---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-21-000305"
form_type: "8-K"
ticker: "TBBK"
cik: "0001295401"
company_name: "Bancorp, Inc."
filed_at: "2021-10-20T23:59:59+00:00"
generated_at: "2026-06-28T19:33:45.755917+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bancorp Chairman Cohen retires Oct 31; McEntee named Chair; Creuzot appointed director; $60M buyback

## Summary
- Daniel G. Cohen resigns as Chairman and employee effective Oct 31, 2021; receives $600K retirement bonus and accelerated RSU vesting.
- James J. McEntee III appointed Chairman effective Nov 1, 2021; Cheryl Creuzot appointed to Board same date.
- Director John C. Chrystal resigns effective Feb 28, 2022; no disagreement cited.
- Board authorized $15M per quarter stock repurchase for FY2022, up to $60M total.

## SEC filing metadata
- accession: 0000950159-21-000305
- form_type: 8-K
- ticker: TBBK
- cik: 0001295401
- company_name: Bancorp, Inc.
- filed_at: 2021-10-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000305/0000950159-21-000305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000305/bancorp8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-21-000305
- JSON: https://secwatch.observer/filing/0000950159-21-000305.json
- Plain text: https://secwatch.observer/filing/0000950159-21-000305.txt

## Key facts
- Executive change
  Daniel G. Cohen retired as Chairman of the Board at Bancorp, Inc..
  - Action: retired
  - Role: Chairman of the Board
  source text: On October 20, 2021, the Board received notification from director Daniel G. Cohen of his plan to simultaneously retire from the Board and the Company effective October 31, 2021, thereby terminating his employment, his directorship and his role as Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000305/0000950159-21-000305-index.htm
- Executive change
  John C. Chrystal resigned as director at Bancorp, Inc..
  - Action: resigned
  - Role: director
  source text: Also on October 20, 2021, the Board received notification from director John C. Chrystal of his plan to resign from his role as a director of the Company, effective February 28, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000305/0000950159-21-000305-index.htm
- Executive change
  James J. McEntee III was appointed as Chairman at Bancorp, Inc..
  - Action: appointed
  - Role: Chairman
  source text: The Company’s Board of Directors has appointed director James J. McEntee III to succeed Mr. Cohen as its new Chairman, effective November 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000305/0000950159-21-000305-index.htm
- Executive change
  Cheryl Creuzot was appointed as director at Bancorp, Inc..
  - Action: appointed
  - Role: director
  source text: On October 20, 2021 the Board named Cheryl Creuzot as a director of the Company, to be effective on November 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295401/000095015921000305/0000950159-21-000305-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.