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F&M Bank appoints new director as board chair steps down

Farmers & Merchants Bancorp’s board transitions as Andrew Briggs concludes seven-year tenure, with Gregory Allen set to assume chairman role in September. Stock dipped 0.91% on the news.

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Priya Anand · Equities & Earnings Desk · 30 Aug 2026 · 18:46 · 1 min read
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F&M Bank appoints new director as board chair steps down

Farmers & Merchants Bancorp (NASDAQ: FMAO) announced a board transition as Chairman Andrew J. Briggs concluded his seven-year tenure, including a one-year term as chair that ended on August 25, 2026.

Gregory R. Allen will succeed Briggs, with his first board meeting scheduled for September 29, 2026. Allen brings over four decades of experience in community banking and economic development, including executive roles at WesBanco, The Ohio Bank, and Society Bank & Trust. He currently serves as Executive Director of the Fostoria Economic Development Corporation, the Fostoria Learning Center, and the Seneca County Land Reutilization Corporation.

F&M Bank, a subsidiary of Farmers & Merchants Bancorp based in Archbold, Ohio, has operated since 1897 and provides commercial and retail banking services across Ohio, northeast Indiana, and Michigan’s Oakland County.

Shares of FMAO closed at $33.68 on August 25, 2026, down $0.31, or 0.91%, following the announcement.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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