Donald Shamey, president and CEO of NexTier Bank, will retire July 31 after four decades with the bank.
Shamey, 64, began his career at NexTier, then called Citizens National Bank, in 1974 as a management trainee after graduating from Dickinson College with a bachelor’s degree in economics.
He has been CEO since 2000 and also serves as the president of NexTier Inc., the bank’s holding company.
“I have spent the past 40 years with NexTier. It has been a great run, and I am honored to have had the opportunity to lead this organization,” Shamey said.
Rich Krauland, president and CEO of Farmers & Merchants, will take over for Shamey on Aug. 1. When the merger between the two banks is complete, Krauland will run the organization.
Eagle staff report