Colony Bankcorp promotes Derek Shelnutt to EVP and CFO effective Jan 23

COLONY BANKCORP INC

Shelnutt appointed Executive VP & CFO of Colony Bankcorp; annual salary $205,000.
Previously served as SVP & Chief Accounting Officer since May 2022; CFO of Colony Bank since July 2023.
Over 10 years financial services experience; holds CPA in Georgia and South Carolina.
Existing employment agreement with the Bank dated July 1, 2023 remains unchanged.

item 5.02 item 9.01

Executive movements

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Appointed

Derek Shelnutt

Executive Vice President and Chief Financial Officer

CBAN · COLONY BANKCORP INC

Effective: 2024-01-23
Filed: January 23, 2024, 6:59 PM ET

On January 18, 2024, Colony Bankcorp, Inc. (the “Company”), named Mr. Derek Shelnutt, the current Chief Accounting Officer of the Company and Chief Financial Officer of Colony Bank (the “Bank”), as Executive Vice President and Chief Financial Officer of the Company effective January 23, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Derek Shelnutt was named as Executive Vice President and Chief Financial Officer at COLONY BANKCORP INC.

Action: named
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On January 18, 2024, Colony Bankcorp, Inc. (the “Company”), named Mr. Derek Shelnutt, the current Chief Accounting Officer of the Company and Chief Financial Officer of Colony Bank (the “Bank”), as Executive Vice President and Chief Financial Officer of the Company effective January 23, 2024.

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Source: SEC EDGAR

accession 0000711669-24-000004

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