ACNB Corporation Selects Jason H. Weber as Successor CFO
Gettysburg, PA, Jan. 07, 2022 — ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc. headquartered in Gettysburg, PA, announced today that Jason H. Weber has been selected as the successor to ACNB Corporation and ACNB Bank Executive Vice President/Treasurer & Chief Financial Officer David W. Cathell. On September 23, 2021, the Corporation announced Mr. Cathell’s intention to retire from all of his positions with ACNB Corporation and its subsidiaries effective the close of business on May 31, 2022.
Mr. Weber of Downingtown, PA, plans to join ACNB Corporation and ACNB Bank on January 31, 2022, as Executive Vice President/Finance for the period until Mr. Cathell’s retirement. During this time, Mr. Weber will work closely with Mr. Cathell for a smooth and orderly transition of the CFO position.
“I am very pleased to welcome Mr. Weber to our leadership team,” said James P. Helt, ACNB Corporation and ACNB Bank President & Chief Executive Officer. “He brings extensive knowledge and experience in the financial services industry to ACNB Corporation and its wholly-owned subsidiaries, ACNB Bank and ACNB Insurance Services, Inc. As the Corporation positions itself for a future of organic and inorganic growth, Mr. Weber will play a pivotal role in managing the organization’s financial operations and executing on our strategic plans for continued enhancement of shareholder value.”
Mr. Weber comes to ACNB Corporation and ACNB Bank from Atlantic Community Bankers Bank in Camp Hill, PA, where he held the position of Executive Vice President and Chief Financial Officer. Prior to Atlantic Community Bankers Bank, he served as director of corporate development and financial planning and analysis at Fulton Financial Corporation in Lancaster, PA. A seasoned financial professional, Mr. Weber’s career experience ranges from balance sheet management at a large regional bank to investment banking and sell-side equity research at investment banks. He holds a Master of Business Administration degree from Drexel University, Philadelphia, PA, and a Bachelor of Business Administration degree in finance from James Madison University, Harrisonburg, VA. Mr. Weber’s professional credentials include Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM).
In alignment with the Corporation’s long-term executive management succession plans, Kaplan Partners, an executive search and board advisory firm headquartered in suburban Philadelphia, was retained and conducted the formal comprehensive search to assist with the identification of the successor for the ACNB Corporation and ACNB Bank Chief Financial Officer position.
ACNB Corporation, headquartered in Gettysburg, PA, is the $2.8 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., formerly Russell Insurance Group, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 20 community banking offices, located in the four southcentral Pennsylvania counties of Adams, Cumberland, Franklin and York, as well as loan offices in Lancaster and York, PA, and Hunt Valley, MD. As divisions of ACNB Bank operating in Maryland, FCB Bank and NWSB Bank serve the local marketplace with a network of five and six community banking offices located in Frederick County and Carroll County, MD, respectively. ACNB Insurance Services, Inc. is a full-service agency with licenses in 44 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster, Germantown and Jarrettsville, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit acnb.com.