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Posted 16 May, 2022

REPUBLIC FIRST BANCORP INC appointed new CEO

CEO Change detected for ticker Nasdaq:FRBK in a 8-K filed on 16 May, 2022.


  On May 13, 2022, the Board appointed Harry D. Madonna, Esq. to serve as Interim Chairman of the Board, replacing Vernon W. Hill, II, effective immediately. Mr. Hill remains a director on the Board and the Company's Chief Executive Officer.  

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Overview of REPUBLIC FIRST BANCORP INC
Financial Services • Banking
Republic First Bancorp, Inc. is a bank holding company, which engages in the provision of a variety of credit and depository banking services through its subsidiary. It offers checking, savings, cash management, commercial, small business administration, and commercial real estate loans, mortgages, credit, debit, and gift cards, online and mobile banking, merchant services, and mobile deposit services. The company was founded on November 16, 1987 and is headquartered in Philadelphia, PA.
Market Cap
N/A
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Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 11, 2022, Theodore J. Flocco, Jr., a director of Republic First Bancorp, Inc. (the "Company"), passed away. Mr. Flocco had served as a director of the Company since 2008. He also served on the Audit Committee and Compensation Committee of the Company's board of directors (the "Board").

 

On May 13, 2022, the Board appointed Harry D. Madonna, Esq. to serve as Interim Chairman of the Board, replacing Vernon W. Hill, II, effective immediately. Mr. Hill remains a director on the Board and the Company's Chief Executive Officer.

 

Also on May 13, 2022, Harry D. Madonna, Esq. notified the Company of his decision to resign from his position as Corporate Secretary of the Company, effective immediately. The Board appointed Lisa R. Jacobs, Esq. the same day to serve as Corporate Secretary of the Company, effective immediately.