Wednesday, July 31, 2019

Old Line Bank director abruptly resigns ahead of WesBanco merger

Old Line Bancshares Inc. (NASDAQ: OLBK) director Eric Hovde has resigned from both boards of the Bowie-based parent company and bank ahead of its planned $500 million sale to Wheeling, West Virginia-based WesBanco Inc. (NASDAQ: WSBC), according to Securities and Exchange Commission filings. “Effective immediately, I hereby resign as a Director from the Boards of Old Line Bancshares and Old Line Bank,” Hovde, who is also a major shareholder, wrote in a July 24 letter to Old Line Chairman Craig Clark…



from https://www.bizjournals.com/baltimore/news/2019/07/31/old-line-bank-director-abruptly-resigns-ahead-of.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186675352377

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