Orrstown Financial Services in Harrisburg, Pa., disclosed that the successor to its CEO is leaving.
The $3.2 billion-asset company said in a regulatory filing that Craig Kauffman will retire as chief operating officer on Sept. 30. Orrstown said his departure “is for personal reasons and is not a result of any disagreement with the company.”
Kauffman was CEO of Codurus Valley Bancorp, which was sold to Orrstown earlier this year. Kauffman was set to succeed Thomas Quinn as Orrstown’s president and CEO in mid-2025.
Orrstown said that, as a result of Kauffman’s retirement, it had extended Quinn’s retirement date to May 2026.