ENB Financial will shift board Leadership on January 1, 2027, when Rachel G. Bitner becomes Chair and Joshua E. Hoffman becomes Lead Independent Director. The transition follows Main St. Stauffer’s December 31, 2026 retirement and adds a role intended to guide fiduciary, strategic and governance responsibilities.
Key Highlights
- Main St. Stauffer will leave the boards of ENB Financial and The Ephrata National Bank on December 31, 2026.
- Rachel G. Bitner is set to assume the board chair role on January 1, 2027.
- Joshua E. Hoffman will take the newly created Lead Independent Director position.
ENB Financial Corp (OTC: ENBP) is a Major Banks company. Main St. Stauffer will retire from the boards of ENB Financial and The Ephrata National Bank on December 31, 2026, alongside his previously announced departure as President and Chief Executive Officer of both organisations. The transition covers both boards.
New Lead Independent Director Position
The boards approved creation of a Lead Independent Director role on September 16, 2026. Joshua E. Hoffman was appointed to the position effective January 1, 2027. The role is intended to provide leadership as the boards carry out their fiduciary, strategic and governance responsibilities, with the stated aim of supporting the long-term health and success of ENB Financial and The Ephrata National Bank.
FAQs
Q: When will ENB Financial change its board leadership?
A: ENB Financial will implement the board leadership changes on January 1, 2027. Rachel G. Bitner will become Chair, while Joshua E. Hoffman will serve as Lead Independent Director.
Q: Who is retiring from ENB Financial’s boards?
A: Main St. Stauffer will retire from the boards of ENB Financial and The Ephrata National Bank on December 31, 2026. His board retirement coincides with his departure as President and Chief Executive Officer.
Q: What is the new Lead Independent Director role intended to do?
A: The Lead Independent Director role is intended to provide leadership for fiduciary, strategic and governance responsibilities. The stated aim is the long-term health and success of both organisations.
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