F&M Bank names Kevin Sauder as chairman, Andrew Briggs steps down

F&M Bank (owned by Farmers & Merchants Bancorp, Inc. (NASDAQ: FMAO))announced that Andrew Briggs will step down as Chairman of the Board as part of a transition plan he initiated. Kevin J. Sauder, currently Vice Chairman, will assume the chairman role effective immediately.

Briggs, who served on the board for seven years and as Chairman since 2024, will continue as a director through his retirement from the board in 2026. He will work with Sauder to ensure continuity during the transition period.

Sauder has been a board member since 2004 and is the retired President and CEO of Sauder Woodworking Co. The bank said he brings extensive leadership experience and community ties to the position.

"Andrew's guidance has been instrumental in helping F&M expand our footprint and deepen our community relationships," said Lars B. Eller, President and CEO of F&M Bank. "Kevin is a thoughtful, strategic leader who understands the importance of relationship banking in the communities we serve."

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