leadership
confidence high
sentiment neutral
materiality 0.30
Hanover Bancorp appoints Michael Thaden as director, Castle Creek designee
Hanover Bancorp, Inc. /MD
- Michael Thaden appointed to board effective Sept. 25, 2024; term expires at 2025 annual meeting.
- Also appointed to board of Hanover Community Bank, the company's subsidiary.
- Thaden is Castle Creek Capital Partners' designee under April 2024 Exchange Agreement.
- Castle Creek's ownership exceeded 865,000 shares, triggering board representation right.
- No related-party transactions or material plans in connection with appointment.