R. EDWARD NESTLERODE, JR. - Corporate Board Profile

PENNS WOODS BANCORP INC

Filing Date	Source Excerpt
2004-03-15	R. Edward Nestlerode, Jr. serves on the Audit, Building, Executive, and Compensation & Benefits 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	R. Edward Nestlerode, Jr. $ 25,600 Fees Paid in Cash, Total $ 25,600
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	R. Edward Nestlerode, Jr. received $29,600 in fees. He is a member of the Audit Committee and Compensation and Benefits Committee.
2010-03-24	R. Edward Nestlerode, Jr. is a Vice President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director of the Corporation since 1995. ... 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 R. Edward Nestlerode, Jr. received $28,300 in fees.
2011-03-22	R. Edward Nestlerode, Jr. is a Vice President and Chief Executive Officer of Nestlerode Contracting Co., Inc. ... Mr. Nestlerode has served as a director of the Corporation since 1995. ... 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: R. Edward Nestlerode, Jr. $36,600.
2012-03-21	R. Edward Nestlerode, Jr. is a Vice President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director of the Corporation since 1995. ... Director Compensation Table shows R. Edward Nestlerode, Jr. received $37,700 in fees.
2014-03-27	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is Vice President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director since 1995.
2015-03-25	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is Vice President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director since 1995.
2016-03-23	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is Vice President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director since 1995.
2017-03-24	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation. ... Mr. Nestlerode received $5,000 for serving as Chairman of the Board for the Corporation. ... R. Edward Nestlerode, Jr. $58,000 total compensation.
2018-03-23	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is President and Chief Executive Officer of Nestlerode Contracting Co., Inc., which specializes in bridge building. Mr. Nestlerode has served as a director since 1995.
2019-03-22	R. Edward Nestlerode, Jr. (age 66) ... Chairman of the Board ... The board of directors maintained the following standing committees for 2018 ... COMPENSATION: R. Edward Nestlerode, Jr. ... AUDIT: R. Edward Nestlerode, Jr. ... ASSET LIABILITY COMMITTEE: R. Edward Nestlerode, Jr. ... EXECUTIVE: R. Edward Nestlerode, Jr. ... NOMINATING AND CORPORATE GOVERNANCE: R. Edward Nestlerode, Jr. ... Director Compensation Table ... R. Edward Nestlerode, Jr. $69,250 ... Chairman of the Board and the Audit Committee Chairman retainers were increased from $5,000 to $7,500 annually following the second quarter of 2018.
2020-03-23	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director since 1995.
2021-03-23	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is President and Chief Executive Officer of Nestlerode Contracting Co., Inc. Mr. Nestlerode has served as a director since 1995.
2022-03-24	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation and is President and Chief Executive Officer of Nestlerode Contracting Co., Inc., which specializes in bridge building. Mr. Nestlerode has served as a director since 1995. Mr. Nestlerode maintains strong community ties in the Clinton County area, which is a region that the Corporation intends to grow its business. Through his business, Mr. Nestlerode has developed knowledge of the construction industry, which provides the board with insight regarding the development of potential customer relationships and opportunities. In addition, Mr. Nestlerode’s previous experience as a Chief Financial Officer is valuable as a member of the Audit Committee.
2022-09-06	R. Edward Nestlerode, Jr. Chairman of the Board of the Corporation, President and Chief Executive Officer of Nestlerode Contracting Co., Inc.
2023-03-24	R. Edward Nestlerode, Jr. is the Chairman of the Board of the Corporation. Director Compensation Table shows total compensation of $65,500 for 2022.
2024-03-26	R. Edward Nestlerode, Jr. is Chairman of the Board and President and CEO of Nestlerode Contracting Co., Inc.