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Stock impact report

Summit Bank Announces Strategic Leadership Transition and New Role Creation [Yahoo! Finance]

SUMMIT BANK GROUP INC (SBKO) 
NASDAQ:AMEX Investor Relations: sbko.bank/investor-relations
Company Research Source: Yahoo! Finance
in its leadership team, marking a pivotal moment in its history. After 20 years of dedicated service as the founding Chief Financial Officer (CFO), Scott Goldstein has achieved a significant personal and professional milestone. Scott played an instrumental role in the Bank's remarkable journey throughout his tenure, supporting its growth from $1 to $1 billion since 2004. In mutual agreement with Summit Bank, Goldstein will transition to a newly established Balance Sheet Risk Officer role. He will leverage his wealth of experience and expertise to manage critical aspects of the Bank's financial operations moving forward. To ensure a seamless transition and continued future success, Chris Hemmings, former Chief Operating Officer, has been named Chief Financial Officer of Summit Bank and the Bank Holding Company, effective Thursday, April 25, coinciding with the Annual Shareholders Meeting. Hemmings brings a wealth of experience to his new role, having previously served as Controller Show less Read more
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