Eagle Bancorp,Inc. (NASDAQ:EGBN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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Eagle Bancorp,Inc. (NASDAQ:EGBN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Executive Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October6, 2017, Susan G. Riel, the Executive Vice President and Chief Operating Officer of Eagle Bancorp,Inc. and Senior Executive Vice President and Chief Operating Officer of Eagle Bank, was appointed to fill a newly created vacancy in the Company’s Board of Directors.

There are no arrangements or understandings between Ms.Riel and any other person to which she was selected as director and there are no material transactions between Ms.Riel and the Company. Ms.Riel is a party to an Employment Agreement dated as of January31, 2017 with EagleBank, a Non-Compete Agreement dated as of August1, 2014 with EagleBank, and a Supplemental Executive Retirement Plan Agreement dated as of June25, 2013 with EagleBank, each of which shall continue in full force and effect following her appointment as a director.

Item 9.01.

Financial Statements and Exhibits

(d) Exhibits.

99.1

Press Release dated October13, 2017


EAGLE BANCORP INC Exhibit
EX-99.1 2 a17-23961_1ex99d1.htm EX-99.1 Exhibit 99.1     For Immediate Release October 13,…
To view the full exhibit click here

About Eagle Bancorp,Inc. (NASDAQ:EGBN)

Eagle Bancorp, Inc. is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank, which operates over 20 banking offices in Montgomery County, Maryland; District of Columbia, and Northern Virginia. The Bank offers a range of commercial banking services to its business and professional clients, as well as consumer banking services to individuals living or working in the service area. The Bank also provides commercial banking services. The Bank’s loan portfolio includes traditional business and real estate secured loans. The Bank offers a range of retail banking services, cash management, online banking, mobile banking and remote deposit services. The Company maintains a portfolio of short term investments and investment securities. The Bank’s sources of funds are deposits, including demand deposits, negotiable order of withdrawal accounts, money market accounts and savings accounts.