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The latest update is out from Penns Woods Bancorp (PWOD).
Penns Woods Bancorp, Inc. conducted its 2024 Annual Meeting where shareholders voted on director elections and the ratification of the company’s independent auditor. Following the meeting, amidst shareholder discussions and consideration of proxy advisory recommendations, the Board’s Compensation Committee, with support from the CEO, initiated a review of the CEO’s compensation. This review will consider industry standards, peer compensation, and shareholder feedback, potentially leading to changes in the CEO’s contract and incentive metrics for executives, with conclusions expected by the second quarter of 2024.
See more data about PWOD stock on TipRanks’ Stock Analysis page.