FVCBankcorp Inc.
09/10/2024 | Press release | Distributed by Public on 09/10/2024 14:28
Management Change/Compensation Form 8 K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On September 9, 2024, B. Todd Dempsey, Executive Vice President and Chief Operating Officer ("COO") of FVCBankcorp, Inc. (the "Company") and its wholly owned subsidiary FVCbank (the "Bank"), notified the Company of his intent to retire from the Company and the Bank effective November 1, 2024, and will step down as COO on that date.
As COO, Mr. Dempsey oversees the support function of the Bank including information technology, deposit operations, loan operations, cash management and facilities management. Mr. Dempsey's retirement has provided the Bank an opportunity to elevate certain key members of the Bank who will be handling these responsibilities going forward.
David W. Pijor, Chairman and Chief Executive Officer of the Company, said, "Todd has been an invaluable member of the FVCbank team and has significantly contributed to our success. Todd was instrumental in forming FVCbank, having joined us at our inception. He held various positions within our organization including Chief Credit Officer and over the last 12 years as Chief Operating Officer. We thank him for his years of service to FVCbank and wish him the all the best in his retirement."