11/20/2024 | Press release | Distributed by Public on 11/20/2024 15:15
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) | Director Retirement. |
On November 20, 2024, Marisa Shockley notified the Board of Directors (the "Board") of First United Corporation (the "Corporation") that, effective December 1, 2024, she will retire from the Board and from the Board of Directors of First United Bank & Trust (the "Bank Board"). Ms. Shockley's decision to retire from the Board and the Bank Board was driven by her recent retirement from her family business and her desire to pursue personal interests. Her decision was not due to any disagreement with the Board or the Corporation on any matter relating to the Corporation's operations, policies, or practices.