leadership
confidence high
sentiment neutral
materiality 0.25
First United (FUNC) elects Steven R. Stuck, Shawn Bender, and Nina Beitzel as directors effective September 24, 2026
FIRST UNITED CORP/MD/
- Board elected Steven R. Stuck, Shawn Bender, and Nina Beitzel effective Sept. 24, 2026, to serve until the 2027 annual meeting; each also joins First United Bank & Trust's board.
- Stuck is CEO/owner of Stuck Enterprises; Bender is CEO of Beitzel Corporation; Beitzel is VP/partner at Railey Realty and part owner of Deep Creek Title.
- New directors receive an $8,750 cash retainer, 583 fully vested shares, $1,000 per board meeting, and $500 per committee meeting; special short meetings pay $200.
- Committee assignments include Stuck: Audit, Risk and Compliance, and ALCO; Bender: Trust, Risk and Compliance, and ALCO; Beitzel: Trust, Loan, and ALCO.
- No related-party transactions under Item 404(a) since fiscal 2024 or proposed for fiscal 2026; current director pay was disclosed in the March 25, 2026 proxy.