EAGLE FINANCIAL SERVICES, INC. (OTCMKTS:EFSI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On January17, 2018, the Board of Directors of Eagle Financial Services, Inc. (the “Company”) appointed Cary Claytor as a new director of the Company, effective immediately.Ms.Claytor is the President of H.N. Funkhouser, Inc., a graduate of the University of Richmond and a Certified Public Accountant. H.N. Funkhouser, Inc. is a major distributor of petroleum products and owns and operates several Handy Mart convenience stores in the Northern Shenandoah Valley of Virginia. Ms.Claytor has been employed with H.N. Funkhouser, Inc. since in 2002. She is very active in the community of Winchester and Frederick County, Virginia. Ms.Claytor is an officer and member of the Winchester/Frederick County Rotary Club and a board member of the Mount Hebron Cemetery.
Ms.Claytor has been named to the Audit committee of the Board of Directors.As of the effective date of her appointment, Ms.Claytor will be entitled to the same compensation as the other directors, including board meeting and committee fees for each meeting attended and annual stock grants, as described in the Company’s Proxy Statement filed in connection with the 2017 Annual Meeting of Shareholders.
On January17, 2018, the Registrant issued a press release announcing the board of directors’ declaration of a cash dividend payable February16, 2018. A copy of the company’s news release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference into this Item 5.02.
| Item 5.02 | Financial Statements and Exhibits |
| (d) | Exhibits. The following exhibit is being furnished to Item 5.02 above. |
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Exhibit No. |
Description |
| 99.1 | Press release dated January17, 2018. |
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Exhibit Index
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Exhibit No. |
Description |
| 99.1 | Press release dated January17, 2018. |
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EAGLE FINANCIAL SERVICES INC ExhibitEX-99.1 2 d528070dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 EAGLE FINANCIAL SERVICES,…To view the full exhibit click here
About EAGLE FINANCIAL SERVICES, INC. (OTCMKTS:EFSI)
Eagle Financial Services, Inc. is a bank holding company. The Company conducts its operations through its subsidiary, Bank of Clarke County (the Bank). The Bank offers a range of retail and commercial banking services, including demand, savings and time deposits and consumer, mortgage and commercial loans. The Bank has approximately 12 full-service branches and one drive-in only facility. The Bank has over 13 automated teller machine (ATM) locations in its trade area, and issues both ATM cards and Debit cards to deposit customers. The Bank offers telephone banking, Internet banking and mobile banking to its customers. Internet banking also offers online bill payment to consumer and commercial customers. The Bank offers other commercial deposit account services, such as automated clearing house (ACH) origination and remote deposit capture. Eagle Investment Group (EIG), a division of the Bank, offers both a trust department and investment services.
