secwatch.observer — SEC 8-K summary
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Issuer:     GLEN BURNIE BANCORP (GLBZ)
CIK:        0000890066
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0001104659-23-102189
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Glen Burnie Bancorp names Mark C. Hanna as new President and CEO, succeeding retiring John D. Long
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- CEO John D. Long accelerates retirement to October 16, 2023 (previously December 31).
- Mark C. Hanna appointed EVP effective Oct 2, 2023, then President & CEO effective Oct 16.
- Hanna brings 30+ years community banking experience, most recently as President & CEO of F&M Bank.
- Hanna's base salary of $258,000; eligible for incentive compensation per bank policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890066/000110465923102189/0001104659-23-102189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890066/000110465923102189/tm2326427d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-102189

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer