Provident Bancorp Inc (PVBC) has released an update to notify the public and investors about its officers.
On January 25, 2024, Dennis Pollack was appointed to the Board of Directors at Provident Bancorp, Inc. and to the Compensation Committee. His appointment follows a prior position on the Board of Directors of BankProv, a subsidiary of the Company. The appointments are part of an agreement with various Stilwell entities and Joseph Stilwell. Pollack’s compensation aligns with the standard for non-employee directors as outlined in the Company’s 2023 proxy statement and includes equity awards per the Agreement. He is not involved in any transactions requiring disclosure under SEC regulations.
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