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Shore Bancshares (SHBI) in Easton, Md., has tapped a company veteran to become its chief executive.
April 17 -
Talbot Bank in Easton, Md., has signed a consent order with the Federal Deposit Insurance Corp. and its state regulator, effective Friday.
May 24 -
Executive pay packages have long been structured to reflect performance. But one key task that often gets short shrift from bank directors and CEOs is succession planning. Now pressure is mounting for that to change.
May 13
CNB in Centreville, Md.,
Allen's appointment takes effect immediately. He joined the bank $472 million-asset bank in 2011 as chief financial officer.
Lynn Payne will succeed Allen as CFO. She most recently worked as CFO at the $101 million-asset Prince George's Federal Savings Bank, which was acquired in August by Sonabank in McLean, Va.
CNB is a division of the $1 billion-asset Shore Bancshares in Easton, Md.