TRISTATE CAPITAL HOLDINGS, INC. (NASDAQ:TSC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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(b) |
On August21, 2017, TriState Capital Holdings, Inc. (the “Company”) issued a press release which announced that David J. Demas, CPA, has joined the company as executive vice president of finance and, upon the completion of a four-month transition period, will on January 1, 2018, succeed Mark L. Sullivan as chief financial officer. Mr. Sullivan will continue serving as vice chairman and a director of the company after transitioning out of his role as chief financial officer. A copy of the press release is included as Exhibit 99 to this report, which is incorporated into this report by reference. |
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(c) |
The disclosure made in Item (b) above is incorporated herein by reference. |
Mr. Demas has no family relationships with any current director or executive officer of the Company, and there are no transactions or proposed transactions to which the Company is a party, or intended to be a party, in which Mr. Demas has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K. Mr. Demas was not chosen to succeed Mr. Sullivan as the Company’s chief financial officer to any arrangement or understanding with any other person.
Item 9.01.Financial Statements and Exhibits.
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Press release dated August21, 2017, filed herewith, for item 5.02. |
TriState Capital Holdings, Inc. ExhibitEX-99 2 tsc-release08x21x2017ex99.htm EXHIBIT 99 Exhibit EXHIBIT 99FOR IMMEDIATE RELEASE TRISTATE CAPITAL ANNOUNCES APPOINTMENT OF DAVID DEMAS AS EVP OF FINANCE AND CFO TRANSITION PLANMark Sullivan will continue serving as vice chairman and a director when he is succeeded by Demas as chief financial officer on January 1,…To view the full exhibit click here
About TRISTATE CAPITAL HOLDINGS, INC. (NASDAQ:TSC)
TriState Capital Holdings, Inc. is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, Inc. (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management. The Bank segment provides commercial banking and private banking services through the Bank. The Investment Management segment provides advisory and sub-advisory investment management services to primarily institutional plan sponsors through Chartwell, and also provides distribution and marketing services for Chartwell’s investment products through CTSC Securities. The Company’s cash management services include online balance reporting, online bill payment, remote deposit, liquidity services, wire and Automated Clearing House (ACH) services, foreign exchange and controlled disbursement.