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SAL > SEC Filings for SAL > Form 8-K on 15-Jul-2009All Recent SEC Filings

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Form 8-K for SALISBURY BANCORP INC


15-Jul-2009

Change in Directors or Principal Officers, Financial Statements and Exhibit


Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers.

(b) Salisbury Bancorp, Inc. (the "Company") announced with sadness that on July 7, 2009, Mr. John F. Foley, the Company's Chief Financial Officer, Treasurer and Secretary, unexpectedly passed away. Mr. Foley had been an officer of the Company since 1998 and of Salisbury Bank and Trust Company since 1986. Further information is provided in the press release attached hereto.

Effective July 13, 2009, the Company appointed Richard J. Cantele, Jr., the Company's President and Chief Executive Officer, to serve on an interim basis in the additional capacities of Chief Financial Officer and Chief Accounting Officer until such time as the Board appoints another individual to serve in such capacities. Mr. Cantele, 50, has served as an executive officer of the Company since June 2001.



Item 9.01 Financial Statements and Exhibits.

(a) Not Applicable.

(b) Not Applicable.

(c) Not Applicable.

(d) Exhibits.

Exhibit 99.1 Press release dated July 13, 2009.

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