WILLARDS, MD / ACCESSWIRE / April 26, 2024 / Farmers Bank Of Willards, a pillar of community banking since 1925, has announced a significant leadership transition. Christopher F. Davis, the current President and CEO, is set to retire effective September 9, 2025. This announcement marks the culmination of Christopher’s 22-year tenure as President/CEO and an impressive 27 years of service on the Bank of Willards Board of Directors.
To ensure a smooth handover, Christopher Davis will transition to the role of Chief Executive Officer (CEO) starting June 1, 2024. In this capacity, he will continue to guide the Bank of Willards, leveraging his extensive experience and strategic insight until his official retirement. This strategic move underscores the bank’s commitment to stability and continued success during this period of change.
Simultaneously, the Farmers Bank of Willards Board of Directors has appointed Matthew Davis, the current Chief Strategy Officer, as the sixth President of the Farmers Bank of Willards. Matthew Davis joined the institution in 2017 and brings a robust background with a proven record of achievement across diverse sectors. His expertise in banking, corporate finance, and technology positions him ideally to drive innovation and growth at Farmers Bank of Willards in the evolving local market. Matthew Davis will officially assume his role as President on June 1, 2024, working closely with Christopher Davis and the executive team to facilitate a seamless transition.
Matthew Davis is deeply rooted in the community, hailing from Salisbury, MD, and a 2005 graduate of Parkside High School. He holds a M.S. degree in Finance and Accounting from the esteemed Calloway School of Business and Accountancy at Wake Forest University. Since returning to the Eastern Shore in 2017, Matthew has resided in Millsboro, DE, with his family.
Lois A. Sirman, Chairman of the Board of Directors, conveyed her confidence in the future leadership: “Our institution is exceedingly confident in the capabilities of both Christopher and Matthew to propel our company forward and enhance value for our stakeholders. The future of the Bank of Willards is bright, and we eagerly anticipate this new chapter.”
About Farmers Bank of Willards
Established in 1925, Farmers Bank of Willards, often referred to as Bank of Willards, provides a comprehensive suite of consumer and commercial banking services accessible through both traditional branch locations and advanced mobile platforms. The Bank of Willards operates 7 retail banking locations strategically positioned within the lower Delmarva Peninsula, encompassing Wicomico and Worcester Counties in Maryland, and Sussex County in Delaware. This local presence reinforces its commitment to serving the financial needs of the community.
Contact
Christopher F. Davis, President and Chief Executive Officer
410-835-2482, fbwbank.com
SOURCE: Farmers Bank of Willards
