KEVIN M. LAMONT - Corporate Board Profile

NORWOOD FINANCIAL CORP

Filing Date	Source Excerpt
2012-03-23	The Audit Committee is comprised of Directors Forte, Phillips, Matergia and Gumble-Cottell.
2013-03-22	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Company’s acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. The Audit Committee is comprised of Directors Forte, Phillips, Matergia and Gumble-Cottell.
2014-03-21	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Company’s acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. His participation in our local community for over 34 years brings knowledge of the local economy and business opportunities for the Bank.
2015-03-27	Kevin M. Lamont, Director, age 56, compensation total $43,574.
2016-03-23	Audit Committee. The Audit Committee is comprised of Directors Forte, Phillips, Matergia and Gumble. The Board of Directors has determined that each of the members of the Audit Committee is independent in accordance with the listing requirements for The Nasdaq Global Market. The Board of Directors has adopted a charter for the Audit Committee which is available on the Stockholder Services page of our website at www.waynebank.com/stockholder-services. The Audit Committee is a standing committee and, among other matters, is responsible for developing and maintaining the Company’s audit program. The Audit Committee also meets with the Company’s independent auditors to discuss the results of the annual audit and any related matters. The Audit Committee met four times during the fiscal year ended December 31, 2015.
2017-03-24	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Company's acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. His participation in our local community for over 37 years brings knowledge of the local economy and business opportunities for the Bank.
2018-03-23	Kevin M. LamontDirector Age 59 2011 2020 128,207 2.0% Compensation Committee, Nominating Committee, Fees Earned or Paid in Cash $39,900, Stock Awards $1,640, Option Awards $6,830, All Other Compensation $107, Total $48,478
2019-03-22	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Company’s acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. His participation in our local community for over 39 years brings knowledge of the local economy and business opportunities for the Bank. The Compensation Committee consists of Directors Lamont, Matergia, Davis and Adams. The Nominating Committee consists of Directors Lamont, Matergia, Davis and Adams. Director Compensation table shows Kevin M. Lamont earned $71,399 in total compensation in 2018.
2021-03-26	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Companys acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. His participation in our local community for over 41 years brings knowledge of the local economy and business opportunities for the Bank.
2022-03-25	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Companys acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. His participation in our local community for over 42 years brings knowledge of the local economy and business opportunities for the Bank. The Compensation Committee consists of Directors Lamont, Matergia, Davis and Adams. The Nominating Committee consists of Directors Lamont, Matergia, Davis and Adams, each of whom is independent within the meaning of the rules of The Nasdaq Global Market. Director Compensation: Kevin M. Lamont received total compensation of $73,567 in 2021.
2023-03-24	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Company’s acquisition of North Penn Bancorp, Inc. on May 31, 2011. Prior to the merger, he served as the Chairman of the Board of North Penn Bancorp, Inc. and North Penn Bank. He is also President of Lamont Development Company, Inc. Mr. Lamont developed, owned and operated two major assisted living communities in Northeast Pennsylvania. Mr. Lamont has been a licensed Nursing Home Administrator in Pennsylvania since 1980 and has extensive experience in all aspects of business management and finance. His participation in our local community for over 43 years brings knowledge of the local economy and business opportunities for the Bank. Kevin M. Lamont received $83,900 in fees earned or paid in cash and $23,471 in stock awards for a total of $107,478 in 2022.
2024-03-15	The Compensation Committee consists of Directors Lamont, Matergia, Adams, Gifford and Nolan. The Nominating Committee consists of Directors Lamont, Matergia, Adams, Nolan and Forte.
2025-03-18	Kevin M. Lamont was appointed to the Board of Directors upon the completion of the Company’s acquisition of North Penn Bancorp, Inc. on May 31, 2011. The Compensation Committee consists of Directors Lamont, Matergia, Gifford and Nolan. The Nominating Committee consists of Directors Lamont, Matergia, Nolan and Forte. Set forth below is a table providing information concerning the compensation of the Company’s directors who are not NEOs for the fiscal year ended December 31, 2024. Kevin M. Lamont Fees Earned or Paid in Cash $85,500, Stock Awards $22,481, All Other Compensation $76, Total $108,057.