Eagle Bancorp (EGBN) has issued an update.
Eagle Bancorp, Inc. has bolstered its Board of Directors with the election of Louis P. “Pete” Mathews Jr., an experienced banking professional with a substantial career, particularly in commercial real estate. Declared independent under Nasdaq and federal regulations, Mathews also joins the Asset Quality Subcommittee of the Risk Committee. His appointment expands the Board to ten directors, and he will be compensated in line with the company’s established non-employee director rates. His extensive background includes senior roles at M&T Bank and active involvement with charitable organizations.
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