---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001216"
form_type: "8-K"
ticker: "BKSC"
cik: "0001007273"
company_name: "BANK OF SOUTH CAROLINA CORP"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:41:43.326204+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bank of South Carolina CEO Hassell to retire Sept 30, 2023; CFO Walpole to succeed

## Summary
- Fleetwood S. Hassell to retire as President & CEO of Company and Bank effective September 30, 2023; he joined in 1986 and became CEO in 2012.
- Eugene H. Walpole, IV, current Executive VP & CFO, will become President & CEO on October 1, 2023.
- Walpole has been with the Bank since 2012, serving as CFO since 2016; he will continue as CFO until a successor is named.
- Hassell will remain on the Board of Directors of both the Company and the Bank after retirement.
- Retirement is part of a planned succession; no disagreement with the Company's operations or policies.

## SEC filing metadata
- accession: 0000950170-23-001216
- form_type: 8-K
- ticker: BKSC
- cik: 0001007273
- company_name: BANK OF SOUTH CAROLINA CORP
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007273/000095017023001216/0000950170-23-001216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007273/000095017023001216/bksc-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001216
- JSON: https://secwatch.observer/filing/0000950170-23-001216.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001216.txt

## Key facts
- Executive change
  Eugene H. Walpole, IV changed role as President and Chief Executive Officer at BANK OF SOUTH CAROLINA CORP.
  - Action: promoted
  - Role: President and Chief Executive Officer
  source text: Effective October 1, 2023, Executive Vice President and Chief Financial Officer Eugene H. Walpole, IV will be promoted to the position of President and Chief Executive Officer of both the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007273/000095017023001216/0000950170-23-001216-index.htm
- Executive change
  Fleetwood S. Hassell departed as President and Chief Executive Officer at BANK OF SOUTH CAROLINA CORP.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: Mr. Hassell plans to retire on September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007273/000095017023001216/0000950170-23-001216-index.htm

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