Landmark Bancorp appoints Abigail Wendel as CEO; Michael Scheopner to retire in 2024

LANDMARK BANCORP INC

Abigail Wendel named President and CEO of Landmark Bancorp and Landmark National Bank, effective March 29, 2024.
Wendel's employment terms: $480k base salary, $100k cash incentive, 40,000 stock options at $19.43, and 5,000 RSUs.
Outgoing CEO Michael Scheopner will serve as non-executive employee through Dec 31, 2024; salary drops to $10k/month from July 1.
All unvested stock awards for Scheopner will fully vest on transition date; he remains a director until 2025 annual meeting.
Wendel previously was President of Consumer Banking at UMB Bank ($44B assets), overseeing 800+ associates.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Abigail M. Wendel

President and Chief Executive Officer

LARK · LANDMARK BANCORP INC

Effective: 2024-03-29
Filed: March 4, 2024, 6:59 PM ET

On March 4, 2024, Landmark Bancorp, Inc. (the “Company”) announced that it has appointed Abigail M. Wendel to serve as the President and Chief Executive Officer of the Company and Landmark National Bank, its wholly-owned bank subsidiary (the “Bank”), effective on the transition date, which is currently anticipated to be March 29, 2024 (the “Transition Date”), and will join their respective boards of directors.

Departed

Michael E. Scheopner

President and Chief Executive Officer

LARK · LANDMARK BANCORP INC

Effective: 2024-03-29
Successor: Abigail M. Wendel
Filed: March 4, 2024, 6:59 PM ET

Mr. Scheopner will retire as the President and Chief Executive Officer of the Company and the Bank, effective on the Transition Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Abigail M. Wendel was appointed as President and Chief Executive Officer at LANDMARK BANCORP INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On March 4, 2024, Landmark Bancorp, Inc. (the “Company”) announced that it has appointed Abigail M. Wendel to serve as the President and Chief Executive Officer of the Company and Landmark National Bank, its wholly-owned bank subsidiary (the “Bank”), effective on the transition date, which is currently anticipated to be March 29, 2024 (the “Transition Date”), and will join their respective boards of directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael E. Scheopner departed as President and Chief Executive Officer at LANDMARK BANCORP INC.

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Scheopner will retire as the President and Chief Executive Officer of the Company and the Bank, effective on the Transition Date.

View on SEC.gov

LANDMARK BANCORP INC filing history →

Source: SEC EDGAR

accession 0001493152-24-008712

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