CEO John D. Long to retire by year-end 2023; successor search underway

GLEN BURNIE BANCORP

President and CEO John D. Long will retire effective December 31, 2023, to spend more time with family and pursue other opportunities.
Long will remain with the Company and Bank during the transition period to ensure an orderly handover.
Board of Directors has commenced an executive search for a new President and CEO; no successor named yet.
Long has served as President and CEO since 2016; under his leadership the bank modernized technology and expanded products.
Chairman John E. Demyan expressed gratitude; leadership team is in place for a smooth transition.

item 5.02 item 9.01

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Departed

John D. Long

President, Chief Executive Officer, and Director

GLBZ · GLEN BURNIE BANCORP

Effective: 2023-12-31
Filed: June 30, 2023, 7:59 PM ET

On June 30, 2023, John D. Long, a member of the Board of Directors and President and Chief Executive Officer of Glen Burnie Bancorp (the “ Company ”) and its wholly-owned subsidiary, The Bank of Glen Burnie (the “ Bank ”) since 2016, notified the Company’s Board of Directors that, effective December 31, 2023, he will retire from his positions with, and as a director of, the Company and the Bank

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John D. Long departed as President, Chief Executive Officer, and Director at GLEN BURNIE BANCORP.

Action: will retire
Role: President, Chief Executive Officer, and Director

Exact text from the filing

On June 30, 2023, John D. Long, a member of the Board of Directors and President and Chief Executive Officer of Glen Burnie Bancorp (the “ Company ”) and its wholly-owned subsidiary, The Bank of Glen Burnie (the “ Bank ”) since 2016, notified the Company’s Board of Directors that, effective December 31, 2023, he will retire from his positions with, and as a director of, the Company and the Bank

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Source: SEC EDGAR

accession 0001104659-23-077094

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