Fidelity Southern Corporation (NASDAQ:LION) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 9.01 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On February 12, 2018, Rodney D. Bullard and Gloria O’Neal were appointed to the Boards of Directors of Fidelity Southern Corporation (NASDAQ: LION) and its wholly-owned subsidiary, Fidelity Bank.

Mr. Bullard is Vice President of Community Affairs, Chick-fil-A, Inc. and Executive Director of Chick-fil-A Foundation. In addition to his Chick-fil-A, Inc. experience, he was Assistant United States Attorney for the Northern District of Georgia, and Legislative Liaison Counsel in the Office of the Secretary of the Air Force, and was also a White House Fellow in Washington, DC. Previously he was Chief of Military Justice at the Office of the Staff Judge Advocate. He received a MBA from Terry College of Business, University of Georgia, and a Juris Doctor degree from Duke University Law School, and a BS in Legal Studies at The Air Force Academy in Colorado. He is a native of DeKalb County, where Fidelity Bank was founded in 1974.

Ms. O’Neal is a community activist and former Fidelity Bank Risk Control Executive until 2014. She has far-reaching community experience. She served in the Decatur/DeKalb Business and Professional Women’s Association, and in Senior Connections. She was a board member of Rotary and served as the Club’s Secretary and Treasurer, and was a Court Appointed Special Advocate for DeKalb County. She serves on the Board of Dahlonega Baptist Church, is Treasurer of the Weekday Preschool in Dahlonega, GA, and is a member of Women’s Missionary Union (WMU) that serves not only the local community but internationally. Additionally, her experience at First Atlanta and at Fidelity Bank, where she was Internal Auditor, Operations Manager, and Executive Vice President & Chief Risk Officer gives her an acute understanding of banking. She attended Georgia State and risk management and audit-related continuing education courses.

Mr. Bullard will serve as a member of Fidelity Southern Corporation's Audit Committee. Ms. O'Neal will serve as a member of Fidelity Southern Corporation's Executive Committee. The Board has determined that Mr. Bullard and Ms. O'Neal satisfy the definition of "independent director" under the Nasdaq listing standards. In addition, there are no family relationships between Mr. Bullard and Ms. O'Neal and any director or other executive officer of Fidelity Southern Corporation or any of its subsidiaries that would be reportable as a related party transaction under the rules of the United States Securities and Exchange Commission. Further, there is no arrangement or understanding between Mr. Bullard or Ms. O'Neal and any other persons or entities to which Mr. Bullard or Ms. O'Neal were appointed as a director of Fidelity Southern Corporation or Fidelity Bank.

Upon their election, Mr. Bullard and Ms. O'Neal became entitled to be compensated in accordance with Fidelity's non-employee director compensation program as in effect from time to time. For 2018, Mr. Bullard and Ms. O'Neal are entitled to the annual director retainer of $12,000 and will also be eligible to receive $2,000 for attendance at each board meeting and $1,000 for each committee meeting attended. Mr. Bullard and Ms. O'Neal will also be eligible for equity awards.

A copy of the press release distributed by Fidelity Southern Corporation on February 15, 2018 announcing the election of Mr. Bullard and Ms. O'Neal is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

FIDELITY SOUTHERN CORP Exhibit
EX-99.1 2 ex991-february152018newboa.htm EXHIBIT 99.1 Exhibit .FOR IMMEDIATE RELEASEContact: Martha Fleming   Fidelity Southern Corporation   (404) 240-1504 FIDELITY SOUTHERN CORPORATION ELECTS TWO NEW DIRECTORS OF COMPANY AND BANKAtlanta,…
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About Fidelity Southern Corporation (NASDAQ:LION)

Fidelity Southern Corporation is a bank holding company. The Company operates in the community banking segment. It conducts its operations through its subsidiary bank, Fidelity Bank (the Bank). The Bank provides various financial products and services for retail customers and small to medium-sized businesses, primarily in Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets. It also conducts indirect automobile lending, residential mortgage lending and Small Business Administration (SBA) lending activities in over 10 states. It is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and installment loans. The Company’s subsidiary, LionMark Insurance Company is an insurance agency that offers consumer credit related insurance products.