Mark A. Hughes is the Executive Vice President and Chief Financial Officer of Citizens & Northern Corporation. He brings a solid background in finance, having served a significant role since 2000, first as Treasurer and then transitioning to CEO and...
Mark A. Hughes is the Executive Vice President and Chief Financial Officer of Citizens & Northern Corporation. He brings a solid background in finance, having served a significant role since 2000, first as Treasurer and then transitioning to CEO and Interim President during a crucial company period. In 2014, he took up the position of Interim President and CEO after the retirement of his predecessor. Under his temporary leadership, the company focused on performance targets, which included rewards linked to the average return on equity compared to its peers. Mark holds a degree from Lycoming College and is a certified public accountant. His management style emphasizes aligning executive goals with the company's strategic objectives, which reflects in his compensation structure - tying bonuses and stock grants to performance metrics. Interestingly, he has faced fluctuations in his compensation, earning significantly more in bonuses in 2014, while his overall compensation decreased in subsequent years. His experience and analytical approach continue to drive the company's operations while navigating changes in the banking landscape.