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Posted 30 June, 2023

GLEN BURNIE BANCORP appointed new CEO

CEO Change detected for ticker Nasdaq:GLBZ in a 8-K filed on 30 June, 2023.


  On June 30, 2023, John D. Long, a member of the Board of Directors and President and Chief Executive Officer of Glen Burnie Bancorp (the "Company") and its wholly-owned subsidiary, The Bank of Glen Burnie (the "Bank") since 2016, notified the Company's Board of Directors that, effective December 31, 2023, he will retire from his positions with, and as a director of, the Company and the Bank, to spend more time with family and pursue other opportunities.  

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Overview of GLEN BURNIE BANCORP
Financial Services • Banking
Glen Burnie Bancorp is a bank holding company, which engages in the provision of commercial and retail banking business through The Bank of Glen Burnie. The firm also acquires, holds, and disposes of real property, through GBB Properties, Inc. Its loan portfolio segments include Loans Secured by Real Estate, Commercial and Industrial Loans, and Consumer Loans. The company was founded in 1949 and is headquartered in Glen Burnie, MD.
Market Cap
$18.9M
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GLEN BURNIE BANCORP by TradingView
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 June 30, 2023, John D. Long, a member of the Board of Directors and President and Chief Executive Officer of Glen Burnie Bancorp (the "Company") and its wholly-owned subsidiary, The Bank of Glen Burnie (the "Bank") since 2016, notified the Company's Board of Directors that, effective December 31, 2023, he will retire from his positions with, and as a director of, the Company and the Bank, to spend more time with family and pursue other opportunities. The Board of Directors has commenced an executive search for a new President and Chief Executive Officer.