The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Norwood Financial CEO to retire in 2022

Norwood Financial in Honesdale, Pa., is looking for a new CEO. 


The $2 billion-asset company said in a press release Monday that Lewis Critelli will also retire as its president during the first half of next year. Norwood said it had hired Kaplan Partners to help it find a successor. 

Critelli has been Norwood’s president and CEO since 2010. Under his leadership, the company completed three acquisitions and expanded into new markets in Pennsylvania and upstate New York. 

Norwood had $529 million of assets at the beginning of his tenure. 

Critelli will remain on the company’s board until 2024.

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