Plumas Bancorp (NASDAQ:PLBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements ofCertain Officers.
(b) Director Retirement
Today Plumas Bancorp (the “Company”) announced the retirement of Alvin Blickenstaff and Arthur Grohs effective December 31, 2016, as required by the age-based retirement policy in the Company’s Corporate Governance Guidelines. Both Messrs. Blickenstaff and Grohs have been Directors since 1988.
