. (QNBC) in Quakertown, Pa., is preparing to complete its previously announced succession plan.
David W. Freeman will become chief executive and president of the $930 million-asset company and CEO of QNB Bank on Wednesday, QNB said Friday in a filing with the Securities and Exchange Commission. Freeman, who is currently QNB Bank's president and chief operating officer, was also appointed as a director of the company and will continue to serve as a director of the bank.
Thomas J. Bisko
Freeman joined the bank in 2010 after running the Drovers Bank division of Fulton Financial (FULT) for eight years.