
FOR IMMEDIATE RELEASE
QNB Corp. Announces President Succession Plan
Chris Cattie Named Next President of QNB Bank
Quakertown, PA, May 13, 2026 (GLOBE NEWSWIRE) — QNB Corp. (“QNB”) (OTCQX: QNBC), the holding company for QNB Bank, announced today a key milestone in its long-term leadership succession planning. Following a comprehensive executive search process and Board review, Chris Cattie has been selected as the next President of QNB Bank.
Mr. Cattie will assume the role of Bank President and join the Board of Directors of QNB Corp., effective November 1, 2026. He will succeed current President Dave Freeman, who will remain as Chief Executive Officer of the Bank. Mr. Freeman will also continue to serve as President and Chief Executive Officer of the Company. It is expected that Mr. Cattie will assume the roles of President and Chief Executive Officer of both the Bank and the Company upon Mr. Freeman’s planned retirement on December 31, 2028, following a distinguished career with the organization. Mr. Cattie will serve as the Bank’s eighth president in its 149 years of community banking.
The selection follows a rigorous search conducted by an executive search firm in partnership with the Board’s Executive Committee, culminating in final interviews with several highly qualified candidates by the full Board of Directors.
Mr. Cattie has been a member of the QNB leadership team for more than 10 years, during which he has consistently delivered strong results while taking on increasing responsibilities. Most recently, he was appointed Chief Operating Officer on January 1, 2025.
“Chris has demonstrated exceptional leadership, a deep commitment to our culture, and a proven ability to drive results,” said Dave Freeman, President of QNB Bank, continuing, “his vision, energy, and dedication to our customers and communities make him the ideal choice to lead QNB into the future. I look forward to working closely with Chris and our Board to ensure a seamless and thoughtful transition.”
Mr. Cattie has a Bachelor of Science in Accounting & Management from Lock Haven University and an MBA in Management Information Systems from La Salle University. He is also a graduate