JAMES M. FUREY, II - Corporate Board Profile

PENNS WOODS BANCORP INC

Filing Date	Source Excerpt
2004-03-15	James M. Furey, II serves on the Audit, Compensation & Benefits, and Asset Liability Committees. All directors of the Bank receive $650.00 for each meeting of the Board of Directors and $300.00 for each committee meeting of the Board of Directors of the Bank. A $3,000 retainer fee was also paid to each Director of the Corporation during 2003.
2007-03-20	James M. Furey, II $ 29,200 Fees Paid in Cash, $ 313 All Other Compensation, Total $ 29,513
2008-03-25	All Directors of the Bank received $800 for each meeting of the Board of Directors, $500 for each Audit or Asset Liability Committee meeting, and $400 for all other committee meetings of the Board of Directors of the Bank held during 2007. A $7,000 retainer fee was also paid to each Director of the Corporation during 2007. In addition, Directors receive compensation for accompanying an officer on property appraisals at a rate of $20 for the first hour and $10 for each subsequent hour. The Secretary of the Board of Directors also receives $150 for each Board meeting. In the aggregate, the Board of Directors earned $254,400 for all Board of Directors meetings and committee meetings of the Bank attended. This total also includes the total received for appraisals, and the secretarial function. A portion of fees earned was used to fund a deferred compensation plan for the Directors who participated in the plan.
2009-03-24	James M. Furey, II received $32,400 in fees and $17 in all other compensation, totaling $32,417. He is a member of the Audit Committee.
2010-03-24	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director of the Corporation since 1990. ... The Corporation appointed the following standing committees for 2009: AUDIT: James M. Furey, II, D. Michael Hawbaker, Leroy H. Keiler, III, R. Edward Nestlerode, Jr., and James E. Plummer. ... Director Compensation Table shows James M. Furey, II received $32,800 in fees.
2011-03-22	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director of the Corporation since 1990. ... The Corporation appointed the following standing committees for 2010: AUDIT: James M. Furey, II, D. Michael Hawbaker, Leroy H. Keiler, III, R. Edward Nestlerode, Jr., James E. Plummer ... Director Compensation Table: James M. Furey, II $39,400.
2012-03-21	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director of the Corporation since 1990. ... Director Compensation Table shows James M. Furey, II received $41,200 in fees.
2014-03-27	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director since 1990.
2015-03-25	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director since 1990. Through Mr. Furey’s professional experience in the lumber industry, which is significant in the Williamsport region, he has developed strong ties to the community. From these community relationships, Mr. Furey provides the board with insight as to the growth opportunities and real estate industry within the Williamsport region.
2016-03-23	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director since 1990.
2017-03-24	James M. Furey, II is President and owner of Eastern Wood Products. Mr. Furey has served as a director since 1990. ... Directors who are also employees of the Corporation (currently Mr. Grafmyre and Mr. Knepp) do not receive any separate compensation for serving as a director of the Corporation or the Banks. ... The Corporation pays a retainer fee to each director of the Corporation of $28,000. In addition, JSSB and Luzerne pay a retainer fee to each director of $25,000 and $22,000, respectively. Mr. Nestlerode received $5,000 for serving as Chairman of the Board for the Corporation and Mr. Furey and Mr. Kluger each received $5,000 for serving as Chairman of the Board for JSSB and Luzerne, respectively. ... James M. Furey, II $58,000 total compensation.
2018-03-23	James M. Furey, II is the retired President and former owner of Eastern Wood Products. Mr. Furey has served as a director since 1990. Through Mr. Furey’s professional experience in the lumber industry, which is significant in the Williamsport region, he has developed strong ties to the community.
2019-03-22	James M. Furey, II (age 71) ... Mr. Furey’s professional experience in the lumber industry ... The board of directors maintained the following standing committees for 2018 ... COMPENSATION: James M. Furey, II ... AUDIT: James M. Furey, II ... ASSET LIABILITY COMMITTEE: James M. Furey, II ... EXECUTIVE: James M. Furey, II ... NOMINATING AND CORPORATE GOVERNANCE: James M. Furey, II ... Director Compensation Table ... James M. Furey, II $60,500.
2020-03-23	James M. Furey, II is the retired President and former owner of Eastern Wood Products. Mr. Furey has served as a director since 1990.
2021-03-23	James M. Furey, II is the retired President and former owner of Eastern Wood Products. Mr. Furey has served as a director since 1990.
2022-03-24	James M. Furey, II is the retired President and former owner of Eastern Wood Products. Mr. Furey has served as a director since 1990. Through Mr. Furey’s professional experience in the lumber industry, which is significant in the Williamsport region, he has developed strong ties to the community. From these community relationships, Mr. Furey provides the board with insight as to the growth opportunities and real estate industry within the Williamsport region.
2022-09-06	James M. Furey, II Retired President & Former Owner of Eastern Wood Products
2023-03-24	James M. Furey, II is Retired President & Former Owner of Eastern Wood Products. Director Compensation Table shows total compensation of $58,000 for 2022.