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Carter Bankshares Announces Director Retirement in 2025

Story Highlights
  • Director E. Warren Matthews will retire and not seek re-election at the 2025 Annual Meeting.
  • The board plans to reduce its size from 12 to 11 members after Matthews’ departure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Carter Bankshares Announces Director Retirement in 2025

Elevate Your Investing Strategy:

Carter Bankshares ( (CARE) ) just unveiled an update.

On March 18, 2025, Carter Bankshares announced that director E. Warren Matthews will retire and not stand for re-election at the company’s 2025 Annual Meeting of Shareholders scheduled for May 28, 2025. Matthews will remain a director until the end of his term at the Annual Meeting, and his decision to retire is not due to any disagreement with the company. The board plans to reduce its size from 12 to 11 members following his departure.

More about Carter Bankshares

YTD Price Performance: -3.25%

Average Trading Volume: 66,289

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $383M

For an in-depth examination of CARE stock, go to TipRanks’ Stock Analysis page.

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