Farmers National Bank has announced changes in its Accounting and Finance Group, as Joseph Sabat, the Chief Accounting Officer, is set to retire effective May 2nd, 2025. Sabat, who has been with the company since 2006, was promoted to the role in 2021 after previously serving as the Bank's Controller.
In response to Sabat's retirement, Sherry Commons has been named as the new Chief Accounting Officer, effective upon Sabat's retirement. Commons, who began serving as Controller of the Company in March 2025, brings over 23 years of banking experience to the role.
Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking assets. The company's wholly-owned subsidiaries include The Farmers National Bank of Canfield, which operates 62 banking locations in Ohio and Pennsylvania, and Farmers Trust Company, which operates trust offices in the same geographic markets. At March 31, 2025, the total wealth management assets under care were reported at $4.3 billion. Following these announcements, the company's shares moved 0.2%, and are now trading at a price of $12.72. If you want to know more, read the company's complete 8-K report here.
