Union Bankshares: Board Chair Neil Van Dyke to retire; CEO David Silverman named new Chair

UNION BANKSHARES INC

Neil Van Dyke (72) will not stand for re-election at 2026 annual meeting due to board age limit of 72.
CEO David Silverman, retiring in July, will become Board Chair after Van Dyke's retirement.
Vice Chair Timothy Sargent appointed Lead Independent Director because Silverman is not independent.
Chair and Lead Independent Director appointments expected to be formalized at board's annual organizational meeting.

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