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Eagle Bancorp Chair Norm Pozez Announces Departure

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Eagle Bancorp Chair Norm Pozez Announces Departure

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Eagle Bancorp ( (EGBN) ) has issued an update.

On February 5, 2025, Norm Pozez, the Executive Chair of Eagle Bancorp, Inc., announced he will not seek re-election to the Board of Directors at the end of his term, expiring at the 2025 Annual Meeting. His decision was not due to any disputes with the company’s operations or policies. Despite his departure, his performance-based and time-based restricted stock units will continue to vest as per the original schedule. Susan Riel, currently a director and the President and CEO, will succeed him as Chair of the Board. Additionally, Eric Newell and Ryan Riel have been promoted to Senior Executive Vice Presidents, with further details on their roles expected soon.

More about Eagle Bancorp

YTD Price Performance: -0.23%

Average Trading Volume: 239,052

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $790.1M

Find detailed analytics on EGBN stock on TipRanks’ Stock Analysis page.

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