8-K filed November 27, 2023, 6:59 PM ET ticker UBCP CIK 0000731653

leadership confidence high sentiment neutral materiality 0.60

United Bancorp appoints two new directors and names CEO Everson as future Chairman

UNITED BANCORP INC /OH/

Board expanded from 4 to 6 members; Bethany E. Schunn and Brian M. Hendershot appointed effective Nov 22, 2023.
Scott A. Everson, President/CEO, to become Chairman on Oct 20, 2024, after Richard L. Riesbeck retires.
Schunn is Plant Manager at Cardinal Operating Co.; Hendershot is President of Ohio-West Virginia Excavating; both previously served on Unified Bank's board.
New directors will receive standard non-employee director compensation and are eligible for the deferred compensation plan.
No banking relationships inconsistent with insider lending policy were disclosed.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Scott A. Everson

Chairman of the Board of Directors

UBCP · UNITED BANCORP INC /OH/

Effective: 2024-10-20
Successor: Richard L. Riesbeck
Filed: November 27, 2023, 6:59 PM ET

the Board also approved the appointment of Scott A. Everson, the Company’s President and CEO, to the position of Chairman of the Board of Directors to effect immediately upon the retirement of Richard L. Riesbeck on October 20, 2024.

Departed

Richard L. Riesbeck

Chairman of the Board of Directors

UBCP · UNITED BANCORP INC /OH/

Effective: 2024-10-20
Successor: Scott A. Everson
Filed: November 27, 2023, 6:59 PM ET

Mr. Riesbeck, who has served as Chairman of the Company’s Board of Directors since 2014, will retire from the Board pursuant to service limit requirements contained in the Company’s Corporate Governance Guidelines.

Appointed

Bethany E. Schunn

Director

UBCP · UNITED BANCORP INC /OH/

Effective: 2023-11-22
Filed: November 27, 2023, 6:59 PM ET

appointed Bethany E. Schunn

Appointed

Brian M. Hendershot

Director

UBCP · UNITED BANCORP INC /OH/

Effective: 2023-11-22
Filed: November 27, 2023, 6:59 PM ET

Brian M. Hendershot to fill two vacancies

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott A. Everson was appointed as Chairman of the Board of Directors at UNITED BANCORP INC /OH/.

Action: appointed
Role: Chairman of the Board of Directors

Exact text from the filing

the Board also approved the appointment of Scott A. Everson, the Company’s President and CEO, to the position of Chairman of the Board of Directors to effect immediately upon the retirement of Richard L. Riesbeck on October 20, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard L. Riesbeck departed as Chairman of the Board of Directors at UNITED BANCORP INC /OH/.

Action: will retire
Role: Chairman of the Board of Directors

Exact text from the filing

Mr. Riesbeck, who has served as Chairman of the Company’s Board of Directors since 2014, will retire from the Board pursuant to service limit requirements contained in the Company’s Corporate Governance Guidelines.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bethany E. Schunn was appointed as Director at UNITED BANCORP INC /OH/.

Action: appointed
Role: Director

Exact text from the filing

appointed Bethany E. Schunn

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian M. Hendershot was appointed as Director at UNITED BANCORP INC /OH/.

Action: appointed
Role: Director

Exact text from the filing

Brian M. Hendershot to fill two vacancies

View on SEC.gov

UNITED BANCORP INC /OH/ filing history →

Source: SEC EDGAR

accession 0001104659-23-121112

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