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Poage Bankshares in Ashland, Ky., has named Daniel King 3rd as its chairman.
March 24 -
Poage Bankshares in Kentucky disclosed that its chairman has died.
November 20 -
Poage Bankshares in Ashland, Ky., has agreed to acquire Commonwealth Bank in Mount Sterling, Ky.
September 10 -
Poage Bankshares (PBSK) has fended off a proxy challenge from activist investor Joseph Stilwell.
May 27
Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.
The $433 million-asset company on Friday named Bruce VanHorn its president and chief executive, according to a Monday regulatory filing. VanHorn, 60, had been president of Poage's Town Square Bank and he will retain that title. VanHorn joined Poage when it
Joseph Stilwell, a New York activist investor, had opposed the company's acquisition of Town Square, saying he thought Poage should instead sell itself.
Stilwell in 2014 nominated Stephen Burchett, an attorney with the Ashland firm Offutt Nord Burchett, to Poage's board. Burchett
A representative for Stilwell Holdings declined to comment on Tuesday.
Coffman had served as Poage's CEO since May 2012. He had previously been interim CEO at First Security Group in Chattanooga, Tenn.
Poage will pay Coffman $89,208 in severance and also pay his medical and dental insurance premiums through the end of the year.