QNB Names Successor as CEO Retirement Plans Advance

QNB Corp

QUAKERTOWN, PA — QNB Corp. (OTCQX: QNBC) selected Chief Operating Officer Chris Cattie as the next president of QNB Bank, formalizing a leadership succession plan tied to the planned retirement of longtime executive Dave Freeman in 2028.

Cattie will become president of QNB Bank and join the company’s board of directors effective November 1, succeeding Freeman in the bank president role while Freeman remains chief executive officer of both the bank and holding company.

The company stated that Cattie is expected to assume the roles of president and chief executive officer of both QNB Bank and QNB Corp. following Freeman’s planned retirement on December 31, 2028.

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The appointment follows what the company described as a multistage executive search process conducted with an outside recruitment firm and the board’s executive committee.

Cattie has spent more than a decade with QNB and was promoted to chief operating officer at the start of 2025.

Chief Executive Officer Dave Freeman said the company viewed the transition as part of a long-term succession strategy intended to maintain continuity within the organization.

“His vision, energy, and dedication to our customers and communities make him the ideal choice to lead QNB into the future,” Freeman stated.

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Board Chairman Randy Bimes described succession planning as one of the board’s most significant governance responsibilities.

“His experience, leadership track record, and strong connection to our mission position him to build on our success and guide the organization forward,” Bimes stated.

Cattie holds degrees from Lock Haven University and La Salle University and is a graduate of banking programs operated by the Pennsylvania Bankers Association and American Bankers Association.

The company said executive recruitment firm Smith & Wilkinson advised QNB during the search process.

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