MICHAEL J. RICE - Corporate Board Profile

ORRSTOWN FINANCIAL SERVICES INC

Filing Date	Source Excerpt
2019-03-22	Michael J. Rice - 57, joined the Boards of Directors in October of 2018 concurrent with the closing of the Company's acquisition of Mercersburg Financial Corporation ("Mercersburg"). He is the Vice President / Manager of Mt. Parnell Fisheries, Inc., a producer and international marketer of ornamental goldfish and koi carp. Prior to his appointment to the boards of directors of the Company and the Bank, he served more than 10 years on the boards of Mercersburg and its wholly owned bank subsidiary. The Board of Directors values Mr. Rice's experience on a community banking board and his long tenure as an active participant in the business community in Franklin County. 2018 DIRECTOR COMPENSATION TABLE Michael J. Rice $13,250 Fees Earned or Paid in Cash, $0 Stock Awards, $0 Option Awards, $0 Non-Equity Incentive Plan Compensation, $0 Change in Pension Value and Nonqualified Deferred Compensation Earnings, $0 All Other Compensation, $13,250 Total.
2020-03-24	Michael J. Rice - 58, joined the Boards of Directors of the Company and the Bank in October, 2018, concurrent with the closing of the Company's acquisition of Mercersburg Financial Corporation ("Mercersburg"). He is the President of Mt. Parnell Fisheries, Inc., a producer and international marketer of ornamental goldfish and koi carp. Prior to his appointment to the boards of directors of the Company and the Bank, he served more than 10 years on the boards of Mercersburg and its wholly owned bank subsidiary. The Board of Directors values Mr. Rice's experience on a community banking board and his long tenure as an active participant in the business community in Franklin County. The Nominating and Governance Committee members at the end of 2019 were Glenn W. Snoke (Chair), Andrea Pugh Thomas D. Longenecker, Michael Rice, and Joel R. Zullinger. Each Director serving on the Nominating and Governance Committee has been determined to be independent, an outside director and a non-employee director.
2021-03-26	Michael J. Rice - 59, joined the Boards of Directors of the Company and the Bank in October, 2018. The Nominating and Governance Committee at the end of 2020 were Glenn W. Snoke (Chair), Thomas D. Longenecker, Andrea L. Pugh, Michael J. Rice and Joel R. Zullinger. 2020 DIRECTOR COMPENSATION TABLE shows Michael J. Rice total compensation as $66,608.
2022-03-25	Michael J. Rice - 60, joined the Boards of Directors of the Company and the Bank in 2018 concurrent with the closing of the Company's acquisition of Mercersburg Financial Corporation ("Mercersburg"). ... The members of the Compensation Committee during 2021 were Floyd E. Stoner (Chair), Michael J. Rice, Glenn W. Snoke, and Joel R. Zullinger, each of whom the Board of Directors has determined to be independent, an outside director and a non-employee director. ... The Nominating and Governance Committee during 2021 were Glenn W. Snoke (Chair), Andrea L. Pugh, Michael J. Rice and Joel R. Zullinger. ... 2021 DIRECTOR COMPENSATION TABLE ... Michael J. Rice 26,500 50,169 26mdash; 26mdash; 26mdash; 26mdash; 76,669
2024-03-22	Michael J. Rice - 62, joined the Boards of Directors of the Company and the Bank in 2018. Members of the Compensation Committee during 2023 were Michael J. Rice (Chair), Meera R. Modi, Glenn W. Snoke, and Joel R. Zullinger. Members of the Nominating and Governance Committee during 2023 were Glenn W. Snoke (Chair), Andrea L. Pugh, Michael J. Rice and Joel R. Zullinger. The 2023 DIRECTOR COMPENSATION TABLE shows Michael J. Rice's total compensation as $72,050.
2025-04-04	Michael J. Rice - 63, joined the Boards of Directors of the Company and the Bank in 2018 concurrent with the closing of the Company's acquisition of Mercersburg Financial Corporation ("Mercersburg"). He is the President of Mt. Parnell Fisheries, Co., a producer and international marketer of ornamental goldfish and koi carp.