Sandy Spring in Md. Loses Credit Chief

By Chris Cumming October 04, 2013, 12:56 p.m. EDT 1 Min Read

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The chief credit officer of Sandy Spring Bancorp (SASR) in Olney, Md., has left the company.

Jeffrey Welch resigned from the $4.1 billion-asset lender at the end of August, the company disclosed in a regulatory filing Friday. No successor was named.

Sandy Spring will continue to pay Welch a salary and offer him health benefits through August 2014, the filing said.

Welch, 53, had been Sandy Spring's chief credit officer since 2008.

Chris Cumming

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