First United (FUNC) announced that Carissa Rodeheaver, Chairman of the Board, President, and CEO, will retire at the conclusion of the 2026 annual meeting of shareholders currently scheduled for May 7, 2026. To facilitate the succession of management, effective January 1, 2026, Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement. The Board of Directors has implemented a succession plan whereby Jason Rush, Senior Vice President & COO, will succeed Rodeheaver as President and CEO of both the Corporation and the Bank effective January 1, 2026, and the boards of directors intend to elect Rush to serve as a director of the Corporation and the Bank. Rush has served as Senior Vice President and COO of the Corporation and the Bank since January 2017 and has held various roles since joining the Bank in 1993.
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