Auburn National Bancorporation, Inc. Elects New Director

Rhea-AI Summary

Auburn National Bancorporation (Nasdaq: AUBN) announced that Walt Conn was elected to the Board of Directors of both the company and AuburnBank on October 6, 2025. Mr. Conn, age 63, retired in 2023 after serving as Global Chief Operating Officer – Quality, Risk & Regulatory at KPMG International (2015–2023) and previously as Global Head of Audit Methodology and Implementation (2008–2015).

He served 38 years with KPMG and its predecessors, represented KPMG on the PCAOB Standing Advisory Group (2012–2015) and the Auditing Standards Board (2006–2009), holds a bachelor’s degree in accounting from Auburn University, and has served on multiple Auburn-related boards and the Arnold & Winnie Palmer Foundation.

News Market Reaction – AUBN

+1.89%

1 alert

+1.89% News Effect

On the day this news was published, AUBN gained 1.89%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUBURN, Ala., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN), the parent company of AuburnBank (the “Bank”), announced that Walt Conn was elected today to the Board of Directors for both the Company and the Bank.

“We are honored to have Mr. Conn join our team of directors,” said Robert W. Dumas, Chairman of the Company and the Bank. “His extensive experience in public accounting and risk management along with the relationships he has developed in the community and with Auburn University will bring valuable insight and knowledge to the board,” stated Mr. Dumas.

Mr. Conn, 63, was Global Chief Operating Officer – Quality, Risk & Regulatory for KPMG International from 2015 until his retirement in 2023. Prior to this, he served as Global Head of Audit Methodology and Implementation (2008 – 2015) and various other roles during his 38 years with KPMG and its predecessors. He also represented KPMG on the PCAOB’s Standing Advisory Group (2012-2015) and the Auditing Standards Board (2006-2009).

Mr. Conn holds a bachelor’s degree in accounting from Auburn University and serves on the board of directors for the Arnold & Winnie Palmer Foundation. He has previously served as director for the Auburn University Foundation, the Auburn Alumni Association, and as an advisory council member for Auburn University’s Harbert College of Business and School of Accountancy.

About Auburn National Bancorporation, Inc.

Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $1.0 billion. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System, which has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business in East Alabama, including Lee County and surrounding areas. The Bank operates seven full-service branches in Auburn, Opelika, Valley, and Notasulga, Alabama. The Bank also operates a loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.

For additional information, contact:
David A. Hedges
President and CEO
(334) 821-9200

FAQ

Who was elected to the Auburn National Bancorporation board on October 6, 2025 (AUBN)?

Walt Conn was elected to the Board of Directors of Auburn National Bancorporation and AuburnBank on October 6, 2025.

What is Walt Conn’s professional background listed in the AUBN announcement?

Mr. Conn served as Global COO – Quality, Risk & Regulatory at KPMG International (2015–2023) and held prior global audit leadership roles during a 38‑year career at KPMG and its predecessors.

What roles did Walt Conn hold with standard‑setting or oversight bodies according to the AUBN release?

He represented KPMG on the PCAOB’s Standing Advisory Group (2012–2015) and on the Auditing Standards Board (2006–2009).

What education and local affiliations does Walt Conn have as noted by AUBN?

He holds a bachelor’s degree in accounting from Auburn University and has served on boards including the Auburn University Foundation and Auburn Alumni Association.

When did Walt Conn retire from KPMG as stated in the AUBN press release?

He retired from KPMG International in 2023 after serving as Global COO – Quality, Risk & Regulatory from 2015 until retirement.

How did Auburn National’s chairman describe Walt Conn’s addition to the board (AUBN)?

The chairman said Mr. Conn’s public accounting and risk management experience and his community and Auburn University relationships will bring valuable insight to the board.